Restaurants
Bernie Sanders set to grill ex-Starbucks CEO Howard Schultz about alleged union busting
CEO of Starbucks Howard Schultz sits off stage to listen to soon to be Starbucks CEO Laxman Narasimhan at Investor Day in Seattle, Washington Tuesday September 13, 2022. Melina Mara | The Washington Post | Getty Images Former Starbucks CEO Howard Schultz on Wednesday is likely to face tough questions from Sen. Bernie Sanders about […]
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Chipotle to pay ex-employees $240,000 after closing Maine location that tried to unionize
Chipotle restaurant in Teterboro, New Jersey. SOPA Images | LightRocket | Getty Images Chipotle Mexican Grill has agreed to pay $240,000 to the former employees of an Augusta, Maine, location as part of a settlement for closing the restaurant when workers tried to unionize. Employees at the Chipotle restaurant filed a petition to unionize under […]
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Starbucks CEO says he’ll work a shift at the company’s cafes once a month
Laxman Narasimhan, incoming Starbucks CEO, Sept. 7, 2022. CNBC Starbucks CEO Laxman Narasimhan told employees Thursday that he’ll work a half day every month at one of the coffee giant’s locations. Narasimhan took the helm on Monday and will lead the company’s shareholder meeting Thursday. He joined Starbucks in October, spending months learning the business. […]
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Olive Garden parent raises revenue outlook as same-store sales jump
Customers enter an Olive Garden restaurant in Pittsburg, California, US, on Friday, Dec. 9, 2022. David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday raised its revenue outlook for fiscal 2023 for the second consecutive quarter after reporting quarterly results that showed growth across the board. For fiscal 2023, Darden now expects sales […]
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Starbucks shareholders to vote on proposals for labor probe, succession planning
Laxman Narasimhan, incoming Starbucks CEO, Sept. 7, 2022. CNBC Starbucks investors will vote Thursday on whether the coffee giant is respecting its workers’ rights and if its board is doing enough to plan for executive transitions. The shareholder meeting is the first under new CEO Laxman Narasimhan, who took the reins from Howard Schultz on […]
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Starbucks is bringing olive oil-infused coffee to a few locations in the U.S. this week
Starbucks initial Oleato launch will launch three olive oil-infused drinks in stores across Italy. Source: Starbucks After launching olive oil-infused coffee in Italy, Starbucks is bringing its Oleato line stateside, starting Thursday. The upscale Reserve Roasteries and select Reserve cafes in New York, Chicago and Seattle will sell the drinks first, as well as the […]
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Panera Bread tests Amazon’s palm-scanning technology in St. Louis
A sign is posted on the exterior of a Panera Bread restaurant on November 09, 2021 in Novato, California. Justin Sullivan | Getty Images Panera Bread is piloting Amazon’s palm-scanning technology in St. Louis to offer customers a faster way to connect to their loyalty program and pay. The bakery-cafe chain, which has long been […]
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New Starbucks CEO Laxman Narasimhan takes over nearly two weeks earlier than expected
Starbucks CEO Howard Schultz, left, with incoming CEO Laxman Narasimhan, Sept. 7, 2022. Source: CNBC Starbucks on Monday said Laxman Narasimhan has officially become CEO, nearly two weeks earlier than expected. He’ll lead the coffee giant’s annual shareholder meeting Thursday, marking his first public address as its chief executive. After being named incoming CEO in […]
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Ex-fugitive in fraud scheme tied to $100 million NJ deli prepared to pay back thousands and thousands for bail
Peter Coker Jr., left, is issued research warrants from law enforcement at his villa on the southern resort island of Phuket, Thailand, Jan. 11, 2023. Crime Suppression Division, Royal Thai Police | AP NEWARK, N.J. – The previous fugitive connected to a New Jersey deli business whose inventory as soon as was absurdly valued at […]
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Kellogg’s snacking unit, which includes Cheez-It and Pringles, gets a new name: Kellanova
Kellogg brand Cheez-it crackers arranged at a supermarket in Dobbs Ferry, New York, US, on Wednesday, June 22, 2022. Kellogg Co. said it will split into three independent companies, sparking a rally in the food conglomerates shares. Tiffany Hagler-Geard | Bloomberg | Getty Images Kellogg on Wednesday revealed it will name its snacking unit Kellanova […]
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