Weekly Global News Wrap Up: Chipotle's 5,000-jobs hiring spree; Starbucks courts China customers with Teavana range; McDonald's receives final bids for North Asia sites
Here is a summary of the most interesting QSR news stories of the week from around the world.
- Chipotle is setting aside its problems and going on a hiring spree. The company, which has struggled in recent months with an E. coli outbreak and a lawsuit accusing it of mistreating workers, plans to offer jobs to 5,000 people across the country on Sept. 28, according to CNNMoney. READ MORE HERE.
- After building a successful coffee business in China, Starbucks is entering the country’s tea market to attract more Chinese consumers. The company announced on Monday that it will introduce the Teavana brand to more than 6,200 Starbucks stores across Asia Pacific, including China, with the goal of increasing its tea business to $3 billion over the next five years. READ MORE HERE.
- Fast-food giant McDonald's Corp has received final bids from at least three groups for its China and Hong Kong outlets, with global private equity firms Carlyle Group and TPG Capital separately teaming up with Chinese partners for the business worth up to $3 billion, sources told Reuters. READ MORE HERE.
- McDonald’s could face an order to pay nearly $500m in back taxes to Luxembourg, according to a Financial Times analysis of an investigation by Brussels into state-supported tax avoidance. READ MORE HERE.
- The lives of New York’s 65,000 fast food employees may soon be a little less hectic. Crain’s reports that Mayor Bill de Blasio plans to introduce a law that will force fast food restaurants to schedule shifts in advance, Eater reveals in a report. READ MORE HERE.
- According to VentureBeat, Domino’s is now letting hungry Americans order their favorite pie through Facebook Messenger—without conversing with a human. The pizza giant has launched a Facebook Messenger bot that promises “conversational” ordering through the messaging app. READ MORE HERE.
- When visiting a fast-food restaurant, “healthy options” was only the sixth-most important factor for fast-food consumers, according to Technomic’s 2015 Future of Limited Service Restaurants Consumer Trend Report. Customers place a far larger importance on other attributes, including variety, portability and portion sizes, when frequenting fast-food chains, shares Forbes. READ MORE HERE.
- CNBC reveals that Burger King has once again partnered with Cheetos to create a limited-time menu item. This time, Burger King is dusting its famous chicken fries with the orange cheese snack. READ MORE HERE.