Canadians with a hankering for Shake Shack’s juicy burgers and hand-spun milkshakes soon won’t have to cross the border to satisfy their cravings. Toronto-based private investment firms Osmington Inc. and Harlo Entertainment Inc. announced plans Wednesday to bring the U.S. fast food giant to Canada. Shake Shack’s Canadian debut will begin with a flagship location…
Shake Shack to Come to Canada in 2024 With First Location Set for Toronto
Largest Shareholder of Wendy’s Exploring Buying Fast Food Chain Amid Rising Costs
Fast-food chain Wendy’s may be up for sale as the restaurant struggles with rising commodity and labor costs. According to a May 24 filing with the U.S. Securities and Exchange Commission, The Wendy’s Company Chairman Nelson Peltz said that his management fund, Trian Partners, wants to explore a possible sale or merger for the restaurant chain. Trian Fund…
McDonalds Australia Accused of Denying Paid Breaks
Australia’s largest employer of young workers has been accused of denying them the paid breaks they were entitled to, with separate legal action launched by two unions. McDonald’s Australia recently marked its 50th anniversary, celebrating 1.5 million jobs it says it’s created during that time. But a number of its workers have accused the company…
Jack In The Box Acquiring Del Taco in $575 Million Deal
Jack in the Box is buying out Del Taco, the country’s second-largest Mexican fast-food chain, in a deal worth $575 million, which includes existing debts, according to a company statement published Monday. “This is a natural combination of two like-minded, challenger brands with outstanding growth opportunities. Together, Jack in the Box and Del Taco will…
Some Fast-Food Items Contain Potentially Harmful Industrial Plastics: Study
October 27, 2021
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Items from popular fast-food chains contain small amounts of certain chemicals in plastics that are believed to disrupt human hormones and possibly cause other serious health problems, a new study suggests. Researchers from George Washington University purchased 64 fast food items from outlets including McDonald’s, Burger King, Pizza Hut, Domino’s, Taco Bell, and Chipotle, and…
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