Restaurants
McDonald’s to test CosMc’s-inspired drinks at more than 500 restaurants
Something Bold (and Delicious) is Brewing at McDonald’s: A First Sip into the Future of Beverages Courtesy: McDonald’s McDonald’s said Thursday it is planning to test new coffee drinks, refreshers and flavored sodas at more than 500 restaurants later this summer, hoping to cash in on younger consumers’ love for fun, colorful drinks. “We’re seeing […]
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Chipotle trims same-store sales forecast as fewer diners visit its restaurants
A Chipotle restaurant in San Francisco on Jan. 31, 2025. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday cut its forecast for same-store sales growth this year after traffic declined for a second straight quarter. The burrito chain now anticipates flat same-store sales growth for 2025, down from its prior projection of a low-single digit percentage increase. Chipotle […]
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McDonald’s revamped Snack Wraps are winning over customers
Wayne Kuhl, a McDonald’s chef, shows the spicy and ranch Snack Wrap after he finished wrapping at the McDonald’s Headquarters in Chicago on May 29, 2025. Nam Y. Huh | AP Early data suggests the return of McDonald’s Snack Wraps is winning over customers. After a nearly decadelong hiatus, the burger chain brought back the […]
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Tesla Diner: Photos show opening of Musk’s futuristic California drive-in
People dine inside during the opening of the Tesla Diner and Drive-In restaurant and Supercharger on Santa Monica Blvd in the Hollywood neighborhood Los Angeles, California on July 21, 2025. Patrick T. Fallon | Afp | Getty Images Elon Musk’s flagship Tesla Diner opened Monday in Hollywood, California, and the CEO is already eyeing expansion […]
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Coca-Cola will roll out cane sugar version of namesake soda in the U.S. this fall
A man walks past shelves of Coca-Cola bottles and cans at a shopping mall in Lagos, Nigeria November 5, 2019. Temilade Adelaja | Reuters Coca-Cola plans to introduce a version of its namesake cola made with cane sugar in the U.S. this fall, the company announced on Tuesday. Coke has used high-fructose corn syrup to […]
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Coca-Cola earnings beat estimates as strong demand in Europe helps offset weakness elsewhere
A 12-pack of Coca-Cola is displayed on a counter in a 7-Eleven convenient store in Austin, Texas, on July 17, 2025. Brandon Bell | Getty Images Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations as strong demand in Europe offset weaker volume in other markets. Shares of the company fell less […]
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Pepsi introduces prebiotic cola months after Poppi acquisition
Pepsi Prebiotic Cola. Courtesy: PepsiCo PepsiCo on Monday announced that it will launch a prebiotic cola under its namesake soda brand, starting this fall. Pepsi Prebiotic Cola comes just four months after the beverage giant announced its $1.95 billion acquisition of upstart Poppi. Soda consumption has broadly fallen over the past two decades in the […]
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Domino’s Pizza wants to steal market share as it wins over low-income diners
As the restaurant industry aims to lure frugal consumers with discounts and deals, Domino’s Pizza thinks it can steal diners from its competitors. “I think the industry headwinds are actually tailwind for us. Meaning, of course, they’re headwinds, but we’re going to gain [market] share during this time frame,” CEO Russell Weiner told CNBC on […]
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Subway taps Burger King veteran as next CEO
Jonathan Fitzpatrick, CEO of Subway. Courtesy: Subway Sandwich chain Subway has tapped former Burger King executive Jonathan Fitzpatrick as the company’s latest CEO, effective July 28. The announcement on Monday follows a months-long search for former CEO John Chidsey’s successor. Chidsey retired at the end of 2024 after five years with the company. His tenure […]
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PepsiCo earnings beat estimates even as U.S. demand falls
Cases of Pepsi soda are displayed at a Costco Wholesale store on April 25, 2025 in San Diego, California. Kevin Carter | Getty Images PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts’ expectations, despite weaker demand for its food and drinks in North America. Shares of the company rose roughly 2% in premarket trading. […]
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