Latest news with #Wendy's
Time of India
7 hours ago
- Business
- Time of India
‘If GDP were measured in soul, India wins': UK entrepreneur behind Wendy's in India pens emotional farewell after 12 years
After 12 transformative years in India, British entrepreneur Jasper Reid , CEO of IMM, is heading back to England, but not without a heartwarming goodbye that's capturing attention online. In a deeply personal and reflective LinkedIn post, Reid, who introduced brands like Wendy's, PizzaExpress, and Jamie's to Indian diners, shared his love for India, the lessons he learned here, and a single powerful message: 'If GDP were measured in soul, India wins.' Reid's journey began as a three-year business stint but grew into a 12-year immersion into the Indian way of life. From navigating the complexities of the Indian market 'brick by brick' to adapting to its vibrant chaos, he reflected on how India shaped not just his career but his worldview. 'India dances to its own tune,' he wrote, adding that understanding its rhythm takes time, patience, and humility. What stood out most during his time here? For Reid, it was the values he found alive and thriving in India: patience, resilience, hard work, and hospitality—values he believes are slowly fading in many other parts of the world. He also noted the stark contrasts within the country: a dual reality of 'India 1', which mirrors mature economies, and 'India 2', which still struggles like much of sub-Saharan Africa. His farewell message, however, was not a critique but a tribute. With deep familial ties to India going back generations, Reid described his family's longstanding connection with the country—his grandfather helped build Dum Dum Airport, and his father ran national operations for Help Age India. 'Our girls are the fourth generation of our family to live and work in India since 1950,' he noted. Reid and his team were not just about business. During the pandemic, they fed over a million people and helped thousands of migrant workers return home. He credits their success to one simple belief: 'We loved our people, and our people loved our customers.' In a parting thought aimed at Indian business leaders, Reid urged them to empower their people. 'Set your people free. It's the best thing you will ever do,' he wrote. Now moving to England as his daughters prepare for university, Reid says he isn't truly leaving India. 'We have two parental homes and are not really leaving India but moving to the other side of a great, glorious, magic circle.'
Yahoo
2 days ago
- Business
- Yahoo
Work underway on THREE big-name chains at Basildon's Festival Leisure Park
AN AMERICAN fast food chain famous for its 'legendary' wings has announced it is opening at Festival Leisure Park as work begins on site. Wingstop, which sells chicken wings across the world, will open in July in the former Frankie and Benny's and workers are already carrying out a renovation. It comes as work progresses rapidly to build new Costa and Wendy's drive-thru restaurants on the car park. Both coffee giant Costa and American burger chain Wendy's are due to open in Autumn, while Wingstop will open 'at the end of July'. Upgrades - Construction well underway on the Wendy's and Costa drive-thrus on the same site. (Image: Oliver Partridge) The three big name chains will join Cineworld, Hollywood Bowl, Slim Chicken, Nandos and more at the popular leisure park. Known for their signature chicken wings, the Wingstop plan is already generating a buzz among residents. Jake Critoph, a resident who was at the leisure park yesterday, said: 'I'm buzzing for this to open, there's only a few in like Lakeside, Chelmsford and I think Southend, so a closer one is great news.' Couple Alfie and Leah Turner also praised the latest addition to Festival Leisure. Alfie said: 'Wingstop sounds banging, we can't wait.' Change - The iconic Wingstop iconography slowly replacing the former Frankie & Bennies. (Image: Oliver Partridge) Lilian Eldridge and her daughter Daisy are frequent visitors to the cinema and looking forward to more food options. Lillian said: 'We come here a fair bit for the cinema, so more food options will be cool - but I don't think we've ever tried Wingstop.' With Wingstop joining other popular chicken restaurants like Slim Chicken and Nando's on the site, both Wingstop themselves and the Festival Leisure Park are promising to deliver a unique experience to visitors. Malachy O'Keeffe, head of marketing at Wingstop, said: 'We're bringing bold, unforgettable flavours to Festival Leisure Park this July, from our crave-worthy wings to our range of milkshakes, our menu is built for those who don't settle for ordinary. 'Get ready, flavour is on its way.' Matthew Chambers, centre manager at Festival Leisure Park, added: 'We're thrilled to announce Wingstop's upcoming arrival to Festival Leisure Park, it's set to be a must-visit on your trip to us this summer.'
Yahoo
2 days ago
- Business
- Yahoo
New Mexico report reveals far higher homelessness numbers than federal count
May 29—Before calling the sidewalks of Albuquerque home, Trina Hunter was a manager at Wendy's while volunteering at St. Martin's Hospitality Center on the side and raising a teenager. Four years after escaping domestic abuse, Hunter said she has felt the effects of homelessness in various ways — mental illness, slipping hygiene and constant relocating. But the 40-year-old said she wakes up every day with hopes of something better on the horizon. "I survived, and I'll keep surviving," she said, sitting on the sidewalk surrounded by everything she owns — all stuffed into two suitcases. "We've got to swallow it, choke it down, and keep going. Some of us do so much to make our way back home, but for some of us, it's too late." It's no secret that thousands of New Mexicans experience homelessness every year. But a recently released state Department of Health report found that number could be at least as high as 30,000 people homeless from 2019 to 2023, a number 2-to-4 times higher than other counts. The NMDOH study relied on hospital visitation records with indicators of homelessness instead of traditional point-in-time methods. "We're able to capture a lot more in this system," said NMDOH epidemiologist and one of the study's researchers, Hayley Peterson. "And so I definitely think it's a good, reliable way that we've done it here, but I definitely don't want to discount the good work that (the New Mexico) Coalition to End Homelessness has done." Research by Peterson and NMDOH epidemiologist Dylan Pell reviewed data from the New Mexico Syndromic Surveillance Program (NM-SSP), which collects visitation records from most nonfederal hospitals across the state from 2019 to 2023. They found that 30,882 unique patients, an average of about 9,100 per year, had at least one hospital record indicating homelessness across the state. Their method relied on records from medical facilities with diagnosis codes for homelessness, inadequate housing, or housing instability — or if the patient's listed address contained the word "homeless" or some other indicator. They also looked through patient records, for terms such as "homeless," "unhoused," "unsheltered" and "transient." Bernalillo County had the highest number of people experiencing homelessness, according to the NMDOH research. The report stated that 18,611, or about 60% of the total, were in the state's most populous county. That was followed by Santa Fe County, at 2,052 (7%), Doña Ana County, at 1,792 (6%), and San Juan County, at 1,479 (5%). Many governments, including the city of Albuquerque, rely on the yearly point-in-time, or PIT, count to assess the number of people experiencing homelessness. The count occurs yearly on Jan. 29 and has dozens of volunteers counting the number of people staying on the streets and those in shelters. For Peterson and Pell, the goal of their research was to supplement the work of PIT Count volunteers, not replace it. "I would say it's also a reliable measure of homelessness as it exists in health care systems in New Mexico, primarily emergency rooms," Pell said. "But we're not counting people who don't go to the emergency room. We're not counting people who aren't patients in these health systems." That work falls on the New Mexico Coalition to End Homelessness, which states in its yearly reports that the PIT count likely undercounts the population of unhoused New Mexicans. "There are limitations to the PIT Count — inherent to the definitions and regulations that the U.S. Housing and Urban Development requires counts to adhere to — that inevitably result in an undercount of the true size of the population of people experiencing homelessness," the New Mexico Coalition to End Homelessness 2024 report stated. Mark Oldknow, the associate director of the New Mexico Coalition to End Homelessness, said it takes a small army to complete the yearly count. But that data serves a different purpose. "We all know that even using different methodologies and different sampling structures, we're never getting to anything other than a number that suggests that this is the floor, not the ceiling," Oldknow said. But there's no feeling of competition between the two methods, Oldknow said, since the mission to understand the true scope of the problem is shared. "I'd like people to understand that this is a daunting problem. It's a social problem that affects us all, whether or not we pay attention," Oldknow said. For Peterson, some of the more striking findings included higher-than-expected populations of people experiencing homelessness under 5 years old and over 65. Their research also concluded that people experiencing homelessness require more frequent medical care. On average, the report found that unhoused residents visited the hospital 5.9 times over the five-year study period. "A person with poor health might be unable to work or more likely to lose their job leading to financial instability and unstable housing, and a person without stable, clean, and safe housing will be more likely to experience negative health outcomes," the report read. The report also noted disparities in gender and racial data. Over two-thirds of the patients were male, about 39% were Hispanic, another 39% were white, 5% were American Indian or Alaska Native, 6% were Black, and less than 1% were Asian or Pacific Islander. None of what the study examined came as a surprise to Rachel Biggs, the chief strategy officer of Albuquerque Health Care for the Homeless. For Biggs, whose work includes advocacy and oversight of the health care system mandated to serve those without housing, the report can have a significant impact. "We can point to some data points that show real numbers here in New Mexico, from hospital data to show the extent of the problem, to show the disparities across race and ethnicity, to show that the solutions need to be focused on housing," Biggs said.
Forbes
2 days ago
- Business
- Forbes
Ex-Dividend Reminder: Nike, Carter's And Wendy's
On 6/2/25, Nike, Carter's, and Wendy's will all trade ex-dividend for their respective upcoming dividends. Nike will pay its quarterly dividend of $0.40 on 7/1/25, Carter's will pay its quarterly dividend of $0.25 on 6/20/25, and Wendy's will pay its quarterly dividend of $0.14 on 6/16/25. 10 Stocks Where Yields Got More Juicy » As a percentage of NKE's recent stock price of $61.78, this dividend works out to approximately 0.65%, so look for shares of Nike to trade 0.65% lower — all else being equal — when NKE shares open for trading on 6/2/25. Similarly, investors should look for CRI to open 0.75% lower in price and for WEN to open 1.25% lower, all else being equal. Below are dividend history charts for NKE, CRI, and WEN, showing historical dividends prior to the most recent ones declared. Nike: NKE Carter's: CRI Wendy's: WEN In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.59% for Nike, 2.99% for Carter's , and 5.01% for Wendy's. Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter In Thursday trading, Nike shares are currently off about 1.7%, Carter's shares are up about 3.3%, and Wendy's shares are off about 0.3% on the day.
Yahoo
3 days ago
- Business
- Yahoo
Month set for opening of major American burger chain in Southampton
The opening month for a new restaurant in Southampton has been confirmed as a major American burger chain will open its doors in the city. Wendy's will replace an old clothing shop on Above Bar Street, and a banner placed in the window of the new eatery confirmed hungry residents will not have to wait long to get their hands on famous square burgers. The big red advertisement next door to Specsavers says that the restaurant will be opening in July 2025. This follows news that planning officers gave a further green light to an application to replace fixtures and fittings with fryers at the former John Anthony store in the vacant 17 Above Bar Street. READ MORE: The plans looked to "strip out" the shop and gut an "existing retail shop to fit out" a new "quick reserve restaurant". Construction work was allowed to start after this was approved in at the end of April. As reported by the Echo, Wendy's previously had plans approved to replace the John Anthony white shopfront with a dark grey metal framed entrance way, with red beams and double-glazed automatic doors. The former John Anthony building, where Wendy's will take over. (Image: Google Maps) An electronic sign will also be placed in the window of the shopfront between Specsavers and Boots, though this must not be in operation between 11pm and 6am. Chinese restaurant Shanghai Bay - positioned on the first floor of the same building - will be unaffected by the burger shop's arrival, the plans said. READ MORE: Major American fast food chain to open first Southampton restaurant The restaurant chain - which has been serving 'quality burgers' since 1969 - currently only has one eatery in Hampshire, located in Portsmouth. Wendy's is known for serving square burgers that hang over the bun and for its 'Frosty,' which is a frozen dairy dessert similar to a milkshake mixed with whippy ice cream. The chain returned to the UK in June 2021 by opening a store in Reading, citing that there was "a gap in the category" of fresh-made, affordably priced burgers. Wendy's also serves breakfast burgers, such as the 704-calorie "Breakfast Baconator" - a sausage and egg muffin with double cheese, double bacon and "signature" cheese sauce.
