Starbucks leans into hospitality push to try to reverse sales slump
As companies lean into value offerings and buzzy beverages to lure price-sensitive consumers, Starbucks is doubling down on its plans...
Restaurants
Starbucks same-store sales fall for sixth straight quarter
Consumers walk in front of a Starbucks coffee shop in Galeria Krakowska shopping mall in central Krakow, Poland, on July...
McDonald's to test CosMc's-inspired drinks at more than 500 restaurants
Something Bold (and Delicious) is Brewing at McDonald’s: A First Sip into the Future of BeveragesCourtesy: McDonald'sMcDonald's said Thursday it...
Chipotle stock tumbles after chain cuts same-store sales forecast
A Chipotle restaurant in San Francisco on Jan. 31, 2025.David Paul Morris | Bloomberg | Getty ImagesChipotle Mexican Grill on...
McDonald's revamped Snack Wraps are winning over customers
Wayne Kuhl, a McDonald's chef, shows the spicy and ranch Snack Wrap after he finished wrapping at the McDonald's Headquarters...
Coca-Cola will roll out cane sugar version of namesake soda in the U.S. this fall
A man walks past shelves of Coca-Cola bottles and cans at a shopping mall in Lagos, Nigeria November 5, 2019.Temilade...
Coca-Cola earnings beat estimates as strong demand in Europe offsets weakness elsewhere
A 12-pack of Coca-Cola is displayed on a counter in a 7-Eleven convenient store in Austin, Texas, on July 17,...
Pepsi introduces prebiotic cola months after Poppi acquisition
Pepsi Prebiotic Cola.Courtesy: PepsiCoPepsiCo on Monday announced that it will launch a prebiotic cola under its namesake soda brand, starting...
Subway taps Burger King veteran as next CEO
Jonathan Fitzpatrick, CEO of Subway.Courtesy: SubwaySandwich chain Subway has tapped former Burger King executive Jonathan Fitzpatrick as the company's latest...
Domino's Pizza wants to steal market share as it wins over low-income diners
Domino's Pizza restaurant showing company logo above entrance, a major pizza restaurant chain with over 15,000 locations in the United...
PepsiCo earnings beat estimates even as U.S. demand falls
Cases of Pepsi soda are displayed at a Costco Wholesale store on April 25, 2025 in San Diego, California. Kevin...
Starbucks employees to return to the office four days a week — or take a payout
The Starbucks headquarters is seen at Starbucks Center on July 3, 2024 in Seattle, Washington. David Ryder | Getty ImagesStarbucks...
Trump's tariffs on Brazil could make your coffee even more expensive
President Donald Trump's proposed 50% tariff on Brazilian imports is bad news for coffee drinkers.Brazil, the largest U.S. supplier of...
Wendy's CEO Kirk Tanner tapped to lead Hershey
Kirk Tanner, then CEO of North American beverages for PepsiCo Inc., speaks during the Bloomberg Power Players Summit in Miami,...
Fast-casual restaurants lean on loyalty programs to offset consumer pullback
A customer exits a Cava restaurant in New York City on June 22, 2023.Brendan McDermid | ReutersAs some consumers pull...
From mustard makeovers to beef tallow, six food and beverage trends that could take over
Condiments are getting an upgrade. Chefs are taking their signature sauces and dips outside the kitchen. And "swicy" still reigns.Those...
Trump's deportations are hurting Constellation Brands' beer sales
Bottles of Modelo beer are displayed on a shelf at a BevMo store on January 05, 2024 in San Rafael,...
Modelo owner Constellation Brands misses on earnings as aluminum tariffs hit profitability
Case of Modelo, a beer imported from Mexico, are seen for sale at a grocery store in Arlington, Virginia, February...
McDonald's and Krispy Kreme will end doughnut partnership next month
Glazed Krispy Kreme doughnuts.Joe Raedle | Getty Images News | Getty ImagesKrispy Kreme and McDonald's are ending their partnership for...
Darden Restaurants beats earnings estimates, as Olive Garden parent predicts growth in 2026
Customers enter an Olive Garden restaurant in Pittsburg, California, US, on Friday, Dec. 9, 2022.David Paul Morris | Bloomberg |...
