, Singapore
3 views

Weekly Global News Wrap: Fatburger's parent buying Johnny Rockets for US$25m; McDonald's ex-CEO fires back at chain's lawsuit; Chipotle sees another 10,000 workers

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

Chipotle is looking to hire another 10,000 U.S. workers in the coming months amidst an economy impacted by the coronavirus pandemic, Reuters has learned. The fast-casual brand has already added about 8,000 of the 10,000 employees it targeted when it launched its last major hiring spree in May. Read more here.

FAT Brands Inc, the owner of the Fatburger restaurant chain, is buying 1950s diner-style chain Johnny Rockets from private equity firm Sun Capital Partners Inc for about US$25 million. As reported by CNN, the deal is expected to close in September. Read more here.

McDonald’s former chief executive officer Steve Easterbrook fired back at his former company for suing to retrieve tens of millions of dollars in compensation, denying company claims he covered up sexual relationships with subordinates. As Bloomberg reported, the fast foot giant’s officials claimed they found new information that showed the former top executive “concealed evidence and lied about his wrongdoing.” Read more here.

The CEO of Chili’s Grill & Bar parent Brinker International said its virtual brand It’s Just Wings can grow into a US$150-million-a-year business in its first year. As reported by Nation’s Restaurant News, the new delivery-only business is posting $3 million in average weekly sales since debuting the last week of June. Read more here.

A Colombian fast food chain is planning to turn its branches into automated restaurants. As reported by the Associated Press, MUY has more than 30 restaurants in Bogota, and four in Mexico City. Read more here.

Photo credit: Johnny Rockets Facebook

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!

Get QSRMedia Asia in your inbox
The new video included snippets of real-life fathers who shifted to new endeavors in an effort to sustain their families during the pandemic.
The country’s long history of delivery services goes to new heights.
Love, Afare aims to recreate restaurant experiences through their range of sauces and condiments.
The chain will utilise one of Green Rebel Foods’ latest products.
The launch sparked frenzied excitement and fears of a coronavirus contagion.
The bakery chain’s owner SPC Group looks to further expand in Southeast Asia.
The acquisition is expected to close in the first half of FY 2022.
This marks the company's first market expansion in the region.
It plans to define a target and roadmap to reduce GHG emissions along its value chain within 24 months.
The group looks to have a bigger presence in the city’s heartlands.
The initiative was jointly developed with Asian Detours, ComfortDelGro Driving Centre and Ngee Ann Polytechnic.
The company is also considering acquisitions, joint ventures and other partnerships as it expands regionally.