Weekly Global News Wrap: Burger King parent gobbles Firehouse Subs; Sweetgreen raises US$364m in IPO; Inside Starbucks, Amazon Go’s new concept store

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

Restaurant Brands International announced it bought Firehouse Subs for US$1 billion, now the fourth brand in its portfolio. As reported by CNBC, the newly-acquired chain has roughly 1,200 locations across the U.S. and expects US$1.1 billion in systemwide sales for 2021. Read more here.

Sweetgreen said it raised US$364 million in an initial public offering, priced above a marketed range. As reported by Bloomberg, the company sold 13 million shares Wednesday for US$28 each. Read more here.

Starbucks has partnered with Amazon Go in the U.S. to launch a new concept store in New York City, integrating the retail giant’s cashierless technology. As reported by CNN, the companies plan to open at least two more locations together over the next year. Read more here.

Chipotle has produced a new animated short film game aimed to support the next generation of farmers. As reported by Nation’s Restaurant News, the short film, called “A Future Begins”, is an ode to the small family farmer trying to cope with a changing climate. Read more here.

McDonald’s announced a pair of deals with two of its largest providers, DoorDash and Uber Eats, which will see the chain integrate delivery into its mobile app through the providers’ “white label” services. As reported by Restaurant Business, digital sales have totaled US$13 billion in total sales year-to-date in the company’s six largest markets, accounting for 20% of the company’s business. Read more here.

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The brand previously revealed it will open ten sites this year.
The burger is available until 31 January in Absurd Bird sites.
The company operates 18 restaurants in the UK.
This will be the fifth London site for the Australian chef.
She joined Papa John’s in 2015 as senior director for digital marketing and most recently served as senior vice president for customer experience.
274 million orders were processed in the fourth quarter of last year.
This effectively ends a takeover bid from the Issa brothers' EG Group.
The company will invest over £9.2 million to raise hourly rates amidst sector-wide labour shortages.
Founded in 2017, it already has a presence in ten countries, including the US, UK and Australia.
The move is expected to create 1,000 jobs and 4,000 over the next three years.
Deliveroo, meanwhile, reported a 117% surge in plant-based ordering across the UK since Veganuary 2021.
It also has plans to grow in Edinburgh in the next few years.
Sales in December 2021 ran at approximately 63% of 2019 levels.