Restaurants
Restaurants are expected to post strong earnings, but signs of trouble ahead could emerge
Pedestrians carry McDonald’s bags in New York, US, on Wednesday, April 6, 2023. Victor J. Blue | Bloomberg | Getty Images As restaurants prepare to present their first-quarter earnings, investors are anticipating strong results. But the rest of the year may prove bumpier for the sector. McDonald’s, Chipotle Mexican Grill and Domino’s Pizza will all […]
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Ben & Jerry’s workers in flagship Vermont store file for union election
Ben & Jerry’s brand ice cream sits in a supermarket freezer. Bloomberg | Bloomberg | Getty Images Ben and Jerry’s workers at the ice cream company’s flagship store in Burlington, Vermont, are filing for a union election Monday. The move adds to a string of service industry union drives, including at Starbucks and Trader Joe’s. […]
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Burger King is selling more Whoppers than ever before in early days of its U.S. turnaround
In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. Justin Sullivan | Getty Images Seven months after Burger King unveiled a strategy to revive its U.S. business, the chain is selling more Whoppers than ever before. Burger King U.S. President Tom Curtis told CNBC that […]
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Restaurant prices are rising faster than grocery prices for the first time since inflation ran hot
People sit outdoors at the Petite Crevette Restaurant on June 05, 2021 in the Brooklyn borough of New York City. Robert Nickelsberg | Getty Images For the first time since inflation began accelerating in mid-2021, restaurant prices outpaced grocery prices on a 12-month basis, according to the Labor Department. It’s a blow to the restaurant […]
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From hotpot to bubble tea, BofA suggests China may be looking at signals of use recovery
Chinese people wearing raincoats and enjoying hotpot as thousands of persons get at a hotpot pageant in southwest China’s Chongqing municipality on Oct. 31, 2009. STR | Afp | Getty Photos Indications of restoration may perhaps be rising in China’s luxury and purchaser discretionary products sectors, claimed an analyst from Bank of America, even as […]
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Chipotle unveils sustainable-restaurant design as it aims to cut carbon footprint in half by 2030
Some of the new restaurants will include solar panels. Source: Chipotle Mexican Grill Chipotle Mexican Grill on Tuesday unveiled a new all-electric restaurant design aimed at helping the company reach its goal of cutting greenhouse gas emissions in half by 2030. Next year, more than 100 of the burrito chain’s new locations will use all-electric […]
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Question: How are some bars boosting profits? Answer: Trivia nights
Brooklyn Brewery hosts a Thursday trivia night on March 30. Noah Sheidlower | CNBC Megan Fitzgerald has always been a trivia fan, but as the director of brand experience at Talea Beer Co. in Brooklyn she wasn’t convinced it would be a good fit for the female-founded brewery. In February, she begged friends to come […]
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Starbucks clients are complaining about tummy problems from new olive oil-infused espresso
Starbucks’ new Oleato espresso drinks. Starbucks Starbucks customers have taken to social media to share their encounters with the coffee chain’s new slate of olive oil-infused beverages, and apparently, for some, the photo is not so quite. On March 16, a submit titled “Olive oil drinks…” was added to the subreddit r/starbucks by a Redditor […]
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Sweetgreen stock falls after Chipotle sues for trademark infringement over burrito bowl
Sweetgreen’s Chipotle Chicken Burrito Bowl Source: Sweetgreen Sweetgreen‘s stock fell 11% in afternoon trading Wednesday after Chipotle Mexican Grill filed a lawsuit against the salad chain alleging trademark infringement over its new “Chipotle Chicken Burrito Bowl.” Chipotle filed the suit in California federal court Tuesday, less than a week after Sweetgreen launched the menu item. […]
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Assume it really is way too late to swap careers? Tell that to ‘Asia’s most effective female chef’
Johanne Siy walked into her to start with culinary career job interview in 4-inch heels. She had just come from her large-flying corporate job and like any other applicant, she place her most effective foot forward. “The ground was so slippery. Every person was just observing me and in their minds they have been likely […]
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