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Shake Shack names Papa John’s CEO as its new leader in CEO shakeup
Shake Shack named a new CEO on Thursday, the first outsider to lead the company in its 20-year history.
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McDonald’s names its CEO as new board chairman, taps Kimberly-Clark exec as independent director
McDonald’s CEO will become chairman of the company’s board later this spring, the company said Tuesday.
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Insider Q&A: CEO of fast-growing First Watch keeps the focus on breakfast
A U.S. restaurant chain that only serves breakfast, brunch and lunch is keeping its original recipe for success as it evolves in response to changing work patterns.
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Want to feel special? Stores and restaurants with paid memberships are betting on it
Paid loyalty programs are all the rage in the restaurant and retail worlds.
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Want to buy ‘Made in the USA’ meat and eggs? A new federal labeling rule might help
Shoppers who want to determine if their meat, eggs and poultry were “Made in the USA” are expected to find the task easier once a finalized federal rule takes effect.
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What will make Americans start chewing gum again? Candy companies want to know
Gum makers are trying to figure out what will make Americans start chewing again. Generational habits, health concerns and the coronavirus pandemic have gnawed away at gum sales.
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Anheuser-Busch, Teamsters reach labor agreement that avoids US strike
Budweiser brewer Anheuser-Busch has reached a contract agreement with the Teamsters union that avoids a strike at its U.S. plants.
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Beyond Meat’s shares soar on better-than-expected Q4 revenue despite weak US sales
Beyond Meat’s shares soared Tuesday after it reported higher-than-expected sales in the fourth quarter.
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Starbucks and Workers United, long at odds, say they’ll restart labor talks
Starbucks and the union organizing its U.S. workers say they have agreed to begin talks with the aim of reaching labor agreements.
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Why does the US government think a Kroger-Albertsons merger would be bad for grocery shoppers?
Two of the biggest grocery chains in the United States had hoped to complete the largest supermarket merger in the country’s history this year.
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US sues to block merger of grocery giants Kroger and Albertsons, saying it could push prices higher
The Federal Trade Commission is suing to block a proposed merger between grocery giants Kroger and Albertsons.
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Can a healthier plant-based burger combat falling US sales? Beyond Meat hopes so
Beyond Meat is revamping its signature plant-based burger, hoping that healthier ingredients will help it boost flagging U.S. sales.
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Chocolates, flowers and procrastination. For many Americans, Valentine’s Day is a last-minute affair
Valentine’s Day is meant to celebrate romance and the depths of feeling we have for loved ones. So it may be surprising how much Valentine’s shopping is done at the last minute.
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Last-minute love: Many Americans procrastinate when it comes to Valentine’s gifts
Valentine’s Day is meant to celebrate romance and the depths of feeling we have for loved ones. So it may be surprising how much Valentine’s shopping is done at the last minute.
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Date night strike: Thousands of US, UK delivery, ride-hailing drivers stop work on Valentine’s Day
Thousands of ride-hailing and delivery workers in the U.S. and the U.K. went on strike on Valentine’s Day in an effort to win better pay.
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Coca-Cola overcomes falling demand in North America and puts up strong fourth quarter sales
Coca-Cola reported higher-than-expected revenue in the fourth quarter as growth in Mexico, Germany and other markets offset lower sales in the U.S.
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US labor judge orders Starbucks to reinstate high-profile union organizer
A federal labor law judge has ordered Starbucks to reinstate a high-profile labor organizer who resigned in 2022 after the coffee giant repeatedly ignored the organizer’s scheduling requests.
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Coke hopes to excite younger drinkers with new raspberry-flavored Coca-Cola Spiced
From Flamin’ Hot Cheetos to Sweet Heat Starburst, America’s snacks are getting spicier. Now, Coca-Cola wants in on the trend.
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Fans raise a red Solo cup to honor Toby Keith, who immortalized the humble cup in song
Red Solo cups are usually synonymous with good times. But on Tuesday, as word of country singer Toby Keith’s death spread, many were raising their red Solos in sad tribute to the singer.
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After a bumpy end to a banner year, McDonald’s says sales growth will moderate in 2024
After three years of exceptional sales growth, McDonald’s is returning to Earth. The Chicago burger giant said Monday it expects its same-store sales — or sales at locations open at least a year — to rise 3% to 4% this year.
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Starbucks reports record Q1 revenue but lowers outlook as consumer spending falls in some markets
Starbucks on Tuesday reported record revenue in its fiscal first quarter but lowered its sales outlook for the rest of the year as spending weakens in China and other markets.
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US unions flexed their muscles last year, but membership rates fall to all-time low
Unions commanded big headlines last year, but that didn’t translate into higher membership numbers, according to government data released Tuesday. The U.S.
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Wendy’s names PepsiCo executive as the burger chain’s new CEO
Wendy’s Co. has named a longtime PepsiCo executive as its new CEO. The Dublin, Ohio-based burger chain said Thursday that Kirk Tanner will become president and CEO on Feb. 5.
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Sean ‘Diddy’ Combs and Diageo settle, withdraw lawsuits in case that accused Diageo of racism
Rapper and entrepreneur Sean “Diddy” Combs has withdrawn his lawsuit against Diageo as part of a settlement with the London-based spirits giant.
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Starbucks sued by consumer group that calls its claim of ethical sourcing false and misleading
A consumer advocacy group filed a lawsuit against Starbucks Wednesday, saying the company’s claim that its coffee is ethically sourced is false and misleading.
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Insider Q&A: How wedding planners are adjusting for Gen Z nuptials
Tim Chi, the CEO of The Knot Worldwide, attended eight weddings in the year leading up to his own 2005 nuptials.
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PepsiCo products are being pulled from some Carrefour grocery stores in Europe over price hikes
Global supermarket chain Carrefour will stop selling PepsiCo products in its stores in France, Belgium, Spain and Italy over price increases for popular items like Lay’s potato chips, Quaker Oats and its namesake soda.
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Consulting firm McKinsey agrees to $78 million settlement with insurers over opioids
Consulting firm McKinsey and Co. has agreed to pay $78 million to settle claims from insurers and health care funds that its marketing work with Purdue Pharma helped fuel an opioid addiction crisis.
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The secret life of gift cards: Here’s what happens to the billions that go unspent each year
Americans are expected to spend nearly $30 billion on gift cards this holiday, according to the National Retail Federation. Most will be redeemed.
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It’s not a happy holiday at Starbucks, facing boycotts over the Middle East war and unionization
It’s been a tough few weeks for Starbucks. At a time when it hoped to be spreading holiday cheer, it’s juggling boycotts over the war in the Middle East and over a unionization effort at home.
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