Pepsi products at a convenience store in Crockett, California, US, on Friday, June 16, 2023.David Paul Morris | Bloomberg | Getty ImagesPepsiCo on Tuesday reported quarterly earnings and revenue that beat analysts' expectations and raised its outlook for its full-year earnings.Shares of the company rose 2% in premarket trading.Here's what the...
A Popeyes restaurant is seen in Washington, D.C.Eric Baradat | AFP | Getty ImagesPopeyes has overtaken KFC as the No. 2 chicken chain in the U.S., a decade after Chick-fil-A first unseated KFC from the top spot.Chicken chains' battle for stomachs — and dollars — has become more aggressive...
A finished burrito bowl assembled by Chipotle and Hyphen's automation technology.Source: Chipotle Mexican GrillChipotle Mexican Grill is testing whether automation can make customers' burrito bowls and salads.It's the second time the burrito chain has publicly announced testing automation at its innovation center. Chippy, Chipotle's first foray into automation, is...
Chick-fil-A had the slowest average drive-thru experience in 2022, but the highest customer satisfaction.Jeff Greenberg | Universal Images Group | Getty ImagesFast-food drive-thru lanes are speeding up as fewer customers choose to order their meals and milkshakes sitting in their car, according to an annual study by Intouch Insight...
The snack aisle is seen during a tour of a new Amazon Go store in the Capitol Hill neighborhood of Seattle, Washington, U.S., on Monday, Feb. 24, 2020.Chona Kasinger | Bloomberg | Getty ImagesFor more than a century, frosted cornflakes have been the backbone of Kellogg's business. That changes...
A McDonald's golden arches logo is seen at a franchise restaurant owned by Rippon Family Restaurants.Paul Weaver | Lightrocket | Getty ImagesMcDonald's franchisees who add new restaurants will soon have to pay higher royalty fees.The fast-food giant is raising those fees from 4% to 5%, starting Jan. 1. It's...
A customer carries an Olive Garden shopping bag in Pittsburg, California, US, on Friday, Dec. 9, 2022. David Paul Morris | Bloomberg | Getty ImagesDarden Restaurants on Thursday reported earnings and revenue that topped analysts' expectations in its first quarter as the owner of Ruth's Chris Steak House.Shares of the company...
Flags are flown at a car caravan and rally of fast food workers and supporters for passage of AB 257, a fast-food worker health and safety bill, on April 16, 2021 in the Boyle Heights neighborhood of Los Angeles, California.Mario Tama | Getty ImagesFast-food workers in California are set...
Workers prepare apples and avocados inside a Sweetgreen Inc. restaurant.Adam Glanzman | Bloomberg | Getty ImagesTen Sweetgreen employees are suing the salad chain, alleging racial discrimination at seven of its New York City restaurants.The lawsuit, filed Thursday in New York Supreme Court in the Bronx, alleges that the plaintiffs'...
Former Starbucks CEO Howard Schultz speaks at the Annual Meeting of Shareholders in Seattle, March 22, 2017.Jason Redmond | AFP | Getty ImagesFormer Starbucks CEO Howard Schultz is stepping down from the coffee chain's board, the company said Wednesday."I look forward to supporting this next generation of leaders to...