Fast Food & QSR

The expansion will bring McDonald’s total Irish footprint to more than 120 locations, with plans to open its landmark 100th restaurant in 2027 to celebrate five decades since first landing on Dublin’s Grafton Street.

The leadership overhaul comes as Red Lobster executes what Adamolekun has boldly called “the greatest comeback in the history of the restaurant industry.”

The AI connects drive-thru conversations, kitchen equipment, inventory systems, and billing data into one seamless ecosystem.

Papa Johns forecasted global system-wide restaurant sales to be flat to down in the low single digits, with adjusted EBITDA expected between US$200 million and US$210 million.

The strong results translated directly to franchisee profitability, demonstrating the brand’s ability to balance store-level economics with compelling customer value propositions.

Documents reveal recurring patterns of evasion like “selective deletion of cash invoices,” where restaurants allegedly retained only a portion of cash entries while erasing the rest to reduce income tax and GST exposure.

Papa Johns framed the rollout as a way to reduce complexity, standardize workflows, and create a unified data layer spanning menu changes, promotions, labor planning, and inventory management.

The focus now is on stabilizing traffic, optimizing the restaurant footprint, and executing the turnaround plan with discipline.

The company said the decline in quarterly net income was mainly due to a decrease in operating profit and other incomes, while reduced advertising funds revenue, franchise royalty revenue and franchise fees weighed on the top line.

The company’s collapse was precipitated by a Supreme Court ruling ordering the return of 21.5 billion won (US$14.8 million) in “margin franchise fees”, undisclosed markups on supplies sold to franchise operators.