Global Foodservice News
Panera parent JAB brings new leadership to consumer portfolio
The Luxembourg-based investment firm has named two co-heads of business development and portfolio management in New York and London. The Europe-based parent to Panera Brands, Pret A Manger and more has new leadership. Luxembourg-based JAB on Thursday announced a refresh of its boards and leadership team across its consumer portfolio companies. David Serre and Emiliano…
Read MoreStarbucks says its turnaround is ahead of schedule, but has a long way to go
The coffee shop giant, making the rounds of investor conferences this week, says it has plenty of capacity to build sales, especially in the afternoons. Starbucks’ comeback under CEO Brian Niccol is running ahead of schedule, at least according to company executives. But that doesn’t mean it’s finished. Niccol, along with Starbucks CFO Cathy Smith,…
Read MoreWhat To Do When Private Equity Buys Your Restaurant Franchise
It’s a time for due diligence and reflection, not panic. Private equity’s appetite for franchises has surged over the past two years. Roark Capital bought Subway for nearly $10 billion and a majority stake in Dave’s Hot Chicken for nearly $1 billion. During the same period, Blackstone purchased Jersey Mike’s, and KKR acquired Nothing Bundt…
Read MoreWhy trade, swipe fees are NRA’s political priorities for restaurants
The National Restaurant Association is urging the Trump administration to approve the U.S.-Mexico-Canada Trade Agreement and take a do-no-harm stance on tariffs. Editor’s Note: This Q&A is part of a series of interviews with political figures in the restaurant industry about the issues facing brands, workers and operators in 2026. This is the second part…
Read MoreGlobal Foodservice News — June 1, 2026
Industry Spotlight Tommy Bahama’s restaurants are thriving, on and off the beach The clothing company has carved out a unique niche in casual dining with its combination of retail stores and restaurants that offer customers a sense of escape. When most people think of Tommy Bahama, they probably picture Hawaiian-print shirts, Panama hats and polos…
Read MoreFacilities Profit When Tech Meets Trash
Facility managers have enough safety risks to consider without these threats compounding when scrap materials—cardboard, plastics, and metals—pile up to create tripping hazards and attract pests. They see these materials as waste and a nuisance that costs money to remove. The standard reaction is to hit the “easy button” by calling a hauler, paying a…
Read MoreKP Tissue Canada reports profitability growth in the first quarter of 2026
The company highlighted EBITDA improvement, lower pulp costs and operational advances despite a volatile economic environment KP Tissue released its financial results for the first quarter of 2026, reporting increased profitability and operational stability despite ongoing economic volatility. The company stated that Kruger Products achieved Adjusted EBITDA of CAD 86.9 million, representing a 14.6% increase…
Read MoreISSA Launches Healthcare Environmental Hygiene Professional Certification Program
ISSA, The Association for Cleaning and Facility Solutions, today announced the launch of the ISSA Healthcare Environmental Hygiene Professional Certification (HEHP), a comprehensive, three-tier training program designed to build a consistent framework of environmental hygiene standards for in-house healthcare environmental services teams and any healthcare professionals who hold accountability for cleaning, disinfection, and patient care.…
Read MoreTrane Technologies Opens Global AI Lab and Showroom
Aiming to accelerate the future of autonomous building, the Montréal innovation hub and immersive customer experience center advances Trane’s AI-driven sustainability strategy. Key Highlights The Montreal AI Lab is part of Trane Technologies’ strategy to develop next-generation, AI-powered climate solutions; Located in a leading AI hub, the lab combines top talent and industry partners like…
Read MoreAutonomous Cleaning Needs More Than Autonomous Machines
Autonomous cleaning has moved past the demo-day novelty stage, but the gap between a robot that runs and a program that works keeps widening. At ISSA Show North America, it was noted that about a dozen companies showed up with robotic floor equipment. A year later, that number was creeping up to 50. The technology…
Read More
