Chipotle restaurant sign on exterior of a building under clear blue sky, Pleasant Hill, California, April 16, 2026. Smith Collection | Gado | Archive Photos | Getty Images Fast casual chain Chipotle is set to open its first restaurant in Mexico this week, the company announced on Monday. The store will open on Thursday in…
Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo on Thursday reported mixed quarterly results as the struggles of its North American food and beverage divisions offset strong international demand. “Results were tempered in the quarter as U.S. food and beverage category performance moderated with…
Whitebalance.space | E+ | Getty Images America’s “protein-maxxing” obsession is stressing the dairy industry. Whey protein concentrate, once considered a cheap byproduct of the cheese manufacturing process, has become one of the most in-demand ingredients in the American diet. The surge is creating nationwide shortages, with some suppliers sold out for the latter half of…
Starbucks Iced Vanilla Protein Matcha Latte. Starbucks Beverage brands are cashing in on the growing demand for functional drinks among younger, health-conscious consumers by introducing increasingly innovative offerings, including protein-boosted coffees and CBD-infused sodas. The $160 billion global functional drinks market has become an increasingly lucrative category, encompassing multipurpose drinks that claim to promise taste…
The exterior of a Red Lobster restaurant on May 20, 2024 in Austin, Texas. Red Lobster has filed for Chapter 11 bankruptcy protection after a failed lease-back agreement and “endless shrimp” promotion backfired against company revenue. Brandon Bell | Getty Images Restaurant chain Red Lobster’s “Everyday $20 Ultimate Endless Shrimp” offering was described as a…
The growing push to restrict Americans from using federal food aid to buy certain processed or sugary products is creating a new challenge for some of the biggest U.S. food and beverage companies. The U.S. Department of Agriculture as of May had approved food restriction waivers for Supplemental Nutrition Assistance Program benefits in 23 states,…
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….
