Restaurants
Buffalo Wild Wings leans into Go takeout format as a third of sales move off premises
The 100th location of Buffalo Wild Wings Go opened Wednesday on the Upper East Side in Manhattan. Source: Buffalo Wild Wings Buffalo Wild Wings opened its 100th Go location on Wednesday in New York City, four years after unveiling the quick-service offshoot of its sports bar chain. BWW Go sells the chain’s famous chicken wings […]
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These 10 retail brands are the fastest growing in the U.S., Yelp says
The new restaurant in your neighborhood may look familiar. Chains owned by publicly traded restaurant companies accounted for half of the top 10 fastest-growing retail brands in the U.S. last year, according to a new Yelp report. Review site Yelp compiled the list by using a blended metric that includes net new openings, searches on […]
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3G Capital quietly exited its Kraft Heinz investment last year
Brazilian private equity firm 3G Capital quietly sold off its 16.1% stake in Kraft Heinz in the fourth quarter, nearly nine years after masterminding the blockbuster merger of Kraft Foods and Heinz with Warren Buffett. The sale marks the end of an era for 3G. The firm’s influence over Kraft Heinz had been dwindling in […]
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Gatorade enters new categories — even unflavored water — as competition to hydrate consumers ramps up
As Gatorade approaches its 60th birthday, the brand is staying spry, branching out into new categories from unflavored water to energy drink mixes. Since its founding in 1965, Gatorade has been the dominant sports drink. It accounted for 63.5% of the U.S. sports drink market in 2023, according to Euromonitor International data. Owner PepsiCo’s archrival […]
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McDonald's will purchase all 225 eating places from Israel franchise adhering to professional-Palestinian boycott fallout
Jeff Greenberg | Universal Images Team | Getty Visuals McDonald’s signed a offer to buy all 225 of the places to eat that comprise its Israel franchise, the American fast-foods chain introduced, pursuing months of considerably decreased product sales due to professional-Palestinian boycott motion amid the Israel-Hamas war. The restaurant outlets in Israel have been […]
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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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A new Japanese restaurant tops ɺsia's 50 Greatest Dining places' checklist
Tokyo’s Sézanne is the newly topped winner of “Asia’s 50 Greatest Restaurants 2024” checklist. The two Michelin-starred neo-classical French restaurant, located on the 7th flooring of the Four Seasons Lodge Tokyo at Marunouchi, climbed from No. 2 on the 2023 checklist to protected the best spot. Japan had nine restaurants make this year’s checklist, as […]
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McDonald's to sell Krispy Kreme doughnuts nationwide by the end of 2026
McDonald’s is planning to sell Krispy Kreme doughnuts at its restaurants nationwide by the end of 2026, the chains announced Tuesday. The rollout will start in the second half of this year, but it will take roughly two and a half years as Krispy Kreme more than doubles its distribution to satisfy the partnership. For […]
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Darden posts first same-store sales decline since pandemic, offset by Ruth's Chris acquisition
A Ruth’s Steak House restaurant on May 03, 2023 in Miami, Florida. Darden Restaurants said Wednesday it is buying Ruth’s Hospitality Group, the parent company of Ruth’s Chris Steak House, for $715 million. Joe Raedle | Getty Images Darden Restaurants on Thursday reported mixed quarterly results as the Olive Garden owner’s same-store sales shrank for […]
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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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