Weekly Global Wrap: Cava catches TikTok users’ attention; Domino’s Pizza UK seeks higher marketing spend; Starbucks posted growth despite inflation
Here is a summary of the most interesting QSR news stories of the week globally.
Starbucks recorded growth for the third quarter ending on 3 July. Its same-stores sales increased 3% worldwide. Read More from Restaurant News.
TikTok users feast on the Mediterranean concept Cava in MidTown. The eatery generated long lines as well as millions of views on the social media app. Read More from the New York Post.
KFC puts a stop on a popular menu deal amidst shortage in poultry. The WOW Tuesday deal was impacted by insufficient supply of chicken. Read More from Daily Mail.
Domino’s Pizza UK posted 16% fall in first-half pretax profit after rising costs and food inflation. It is seeking higher marketing spend to increase customers. Read More from Reuters.
Taco Bell will revive its Mexican Pizza next month. It will become a permanent item on the menu on 15 September. Read More from CNBC.
Former Five Guys CEO Paul Reynish was hired to lead Gong Cha. He will manage expansion plans in the US and internationally. Read More from Fast Casual.