Weekly Global News Wrap: Yum Brands' CEO to retire; Domino's embraces delivery via e-bike, McDonald's dons new look for McCafé
Here is a summary of the most interesting QSR news stories of the week from around the world.
Taco Bell’s parent company Yum Brands has appointed current COO David Gibbs as CEO, effective Jan. 1, 2020. As reported by CNBC, he will replace Greg Creed, who is retiring after being with Yum for 25 years. Read more here.
Domino’s in the US is planning to launch an e-bike delivery program nationwide this year. As CNBC has reported, the pizza company said electric bikes improved their delivery and increased its hiring pool in market tests. Read more here.
McDonald’s in the US has a new look for its McCafé, the fast food giant said in an announcement. The new brand identity includes an updated logo, new golden cups and a new brand tagline: “Good is Brewing.” Read more here.
A departure from its simplicity, Chick-fil-A has added a new item to its permanent menu. As reported by USA Today, the chain’s new Mac ‘n Cheese is their first addition to the menu since 2016. Read more here.
The chief executive of Red Lobster has expressed confidence in remaining a private company. In an interview with Cheddar, Kim Lopdrup said the brand is experiencing rapid growth in delivery, positive same-store sales, and is exploring a range of new concepts to modernize. Read more here.