Are you a contrarian investor? Sometimes it seems everyone claims to be one, but it isn’t easy, especially after a wipeout such as the one we saw on Sept. 13. An investor who wishes to pay bargain pri...
Tag: restaurants
Starbucks to unveil ‘reinvention’ strategy at investor day on Tuesday
CEO of Starbucks Howard Schultz in New York City. Steven Ferdman | Getty Images Starbucks is expected to unveil a reinvention plan Tuesday as the coffee giant grapples with changing consumer behavior,...
Burger King $400 million plan to revive U.S. sales with remodels, advertising
CASCAIS, PORTUGAL – Burger King signs are seen at the local fast food restaurant. Horacio Villalobos | Corbis News | Getty Images Burger King on Friday said it plans to spend $400 million over t...
Outgoing Starbucks CEO Howard Schultz says he won’t return for a fourth stint
Outgoing Starbucks CEO Howard Schultz says that he’ll never return to the top job after the coffee giant announced a new succession plan last week. “I’m never coming back again, beca...
Fish and chip shops fear for survival as energy, prices surge
SKEGNESS, England – Aug. 30, 2022: Salt’s fish and chip shop in Skegness, Lincolnshire. Manager Liam Parker told CNBC the family business is looking to cut costs through the winter as soar...
NYC sues Starbucks for coffee chain’s firing of union organizer
A cup of Starbucks coffee sits on a table in a cafe. Joel Boh | Reuters New York City is suing Starbucks over allegations that the company wrongfully terminated a barista and union organizer. The city...
Starbucks CEO transition plan gets muted reaction from Wall Street
Laxman Narasimhan, April 13, 2018. Guillermo Gutierrez | Bloomberg | Getty Images Wall Street’s reaction to Starbucks’ new CEO was muted Friday morning, with shares down about 1% after the...
No, McDonald’s all-day breakfast isn’t returning in October
A McDonald’s “Big Breakfast” and Egg McMuffin are displayed at a McDonald’s restaurant in Fairfield, California. Justin Sullivan | Getty Images No, McDonald’s isn’t...
Purchase Rewards Provider Valuedynamx Launches Globally With 400 Million Marketable Consumers
Valuedynamx launched the first global travel rewards program in 1987. Photo by Scott Barbour/Getty Images Valuedynamx, a leading global provider of curated, data-driven, omnichannel purchase rewards, ...
Starbucks new CEO Laxman Narasimhan to take over from Howard Schultz
Starbucks on Thursday named Laxman Narasimhan as its next chief executive officer. Narasimhan most recently served as CEO of health and hygiene company Reckitt, which owns brands like Lysol, Durex and...
Post-pandemic, Americans are tipping less generously for takeout
At the Sweetly Bakery & Cafe in Battle Ground, Washington, near Portland, Oregon, customers seem to be feeling a little less generous lately. With inflation near record highs and consumers increas...
Gatorade adds caffeine to its lineup with energy drink Fast Twitch
Fast Twitch, from the makers of Gatorade Source: PepsiCo Gatorade is entering the energy drink category with a caffeinated spin-off called Fast Twitch. It represents yet another example of beverage co...
I shared expenses 50/50 with a friend on vacation. She wants me to split the cost of her credit card’s foreign-transaction fees. Is that sharp practice?
Dear Quentin, I recently took a trip to another country with a friend. We agreed to share expenses. When they presented their list of expenses, they included a foreign transaction fee charged by the c...
Chipotle Mexican Grill tests spicy chicken al pastor in two markets
Chipotle Mexican Grill is testing Chicken Al Pastor Source: Chipotle Mexican Grill Chipotle Mexican Grill is cranking up the heat on its grilled chicken. The restaurant chain said Tuesday it’s t...
Panera Bread tests artificial intelligence technology in drive-thru lanes
A Panera Bread location in Spring Hill, Florida. Jeff Greenberg | Universal Images Group | Getty Images Starting Monday, drive-thru customers at two Panera Bread locations in upstate New York will hav...
How restaurants rank for employee satisfaction
Fast food chains are in competition to recruit and maintain talent, with some businesses faring better than others when it comes to employee satisfaction, according to new report from financial servic...
Breakfast sales hold steady as people heading back to offices cut back elsewhere
Consumers may be dining out less, but breakfast sales are holding steady as people return to offices and grab a quick bite or iced coffee on the way to work. Overall traffic to restaurants fell 2% in ...
Chipotle restaurant in Michigan votes to unionize, in a first for the chain
A Chipotle Mexican Grill sign is seen in the Park Slope neighborhood in the Brooklyn borough of New York City. Michael M. Santiago | Getty Images A Chipotle Mexican Grill restaurant in Lansing, Michig...
Starbucks informs workers at two stores of closures, union claims retaliation
A sign is seen as Activists participate in an event dubbed the Un-Birthday Party and picket line for Starbucks CEO Howard Schultz on July 19, 2022 in New York City. Activists gathered near SchultzR...
Driving Restaurant Profits By Blending The Physical And Digital Experiences
Technology will help restaurants compete with other restaurants and attract more customers in a challenging economic environment. Technology can also help restaurants make more money by reducing costs...
Mystery New Jersey deli closes, Makamer Holdings says in SEC filing
Hometown Deli, Paulsboro, N.J. Mike Calia | CNBC The small, money-losing New Jersey deli that was once the sole asset of a publicly traded company with a bizarre market capitalization of $100 million ...
McDonald’s board adds three new directors in shake-up
The logo for McDonald’s is seen on a restaurant in Arlington, Virginia, January 27, 2022. Joshua Roberts | Reuters McDonald’s board is gaining three new members and losing one longtime dir...
Opinion: Any one of these 15 money-losing companies could become the stock market’s biggest ‘unicorn’ failure ever
David Rush holds a Guinness world record for cramming 100 candles into his mouth and lighting them. Sandeep Singh Kaila spun a basketball on a toothbrush for a record 1 minute and 8.15 seconds. Nevill...