Weekly Global Wrap: US coffee chains’ sales up 10%; Wagamama’s owner registers profit increase amidst high demand; Burger King invests $400m for advertising plans; Chipotle stops TikTok hack offering cheaper option
Here is a summary of the most interesting QSR news stories of the week globally.
Wagamama’s owner, Restaurant Group, posted an increase in first-half profit as more Brits search outside for a bite to eat amidst the heatwave. More from Reuters.
Nottingham indie coffee chain, 200 Degrees, designated Charlotte Coore as its new head of people to support the expansion. More from Business Desk.
Burger King will spend $400m for modern adjustments in its advertising for two years. Read more from the New York Post.
Chipotle is ending a viral TikTok Menu Hack that is intended to save more costs for consumers. The hack teaches customers to assemble a burrito at the chain for about $3. More from Thrillist.
Burger King is experimenting on Everything Menu which includes three items where buns are filled with everything seasoning. More from Guilty Eats.
Beverages at Starbucks Philippines will raise prices by P5 amidst supply shortage of sugar. More from ABS-CBN.
Starbucks CEO Howard Schultz is seeing a growth in its earnings as part of their new strategy. More from CNBC.
Popular coffee chains in the US recorded a 10% increase in their sales such as Dunkin’ and Starbucks. More from Reuters.
No more Wagamama dark kitchen expansion as delivery sales decline. More from Foodservice Equipment.
Burger group, Hub Box, to enter Dorset debut soon. More from Big Hospitality UK.