Weekly Global News Wrap: CEOs speak out to support U.S. protests against racial injustice; U.S. restaurant transactions slowly recovering; DoorDash offers AR restaurant experience to Snapchat users
Here is a summary of the most interesting QSR news stories of the week from around the world.
Fast food CEOs have spoken out against racial injustice and police brutality in the United States. Business Insider compiled statements from Chick-fil-A, McDonald's, and Taco Bell, who have released statements in recent days supporting protests. Read more here.
The U.S. restaurant industry is showing signs of recovery as states across the country reopen their economies. Citing data from The NPD Group, CNBC reported that transactions for 70 quick-service, fast-casual and full-service restaurant chains declined just 18% during the week ended May 24. Read more here.
The U.S. restaurant industry also brought back 1.37 million workers in May. As reported by Restaurant Business, federal stimulus dollars and unexpected sales gains helped the industry bring back laid off workers. Read more here.
Sales of Dunkin’ Brands’ chains are improving in the U.S. As reported by Nation’s Restaurant News, the company said Dunkin’ sales improved for the first three weeks in May. For the week ended May 23, same-store sales were down by 15% compared to the same week last year. Baskin-Robbins, meanwhile, indicated that sales have returned to 2019 levels. Read more here.
DoorDash is sponsoring a set of augmented reality (AR) lenses that lets Snapchat users immerse in virtual versions of restaurant chains. As reported by Mobile Marketer, Baskin Robbins, Buffalo Wild Wings, Cheesecake Factory, Chili's and Outback Steakhouse are some brands featured in the AR experiences. Read more here.
Photo credit: DoorDash
