Consumer interest in health has attracted private-equity investment in some up-and-coming operators, while other chains are revamping menus or even considering more substantial changes. Elsewhere, US fast-food chicken operator Popeyes Louisiana Kitchen demonstrated it is benefiting from demand for indulgence and comfort food and there were more examples of international expansion.
Investment in growing segment of US foodservice
On 4 August, there was a third announcement in week of investment in an up-and-coming segment of the US foodservice sector. Snap Kitchen, a retailer selling freshly prepared, healthy takeaway meals, completed a $22m fundraising from existing investors private-equity firm Catterton and co-founder Bradley Radoff. Continue reading