Weekly Global News Wrap: Panera calls off SPAC deal; McDonald’s virtual camp; Taco Bell experiments with snack foods again

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

Panera Bread and Danny Meyer’s special purpose acquisition company (SPAC) have called off a deal to take the chain public again, citing market conditions. Panera went private in 2017 after JAB Holding bought the company for US$7.5 billion. Read more from CNBC.

McDonald’s U.S. business will debut a month-long virtual camp, which will offer the brand’s smartphone app users food deals, menu hacks, merchandise and exclusive concerts. Read more from Nation’s Restaurant News.

Sweetgreen said its app and website got an upgrade, offering customers rewards for meeting challenges the company sets, part of the company’s strategy to create a loyalty program that focuses on personal preferences and values. Read more from Restaurant Dive.

The CEO of Grubhub said company parent Just Eat Takeaway.com hopes to find a strategic partner to invest in the U.S. online ordering company, but added an outright sale is not off the table. Read more from the Wall Street Journal.

Taco Bell in the U.S. is testing two new menu items featuring Kellogg’s Cheez-Its, continuing its string of brand mash-ups. Read more from CNN.

Follow the link s for more news on

Campaigns

Partnerships

Also Read

Weekly Global Wrap: Wendy's to shutter 140 restaurants; TGI Fridays files for bankruptcy; Baskin-Robbins new brie-flavoured ice cream

Weekly Global Wrap: Yum! Brands pulls onions from restaurants amidst E. Coli outbreak; Nando's launches new growth strategy; Denny's shutters 150 restaurants

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit