GLOBAL WEEKLY NEWS WRAP: Wendy's stock sees decade-high jump; Ippudo Ramen looks toward global expansion; McDonald's invests in upgrades to win back customers
Here is a summary of the most interesting QSR news stories of the week from around the world.
According to a report by the Financial Times, Wendy's shares rose after the US fast food company bucked tough industry conditions to report better than expected first-quarter earnings. READ MORE HERE
McDonald's began its nationwide rollout of its Signature Crafted Recipes sandwiches to compete with other premium burger chains. The new sandwiches cost between $5 and $7, on par with the prices at other chains in the better-burger category, according to CNBC. READ MORE HERE
Bloomberg reported that the operator of ramen chain Ippudo is looking outside Japan for international growth, planning locations in places like New York and San Francisco. READ MORE HERE
McDonald's is investing cash to help franchisees fund costly restaurant upgrades in an unprecedented move to win back lost customers, according to Business Insider. READ MORE HERE
Fox News looks inside the development of Shake Shack's new cookbook. READ MORE HERE
The German city of Hamburg became the first in the world to ban single-use coffee pods from all government-run buildings, according to a report by Digital Journal. READ MORE HERE
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