Restaurants
Restaurant Brands International posts strong fourth quarter, names new CEO
In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. A federal lawsuit has been filed and is seeking class-action status alleging that fast food burger chain Burger King is misleading customers with imagery that portrays its food, including the Whopper burger, as being much larger […]
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Vita Coco wants its coconut water to be your cocktail mixer — and your hangover cure
Vita Coco water. Tim P. Whitby | Getty Images For nearly two decades, Vita Coco has sold its coconut water to health-conscious consumers as a fresh way to hydrate. This year, it’s changing the pitch. The beverage company is pushing its namesake brand into new use cases and occasions, partnering with Diageo on a canned […]
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Chick-fil-A will test a cauliflower sandwich in its first plant-based pilot
Chick-fil-A is making its cauliflower sandwich the same way as its original chicken sandwich. Source: Chick-fil-A Chick-fil-A will test its first plant-based entree: a cauliflower sandwich. The new sandwich closely resembles its famous chicken sandwich, but uses breaded and pressure-cooked cauliflower in place of meat. Starting Monday, the privately owned chain, which is the third-largest […]
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Fast meals reigns supreme as inflation weighs on pricier dining places
A female waiting around in line to choose up an order at a McDonald’s cafe. Oleksii Chumachenko | SOPA Visuals | Lightrocket | Getty Photographs Rapid-meals chains are searching like the significant winners in the fourth quarter — and further than — as rapid-casual and relaxed-dining places to eat struggle to appeal to shoppers. Several […]
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PepsiCo earnings beat expectations as price hikes boost snack and beverage sales
Pepsi sodas are displayed on shelves at a Walmart Supercenter on December 06, 2022 in Austin, Texas. PepsiCo, the maker of Pepsi soda, plans to cut hundreds of corporate jobs at its North American division according to a news report from The Wall Street Journal. Brandon Bell | Getty Images PepsiCo on Thursday reported quarterly earnings and […]
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Fast-food giant Yum Brands tops expectations, led by strength in Taco Bell
Signage is displayed outside a Yum! Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) restaurant in Louisville, Kentucky, U.S., on Thursday, Jan. 30, 2020. Luke Sharrett | Bloomberg | Getty Images Yum Brands on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by strong same-store sales growth at Taco Bell. Overall, the restaurant […]
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Chipotle Mexican Grill misses expectations for earnings, revenue and same-store sales
A Chipotle restaurant and signage is seen on February 09, 2022 in Miami, Florida. Joe Raedle | Getty Images Chipotle Mexican Grill on Tuesday reported weaker-than-expected quarterly earnings and revenue as it said customers pulled back on their restaurant spending. “As we got around the holidays, we just didn’t see that pop, that momentum, that […]
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Plant-based salmon startup capitalizes on rising interest in fake seafood
While the plant-based burger wars have been waging for several years now, plant-based fish is just in its infancy. But that is about to change, as new contestants enter the mix with various types of faux fish offerings, and investors rush in to fund them. In the U.S. alone, investment in plant-based, fermented or cell-based […]
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Mediterranean restaurant chain Cava confidentially files for an IPO
A logo outside of a Cava restaurant location in Chantilly, Virginia. Kristoffer Tripplaar | Sipa USA | AP Mediterranean chain Cava announced Monday that it has confidentially filed for an initial public offering. It’s the first restaurant company so far this year to take the first step toward a public market debut, following a drought […]
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