Restaurants
Cava prices IPO at $22 per share, above stated range
The Cava logo is displayed at a Cava location in Pasadena, California, Feb. 6, 2023. Mario Tama | Getty Images News | Getty Images Mediterranean fast-casual restaurant chain Cava priced its initial public offering at $22 per share, above a previously stated range, the company said Wednesday. Cava said it sold 14.4 million shares, which […]
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Nearly all Us residents slice back again on paying out owing to inflation, CNBC study finds
Nearly all Us citizens are reducing again on their investing in some way, according to a new CNBC and Early morning Seek the advice of survey. The study observed 92% of Us residents are pulling again, further evidence of what stores like Walmart, Concentrate on, Residence Depot and Finest Obtain named out as careful shopper […]
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Starbucks union claims dozens of stores aren’t allowed to decorate for Pride
Marchers with Starbucks pass through the landmark intersection of Hollywood and Highland during the annual Pride Parade in Los Angeles, June 12, 2022. David Mcnew | Getty Images Starbucks Workers United said Tuesday that dozens of the coffee chain’s U.S. stores aren’t allowing employees to decorate for Pride month. Starbucks said in a statement to […]
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Individuals press back again from ‘tip creep’ — ‘It’s time to take a stand,’ pro suggests
From self-support rapid-food items cafe kiosks to smartphone shipping applications, there are extra chances to tip for a broader vary of services than ever before. But in between the higher charge of residing and unsure financial state, income-strapped people are beginning to suggestion fewer — and resent tipping prompts even more. Less individuals now say they “generally” tip […]
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Taco Bell to test Vegan Crunchwrap with plant-based beef and cheese in 3 cities
Taco Bell’s Vegan Crunchwrap Source: Taco Bell Taco Bell will sell a vegan version of its popular Crunchwrap, made with plant-based beef and cheese, in three U.S. cities for a limited time, it said Wednesday. Starting Thursday, customers in Los Angeles, New York and Orlando will be able to order the Vegan Crunchwrap. The Yum […]
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Popeyes expands its popular chicken sandwich lineup with a new blackened option
Popeyes is expanding its menu to add a Blackened Chicken Sandwich and bacon and cheese toppings for its chicken sandwiches. Source: Popeyes Popeyes Louisiana Kitchen is permanently adding a Blackened Chicken Sandwich to its menu Tuesday, marking the first addition to its chicken sandwich line since it kicked off the craze four years ago. The […]
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Consumers are more likely to cut back on restaurant visits than trade down to fight inflation, report says
People sit outdoors at the Petite Crevette Restaurant on June 05, 2021 in the Brooklyn borough of New York City. Robert Nickelsberg | Getty Images During the Great Recession, consumers hunted for bargains, trading down to cheaper restaurants or picking the least expensive menu options. But today, as inflation puts pressure on their wallets, consumers […]
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Restaurants expect strong sales this summer. Consumers aren’t so sure
A waitress delivers sushi orders at Masa Hibachi Steakhouse & Sushi in Silver Spring, Maryland. Bill O’Leary | The Washington Post | Getty Images Warmer weather usually boosts restaurant sales, but diners may hold back for the second straight summer as inflation weighs on consumers’ minds — and wallets. “I think operators are still hopeful […]
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Panera Bread parent announces CEO transition as it prepares for ‘eventual IPO’
Customers patronize an open Panera Bread location in the Walt Whitman Mall on March 26, 2020 in Huntington Station, New York. Bruce Bennett | Getty Images Panera Bread’s parent company is switching up its leadership as it prepares to go public again. The announcement, made Tuesday, confirms that the restaurant company is interested in an […]
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Mediterranean restaurant chain Cava files for IPO as revenue climbs
A person walks past a Cava restaurant location in Pasadena, California, February 6, 2023. Mario Tama | Getty Images Mediterranean restaurant chain Cava saw its revenue rise 12.8% in 2022, according to regulatory filings released Friday as it filed to go public through an initial public offering. It plans to trade on the New York […]
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