GLOBAL WEEKLY NEWS WRAP: McDonald's expands US delivery service; Leon secures £25 million for international expansion; Five Guys beats In-N-Out as America's favourite burger chain
Here is a summary of the most interesting QSR news stories of the week from around the world.
According to an article by the Guardian, McDonald's recently pulled an ad accused of 'exploiting child bereavement'. After series of complaints, the fast food giant withdrew the advert from TV screen and issued an official apology for any upset caused. READ MORE HERE
The Telegraph reported that UK healthy fast-food chain Leon has secured £25 million from a private equity backer to hasten its international growth plans. Spice Private Equity will back the business to help it expand overseas as well as broaden its presence in the UK. READ MORE HERE
According to the Economic Times India, prices of food items served at hotels, restaurants and fast-food joints in the country are expected to go up from July 1 with the GST Council deciding on a tax rate of 12% for annual turnover above Rs 50 lakh. READ MORE HERE
Obesity experts are pushing for the banning of fast food on buses and trains, as part of efforts to "nudge" the public out of round-the-clock snacking, the Telegraph reports. READ MORE HERE
Five Guys has unseated In-N-Out for the title of America’s favourite burger restaurant brand, in a study cited by Fox News. READ MORE HERE
According to Nasdaq, McDonald's has expanded its delivery service partnership with UberEats to Los Angeles, Chicago, Columbus and Phoenix. READ MORE HERE
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