Here is a summary of the most interesting QSR news stories of the week from around the world.
McDonald's has fired back against Black ex-franchisees' US$1 billion racial-discrimination suit, arguing that the claims are 'illogical' and 'self-serving speculation'. Business Insider reported that the fast food giant filed a motion to dismiss the suit in the US District Court for the Northern District of Illinois Eastern Division. Read more here.
McDonald’s also said it is on track to have healthier Happy Meals. Fox Business reports that the chain has sold over 2.5 billion Happy Meal items containing fruit, vegetables, low fat dairy, water, lean protein or whole grains since launching its initiative to provide more balanced meal options for younger guests in 2018. Read more here.
Pizza Hut is looking to get a say in whoever buys NPC International’s restaurants out of bankruptcy. As reported by Restaurant Business, the company filed comments with federal bankruptcy court, establishing its rights under its franchise agreements with NPC - its largest operator - including a “right of first refusal,” which enables the franchisor to step in and buy the restaurants at any stated price. Read more here.
Digital orders now make up nearly half of all of Chipotle Mexican Grill’s sales, leading the chain to strong earnings for its third quarter. As reported by Restaurant Business, same-store sales for the chain rose 8.3% for the quarter ended 30 September and revenue increased 14.1% to US$1.6 billion. Read more here.
More chains are utilising TikTok to reach more customers under the Gen Z demographic. As reported by Business Insider, UBS ranked chains by how their total number of TikTok followers in a recent report. Read more here.
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