Weekly Global News Wrap: Costa Coffee boss moves to McDonald’s; Stabucks shutters more stores; KFC’s new chicken nuggets

Here is a summary of the most interesting QSR news stories of the week globally.

Costa Coffee head Jill McDonald has resigned to assume McDonald's executive vice president and president for the international operated markets team. Read more from City Am.

Starbucks Corporation announced that it is not in a formal sale process for its UK firm. This reaction came after reports said that the coffee chain is looking to sell its UK operations. More from Reuters.

Greggs opened a megastore in Leicester Square, which was swarmed with devotees despite the scorching heat. The heatwave conditions during the launch were expected to reach 40C. More from Metro.UK.

Starbucks CEO has declared that it will shutter more branches, citing unsafe environments. The coffee giant said it is shutting down 16 stores. More from CNN.

KFC rolled out chicken nuggets in its locations in North Carolina. It is aiming to catch the attention of Gen Zs. More from Yahoo Finance.

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