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Weekly Global News Wrap: Chains’ latest earnings a mix bag due to inflationary pressures; Jack in the Box to try kitchen robots; Taco Bell offers $8m worth of scholarships
Weekly Global News Wrap: Chains’ latest earnings a mix bag due to inflationary pressures; Jack in the Box to try kitchen robots; Taco Bell offers $8m worth of scholarships
Here is a summary of the most interesting news stories of the week from around the world.
Starbucks Korea to start electric vehicle operations in Seoul
The chain plans to roll out the initiative nationwide.
Families with kids already saving to spend for Christmas: IGD
60% of shoppers agree that a rise in costs would “seriously” affect how much they spend on special occasions this year.
German Doner Kebab launches “2.0” grab-and-go menu
Items are priced at £5 or less.
Tim Hortons aiming to double UK estate by end-2023
It is set to open its first restaurant in London later this year.
Subway taps TikTok star as ‘crisp sandwich sommelier’
The chain looks to “educate customers on the art of creating the perfect crisp sarnie.”
Delivery, takeaway sales slip YoY as more customers opt for out-of-home eating
The focus for operators is turning repeat customers into loyal advocates, an analyst said.
Papa John’s opens restaurant in Horsham
The venue is also one of the first high street outlets to benefit from their updated branding.
Grill’d launches $5 HFC burger deal for loyalty programme members
The promotion lasts until May 8.
Hungry Jack’s UNO promotion returns with $140m in prizes
Prizes include Suzuki cars and motorcycles and free fuel for a year with Shell.
Jollibee CFO Ysmael Baysa to retire on April 30
He will be succeeded by Richard Chong Woo Shin.
KFC Thailand franchisee Restaurants Development Company to open 28 stores
It currently operates 236 restaurants.
Yum China launches ‘green’ KFC stores in Beijing, Hangzhou
The company expects the Green Pioneer Stores are expected to further cut GHG emissions.
Fridays appoints Rhiannon Scarlett as chief marketing officer
She will be responsible for marketing and public relations for Fridays and 63rd+1st in her new role, including all CRM, loyalty, and digital operations.
Weekly Global News Wrap: Just Eat weighs Grubhub sale; Chipotle’s US$50m venture fund; Panera widens coffee subscription programme
Here is a summary of the most interesting news stories of the week from around the world.
Yoshinoya fires director for remark on getting women "hooked" on products
His conduct was described by the company as "completely unacceptable."
Yum China names Johnson Huang as first chief customer officer
Warton Wang, currently the company's chief development officer, will succeed Huang as general manager for KFC.
Most Read
1. Weekly Global Wrap: Whataburger hires ex-McDonald's exec; Jollibee launches premium burger in US Tim Hortons appoints new COO 2. Luckin Coffee Singapore expands with three new stores in April 3. Social Media Wrap: Krispy Kreme launches experiential marketing activities; Soul Origin expands to Wanneroo; Zambrero celebrates Plate 4 Plate initiative milestone 4. Domino’s Pizza China’s revenue soars 41.4% YoY in FY2024 5. Yum! Brands' CEO to retire next yearResource Center
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