Weekly Global News Wrap: Fast food giants worried over Russia-Ukraine conflict; Another Starbucks cafe unionizes; Denny’s taps TikTok creators to promote new menu

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

The parent companies of Burger King and KFC are bracing for a sales hit as the Russia-Ukraine conflict unfurls. Commentaries published alongside the fast food giants’ annual reports said that instability in the area could lead to restaurant closures and loss of sales. Read more from Business Insider.

Krispy Kreme reported its first quarterly profit since its initial public offering in July. Net sales rose 13.8% to US$371 million, whilst organic revenue climbed 13.9% compared with the year-ago period and 15.9% on a two-year basis. Read more from CNBC.

Papa John’s said same-store sales were up 11.1% in North America in Q4, on top of an accelerated development pace. Digital sales saw double-digit growth for the second consecutive year in a row, with 90 to 95% of orders coming through digital channels. Read more from Nation’s Restaurant News.

Workers at a Starbucks location in the U.S. state of Arizona voted in favor of forming a union, now the third company-owned location to vote in support of unionizing and the first outside of the Buffalo, New York area. Read more from Restaurant Dive.

Denny’s is using the reach of TikTok creators to produce a dozen menu items in the United States. The chain’s first Social Stars Influenced Menu is the first phase of their new “Open for Anything” brand campaign. Read more from Nation’s Restaurant News.

Also Read

Bread Ahead expands to the Philippines with SFRI partnership

Weekly Global Wrap: Applebee's and IHOP launches co-branded restaurant; LOTTERIA's unmanned restaurant goes viral; Shake Shack Philippines Christmas burger

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!

I want to download the media kit