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...
Restaurants
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 |...
Yum! Brands names CFO Chris Turner as its next CEO
Yum Brands logoDado Ruvic | ReutersYum! Brands on Tuesday named Chief Financial and Franchise Officer Chris Turner as its next...
Starbucks moves to the next phase in its turnaround: Winning over employees
Customers order at a Starbucks in Manhattan Beach, California, on July 19, 2024.Jakub Porzycki | Nurphoto | Getty ImagesAs Starbucks...
Shares of scandal-plagued Brazilian meat giant JBS open at $13.65 in U.S. public debut
The JBS Greeley meatpacking facility in Greeley, Colorado, US, on Friday, Feb. 28, 2025. Chet Strange | Bloomberg | Getty...
Howard Schultz says he 'did a cartwheel' when Starbucks CEO Niccol coined 'back to Starbucks' strategy
Former Starbucks CEO Howard Schultz drinks from a Starbucks mug while testifying before a Senate Health, Education, Labor, and Pensions...
Starbucks to roll out Microsoft Azure OpenAI assistant for baristas
A Starbucks store is shown in Encinitas, California, on Feb. 24, 2025.Mike Blake | ReutersStarbucks plans to roll out a...
Chipotle to launch Adobo Ranch dip after sluggish start to the year
Chipotle Mexican Grill's new Adobo Ranch dipSource: Chipotle Mexican GrillChipotle Mexican Grill is hoping that Americans' love for ranch will...
McDonald's is bringing back the snack wrap to U.S. restaurants next month
McDonald's Snack Wrap.Courtesy: McDonald'sMcDonald's snack wraps will return to U.S. restaurants next month as the fast-food giant looks to boost...
Private equity firm Roark Capital invests in fast-growing restaurant chain Dave's Hot Chicken
Private equity firm Roark Capital has bought a majority stake in Dave's Hot Chicken, the company announced on Monday.Financial terms...
