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

RTTNews | il y a 710
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 | il y a 454
Euro, Pound Rises After Eurozone, U.K. PMI Reports

Euro, Pound Rises After Eurozone, U.K. PMI Reports

The European currency abd British pound strengthened against other major currencies in the European session on Thursday, after the release of Purchasing Managers' index data from both economies.
RTTNews | il y a 16 minutes
Canadian Stocks May Open Slightly Weak

Canadian Stocks May Open Slightly Weak

Canadian shares may open slightly down on Thursday with investors focusing on the upcoming speeches by central bank chiefs, including Fed Chair Jerome Powell, at the Jackson Hole Symposium.
RTTNews | il y a 22 minutes
U.S. Weekly Jobless Claims Rise More Than Expected

U.S. Weekly Jobless Claims Rise More Than Expected

First-time claims for U.S. unemployment benefits rose by much more than expected in the week ended August 16th, according to a repot released by the Labor Department on Thursday.
RTTNews | il y a 39 minutes
FTSE 100 Slips Ahead Of Speeches At Jackson Hole Symposium

FTSE 100 Slips Ahead Of Speeches At Jackson Hole Symposium

U.K. stocks are drifting down a bit on Thursday with investors largely staying cautious, digesting flash survey data on regional manufacturing and services sector activity, and looking ahead to the Jackson Hole Symposium.
RTTNews | il y a 1h 57min
CAC 40 Moderately Lower

CAC 40 Moderately Lower

French stocks are exhibiting weakness on Thursday in cautious trade, with investors awaiting speeches from central bank chiefs at the Jackson Hole Symposium, which gets underway later in the day. Investors are also digesting flash survey figures on regional manufacturing and services sector activity in the month of August.
RTTNews | il y a 2h 23min
Eurozone Private Sector Expands At Fastest Pace In 15 Months

Eurozone Private Sector Expands At Fastest Pace In 15 Months

Eurozone private sector expanded at the fastest pace in 15 months in August on stronger growth in manufacturing output despite challenges posed by U.S. trade tariffs. The HCOB flash composite output index climbed more-than-expected to 51.1 in August from 50.9 in July, survey results from S&P Global revealed Thursday. The score was seen at 50.7.
RTTNews | il y a 2h 27min