Chipotle Mexican Grill Inc
Most people on weight loss drugs are spending less on restaurants and takeout, survey says
A food delivery messenger carries a take out bag outside aSweetgreen in Manhattan on September 14, 2023. Jeenah Moon | The Washington Post | Getty Images A highly popular group of weight loss and diabetes drugs is decreasing some consumers’ appetites — and also how much they spend on food. Most people taking those medications, […]
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California fast-food workers are getting a raise. Other businesses might have to catch up
An employee wearing protective gloves hands an order to a customer through a drive-thru window at a McDonald’s Corp. restaurant in Oakland, California, U.S., on Thursday, April 9, 2020. David Paul Morris | Bloomberg | Getty Images As fast-food chains in California start to pay their workers a higher minimum wage, other business owners across […]
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Right here's who could be subsequent to split their stock after Chipotle
Buyers are viewing for which enterprise could be following just after Chipotle declared Tuesday it will split its inventory 50-shares-for-1 in June. Shares of the cafe chain have been more than 5% greater on Wednesday on the heels of the news. Some stocks that have announced splits in their shares have generally executed perfectly in […]
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S&P 500 futures are flat as traders await Fed level conclusion: Live updates
S&P 500 futures had been flat on Wednesday subsequent a profitable working day for the significant averages, as investors awaited the hottest Federal Reserve plan conclusion. S&P 500 futures inched up less than .1%, while Dow Jones Industrial Common futures ended up down 24 details, or about .1%.Nasdaq 100 futures rose almost .3%. Intel rose […]
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Chipotle's board of administrators approves 50-for-1 stock break up
A Chipotle cafe in New York, US, on Monday, July 3, 2023. Jeenah Moon | Bloomberg | Getty Visuals Chipotle Mexican Grill claimed on Tuesday its board had accredited a 50-for-1 break up of its frequent stock, sending the burrito chain’s shares about 7% higher in extended investing. The California-based mostly enterprise said the stock […]
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McDonald’s and other restaurant chains look to the Sun Belt for growth as population soars
A Portillo’s Beef Bus in Kissimmee, Florida. Source: Portillo’s When Chicago-based Portillo’s enters a new market, it sends its “Beef Bus” ahead of time, slinging its hot dogs and Italian beef sandwiches to new customers for weeks, introducing them to the brand and whetting their appetites before a new restaurant finally opens. Recently, the Beef […]
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Labor coalition accuses Starbucks of 'flawed' union strategy, risking shareholder value
A coalition of unions is laying out its case against Starbucks ahead of a proxy fight at its annual meeting in March, arguing the coffee giant has implemented a “flawed human capital management strategy” in response to a yearslong union movement. The Strategic Organizing Center claims the situation has put the company at reputational risk, […]
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