Restaurants
Chinese bubble tea chain Chagee files for U.S. initial public offering
Pedestrians walk past a CHAGEE store in Shanghai, China on March 14, 2025. CFOTO | Future Publishing | Getty Images Chinese bubble tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to trade on the Nasdaq using the ticker “CHA.” The IPO filing comes as the company prepares to open its […]
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Why it suddenly feels like every fast-food restaurant has fun, flavored drinks
Chick-fil-A pineapple dragonfruit beverages. Courtesy: Chick-fil-A Fast-food chains are going all in on fun beverages to attract younger consumers. Chick-fil-A, known for its straightforward menu of fried chicken and waffle fries, is selling seasonal Pineapple Dragonfruit drinks. Yum Brands’ Taco Bell installed a beverage concept called Live Mas Café inside one of its California locations. […]
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Darden Restaurants sales disappoint, but Olive Garden parent sees consumers continuing to spend
Darden Restaurants on Thursday reported weaker-than-expected sales as Olive Garden and LongHorn Steakhouse underperformed analysts’ projections. The restaurant company blamed weather for the sales slowdown and maintained its full-year forecast, lifting investors’ confidence that the rough quarter was a blip. Darden shares rose 6% in morning trading. Here’s what the company reported compared with what […]
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PepsiCo buys prebiotic soda brand Poppi for more than $1.6 billion
Super Bowl ad of Poppi. Source: Poppi PepsiCo said Monday that it is buying prebiotic soda brand Poppi for more than $1.6 billion. The food and beverage giant said it plans to acquire the upstart for $1.95 billion. The deal includes $300 million of anticipated cash tax benefits, making the net purchase price $1.65 billion. […]
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Goodbye to ‘bags fly free’ on Southwest Airlines, the last freebie in America
Passengers check in for Southwest Airlines flights at Chicago Midway International Airport on Feb. 18, 2025 in Chicago, Illinois. Scott Olson | Getty Images Almost nothing is guaranteed in life. Certainly not weather, electricity, health, tariffs or eggs. But for more than 50 years, American consumers could count on Southwest Airlines letting them check bags […]
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RFK Jr. pressures Big Food to remove artificial dyes in meeting with CEOs
Robert F. Kennedy Jr., U.S. President Donald Trump’s nominee for Secretary of Health and Human Services testifies during his Senate Finance Committee confirmation hearing at the Dirksen Senate Office Building on January 29, 2025 in Washington, DC. Win Mcnamee | Getty Images News | Getty Images Health and Human Services Secretary Robert F. Kennedy Jr. […]
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We’re booking profits in a rallying rotation play and using the cash to buy 2 others on the dip
We are making a handful of more trades Tuesday. Selling 75 shares of GE Healthcare at roughly $86 each; following the trade, Jim Cramer’s Charitable Trust will own 550 shares of GEHC, decreasing its weighting to about 1.43% from about 1.62% We are buying 50 shares of TJX at roughly $116; following the trade, the […]
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Gen Z’s wealth effect will shape the economy over time — here’s who will benefit
With rising incomes and a willingness to spend, Generation Z could have a profound impact on the economy and the market. The cohort’s global income levels are expected to increase from $9 trillion in 2023 to $36 trillion around 2030 and $74 trillion by 2040 — the largest of all generations, Bank of America said […]
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Applebee’s owner Dine Brands to lean on value, marketing to reverse sales declines
Michael Siluk | UCG | Universal Images Group | Getty Images Dine Brands hopes to boost sales this year with a wider swath of value meals and buzzier advertising after a rough 2024 for Applebee’s and IHOP. “We had a soft year in 2024, which disappoints us, but we’re focused on improving that in 2025,” […]
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Starbucks poaches Nordstrom CFO as executive shake-up continues
Cathy Smith in 2019. Mark Lennihan | AP Starbucks announced Tuesday that Nordstrom Chief Financial Officer Cathy Smith will join the company as its new CFO, replacing longtime veteran Rachel Ruggeri. The executive change is the latest for Starbucks after Brian Niccol joined the company as chief executive in September with the goal of turning […]
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