The logo for McDonald’s is seen on a restaurant in Arlington, Virginia, January 27, 2022. Joshua Roberts | Reuters McDonald’s is making changes to how it awards franchises in the hopes of ...
Tag: Food and drink
Mars CEO is retiring and will be replaced by head of pet care unit
Grant Reid, president and chief executive officer of Mars Inc., speaks during a Bloomberg Businessweek Debrief event in New York, U.S., on Thursday, Jan. 10, 2019. Alex Flynn | Bloomberg | Getty Image...
Dubai’s famous boozy brunches get a reboot as Saturday becomes the new Friday
The UAE is tackling this issue of work-life balance and the government recently rolled out a 4.5-day working week for Emirati government employees. Laszlo Szirtesi | Getty Images News | Getty Images T...
Chipotle tests cauliflower rice at select stores in Arizona, California and Wisconsin
Employees prepare orders for customers at a Chipotle Mexican Grill restaurant in Hollywood, California. Patrick T. Fallon | Bloomberg | Getty Images Chipotle is giving cauliflower rice another try aft...
These could be the next hot food and drink trends
Pasta is coming back in different shapes and flavors, drinking vinegar is cool, and comfort food favorites like pancakes are being made with new ingredients. That’s according to the hundreds of ...
Chipotle and Kraft Heinz use start-up HowGood to track sustainability
Consumers are now demanding environmental accountability in everything — from the buildings they live in to the products they purchase. Food is a big one. While more and more food companies are ...
Abbott Nutrition restarts baby formula production in reopened Michigan plant
Shelves normally meant for baby formula sit nearly empty at a store in downtown Washington, DC, on May 22, 2022. Samuel Corum | AFP | Getty Images Abbott Nutrition on Saturday resumed baby formula pro...
How nature could change the way we do business
A hot cup of coffee is the perfect start to the day for millions of people around the world. But when taking that first sip, it’s easy to forget how much work goes into bringing it to the table....
Wendy’s shares surge as Trian, its largest shareholder, explores potential deal
A drive-thru window of a Wendy’s restaurant in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images Shares of Wendy’s surged roughly 15% in extended trading Tuesday after a filing rev...
NFL renews sponsorship deal with Pepsi, but without Super Bowl halftime show
A detail view of a Pepsi ad at FedEx Field during an NFL football game between the Washington Football Team and the New York Giants, Thursday, Sept. 16, 2021, in Landover, Md. Aaron M. Sprecher via AP...
Another baby formula shipment from Europe to arrive in the U.S. on Wednesday
Pallets of Nestle Health Science Alfamino Infant and Alfamino Junior formula are unloaded from a US military aircraft at Indianapolis International Airport in Indianapolis, Indiana, US, on Sunday, May...
Abbott CEO apologizes for baby formula shortage in Washington Post
The Abbott manufacturing facility in Sturgis, Michigan, on May 13, 2022. Jeff Kowalsky | AFP | Getty Images Abbott Laboratories CEO Robert Ford apologized Saturday in a new op-ed for his company’...
Baby formula shortage is bringing out scammers, FTC warns
Sod Tatong | Moment | Getty Images Scammers are exploiting a nationwide baby formula shortage, tricking consumers into paying hefty prices through fraudulent online stores, the Federal Trade Commissio...
Brits are being warned of ‘apocalyptic’ food price rises
More than four in five people in the U.K. are worried about rising living costs and their ability to afford basics necessities like food and energy over the coming months, according to a new survey. T...
Plant-based food stocks Beyond Meat, Oatly face a reset
In this photo illustration Oatly oat milk is shown on May 20, 2021 in Chicago, Illinois. Scott Olson | Getty Images Wall Street appears to be souring on plant-based substitutes. Shares of Beyond Meat ...
Starbucks accused of more than 200 labor violations in NLRB complaint
Starbucks workers react as they speak to the media after union vote in Buffalo, New York, December 9, 2021. Lindsay DeDario | Reuters The regional director of the National Labor Relations Board in Buf...
Ice cream freezers to get ‘warmed up’ in trial by Unilever
According to Unilever, the industry standard for freezer temperatures in many markets stands at minus 18 degrees Celsius (around 0 degrees Fahrenheit). The temperature of freezers in the trials will b...
What McDonald’s closures in Russia could mean for the country
Two months after the fall of the Berlin Wall in 1989, McDonald’s — the very symbol of Western capitalism — opened its first store in the Soviet Union. It was a big moment, and the restaurant dre...
PepsiCo (PEP) Q1 2022 earnings beat estimates
In this photo illustration PepsiCo products are shown on October 05, 2021 in Chicago, Illinois. Scott Olson | Getty Images PepsiCo on Tuesday reported quarterly earnings and revenue that topped analys...
Coca-Cola (KO) Q1 2022 earnings beat estimates
Coca-Cola on Monday reported quarterly earnings that topped analysts’ expectations as consumers drank more of its namesake soda, Powerade and Costa coffee. But CEO James Quincey told CNBC’...
What’s next for Pepsi’s after exiting Russia amid Ukraine war
Following Moscow’s invasion of Ukraine, multinational companies have withdrawn from Russia in staggering numbers. As of April 22, more than 700 U.S. companies have scaled back, suspended or ex...
Impossible Foods patent at risk in legal battle with Motif FoodWorks
Plant-based burgers developed by Impossible Foods Inc. are seen at the 2nd China International Import Expo (CIIE) at the National Exhibition and Convention Center on November 6, 2019 in Shanghai, Chin...
Gas prices drive grocery bills higher, says online grocer Boxed CEO
Online grocer Boxed CEO Chieh Huang said shoppers may have to get used to paying more to fill up the fridge and pantry — especially if gas prices stay elevated. Huang told CNBC’s “TechChec...
Royal Caribbean Makes a Change Passengers Will Love
Cruise ships have an endless array of food and beverage choices. Passengers on a ship from Royal Caribbean (RCL) – Get Royal Caribbean Group Report, Carnival Cruise Lines (CCL) – Get Carni...
Hong Kong, Bangkok, Tokyo, Singapore
Hong Kong is the top destination in Asia for foodies this year, according to new rankings released by the 50 Best organization. The city is home to 16 of the region’s “best” 100 rest...
Gopuff partners with Morrisons in UK for speedy grocery delivery
Gopuff and Morrisons are partnering up for speedy grocery deliveries in more than 20 cities across the U.K. Gopuff LONDON — American instant delivery start-up Gopuff said Friday it has partnered with ...
Beyond Meat, PepsiCo meatless jerky launches
PLANeT Partnership’s new meatless jerky alternative Source: Beyond Meat Beyond Meat and PepsiCo announced Wednesday they will launch meatless jerky as the first product under their PLANeT Partne...