Weekly Global Wrap: Yum Brands completely exits from Russia; Starbucks’ 2022 results show resilience; Restaurant Brands exceed earnings expectations

Here is a summary of the most interesting QSR news stories of the week globally.

Coffee chain Starbucks showed its resilience in the QSR industry after posting $8.4b consolidated revenue in the fourth quarter of this year. More from QSR Magazine.

Shake Shack will be adding kiosks at every store to produce seamless labour. It is seeking to produce kiosks in about 20 to 30 stores. More from QSR Magazine.

Restaurant Brands surpassed the expected earnings in the third quarter of 2022. More from Yahoo Finance. 

To address job crisis, UK’s biggest hospitality recruitment initiative was launched all over the UK. More from Deeside.

Yum Brands finishes its exit from Russia whilst signing an agreement to sell its KFC stores there. More from Reuters.

Korean fast food concept Bonchon will open more stores in New York and New Jersey. More from Franchising.com.