Restaurants
Starbucks shares slide after coffee chain says sales fell again, suspends outlook
Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022. Carlo Allegri | Reuters Starbucks on Tuesday posted preliminary quarterly results, which showed its sales fell again as the coffee chain tries to execute a turnaround. “Our fourth quarter performance makes it clear that we need to fundamentally change our […]
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‘Swicy’ items take over restaurant menus as Gen Z seeks heat
A general view of atmosphere during ‘Sonic Desert’ presented by Coca-Cola Spiced and Topo Chico in partnership with BPM Music on April 13, 2024 in Thermal, California. Randy Shropshire | Getty Images The hottest food and drink trend this year isn’t just spicy — it’s also sweet. “Swicy,” a portmanteau of sweet and spicy, has […]
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McDonald’s tells U.S. restaurants it’s not a ‘political brand’ after Trump visit
Republican presidential nominee and former U.S. President Donald Trump works behind the counter during a visit to McDonalds in Feasterville-Trevose, Pennsylvania, U.S. October 20, 2024. Doug Mills | Via Reuters Though President Donald Trump visited a Pennsylvania McDonald’s location on Sunday, the fast-food giant is trying to stay neutral in the presidential race. “As we’ve […]
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Chick-fil-A is releasing its own entertainment app, with family-friendly shows and podcasts
A sign hangs outside of a Chick-fil-A restaurant on May 06, 2021 in Chicago, Illinois. Scott Olson | Getty Images Chicken sandwiches, waffle fries, milkshakes – and now TV shows and podcasts? Chick-fil-A plans to launch a new app on Nov. 18, with a slate of original animated shows, scripted podcasts, games, recipes and e-books […]
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Trump works McDonald’s drive-thru, Harris campaign scoffs at stunt
The McDonald’s logo is displayed at a McDonald’s restaurant in Burbank, California, on July 22, 2024. Mario Tama | Getty Images Within minutes of former President Donald Trump’s brief appearance at a McDonald’s, where he served up French fries to drive-thru customers in Feasterville, Pennsylvania, the Republican nominee took to searing his election opponent, Vice […]
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Starbucks taps former Chipotle executive as global chief brand officer
Tressie Lieberman, the incoming global chief brand officer at Starbucks. Courtesy: Starbucks Starbucks has tapped Chipotle alum Tressie Lieberman as its global chief brand officer, a newly created position and the latest executive change under Brian Niccol after he left Chipotle and took over as CEO of the coffee chain last month. In Niccol’s first […]
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Minimum wage is on the ballot in 5 states this November. Here’s how the votes could go
A Feb. 18 rally celebrating the California Labor Commissioner’s order for a McDonald’s franchise to rehire and compensate workers who went on strike for coronavirus protections was held on Feb. 18, 2021. Lucy Nicholson | Reuters This November, voters in at least three states will decide whether or not to raise their state-level minimum wages. […]
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Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
Boxes of Bounce dryer sheets owned by the Procter & Gamble company are seen on a store shelf on October 20, 2020 in Miami, Florida. Joe Raedle | Getty Images Procter & Gamble on Friday reported weaker-than-expected revenue as lower demand in China again weighed on its sales. Shares of the company were flat in […]
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Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more
Key Points For airlines, banks, electric vehicle makers, health-care companies, media firms, restaurants and tech giants, the presidential election’s outcome could result in stark differences in the rules they’ll face, the mergers they’ll be allowed to pursue, and the taxes they’ll pay. As president, Donald Trump slashed the corporate tax rate, imposed tariffs on Chinese […]
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PepsiCo trims revenue outlook as North American snacking, key international markets lag
A truck with Pepsi logo on a semitrailer is seen at Interstate 95 highway in Maryland, United States, on October 21, 2022. Beata Zawrzel | Nurphoto | Getty Images PepsiCo on Tuesday lowered its full-year outlook for organic revenue after its second straight quarter of weaker-than-expected sales. The repercussions of the Quaker Foods North America […]
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