Latest news with #JustinYoung
Sunday World
a day ago
- Business
- Sunday World
Wendy's bringing famous square burgers to Ireland as new restaurant set to open
relish the thought | The American fast-food chain has confirmed its first Irish location in almost four decades Wendy's operates more than 6,000 stores in the US. Photo: Creative Commons Wendy's, renowned for its square hamburgers and 'Frosty' desserts, revealed this morning that it will open the restaurant in October, at Mahon Point Shopping Centre on the outskirts of the city. This comes over a year after the initial announcement that the chain – whose 1980s slogan, 'Where's the beef?', has become part of pop culture folklore – would be entering Ireland through a partnership with Corrib Oil. However, the first outlet will not be located at any of Corrib's petrol stations nationwide, but instead at Mahon Point Shopping Centre, which was Ireland's largest when it opened in February 2005. Wendy's has confirmed that it will use 100pc fresh Irish beef and chicken across the menu, which includes a variety of breakfast and children's options, as well as its square burgers. A Wendy's restaurant in the US The opening, which will create 50 jobs in the area, is the first of an expected 10 branches nationwide from the fast-food giant, which operates more than 7,100 restaurants globally, generating $2.24billion (€1.9bn) in revenue last year. 'Ireland is a great market for long-term growth, and we're proud to see our brand come to life here through our partnership with Corrib Oil. Their deep roots in the community and commitment to operational excellence make them an ideal partner to deliver the Wendy's 'globally great, locally even better' experience,' said Michael Clarke, European managing director for Wendy's. Justin Young, centre director of Mahon Point Shopping Centre, said: 'To be part of bringing the very first Wendy's restaurant to Ireland is really special. 'This opening is fantastic news for Cork – not only does it create 50 new local jobs, but it also gives people the chance to enjoy the craveable, high-quality food Wendy's is famous for.' This is not Wendy's first foray into Ireland. In 1981, the chain opened its first store on Grafton Street in Dublin, followed five years later by a store on North Earl Street. At the time, the chain even considered adapting the full Irish breakfast as part of its worldwide menu. In the UK, Wendy's offers a range of menu options at varying prices, generally ranking slightly higher than McDonald's or Burger King. For example, the Wendy's Jr Cheeseburger Deluxe sells for £2.89 (€3.41) in the UK, while comparable items at McDonald's and Burger King cost €1.70 and £1.99 (€2.35) respectively. At €12.85, Wendy's Baconator is nearly double the price of a Double Whopper at Burger King, and a large fries costs €4.12, compared to €3.06 at McDonald's and €4.00 at Burger King. Wendy's also offers an extensive breakfast menu, including savoury croissants, bacon sandwiches and pain au chocolat, alongside a selection of coffees, teas, and its signature flavoured iced 'Frostyccino' coffees. Fans of American cuisine will be delighted by this announcement. And if the chaotic opening of Krispy Kreme in Blanchardstown in 2018 is any indication, expect long queues on opening day if you want to get your hands on a square burger.
Irish Independent
a day ago
- Business
- Irish Independent
Wendy's bringing its famous square burgers to Ireland as it's set to open restaurant in Cork
Wendy's, renowned for its square hamburgers and 'Frosty' desserts, revealed this morning that it will open the restaurant in October, at Mahon Point Shopping Centre on the outskirts of the city. This comes over a year after the initial announcement that the chain – whose 1980s slogan, 'Where's the beef?', has become part of pop culture folklore – would be entering Ireland through a partnership with Corrib Oil. However, the first outlet will not be located at any of Corrib's petrol stations nationwide, but instead at Mahon Point Shopping Centre, which was Ireland's largest when it opened in February 2005. Wendy's has confirmed that it will use 100pc fresh Irish beef and chicken across the menu, which includes a variety of breakfast and children's options, as well as its square burgers. The opening, which will create 50 jobs in the area, is the first of an expected 10 branches nationwide from the fast-food giant, which operates more than 7,100 restaurants globally, generating $2.24billion (€1.9bn) in revenue last year. 'Ireland is a great market for long-term growth, and we're proud to see our brand come to life here through our partnership with Corrib Oil. Their deep roots in the community and commitment to operational excellence make them an ideal partner to deliver the Wendy's 'globally great, locally even better' experience,' said Michael Clarke, European managing director for Wendy's. Justin Young, centre director of Mahon Point Shopping Centre, said: 'To be part of bringing the very first Wendy's restaurant to Ireland is really special. 'This opening is fantastic news for Cork – not only does it create 50 new local jobs, but it also gives people the chance to enjoy the craveable, high-quality food Wendy's is famous for.' This is not Wendy's first foray into Ireland. In 1981, the chain opened its first store on Grafton Street in Dublin, followed five years later by a store on North Earl Street. At the time, the chain even considered adapting the full Irish breakfast as part of its worldwide menu. In the UK, Wendy's offers a range of menu options at varying prices, generally ranking slightly higher than McDonald's or Burger King. For example, the Wendy's Jr Cheeseburger Deluxe sells for £2.89 (€3.41) in the UK, while comparable items at McDonald's and Burger King cost €1.70 and £1.99 (€2.35) respectively. At €12.85, Wendy's Baconator is nearly double the price of a Double Whopper at Burger King, and a large fries costs €4.12, compared to €3.06 at McDonald's and €4.00 at Burger King. Wendy's also offers an extensive breakfast menu, including savoury croissants, bacon sandwiches and pain au chocolat, alongside a selection of coffees, teas, and its signature flavoured iced 'Frostyccino' coffees. Fans of American cuisine will be delighted by this announcement. And if the chaotic opening of Krispy Kreme in Blanchardstown in 2018 is any indication, expect long queues on opening day if you want to get your hands on a square burger.
Irish Independent
19-06-2025
- Business
- Irish Independent
‘Mahon Point 2.0' promises more apartments, office and retail spaces and jobs
Management says the project has been designed with inspiration from the '15-minute city' model, which enables residents to live, work, shop, and socialise within walking or cycling distance. Named Mahon Point 2.0, it will bring 251 new apartments, in a range of household sizes, with access to open space, play areas, and recreational amenities. Justin Young, centre director at Mahon Point Shopping Centre, said: 'For the last 20 years, Mahon Point Shopping Centre has been the heart and meeting place for Mahon's community and the wider region. We are excited to present a demand-led expansion that enhances Mahon for everyone and looks forward to the next 20 years. 'By placing homes, sustainable transport, and civic amenities at the core of this vision, we hope to create a new chapter in Cork's growth that reflects community values as much as economic ambition.' The development, which will create 365 construction jobs, will also include a purpose-built crèche supporting 64 child spaces. It will also feature a new market square and civic plaza to host the Mahon Point Farmers Market, public events and community activities New retail space will feature with 3,000 sqm to be developed along with a new office block offering over 70,000 sq ft of workspace. Transport will be central to the development with the construction of a multi-storey Car Park with 704 spaces, enhanced pedestrian and cycle infrastructure, segregation from vehicle traffic via an underpass, and future-proofed connectivity for light rail (Luas-style) and BusConnects services. Peter O'Meara, director at real estate company Savills Ireland, said: 'Cork is emerging as an international centre of scale, with a projected population growth of 50-60pc by 2040. With strong demand across residential and retail sectors, this development answers the call for high-quality, integrated spaces that serve both current and future generations.' Members of the public are invited to attend a Public Information Event on the proposed Mahon Point 2.0 development, taking place on Tuesday, July 8 from 4pm to 7pm in the Community Room at Mahon Point Shopping Centre. This event will give local residents, businesses and others the opportunity to learn more about the plans, meet the project team, and ask questions in an informal setting.
BreakingNews.ie
19-06-2025
- Business
- BreakingNews.ie
Major expansion proposed for Mahon Point in Cork to create 1,900 jobs
A major expansion proposed for Mahon Point in Co Cork would create 1,900 jobs. The proposal was announced on Thursday with the imminent submission of a planning application for a mixed-use, demand-led development at Mahon Point Shopping Centre. Advertisement The project, named Mahon Point 2.0, will bring 251 new homes, enhanced civic amenities and social spaces, integrated transport infrastructure, and new retail and office offerings to the area, on what was a brownfield site. The project will be delivered on a phased basis and is expected to create 1,560 new permanent jobs (including 581 by office occupier), alongside 365 jobs during construction. At the heart of Mahon Point 2.0 is a vision shaped by the 15-minute city model - enabling residents to live, work, shop, and socialise within walking or cycling distance. The development includes: 251 apartments, thoughtfully designed for a range of household sizes, with access to open space, play areas, and recreational amenities; A purpose-built crèche supporting 64 child spaces; A new market square and civic plaza to host the Mahon Point Farmers Market, public events and community activities; 13,000 sqm new demand-led retail space; A new office block offering over 70,000 sq ft of workspace; Multi-storey car park with 704 spaces. Centre director at Mahon Point Shopping Centre, Justin Young, said, 'For the last 20 years, Mahon Point Shopping Centre has been the heart and meeting place for Mahon's community and the wider region. Advertisement "We are excited to present Mahon Point 2.0, a demand-led expansion that enhances Mahon for everyone and looks forward to the next 20 years. 'By placing homes, sustainable transport, and civic amenities at the core of this vision, we hope to create a new chapter in Cork's growth that reflects community values as much as economic ambition.' Director at Savills Ireland, Peter O'Meara, said: 'Cork is emerging as an international centre of scale, with a projected population growth of 50-60 per cent by 2040. "With strong demand across residential and retail sectors, this development answers the call for high-quality, integrated spaces that serve both current and future generations.'
Yahoo
22-05-2025
- Business
- Yahoo
Volatility Shares Launches First 1x XRP Futures ETF
On Thursday, Volatility Shares launched the XRP ETF (XRPI), which offers investors one-to-one exposure (1x) to the price movement of XRP, the fourth-largest cryptocurrency by market cap. This is the first-ever XRP futures ETF, according to Eric Balchunas, senior Bloomberg ETF analyst: 'Yes there is a 2x XRP already on market (this is first 1x),' he wrote in an X post. Volatility Shares also launched the 2x XRP ETF (XRPT) Thursday. Both ETFs give investors exposure to XRP's price movements without the need to hold the underlying cryptocurrency directly. 'These launches reflect our focus on making digital asset exposure more accessible to traditional investors. When we see over 1.2 million monthly searches for 'XRP price,' it tells us people want in, but many potential investors find the technical barriers to crypto investing challenging,' Justin Young, CEO of Volatility Shares, told in a written statement. 'Our futures-based ETFs address this by eliminating the need for crypto wallets, exchanges and complex tax reporting—essentially making digital asset exposure as straightforward as buying any other security in your portfolio.' He added that although the ETFs don't invest in the crypto assets directly, they are a 'foot-in-the-door' that many investors find more approachable than direct crypto ownership. The net expense ratios for both funds is 0.94%. The launches come as ETF issuers are jostling to debut futures and spot crypto ETFs. Teucrium Trading launched the Teucrium 2x Long Daily XRP ETF (XXRP) in April—the first time a leveraged cryptocurrency product introduced a new crypto subcategory to the ETF market. ProShares is also planning to launch an Ultra XRP ETF seeking 2x leverage, a Short XRP ETF seeking -1x leverage and an UltraShort XRP ETF seeking -2x leverage, according to a recent | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
