CHICAGO--(BUSINESS WIRE)--City Capital Ventures, LLC (“CCV”), a private investment partnership headquartered in Chicago, Illinois, is pleased to announce its acquisition of Toronto-based Redberry Group (“Redberry” or the “Company”). Redberry is one of the largest quick-service restaurant franchisees in North America with 134 total restaurants consisting of 111 Burger King restaurants and 23 Pizza Hut restaurants, all located in Canada. Founded in 1954, Burger King is the second largest global fast food hamburger chain in the world with more than 17,500 locations. Since being acquired in 2010 by 3G Capital and becoming the cornerstone to Restaurant Brands International, Burger King has enjoyed a renaissance in its business, led by the freshness and innovation of its menu and its market positioning. Similarly, Redberry has a strong Pizza Hut presence in Alberta with a base of nicely profitable units.
Yum! Brands Inc Add to portfolio
INX:YUM, Feb 16, 06:19 UTC
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Sunday, February 10
Date: 10 Feb 19 Time: 09:47
Friday, February 08
Date: 08 Feb 19 Time: 16:30
City Capital Ventures Acquires Toronto-Based Burger King and Pizza Hut Franchisee Redberry Group
Date: 08 Feb 19 Time: 16:05
Taco Bell announces nationwide delivery
IRVINE, Calif. (WSET) -- Taco Bell fans have been wishing for delivery for years now and today those dreams come true. Taco Bell announced they will start nationwide delivery via Grubhub. For a limited time, Taco Bell will offer free delivery for all orders over $12! Taco Bell has integrated its point-of-sale system right into the Grubhub app which means your order will be picked up exactly when it's ready, so it won't sit on a shelf waiting. "We are thrilled because our expanded Grubhub delivery access for our Taco Bell customers will help satisfy their cravings with the delicious Taco Bell they already know and love, whenever, wherever and however they want it," said President of Taco Bell, North America, Julie Felss Masino in a statement on GrubHub's website.
Thursday, February 07
Date: 07 Feb 19 Time: 18:50
Dunkin', Taco Bell announce delivery expansion as others hit bumps in the road
McDonald's and Starbucks have both hit bumps in the road as they roll out delivery across their stores via a partnership with UberEats. More and more restaurants are partnering with third-party delivery services as foot traffic stalls as a way to keep growing sales. Working with a third party means that restaurants can skip some of the hassle of delivery while still appealing to consumers who want more convenient food options. But using those delivery platforms comes at a cost. In the last two years alone, delivery has become a $3 billion business for the fast food chain. However, McDonald's MCD U.S. franchisees have expressed dissatisfaction with their returns on orders delivered by UberEats, adding it to a list of other corporate decisions the restaurant owners believe are not in their best interest.
Date: 07 Feb 19 Time: 16:36
Dear Pizza Hut Fans: Is There Any Way We Can Thank You For An Incredible Football Season?
Pizza Hut closes out a stellar rookie season as the Official Pizza Sponsor of the NFL by offering customers ANY Large Pizza Hut pizza for just $10.99, ahead of National Pizza Day. PLANO, Texas, Feb. 7, 2019 /PRNewswire/ -- It may now officially be the off-season, but Pizza Hut has one more move left in its playbook. "While we're at our busiest, we're at our best – and Super Bowl Sunday was no exception. To keep the momentum going, we're showing our gratitude to customers by offering up a special deal on the Pizza Hut pizza they know and love, right in time for National Pizza Day." Pizza Hut sold nearly two times as many pizzas on Super Bowl Sunday vs. a typical Sunday, proving that football and pizza truly are the perfect pair!
Date: 07 Feb 19 Time: 13:00
Taco Bell launching nationwide delivery with help from GrubHub
Taco Bell will now offer delivery nationwide through a partnership with GrubHub, the fast-food chain said Thursday. GrubHub will bring on additional drivers to areas with a Taco Bell to ensure swift delivery. And for a limited time, Taco Bell is offering delivery service free on orders of more than $12. Taco Bell is part of the Yum Brands Inc. portfolio, which also announced an earnings-per-share decline on Thursday morning. "We reflected the change in fair value of our investment in Grubhub by recording $171 million of pre-tax investment expense, resulting in a negative ($0.41) impact to EPS on the quarter," the company said in its earnings release.
Wednesday, February 06
Date: 06 Feb 19 Time: 16:22
National Pizza Day deals - Pizza Hut, Papa Johns, Domino's, Pizza Express, Asda, Morrisons, Tesco - Birmingham Live
You can read more in our cookie notice. Or, if you do not agree, you can click Manage below to access other choices. If you choose not to, you will still see adverts on our site, because they help us to fund it, but those adverts will not be tailored to you. National Pizza Day deals - Pizza Hut, Papa Johns, Domino's, Pizza Express, Asda, Morrisons, Tesco. National Pizza Day is here and that means it's an ideal chance to celebrate this fast food favourite. Whatever size, crust or toppings you prefer, there's something out there to suit all tastes. Veganuary saw a number of meat-free options added to menus too, broadening the appeal even more. So what deals can you enjoy in honour of National Pizza Day?
Saturday, January 26
Date: 26 Jan 19 Time: 17:35
Pizza Hut Hopes to Score with Name Change Ahead of Super Bowl
Pizza Hut Hopes to Score with Name Change Ahead of Super Bowl. To commemorate the big game next week, a popular pizza chain is changing its name. Pizza Hut in Atlanta is temporarily becoming 'Pizza Hut Hut' in honor of their partnership with the NFL. Super Bowl LIII takes place Sunday Feb. 3 at Atlanta's Mercedes-Benz Stadium. How Much Did the President Spend on Fast Food for Team Visit?
Thursday, January 24
Date: 24 Jan 19 Time: 18:31
Pizza Hut 'changes' its name for Super Bowl LIII
It’s Pizza Hut’s first year as the official pizza of the Super Bowl, and in honor of the momentous occasion, they’ve changed their name to a pun you may not immediately get — unless you’re a football fan. Pizza Hut has made the name change on their website and according to USA Today, a location in Atlanta — where the Super Bowl is being played — will temporarily change its signage to reflect the football-centric name. It’s the biggest day of the year for the NFL and the biggest day of the year for Pizza Hut,” Marianne Radley, Pizza Hut’s chief brand officer, told Nation’s Restaurant News. The chain, which took over as the official pizza of the NFL after Papa John’s ended its deal, is expecting to sell more than 2 million pizzas during the Super Bowl on February 3.
Date: 24 Jan 19 Time: 18:05
KFC, Walmart Canada the latest companies to commit to using less plastic
KFC, Walmart Canada the latest companies to commit to using less plastic. Fast-food chicken chain KFC said Thursday that all plastic-based, consumer-facing packaging will be recoverable or reusable by 2025. Walmart Canada announced plans on Wednesday that include reducing plastic bag use by 2025 that will take about 1 billion bags out of circulation, and replacing single-use plastic straws with paper alternatives by 2020. Waste from plastic has become a flashpoint with environmentalists and consumers, and companies are reluctant to be seen as falling behind. Oreo maker Mondelez International Inc. and Nestle SA are among food giants that announced similar sustainability goals last year.
Key Stats & Ratios
|Quaterly Earnings Growth||-23.40%|
|Quaterly Revenue Growth||-1.20%|
|Revenue per share||17.67|