Weekly Global News Wrap Up: Wendy's stock sees decade-high jump; Ippudo Ramen looks toward global expansion; McDonald's invests in upgrades to win back customers
Here is a summary of the most interesting QSR news stories of the week from around the world.
- According to a report by the Financial Times, Wendy's shares rose after the US fast food company bucked tough industry conditions to report better than expected first-quarter earnings. READ MORE HERE
- McDonald's began its nationwide rollout of its Signature Crafted Recipes sandwiches to compete with other premium burger chains. The new sandwiches cost between $5 and $7, on par with the prices at other chains in the better-burger category, according to CNBC. READ MORE HERE
- Bloomberg reported that the operator of ramen chain Ippudo is looking outside Japan for international growth, planning locations in places like New York and San Francisco. READ MORE HERE
- McDonald's is investing cash to help franchisees fund costly restaurant upgrades in an unprecedented move to win back lost customers, according to Business Insider. READ MORE HERE
- Fox News looks inside the development of Shake Shack's new cookbook. READ MORE HERE
- The German city of Hamburg became the first in the world to ban single-use coffee pods from all government-run buildings, according to a report by Digital Journal. READ MORE HERE