News in brief
700 delivery hubs in plans at Wendy’s
Wendy’s plans to open 700 delivery kitchens by 2025 to meet growing demand from people who want their fast food delivered to them.
Wendy’s said kitchens would operate primarily in major cities in the United States, Canada and the United Kingdom, where the chain has fewer regular restaurants. The burger chain will open its first 50 delivery kitchens this year.
Wendy’s, based in Dublin, Ohio, works with Reef Technology Inc., a Miami-based company that operates 5,000 delivery kitchens in 30 cities around the world.
In a conference call Wednesday with investors, Todd Penegor, president and CEO of Wendy, said Reef will build the stores and hire workers for the kitchens, each of whom is expected to have sales of $ 500,000 to $ 1 million. per year. Wendy’s will receive royalties of approximately 6% of sales.
Wendy’s said third parties like DoorDash, Uber Eats and Grubhub will deliver the food.
The demand for delivery to restaurants increased when restaurants closed their dining rooms last year. Delivery accounted for 3.3% of restaurant traffic in the United States in the year ending June 2019, according to NPD Group. This figure rose to 8.4% in the year ending in June.
– The Associated Press
Fear of salmonella forces chickens to recall
Serenade Foods, a manufacturer in Indiana, is recalling nearly 60,000 pounds of frozen and raw chicken products this week for possible salmonella contamination after dozens of people in several states fell ill.
The brands of the five Serenade products included in the recall – Dutch Farms Chicken, Milford Valley Chicken and the Aldi Kirkwood store brand – were shipped to distributors nationwide after being produced on February 24 and 25 in Milford, Ind . The products reported by Federal Health Authorities were chicken with broccoli and cheese or cordon bleu chicken and were assigned the facility number “P-2375” in the US Department of Agriculture’s inspection mark.
Twenty-eight people fell ill from the outbreak on Tuesday, according to the CDC, and 11 were hospitalized. No one has died in the outbreak, the CDC said.
– The Washington Post
State index improves to end at 685.26
The Arkansas Index, a price-weighted index that tracks the state’s largest public companies, closed Thursday at 685.26, up 6.71.
“Despite fears of a late market correction, an increase in covid cases and a potential decrease in asset purchases by the Federal Reserve, stocks continue to hit new highs as sectors in the healthcare and information technology have led today’s advance, ”said Leon Lants, CEO of Stephens. Inc.
The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of December 30, 1997.