Digital menu boards at a Starbucks promote “Good Afternoon” drinks, highlighting the company’s effort to boost afternoon traffic as part of its turnaround strategy. Courtesy: Starbucks Afternoon traffic is becoming a bigger growth engine for Starbucks, the company said Thursday, as it pushes deeper into a key part of CEO Brian Niccol’s turnaround strategy. The…
Shares in Delivery Hero rose over 10% on Monday morning following a Financial Times report that U.S. rival Uber weighed an improved bid for the German food delivery firm. Delivery Hero confirmed in a statement on Saturday that it had received a takeover offer from Uber of €33 ($38.29) per share, which would value the…
Surfside drinks on display at the trade show during CinemaCon 2026 at Caesars Palace in Las Vegas on April 15, 2026. Travis P Ball | AP About a decade ago, sales of LaCroix began to skyrocket. Soon, flavored seltzers were everywhere, from grocery store refrigerators to liquor store shelves. But the era of bubbles looks…
Customers shop for eggs at an H-E-B grocery store on May 11, 2026 in Austin, Texas. Brandon Bell | Getty Images Egg prices are finally cooling in a welcome shift for consumers. But now a new challenge is sending producers scrambling: they have too many eggs at a time when their input costs are rising….
An illuminated Guzman y Gomez sign at a restaurant in Sydney, Australia, on Wednesday, Feb. 18, 2026. Bloomberg | Bloomberg | Getty Images Shares of Guzman y Gomez rose as much as 20.58% on Friday, after the Mexican-themed fast-food chain said it would exit the U.S. market and refocus on Australia. “Having spent the last…
President Donald Trump speaks during an announcement with Environmental Protection Agency Administrator Lee Zeldin (not pictured) in the Oval Office at the White House, in Washington, May 21, 2026. Kevin Lamarque | Reuters President Donald Trump on Thursday announced a delay of two Biden-era EPA refrigerant rules, arguing the move will cut costs for companies…
Burger King President Tom Curtis said customer phone calls helped the company revamp its signature Whopper and fuel a broader turnaround at the fast-food chain. “We’ve been listening to our guests a lot lately,” Curtis told Jim Cramer on CNBC’s “Mad Money” on Friday. “I’ve personally taken 1,800 calls from guests, and we got over…
Jeff J Mitchell | Getty Images President Donald Trump’s decision to remove the 10% tariff on Scotch whisky exports to the U.S. has brought relief to the embattled sector — and could also provide a much-needed boost to a niche corner of the industry: premium cask investing. Cask investing involves buying an oak barrel filled…
Filipino restaurant Kasa and Kin in Soho, London, offers a selection of drinks and desserts made with ube, a root vegetable from the Philippines which has seen a surge in demand from younger consumers due to its vibrant color and sweet taste. Kasa and Kin Long-time Filipino restaurateur Chris Joseph has served ube across his…
As grocery chains face mounting pressure from inflation-weary shoppers and growing competition, some in the industry are starting to rely on artificial intelligence to protect margins without losing customers. Traditional levers to protect profits or drive sales, like raising prices or running blanket promotions, are becoming less effective as shoppers split trips across multiple retailers…
