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INTERNATIONAL | Staff Reporter, Singapore
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Weekly Global News Wrap: Impossible Foods CEO says plant-based burgers will be cheaper than meat; Panera accused of ‘bungling' sale; Subway's new hand-spun milkshakes

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

Impossible Foods’ signature plant-based burgers will be cheaper than meat in three years, according to its founder and CEO. Speaking to Grist, Pat Brown says this will be the case as “soon as the company is big enough to capture the efficiencies of mass production.” Read more here.

Investors in Panera Bread Co. claimed company directors bungled the US$7.5 billion sale of the restaurant chain to JAB Holding Co., alleging that the business was “railroaded” because the founder wanted to cash out his stake. Bloomberg reports that disgruntled stockholders said in a filing that directors shouldn’t have let Ron Shaich, who founded Panera in 1981, handle the JAB negotiations in 2017 without the assistance of a special board committee. Read more here.

Subway announced a partnership with Halo Top Creamery to test hand-spun Halo Top milkshakes at nearly 1,000 participating Subway restaurants across the US. From 22 July through September 4, guests can enjoy the brands’ three milkshake flavors in six test markets. Read more here.

Dairy Queen is now selling a Sour Patch Kids Blizzard in the US. Insider reports that the cross-promotion comes days after the candy company announced that pickier fans of the candy could now buy entire bags of just red or blue Sour Patch Kids. Read more here.

Uproxx listed all the National Fried Chicken Day deals offering in the US, including free delivery by KFC via GrubHub. Read more here.

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