Weekly Global News Wrap Up: Fast food leaves fast casual in the dust; Deliveroo embarks on $275m expansion; How Chick-fil-A fuels franchisees

Here is a summary of the most interesting QSR news stories of the week from around the world.

In other words, fast-food giants such as McDonald's, KFC, and Taco Bell have figured out how to offer the best of both worlds, drawing from fast-casuals' upscale aesthetics while undercutting their competitors' prices, shares Business Insider. READ MORE HERE.
Deliveroo, a London-based maker of an app for ordering take out, announced Friday it has raised $275 million to fuel growth and take on well-funded competitors, according to Bloomberg. READ MORE HERE.
Chick-fil-A gives its franchisees a huge perk if they meet sales goals: a new car. Franchisees who meet the goals get to select any Ford model to drive for free for one year, according to Business Insider. READ MORE HERE.
Bloomberg reveals that Restaurant Brands International Inc., the owner of Burger King and Tim Hortons, reported second-quarter sales for both chains that trailed analysts’ estimates, lending credence to speculation that the fast-food industry is entering a slump. READ MORE HERE.
It’s beginning to feel a lot like Christmas at Starbucks, according to a report by Fortune. The coffee chain’s Starbucks For Life promotion has been offered during the holiday season for the past two years, and this year it has decided to do a summer edition, bringing it back four months earlier than expected. READ MORE HERE.
Domino's, for example, is the only chain in the Bloomberg Intelligence restaurant index, of those that have reported so far, to say sales growth accelerated in the second quarter, according to a report by Bloomberg. READ MORE HERE.

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