In a significant shift of legal strategy that highlights the complexities of operating within the Indian regulatory landscape, French spirits conglomerate Pernod Ricard has officially withdrawn its challenge against a massive US$314 million tax demand. The decision, recently confirmed by the Delhi High Court, marks a pivotal moment in a multi-year investigation into the company’s […]

LAS VEGAS — In a landmark resolution that has sent shockwaves through the upper echelons of the fine-dining world, Bouchon Las Vegas and the Thomas Keller Restaurant Group (TKRG) have agreed to pay $2 million to settle a sexual harassment lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC). The settlement, announced following allegations […]

NEW YORK — In a move that underscores the intensifying intersection of Silicon Valley capital and the American culinary landscape, Wonder, the ambitious food-tech startup founded by serial entrepreneur Marc Lore, has officially closed a $650 million Series D funding round. The investment, announced Thursday, propels the company’s pre-money valuation to a staggering $9 billion, […]

CAITHNESS, SCOTLAND – In a landmark moment for the Scottish spirits industry, Dunnet Bay Distillers has officially fired up the stills at its brand-new, £5 million (US$6.7 million) Stannergill Distillery. Located in the rugged, windswept landscape of Caithness, the facility represents one of the most significant investments in northern Highland whisky production in recent years. […]

Darden Restaurants, the powerhouse behind some of America’s most recognizable casual dining brands, has concluded its fiscal year 2026 with a performance that underscores its dominance in the restaurant industry. Amidst a fluctuating economic landscape where consumer spending has become increasingly scrutinized, Darden’s primary growth engines—Olive Garden and LongHorn Steakhouse—have not only remained resilient but […]

The landscape of the British hospitality sector is undergoing a profound transformation, driven by a category once relegated to the fringes of the "alcopop" era. Recent data from NIQ’s On Premise Measurement (OPM) tool reveals that the Ready-to-Drink (RTD) category is no longer just a convenience-store staple but a burgeoning powerhouse within Britain’s bars, pubs, […]

ENGLEWOOD, CO – In a move that signals a significant acceleration of its long-term strategic restructuring, Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) has announced the signing of two definitive refranchising agreements. The deal involves the sale of 86 company-owned restaurant units to two experienced multi-unit operators for a total consideration of $72.5 million. This […]

London, UK – June 18, 2024 – The popular sandwich chain Pret A Manger is under intense scrutiny as the animal rights organization Anima launches a significant £1 million "Public Accountability Campaign." The campaign targets Pret’s alleged failure to uphold its commitment to cease selling "Frankenchickens" by 2026, a promise made nearly a decade ago. […]

GREENWOOD VILLAGE, CO – Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB), a staple of the American casual dining landscape for over five decades, has officially announced a definitive agreement to sell 30 of its company-operated restaurants to Evergreen Dining LLC. The transaction, valued at $23.5 million in cash, marks a significant milestone in the brand’s […]

MINNEAPOLIS, MN – International Dairy Queen, Inc. (IDQ), the venerable titan of the quick-service restaurant (QSR) industry and a subsidiary of Berkshire Hathaway, has unveiled a high-stakes financial incentive program designed to aggressively accelerate its footprint across the United States and Canada. By offering six-figure cash rewards for timely openings and multi-unit commitments, the brand […]