Here is a summary of the most interesting QSR news stories of the week from around the world.
Asian fast casual restaurant chainP.F. Chang’shas entered an agreement to be sold to TriArtisan Capital Partners LLC and Paulson & Co. Inc., Bloomberg reports. The deal is expected to close in the first quarter of 2019. Read morehere.
Starbuckshas shelved its plans to roll out 1,000 Reserve stores, according to the Wall Street Journal. "One thousand was an aspiration,” the coffee giant's CEO Kevin Johnson was quoted as saying. Read morehere.
Recently-rebrandedDunkin’continued their menu makeover by offering a new range of breakfast items. Read morehere.
Taco Bellhas announced that they will test their first dedicated vegetarian menu sometime this year in a bid to provide meatless options for vegetarians and flexitarians. Read more of their 2019 commitmentshere.
Pizza Hutis expanding their beer delivery service to almost 300 restaurants in the United States. The pizza chain says they are looking expand the beer-delivering service to up to 1,000 restaurants by summer. Read morehere.
KFCis promoting their US$3 Famous Bowls by offering bowl cuts in a pop-up event. Read morehere.
Some restaurant chains started the new year with new CEOs.Quiznosnamed Tim Casey as their chief executive whilstWetzels Pretzelspromoted their president Jennifer Schuler to the said role.
Photo credit: P.F. Chang's Facebook page