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29 Apr 2024

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RBD - KFC Australia Class Action Claim
Restaurant Brands New Zealand Limited (RBD) notes the announcement released by Collins Foods Limited (ASX: CFK) on 18 December 2023 in relation to the class action filed in the Federal Court of Australia by Shine Lawyers on behalf of certain KFC employees

Big rise in complaints to banking watchdog over new 'KFC, Uber, pregnancy' loan rules
The Banking Ombudsman Scheme says it has seen complaints about lending delays double since the borrowing rules came into effect.The Credit Contracts and Consumer Finance Act (CCCFA) requires banks to closely vet mortgage applicants'...

Pressure on KFC as Domino's ditches 'Frankenchickens'
By Farah Hancock, RNZ Warning: Readers may find images in this story upsetting KFC refuses to say if it will sign up to the Better Chicken Commitment its competitor Domino's Pizza has adopted, which promises a switch from fast-growing...

Restaurant Brands profit jumps 208% from $11.2m to $34.5m
Fast food giant Restaurant Brands has taken an even bigger bite into New Zealand's growing fast food market, with its bottom line profit up 208 per cent from $11.2 million to $34.5m.The owner of KFC, Pizza Hut, Carl's Jr and Taco...

McDonald's plans for the end of plastic sundae cups
And it's also goodbye to KFC's iconic red spoons.

Auckland KFC customer discovers fly eggs on piece of chicken
Fast food chain is investigating after woman's discovery, which left her feeling "sick to the stomach".

Restaurant Brands makes sales of nearly $900m in 2020
The company that operates KFC, Pizza Hutt, Taco Bell and Carl’s Jr. increased sales on the year before despite bumpy Covid ride.

Burger King sold to owners of Starbucks in New Zealand
Fast food chain Burger King has been sold to investment company Tahua Partners, the owners of the Starbucks franchise in New Zealand.Receivers of the parent companies of the local Burger King business, Brendon Gibson and Grant Graham...

Chief executive Russel Creedy, CFO Grant Ellis to retire from Restaurant Brands in 2023
Restaurant Brands NZ says chief executive Russel Creedy and chief financial officer Grant Ellis will both retire from the company in 2023 after 20 years.Creedy will retire on March 31 Ellis on May 31.The company operates 359 KFC,...

Porirua KFC premises on the market
Purpose-built restaurant with long lease touted as a perfect passive investment

Covid-19: KFC dishing up free chicken to vaccinated Kiwis
New Zealanders’ love of a tasty treat is increasingly being used to drive up vaccination rates.

Southern-most Starbucks moves location
The World’s southern-most Starbucks has moved from Esk St to Wachner Place in Invercargill due to the Invercargill City Council’s City Streets Upgrade project.

Restuarant Brandsprofit jumps 208% from $11.2m to $34.5m
Fast food giant Restaurant Brands has taken an even bigger bite into New Zealand's growing fast food market, with its bottom line profit up 208 per cent from $11.2 million to $34.5m.The owner of KFC, Pizza Hut, Carl's Jr and Taco...

Restaurant Brands posts encouraging full-year earnings
Restaurant Brands increased its annual profit by 2.8 per cent in the year to December.The owner of KFC, Pizza Hut, Carl's Jr and Taco Bell restaurants in New Zealand, Australia, Hawaii and California, posted a $30.9 million net...

Starbucks revamps and expands after struggling to win over NZ 'coffee snobs'
In 20 years global giant Starbucks hasn't bowled over New Zealand coffee drinkers, so it's changing tack.

Starbucks sees a revamp with new store designs and a digital platform
Tahua Capital invests in a major revamp of Starbucks stores as the company looks to expand.

Kiwi company Tahua Partners buys Burger King
The business, which operates Starbucks in New Zealand, is taking another bite out of the global hospitality market.