Restaurants
Sen. Bernie Sanders calls vote on possible subpoena for Starbucks CEO Howard Schultz over allegations of union-busting
Starbucks Chairman and former CEO Howard Schultz Jason Redmond | AFP | Getty Images Sen. Bernie Sanders is making good on his threat of a subpoena for Starbucks CEO Howard Schultz on what Sanders has called union-busting activity at the company’s coffee shops. Sanders said Wednesday that the Senate’s Health, Education, Labor and Pensions, or […]
Read More
McDonald’s expands Krispy Kreme test to more than 150 Kentucky locations
In this photo illustration, a Krispy Kreme glazed doughnut is shown on May 12, 2022 in Daly City, California. Justin Sullivan | Getty Images McDonald’s will sell Krispy Kreme doughnuts at more than 150 Kentucky locations starting next month, for a limited time. It’s an expansion of the fast-food giant’s initial test with the sweet […]
Read More
Big city restaurants and bars are missing office workers’ spending on Mondays and Fridays
Commuters arrive into the Oculus station and mall in Manhattan on November 17, 2022 in New York City. Spencer Platt | Getty Images Many restaurants and hotels in city downtowns are seeing sales come back to pre-pandemic levels — but only on Tuesdays, Wednesdays and Thursdays. In cities such as New York, Los Angeles and […]
Read More
Outside of Meat studies slim-than-predicted quarterly loss irrespective of sinking gross sales
Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, are revealed for sale at a marketplace in Encinitas, California, June 5, 2019. Mike Blake | Reuters Further than Meat on Thursday claimed a narrower-than-expected decline for its fourth quarter, regardless of its profits sinking a lot more than 20%. Shares of the firm climbed […]
Read More
Domino’s and Papa John’s shares sink after pizza chains deliver soft sales, outlook
Medianews Group/reading Eagle Via Getty Images | Medianews Group | Getty Images Domino’s Pizza and Papa John’s both fell in pre-market trading after reporting mixed earnings on Thursday morning. Domino’s missed analyst estimates on U.S. same-store sales and total revenue for the quarter. Domino’s also lowered its outlook. Papa John’s posted softer-than-expected North America sales. […]
Read More
Starbucks CEO Howard Schultz calls new olive oil espresso beverages ‘transformational’
Starbucks’ new line of olive oil-infused coffee drinks could disrupt the market, interim CEO Howard Schultz informed CNBC’s Jim Cramer on Tuesday. “This is a transformational minute in the history of our business making a new classification, a new system,” Schultz told CNBC’s “Mad Revenue.” He mentioned Starbucks’ new olive-oil espresso, which he conceived following […]
Read More
Starbucks is launching olive oil-infused coffee in Italy, plans U.S. release this spring
Starbucks initial Oleato launch will launch three olive oil-infused drinks in stores across Italy. Source: Starbucks Starbucks has a new way to customize its coffee: olive oil. The coffee giant will launch its “Oleato” line in its roughly two dozen Italian locations on Wednesday and plans to bring it to Southern California this spring. The […]
Read More
Covid’s ‘legacy of weirdness’: Layoffs spread, but some employers can’t hire fast enough
A sign for hire is posted on the window of a Chipotle restaurant in New York, April 29, 2022. Shannon Stapleton | Reuters Job cuts are rising at some of the biggest U.S. companies, but others are still scrambling to hire workers, the result of wild swings in consumer priorities since the Covid pandemic began […]
Read More
McDonald’s to launch McPlant nuggets created with Further than Meat in Germany
McDonald’s is including its McPlant burger and nuggets to menus in Germany. Resource: McDonald’s McDonald’s is increasing its McPlant line with a further Further than Meat merchandise. The speedy-food stuff big announced Wednesday that shoppers in Germany will be ready to get plant-based mostly McPlant Nuggets beginning Feb. 22. McDonald’s, which has additional than 1,400 […]
Read More
Bernie Sanders hints at subpoena for Starbucks CEO Howard Schultz
Senator Bernie Sanders (I-VT) (L), Starbucks CEO Howard Schultz Reuters (L) | Getty Images (R) Sen. Bernie Sanders hinted that lawmakers could subpoena Howard Schultz to compel the outgoing Starbucks CEO to testify in front of a Senate panel about how the coffee chain is handling its baristas’ push to unionize. “One way or another, […]
Read More