Weekly Global News Wrap: Starbucks Corporation reveals new 2030 environmental sustainability targets; Krystal files for bankruptcy; McDonald's new career exploration app
Here is a summary of the most interesting QSR news stories of the week from around the world.
Krystal in the US has filed for bankruptcy, citing issues such as competition, shifting consumer tastes and the rise of online delivery platforms, CNN has reported. The 88-year-old QSR chain was revealed to have debts between US$50 million and US$100 million. Read more here.
Starbucks Corporation announced its new environmental sustainability commitment for its upcoming golden anniversary, highlighting its 2030 targets to reduce by half its carbon footprint emissions and store and manufacturing wastes, as well as conserve 50% of its water usage. Moreover, it has released its comprehensive environmental footprint of carbon emissions in partnership with Quantis and World Wildlife Fund. Read more here.
A Wendy’s franchisee in the US was slapped with a US$157,000 penalty over child labor violation, Fox Business reported. It was discovered that hundreds of minors working at Wendy’s and Fazoli’s restaurants operated by Manna Inc. were working outside of legally-approved working hours. Read more here.
Grubhub in the US introduced its digital workflow software solution Ultimate technology, which integrates all restaurant ordering channels into one system. This features an integrated kiosks and a digital queue and a lightweight point of sale connected to the delivery firm’s website and app. Read more here.
McDonald’s in the US has launched a new career exploration app to aid its employees nationwide in finding careers matched with their skills and interests. The Archways to Careers app is made in partnership with the Council for Adult and Experiential Learning and coaching organisation InsideTrack. Read more here.
Taco Bell US is slated to launch its limited-time Buffalo Chicken fries on 30 January in participating stores, Fox Business reports. The new Nacho Fries item is topped with shredded cheese and chicken, pico de gallo, sour cream and drizzled with the chain’s branded buffalo sauce. Read more here.
Burger King in the US is cutting down the price of its Impossible Whopper (sold at US$5.59) as sales dropped, according to Fox Business. The report noted that the chain’s largest US franchisee, Carrols Restaurant Group, has only sold about 28 plant-based burgers a day across their stores. Read more here.
