GLOBAL WEEKLY NEWS WRAP: Yum China tops earnings estimates; McDonald's trials crab sandwiches; Australia wants KFC Singapore's latest 'Chizza' creation
Here is a summary of the most interesting QSR news stories of the week from around the world.
According to an article by Bloomberg, Yum China topped its earnings estimates in its inaugural quarterly results with the help of its growing KFC chain, despite Pizza Hut performing worse than expected. READ MORE HERE
McDonald's is following its success with garlic fries in the US Bay Area by testing the release of its new crab sandwich, according to the Chicago Tribune. The sandwich features snow crab blended with seasoned mayonnaise and diced celery, served with tomato slices and romaine lettuce atop a toasted sourdough bun that's been brushed with herb butter. READ MORE HERE
Business Insider compiled a list of up and coming healthy fast food chains in America that may pose a threat to industry giants like McDonald's and Burger King. READ MORE HERE
Australia is up in arms about KFC not releasing its new 'Chizza' offering in the country despite its rollout in countries like Singapore, Thailand and the Philippines, News.com reports. Billed as “all chicken, no crust”, the “chizza” is a pizza made of a crumbed, chicken fillet base. READ MORE HERE
According to an article by Business Insider UK, the winners of the 2017 National Fish & Chip Awards were announced at a ceremony in London. The Awards recognise the best fish and chips across the UK from the businesses who enter the competition, rewarding national and regional winners as well as a number of other categories. READ MORE HERE
CNBC reports that while mobile pay is speeding Starbucks customers through the checkout line, a bottleneck is building for the baristas. The crowd of people waiting for their orders at the hand-off counter has caused incoming customers to leave without making a purchase. READ MORE HERE
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