A Starbucks worker boards the Starbucks union bus after Starbucks workers stood on the picket line with striking SAG-AFTRA and Writers Guild of America (WGA) members in solidarity outside Netflix studios on July 28, 2023 in Los Angeles, California. Mario Tama | Getty ImagesStarbucks and Workers United, which represents roughly...
Chipotle is launching Farmesa Fresh Eatery first at Kitchen United's upcoming Santa Monica location.Source: Chipotle Mexican GrillChipotle Mexican Grill is abandoning its Farmesa Fresh Eatery spinoff after partner Kitchen United closed its ghost kitchens.A little over a year ago, Chipotle announced the opening of its first Farmesa location at...
The logo of Chipotle Mexican Grill is seen in Manhattan, New York.Shannon Stapleton | ReutersChipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that beat analysts' expectations, fueled by higher traffic to its restaurants.The stock rose 4% in extended trading.Here's what the company reported compared with what Wall Street was...
Starbucks and the union that represents its baristas will resume contract negotiations on Wednesday, ending an extended stalemate.The two sides' return to the bargaining table follows their February announcement that they found a "constructive path forward" during mediation discussions related to litigation over the union's use of Starbucks' branding. It...
Bottles of Pepsi soda are seen on display at a Target store on February 09, 2024 in the Flatbush neighborhood of Brooklyn borough New York City.Michael M. Santiago | Getty ImagesPepsiCo on Tuesday reported quarterly earnings and revenue that beat analysts' expectations, despite a recall of some Quaker Foods cereal and...
In this photo illustration, Pantene and Head & Shoulders hair products are displayed on July 28, 2023 in San Anselmo, California. Justin Sullivan | Getty ImagesProcter & Gamble on Friday reported mixed quarterly results but raised its full-year earnings outlook.Shares of the company were roughly flat in premarket trading.Here's what P&G...
TGI Fridays logo is seen on one of their branches. John Lamparski | Lightrocket | Getty ImagesTGI Fridays and Hostmore, the chain's U.K. franchisee, announced plans to merge on Tuesday.The all-share deal is valued at 177 million pounds ($220 million). If it closes, TGI Fridays, best known for its potato...
A sign is seen on a Buffalo Wild Wings restaurant on November 28, 2017 in Miami, Florida. Joe Raedle | Getty Images News | Getty ImagesBuffalo Wild Wings opened its 100th Go location on Wednesday in New York City, four years after unveiling the quick-service offshoot of its sports bar...
The new restaurant in your neighborhood may look familiar.Chains owned by publicly traded restaurant companies accounted for half of the top 10 fastest-growing retail brands in the U.S. last year, according to a new Yelp report.Review site Yelp compiled the list by using a blended metric that includes net...
Brazilian private equity firm 3G Capital quietly sold off its 16.1% stake in Kraft Heinz in the fourth quarter, nearly nine years after masterminding the blockbuster merger of Kraft Foods and Heinz with Warren Buffett.The sale marks the end of an era for 3G. The firm's influence over Kraft...