Restaurants
Inside Coca-Cola’s secretive innovation labs: How the beverage giant wants to automate dirty soda and refreshers
From McDonald’s to Wendy’s, longtime Coke customers have been expanding their beverage offerings to boost their profit margins.
Wendy’s stock jumps on report of potential takeover bid from Nelson Peltz’s Trian Fund Management
Peltz’s relationship with Wendy’s dates back to an activist campaign he led more than two decades ago.
Cyclospora fears lead consumers to lose their appetite for salads
Traffic to salad chains has fallen as consumers avoid greens due to the ongoing cyclospora outbreaks across the U.S.
Burger King overtakes Wendy’s as the nation’s second-largest burger chain
Burger King is once again the second-largest burger chain in the U.S. by system-wide sales.
Sweetgreen cuts full-year outlook as cyclospora fears weigh on sales
The salad chain has not been implicated in the ongoing cyclospora outbreak.
Salad and Go files for Chapter 11 bankruptcy after cyclospora fears worsened its challenges
The upstart salad chain aimed to take on Sweetgreen and expanded rapidly under the ownership of Volt Investment.
Chipotle stock falls on potential link to salmonella outbreak in Minnesota
Chipotle has pulled the affected supply from restaurants and replaced them with peppers from different growers, according to the company.
McDonald’s names company veteran Skye Anderson as its U.S. president as growth in its largest market slows
McDonald’s new U.S. President Skye Anderson has been with the company for 26 years and succeeds Joe Erlinger in the role.
McDonald’s earnings beat estimates, chain announces new U.S. head to accelerate growth
McDonald’s stock has fallen more than 11% this year, dragging its market cap down to roughly $191 billion.
Yum Brands reports mixed results but gives no update on Taco Bell cyclospora outbreak
The restaurant company provided no update on the cyclospora outbreak tied to Taco Bell restaurants is affecting its business.