Restaurants expect strong sales this summer. Consumers aren’t so sure
Last year, restaurant sales in May, June and July were tepid as higher gas prices and concerns about the economy
Read more
Restaurants
This company could take lab-grown meat mainstream thanks to a green light from the FDA
As demand for plant-based meat cools, advocates for cultivated meat, which is grown directly from animal cells, think they can
Read more
Kraft Heinz unveils customizable sauce dispenser with more than 200 condiment combos for restaurants
Kraft Heinz hopes to learn what new sauces it should launch in grocery stores based on data from the digital
Read more
China’s recovery lifts U.S. companies’ sales as domestic consumers pull back spending
Many U.S. companies said China's recovery helped their quarterly sales, but demand hasn't snapped back as quickly as expected for
Read more
Shifting to life post-Covid: How remote work transformed this city in the Midwest
Lansing, Michigan is one example of how downtowns have attempted to move away from office-centric economies. Source link
Read more
Salad chain Sweetgreen reports narrowing losses as it aims for profitability
The salad chain's traffic increased 2% during the quarter, helping boost same-store sales by 5%. Source link
Read more
McDonald’s franchisees fined after 305 minors, including 10-year-olds, found working illegally
Two 10-year-olds were among over 300 minors found to be working in violation of federal labor laws at McDonald's franchises
Read more
Starbucks earnings beat as China reverses same-store sales declines
Starbucks said its same-store sales climbed 11% in its fiscal second quarter. Source link
Read more
Chipotle Mexican Grill’s restaurant traffic grows as the chain proves its pricing power
Shares of Chipotle jumped after the company's earnings and revenue beat Wall Street's expectations. Source link
Read more