Weekly Global News Wrap: Costa Coffee boss moves to McDonald’s; Stabucks shutters more stores; KFC’s new chicken nuggets

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

Costa Coffee head Jill McDonald has resigned to assume McDonald's executive vice president and president for the international operated markets team. Read more from City Am.

Starbucks Corporation announced that it is not in a formal sale process for its UK firm. This reaction came after reports said that the coffee chain is looking to sell its UK operations. More from Reuters.

Greggs opened a megastore in Leicester Square, which was swarmed with devotees despite the scorching heat. The heatwave conditions during the launch were expected to reach 40C. More from Metro.UK.

Starbucks CEO has declared that it will shutter more branches, citing unsafe environments. The coffee giant said it is shutting down 16 stores. More from CNN.

KFC rolled out chicken nuggets in its locations in North Carolina. It is aiming to catch the attention of Gen Zs. More from Yahoo Finance.

Follow the links for more news on

Join QSR Media Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


2021: Year In Review
We look back at the highs and lows of the Asian multi-site restaurant industries these past twelve months.
Subway APAC president: regional growth can match U.S. foothold
In his first-ever interview with QSR Media, Eric Foo details the chain’s expansion targets and stressed their ongoing investment in digital engagement.
How EFG is rethinking its brand portfolio to turbocharge post-COVID growth
Managing director Martin Darby elaborates on the company’s omnichannel strategy and reveals key advantages of handling brands from various franchisors.