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News

Sunny March weather boosts UK pub and restaurant sales

Pub and restaurant groups in the UK  have benefited from the sunny weather in March, with collective like-for-like sales up by 3.8% compared with the same month last year when trading was down due to the ‘beast from the east’ cold snap.

News

Uber IPO filing reveals Uber Eats profit struggle

Transportation service Uber has released its initial public offering (IPO) including self-reported results for 2018, which reveal revenues reaching $11.27bn, an increase from $7.93bn in 2017, despite Uber Eats struggling to be profitable.

News

MTY Food Group to buy Papa Murphy’s for $190m

Canadian franchisor and operator of multiple concepts of restaurants MTY Food Group has reached a definitive merger agreement to acquire all of the issued and outstanding shares of Papa Murphy’s Holdings.