Restaurants
How Starbucks took on Italy’s coffee culture
In 2018, Starbucks opened its first store in Italy, a 25,000-square-foot roastery in Milan. Despite being inspired by Italian coffeehouse culture, the American chain faced resistance when entering the country. It took Starbucks 47 years to open a shop in Italy. Italians take their coffee culture very seriously — it’s filled with traditions, customs and […]
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Medieval Times sues performers’ union over trademark infringement
Medieval Times Dinner and Tournament, a family dinner theater featuring staged medieval-style games, sword-fighting, and jousting performed by a cast of 75 actors and 20 horses, held in Lyndhurst, New Jersey Anadolu Agency | Getty Images Medieval Times has thrown down the gauntlet. The restaurant-and-show chain is suing its employees’ New Jersey union for allegedly […]
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Domino’s reports mixed third-quarter results as U.S. same-store sales increase
An employee carries an order for a customer at a Domino’s Pizza restaurant in Detroit. Sean Proctor | Bloomberg | Getty Images Domino’s Pizza reported better-than-expected revenue for the third quarter Thursday and stood by its forecast for food cost inflation this year, even though earnings fell short of estimates. In the U.S., the company […]
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Delta and Starbucks link their loyalty programs in a bid for repeat customers
A Starbucks store is seen inside the Tom Bradley terminal at LAX airport in Los Angeles, California. Lucy Nicholson | Reuters Delta Air Lines and Starbucks are linking their loyalty programs, marking the latest move by the companies to expand the appeal of their rewards programs and boost sales. Starting Wednesday, members of Delta’s SkyMiles […]
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Men charged in stock fraud case involving a small-town NJ deli are set to appear in federal court
Two men accused in an alleged stock-manipulation scheme involving a small-town New Jersey deli are set to appear Tuesday morning at a federal courthouse that’s about a 20-minute drive from the now-closed shop at the heart of the case. Peter Coker Sr., 80, and James Patten, 63, who were arrested by federal authorities last month […]
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3 of our stocks, including Ford, are in the news. Here’s the Club’s take on the headlines
Three Club holdings — Ford (F), Disney (DIS) and Starbucks (SBUX) — were in the news Tuesday. Here’s our take on the headlines. The news: Ford announced a year-over-year sales decline of 8.9% in September. But with numbers from the final month of the third quarter in, the company’s sales on a quarterly basis rose […]
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Defendant in case of $100 million NJ deli hires lawyer who repped ‘pharma bro’ Martin Shkreli
Hometown Deli, Paulsboro, N.J. Mike Calia | CNBC Peter Coker Sr., a single of the defendants in the circumstance of the so-termed $100 million New Jersey deli, hired a lawyer who beforehand represented “pharma bro” Martin Shkreli, according to a new courtroom filing Tuesday. Coker Sr. employed Marc Agnifilo to stand for him in his […]
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Wendy’s drive-thru lanes struggle, while Chick-fil-A has the fastest service, report says
A worker hands a customer their order in the drive-through of a Wendy’s fast food restaurant in Pinole, California, on Wednesday, May 25, 2022. David Paul Morris | Bloomberg | Getty Images Wendy’s is often credited with pioneering drive-thru ordering, but the burger chain’s drive-thru accuracy and customer satisfaction scores lagged behind its rivals this […]
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UBS upgrades Domino’s Pizza, says demand slowdown concerns are overblown
It’s time for investors to take a slice out of the Domino’s Pizza pie despite concerns of slowing demand for the pizza maker, according to UBS. Analyst Dennis Geiger upgraded shares of the fast food stock to buy from neutral, saying in a note to clients that the valuation looks attractive compared to its peers […]
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London, Paris, Frankfurt and beyond: CNBC names Europe’s best hotels for business travel
International travel may still have its challenges. But finding a solid hotel for a business trip isn’t one of them. CNBC Travel and the market data firm Statista today release a ranking of the “Best Hotels for Business Travelers” in Europe. This is the first ranking of its kind between CNBC and Statista, who […]
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