Weekly Global News Wrap Up: McDonald's business model faces hard times; Domino's secrets to skyrocketing sales; Chipotle misses analysts' sales forecast by 3%

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

• McDonald's business model is under threat, Business Insider reveals in a report. Chains like McDonald's, Burger King, and Wendy's have long relied on cheap labor to keep menu prices low while still driving a healthy profit. But the days of cheap labor could soon be over, turning the entire business model on its head, according to Deutsche Bank analyst Brett Levy. READ MORE HERE.
   
• Business Insider reveals four secrets that’s put Domino's on track to have the best sales this quarter of any major restaurant chain in the US, after an incredible second quarter. READ MORE HERE.
   
• Chipotle Mexican Grill Inc. posted second-quarter profit and sales that missed analysts’ estimates, a sign the burrito chain is still reeling from a food-safety crisis that drove away customers and tarnished its reputation. READ MORE HERE.
   
• According to the Financial Times, restaurants from Starbucks to KFC are struggling with America’s waning appetite for eating out. READ MORE HERE.
   
• CNBC reports that all-day breakfast isn't the only popular menu item at McDonald's. The Golden Arches, which amped up its french fries in four locations in San Francisco in late April, will now offer "Gilroy Garlic Fries" at 240 McDonald's restaurants in California. READ MORE HERE.
   
• Last fall, the parent of KFC, Pizza Hut, and Taco Bell announced plans to spin off its China business after a series of food safety scandals had dampened results in the company's biggest market. Oddly, a rebound in the China division has been a major reason for the stock's growth this year, recovering after a double-digit drop in comparable sales in 2015, according to the Motley Fool. READ MORE HERE.
   
• Papa John's has completed a major transition toward building a cleaner menu. As of July 1, the pizza chain has completed its transition to poultry raised without antibiotics and fed a vegetarian diet for grilled-chicken pizza toppings and chicken poppers, the company told Business Insider. READ MORE HERE.
   
• According to Bloomberg, McDonald’s Japanese business said it’s working with the developers of Pokemon Go as they bring the hit Nintendo Co. game to the country. The unit’s shares rose as much as 10 percent Thursday. READ MORE HERE.