In contrast, fast-food outlets saw a 10.4% growth in 2023 and are now performing at a 20.1% higher rate than in 2019, highlighting a consumer shift towards takeout and delivery services.

Restaurant chain operator Watami Co. announced it has acquired the Japanese arm of U.S. sandwich chain Subway. Subway currently operates 178 outlets in Japan, but Watami plans to expand that ...

and Watami, is celebrating its 30th anniversary in the Philippine food and beverage industry. The group’s journey began with TGIFriday’s, which paved the way for the addition of other beloved ...