Connect with us

Business

Burger King, Wendy’s are the latest to enter chicken wars

Published

on

Burger King, Wendy’s are the latest to enter chicken wars

Burger King and Wendy’s are clucking about their new chicken sandwiches, joining a fast-food stampede to diversify the burger business.

Wendy’s said it is launching the Jalapeno Popper Chicken Sandwich for $5.99 and an accompanying Jalapeno Popper Chicken salad for $6.79 on Wednesday. Burger King, meanwhile, said it’s planning to introduce a “hand-breaded chicken sandwich” later this year.  

The pointed poultry push comes as some of the largest chains, including McDonald’s, Popeyes, Chick-fil-A and KFC have recently introduced new, chicken-driven menu items or announced plans to do so.

The Golden Arches says it will introduce three chicken sandwiches on Feb. 24, but it will be competing against rivals’ January additions, including a new Grilled Spicy Chicken Deluxe sandwich from Chick-fil-A and an Extra Crispy Chicken sandwich from KFC.

The chicken race kicked off in 2019 when Popeyes new sandwich sold out at many of its stores after just two weeks on the menu. 

Since then chicken has steadily gaining on burgers, which have taken a hit with the introduction of plant-based patties. 

“What if hand-breading were to chicken what flame-grilling is to burgers? That’s been our guiding filter to bring a delicious chicken sandwich to guests in a way only BK can,” Ellie Doty, chief marketing officer, Burger King North America said in a statement. “We’ll take the time to get it right and our guests will definitely taste the difference.”

Wendy’s latest item comes with jalapeno cream cheese, smoked bacon and cheddar and peper jack cheeses. 

“We are listening and bringing exciting flavors and bold ingredients forward to help fans avoid the McStake of settling for the same boring chicken sandwiches from other fast food joints,” said Wendy’s chief marketing officer Carl Loredo.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Alexandra Ford English becomes 1st female board member at Ford

Published

on

Alexandra Ford English becomes 1st female board member at Ford

Henry Ford’s great-great-granddaughter has become the first woman in history to take a seat on the company’s board of directors.

Alexandra Ford English, 33, who has an MBA from Harvard and an undergraduate degree from Stanford, will begin her tenure on the 14-member board immediately, which will also include her cousin, Henry Ford III, the founder’s great-great-grandson, according to a report.

English, the daughter of the company’s executive chairman Bill Ford, joined the 118-year-old company in 2017 and works as director of corporate strategy.

Both Ford and English were elected to the board in March.

Continue Reading

Business

AMC cashes in on Reddit-trading frenzy with $428 million share sale

Published

on

AMC cashes in on Reddit-trading frenzy with $428 million share sale

Cinema operator AMC Entertainment Holdings has raised about $428 million from a share sale, capitalizing on the retail-trading driven surge in its stock earlier this year.

The world’s largest cinema chain operator’s shares have gained more than five-folds in 2021 thanks to interest from amateur traders on Reddit that were piling into heavily shorted stocks such as GameStop and AMC to punish hedge funds that bet against them.

AMC said in a statement Thursday it had sold 43 million shares at an average price of $9.94 apiece in the at-the-market offering, sending its stock nearly 16 percent higher.

The company has raised funds in the past few months to ride out a downturn in its business wrought by pandemic-driven theater closures, delays in the launch of big movies and the growth of video streaming platforms.

It said in January it had raised $917 million since mid-December through equity and debt issues. It raised an additional $304.8 million in the same month through a share sale.

Continue Reading

Business

Amazon Fresh grocery store to replace Fairway in Paramus

Published

on

Amazon Fresh grocery store to replace Fairway in Paramus

The Paramus Fairway’s getting a fresh start.

An Amazon Fresh supermarket is set to replace the shuttered Fairway Market in Paramus, N.J.

The Jeff Bezos-owned e-commerce giant bought the former Fairway location out of bankruptcy auction along with another former Fairway store in Woodland Park for a total of $1.5 million last March, The Post previously reported. 

Amazon’s plans for the two locations were listed as confidential at the time, but came as the Seattle-based company, which also owns Whole Foods, was beginning to expand in the groceries space. 

But Amazon confirmed in November the former Woodland Park Fairway would be converted into an Amazon Fresh. And now, the Paramus location will go the same route, an Amazon spokesperson confirmed to NorthJersey.com. 

It’s not clear when opening day will be, and the company did not return The Post’s request for comment. 

Amazon opened its first Fresh store in Los Angeles’ Woodland Hills neighborhood in September. It’s since opened 11 other locations elsewhere in California and in Illinois, according to the tech giant’s website. 

Amazon Fresh is the company’s attempt to offer a mix of in-store and online grocery shopping while attracting a distinct demographic from Whole Foods by offering lower prices. Fresh stores also tend to feature more national staple brands like Coca-Cola and Kellogg’s than Whole Foods, which emphasizes organic food. 

As The Post previously reported, Amazon may be looking to scoop up some more Fairway locations to expand Amazon Fresh’s footprint in the Northeast. Only seven of Fairway’s 14 stores were sold at last year’s bankruptcy auction, including the two that went to Amazon. Village Supermarket, which operates Shoprite stores, acquired at least four of those locations as well as rights to the Fairway brand. 

Continue Reading

Trending