Spain is one of the world’s most-visited countries, drawing more than 83 million travelers in 2019, according to the United Nations’ World Tourism Organization. In terms of international a...
Tag: restaurants
Taco Bell tests its own meat substitute ahead of Beyond Meat launch later this year
Taco Bell’s new Crispy Melt Taco, made with a plant-based meat substitute Source: Taco Bell Taco Bell is testing a plant-based meat substitute made from soy and pea protein at its restaurants in...
People aren’t cutting back on tips even as inflation surges
Chef Alessandro Pirozzi, from Alessa by Chef Pirozzi, talks to customers at an outside table at the Promenade on Forest in Laguna Beach, CA on Wednesday, January 13, 2021. Paul Bersebach | MediaNews G...
Starbucks asks labor board to suspend mail-in ballot union elections, alleging misconduct in voting process
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...
After Taking A Hit During The Pandemic, Restaurants’ Breakfast Business Is Coming Back ‘With Velocity’
In Q2, McDonald’s CEO Chris Kempczinski said breakfast was the chain’s strongest performing daypart. … [+] McDonald’s The restaurant industry’s recovery has somewhat stalled th...
McDonald’s says it’s planning to reopen some restaurants in Ukraine
People are stand queue to McDonald’s in central Kyiv, Ukraine, on 29 May, 2020. STR | Nurphoto | Getty Images McDonald’s said Thursday that it is planning a phased reopening of some of its...
Some spirits drinkers are starting to trade down, Beam Suntory says
Bottles of Beam Inc.’s Jim Beam bourbon whiskey, center, are displayed for sale at a liquor store. Uriko Nakao | Bloomberg | Getty Images The maker of Jim Beam said some price-sensitive whiskey ...
Chipotle would rather be loved by customers than feared by competitors
People visit a Chipotle restaurant on February 09, 2022 in Miami, Florida. Joe Raedle | Getty Images Chipotle Mexican Grill has evolved into one of the most popular restaurant chains in the U.S., some...
Sweetgreen (SG) Q2 2022 earnings meet estimates
A worker wears a Sweetgreen Inc. hat while preparing food inside the company’s restaurant in Boston, Massachusetts. Adam Glanzman | Bloomberg | Getty Images Shares of Sweetgreen plunged more tha...
Chipotle to pay $20 million to NYC workers as part of settlement
Chipotle restaurant in New York City Scott Mlyn | CNBC New York City Mayor Eric Adams and city officials announced Tuesday that Chipotle has agreed pay about $20 million to roughly 13,000 workers for ...
Consumers are cutting back on restaurant spending, but CEOs say not all chains are affected
Howard Schultz David Ryder | Reuters Some restaurants are reporting weaker sales or declining traffic in the second quarter, signaling that diners are cutting back on eating out to save money. But CEO...
Ajisen Joins Yum China With Weak Results Amid Lockdowns
Pedestrians walk past a Japan-based fast food restaurants chain Ajisen Ramen restaurant in Shanghai … [+] in 2019. (Photo by Alex Tai/SOPA Images/LightRocket via Getty Images) SOPA Images/LightR...
Higher prices, skimpier portions, apps — fast-food deals are changing
Fast-food chains are playing up the value of their burgers, pizzas and tacos as inflation squeezes budgets — but expect higher prices, skimpier portions and more deals enticing people to sign up for r...
Beyond Meat (BYND) Q2 2022 earnings
Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, are shown for sale at a market in Encinitas, California, June 5, 2019. Mike Blake | Reuters Beyond Meat on Thursday lowered its revenu...
Burger King parent says more customers are redeeming coupons and loyalty rewards
A Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. Justin Sullivan | Getty Images More customers at Burger King and its sister brands are redeeming coupons and ...
Restaurant Brands International (QSR) Q2 2022 earnings
A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported quarterly earni...
Yum Brands (YUM) Q2 2022 earnings
A woman walks past a Taco Bell Cantina on July 30, 2020 in New York City. Alexi Rosenfeld | Getty Images Yum Brands on Wednesday reported mixed quarterly results, but said Taco Bell had stronger sales...
Starbucks (SBUX) Q3 2022 earnings beat estimates
An employee hands a bag to a customer at the drive-thru of a Starbucks coffee shop in Hercules, California, on Thursday, July 28, 2022. David Paul Morris | Bloomberg | Getty Images Starbucks on Tuesda...
Molson Coors stock falls, company cites split in beer spending
A bottle of Molson Coors Brewing Co. Blue Moon brand beer Tiffany Hagler-Geard | Bloomberg | Getty Images Molson Coors Beverage is seeing a split emerge among its customers as inflation hits their wal...
Taco Bell says its Mexican Pizza will be back in September
Taco Bell’s Mexican Pizza Source: Taco Bell Mexican Pizza will be returning as a permanent menu item at Taco Bell on September 15, according to the fast-food chain. The chain, owned by Yum Brand...
Starbucks union asks coffee giant to extend pay hikes, benefits to unionized stores
With pay increases set to kick in at Starbucks cafes around the U.S. on Monday, labor organizers are asking the coffee giant to extend the benefits to unionized stores as well without going through th...
PepsiCo takes $550 million stake in energy drink maker Celsius
Celsius Energy Drinks Courtesy: Celsius Holdings PepsiCo announced Monday a $550 million investment in energy drink maker Celsius Holdings as part of a long-term distribution deal with the smaller com...