Restaurant Brands' Firehouse Subs To Open More Than 100 Restaurants In Middle East

RTTNews | 579 ngày trước
Restaurant Brands' Firehouse Subs To Open More Than 100 Restaurants In Middle East

(RTTNews) - Restaurant Brands International Inc. is teaming with Dubai's fashion and lifestyle retail conglomerate Apparel Group to develop and open more than 100 restaurants under its Firehouse Subs brand across UAE and Oman over the next 10 years.

The agreement marks the global expansion of Firehouse Subs, a strong and growing player within the Quick Service Restaurant or QSR sandwich category in the United States.

With the partnership, Apparel Group expects to support Firehouse Subs' growth strategy across the world with its extensive experience and expertise. Apparel Group is already operating Restaurant Brands' Tim Hortons brand in the Middle East/North Africa region since 2013.

Florida -based Firehouse Subs is a restaurant chain, offering hearty sandwiches with flavorful meats, cheeses & delicious bread that is crispy on the outside and soft on the inside.

Firehouse Subs operates over 1,200 restaurants across the U.S. and Canada recently launched its restaurants in Switzerland, which is the first opening outside of North America. The barnd is also in agreement to open in Mexico.

Neeraj Teckchandani, CEO of Apparel Group said, "Firehouse Subs embodies a blend of authentic food and community spirit, and Apparel Group is honored to steer this iconic brand's heritage into the thriving Middle Eastern market. As the region's culinary landscape continues its dynamic evolution, we see Firehouse Subs seamlessly fitting into, and elevating, the tapestry of food experiences here. Our proven track record in growing international brands in MENA, combined with the distinctiveness of Firehouse Subs, promises a synergy that is bound to set new benchmarks."

read more
Burger King Plans To Launch $5 Value Meal

Burger King Plans To Launch $5 Value Meal

Burger King Co., owned by Restaurant Brands International Inc., is planning to launch $5 value meal to boost demand among Americans, who are cutting back on dining out, reports said. The fast-food hamburger chain's offer is said to include a choice of one of three sandwiches, with nuggets, fries, and a drink. The news comes after rival chain McDonald's reportedly announced a plan to introduce...
RTTNews | 322 ngày trước
U.S. Consumer Sentiment Index Tumbles Much More Than Expected In April

U.S. Consumer Sentiment Index Tumbles Much More Than Expected In April

Preliminary data released by the University of Michigan on Friday showed a continued slump by U.S. consumer sentiment in the month of April. The University of Michigan said its consumer sentiment index tumbled to 50.8 in April after plunging to 57.0 in March. Economists had expected the consumer sentiment index to fall to 54.5.
RTTNews | 11h 14phút trước
CPSC Recalls: Fisher-Price Toys, OTC Cold Medicine, Youth ATVs, Baby Bath Seats, High Chairs

CPSC Recalls: Fisher-Price Toys, OTC Cold Medicine, Youth ATVs, Baby Bath Seats, High Chairs

The U.S. Consumer Product safety Commission or CPSC has announced various recalls including Fisher-Price Stroller Toys and Tissue Box Toys, over-the-counter or OTC cold medicine, youth All-Terrain Vehicles or ATVs, baby bath seats, and high chair activity centers, among others. Toy maker Fisher-Price Inc., owned by Mattel, Inc., recalled about 253,000 units of Brunch & Go Stroller Toys.
RTTNews | 11h 35phút trước
U.S. Producer Prices Unexpectedly Decrease In March, Annual Growth Slows

U.S. Producer Prices Unexpectedly Decrease In March, Annual Growth Slows

On the heels of yesterday's report showing a surprise dip by U.S. consumer prices, the Labor Department released a separate report on Friday showing U.S. producer prices also unexpectedly decreased in the month of March. The Labor Department said its producer price index for final demand fell by 0.4 percent in March after inching up by a revised 0.1 percent in February.
RTTNews | 13h 9phút trước
U.S. Producer Prices Unexpectedly Fall 0.4% In March

U.S. Producer Prices Unexpectedly Fall 0.4% In March

On the heels of yesterday's report showing a surprise dip by U.S. consumer prices, the Labor Department released a separate report on Friday showing U.S. producer prices also unexpectedly decreased in the month of March.
RTTNews | 14h 20phút trước
Bay Street May Open On Positive Note

Bay Street May Open On Positive Note

Canadian shares are likely to open higher on Friday, led by gains in the materials sectors thanks to rising metal prices. Gold prices climbed to record highs past $3,200 an ounce mark. Escalating tensions between China and the U.S. could weigh on sentiment and cap market's upside.
RTTNews | 14h 21phút trước