Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart.Even though affluent shoppers helped drive the retailer's latest beat on ...
Tag: Restaurants
Sweetgreen, Chipotle and other fast-casual chains are bucking the consumer slowdown
A food delivery messenger carries a take-out bag outside a Sweetgreen in Manhattan, New York City, on Sept. 14, 2023.Jeenah ...
Sweetgreen shares soar 34% after company beats revenue expectations
People dine outside a Sweetgreen in Manhattan.Jeenah Moon | The Washington Post | Getty ImagesSweetgreen shares surged nearly 34% on ...
Applebee’s owner Dine Brands wants to steal fast-food customers with its deals
Applebee's and IHOP owner Dine Brands thinks its deals can lure away fast-food customers who have grown frustrated with menu ...
Howard Schultz says Starbucks needs to revamp its stores after big earnings miss
Howard Schultz, former chief executive officer of Starbucks Corp., drinks from a Starbucks mug during a Senate Health, Education, Labor, ...
Starbucks shares sink 12% as coffee chain slashes 2024 forecast amid same-store sales drag
A Starbucks coffee shop in Amsterdam.Nicolas Economou | Nurphoto | Getty ImagesStarbucks on Tuesday reported weaker-than-expected quarterly earnings and revenue, ...
Starbucks, Workers United made ‘significant progress’ in this week’s contract talks
A Starbucks worker boards the Starbucks union bus after Starbucks workers stood on the picket line with striking SAG-AFTRA and ...
Drone startup Zipline hits 1 million deliveries, looks to restaurants as it continues to grow
Autonomous delivery drone startup Zipline said Friday that it hit its 1 millionth delivery to customers and that it's eyeing ...
Most people on weight loss drugs are spending less on restaurants and takeout, survey says
A food delivery messenger carries a take out bag outside aSweetgreen in Manhattan on September 14, 2023.Jeenah Moon | The ...
Procter & Gamble sales disappoint as price hikes slow down
Procter & Gamble on Friday reported mixed quarterly results as it struggles to bring back shoppers after two years of hiking ...
