Global News Wrap Up: McDonald's Store No. 1 set for teardown; Chick-fil-A extends family-style meals; Just Eat slated for FTSE 100
Here is a summary of the most interesting QSR news stories of the week from around the world.
Chick-fil-A is extending its family-style meals which are focused on gathering of fours. According to Biz Journals, the company said it worked directly with a group of parents to design the all-in-one meal bundle. The meal also comes with Conversation-Starters to "inspire mealtime discussions." In July, the chicken chain said family meals serve a growing demand for takeout options, and that more than a third of Chick-fil-A’s dinner customers (36%) take their meal to eat at home.
McDonald's has announced its plan to demolish its historic replica built on the site of the first McDonald's franchise restaurant in the Chicago suburb of Des Plaines. The sign outside advertises 15-cent hamburgers, like it would have been in 1955, when the company's founder Ray Kroc opened Store No. 1. McDonald's said it is seeking a demolition permit this week to end Store No. 1 for good, per the report from NDTV.
In a report by The Guardian, Just Eat is on course to enter the FTSE 100 after its stock market value rose higher than Sainsbury’s. The takeaway website has soared in value since making its stock market debut in 2014, with the company now worth £5.6bn after gobbling up smaller rivals including Hungryhouse and SkipTheDishes. It is on track to secure a place in Britain’s top 100 companies.
Wendy's is reportedly expanding its delivery service in 2,500 locations. It is extending its partnership with delivery company DoorDash to offer delivery in 48 markets from 2,500 restaurants by the end of this year. The move comes after a successful test run of its delivery service in Dallas and central Ohio.
Starbucks is now offering a value meal with its new £3.99 meal deal. The lunch bundle, which surprisingly doesn’t include a hot drink, will be available in over 60 Starbucks stores in London. For £3.99, the coffee chain's new lunch bundle includes a sandwich, wrap or panini as well as a snack and a sparkling water.