Daily Newsletter

09 August 2023

Daily Newsletter

09 August 2023

Popeyes to open first restaurant in Scotland

The new location is scheduled to open at Barrhead's retail park later this year.

Umesh Ellichipuram August 08 2023

Fried chicken restaurant brand Popeyes is set to open its maiden location in Glasgow, Scotland, later this year, according to a report by The Herald.

Scheduled to open at Barrhead's retail park, the new venue will feature a drive-through facility. It will be the brand’s 12th store opening so far this year and 29th since its inception in the UK in 2021.

The new restaurant location will offer guests a wide array of menu items, including Popeye's signature 12-hour marinated chicken. The restaurant will also serve items from its breakfast menu, including the Big Breakfast Roll and the Louisiana buttermilk biscuit.

The publication quoted Popeyes UK chief executive Tom Crowley as saying: “We are thrilled to announce that Popeyes will be opening in Scotland for the first time later this year.

“Opening restaurants in Scotland has been key for us since we first landed in the UK, and we're looking forward to opening across the country, starting with a drive-through in Barrhead.

“Our recent openings have been some of the biggest to date, not just in the UK but for Popeyes globally and we are confident that our launch in Scotland will prove just as popular.”

According to a report by The Caterer, Popeyes received an investment of £50m from TDR Capital in the UK earlier this month.

The restaurant company will use the investment to support the brand’s growth.

Generative AI remains an untapped potential across the consumer industry

GlobalData estimates the total AI market will be worth $909 billion in 2030, growing at a CAGR of 35.2% between 2022 and 2030. The consumer goods, foodservice, and packaging sectors are undergoing digital transformation, accelerated by the COVID-19 pandemic and changing consumer preferences. AI can help companies operating in these sectors by significantly reducing costs and production times. In Nestlé's 2022 full-year results, the company announced a renewed focus on digitalization to drive growth. Financial and reputational pressures associated with supply chain disruptions and sustainability concerns are also driving interest in the digitalization of supply chains. Data science and ML are strong investments across all areas. However, the sectors cannot stop at AI-powered data analytics applications. They must also explore computer vision (CV), smart robots, AI sensors that automate manufacturing and distribution logistics, and generative AI tools that increase efficiency across corporate departments and customer service operations and enable innovation in product design. For the most part, the consumer goods, foodservice, and packaging sectors will not play a significant role in creating and developing AI hardware or platforms. Instead, these sectors will help scale up the adoption of AI technologies, such as CV, conversational platforms, and smart robots. This adoption will be driven by the financial benefits and potential cost savings AI automation delivers across global supply chains.

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