Chinese Consumers Pinch Pennies on Staples as Pandemic Habits Linger
The average selling prices of toothbrushes, infant formula and makeup are declining as businesses adapt to circumstances. Source link
Restaurants
Google, McDonald’s, Exxon Headline Busy Earnings Week
A third of the S&P 500 is expected to report, including tech leaders Microsoft and Meta Platforms. Source link
The Horrible Performance Review That Set Him on the Road to CEO
John Peyton led Dine Brands, the owner of Applebee’s and IHOP, through the pandemic as a rookie chief executive. But...
Southern California Hotel Workers Strike Ahead of Fourth of July
Thousands of hotel employees walked off the job Sunday demanding better pay and benefits, and less burdensome workloads. Source link
Starbucks to Clarify Pride Decoration Rules as Strikes Continue
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Starbucks Workers, Citing Pride Decorations, Strike at Some Stores
The tension between the company and some employees over in-store decorations comes amid contract negotiations with unionized stores. Source link
Diners Are Losing Patience With Restaurant Service—and There’s No Quick Fix
Owners are using technology, training and fixed tipping to address staff turnover and shortages. Source link
Price Relief Coming at the Drive-Through
Fast-food restaurants are about to get a break, except for one big category. Source link
Hotel Owners Start to Write Off San Francisco as Business Nosedives
June 12, 2023 12:01 am ETSan Francisco’s once thriving hotel market is suffering its worst stretch in at least 15...
Beverly Hills Voters Stymie LVMH Plans to Expand U.S. Hotel Business
The majority of votes counted in this week’s referendum were against plans by LVMH’s Cheval Blanc brand to build its...
WSJ News Exclusive | Panera Brands Names New CEO Ahead of IPO
Panera Brands said it promoted José Alberto Dueñas to chief executive as the restaurant company prepares to offer its shares...
Chicago Restaurant That Invented Pizza Pot Pie Embroiled in Legal Battle
Amid messy ownership fight, patrons line the sidewalk to dine at the eateryChicago Pizza and Oven Grinder Co., as seen...
WSJ News Exclusive | McDonald’s Cuts Pay Packages, Closes Offices Alongside Layoffs Across Chain
WSJ News ExclusiveBusinessFast-food chain offered some employees a chance to remain with reduced compensation Source link
WSJ News Exclusive | McDonald’s Temporarily Shuts U.S. Offices as Chain Prepares for Layoff Notices
The fast-food company is expected to notify workers of their job status virtually. The layoffs are part of a broader...
Off-the-radar destinations every visitor to China should consider | CNN
CNN — With China finally reopening to the world, it’s time to dust off that travel wish list and start...
WSJ News Exclusive | Chick-fil-A Wants to Serve Its Chicken Sandwiches in Asia and Europe
The fast-food restaurant chain plans a $1 billion international expansion, with locations in five international markets by 2030. Source link
How Chili’s Is Prepping for Tough Times, Starting With the Fries
Rising costs and a shortage of workers are pushing the Southwest-style restaurant chain to do more with lessTanner Davison dining...
Wendy’s Targets Sales Growth Amid Restructuring
BusinessEarningsFor 2023, fast-food company expects global systemwide sales to grow 6% to 8% Source link
Hotels, Booking Sites Say Americans Will Keep Traveling in 2023
Travel companies say leisure spending continues despite higher costs. Source link
Mass Layoffs or Hiring Boom? What’s Actually Happening in the Jobs Market
By Sarah Chaney Cambon and Ray A. SmithFeb. 9, 2023 8:01 am ETListen to article(2 minutes)Interest rates are rising, inflation...
