This chart shows how restaurant revenue has fallen, even as delivery and takeout sales soar
The chart shows U.S. restaurants' weeklySource: UBS Evidence LabU.S. restaurant revenue is falling as takeout and delivery orders fail to...
Retail industry
Former Macy’s CEO expects retail closures to continue into 2021 as Covid persists
Former Macy's CEO Terry Lundgren told CNBC on Monday he expects coronavirus pandemic-related disruption for the retail industry to persist...
Olive Garden parent’s revenue falls 19% as new dining restrictions hit same-store sales
Customers arrive at an Olive Garden location in San Antonio, Texas.Callaghan O'Hare | Bloomberg | Getty ImagesDarden Restaurants on Friday...
Coca-Cola will cut 2,200 jobs worldwide as part of restructuring plan
Cans produced for Coca-Cola Co.'s Coke drink move along the production line.Chris Ratcliffe | Bloomberg | Getty ImagesCoca-Cola will cut...
Cornish hens and restaurant meals: What Thanksgiving looks like in a pandemic
This year, instead of the traditional turkey, Nicole Beckler's Thanksgiving table will feature two Cornish hens: the perfect sized birds...
Anti-spending movement gains momentum ahead of Black Friday
'Tis the season to shore up your savings.In the days leading up to Black Friday, financial experts caution against overspending,...
FreshDirect CEO says customers will only see benefits after Dutch grocer buys majority stake
David McInerney, CEO, FreshDirectSource: CNBCFreshDirect customers have nothing to fear after the company was bought by the Dutch owner of...
Starbucks raises wages for its baristas as restaurant industry braces for minimum wage hike
A worker stands inside Starbucks in midtown during the coronavirus pandemic on May 20, 2020 in New York City.Noam Galai...
Beyond Meat to launch two new versions of its meatless burger
Beyond Burger launches new meatier burger.Source: Beyond BurgerBeyond Meat's line-up of meat substitutes will soon include two new versions of...
McDonald’s and franchisees will conduct coronavirus safety checks to guard against pandemic fatigue
People wear protective face masks outside a McDonald's location in New York City.Noam Galai | Getty ImagesMcDonald's will conduct coronavirus...
Applebee’s franchisee bids to buy Pizza Hut’s largest U.S. operator
A customer enters a Pizza Hut restaurant in Princeton, Illinois.Daniel Acker | Bloomberg | Getty ImagesFlynn Restaurant Group has put...
Sony’s new PS5 game console won’t be sold in stores on Nov. 12 release day
Sony said on Thursday that its new PS5 game console, which will compete directly with Microsoft's new Xbox Series X...
Wendy’s breakfast nabs new customers as pandemic pushes consumers to break habits
The Breakfast Baconator and Seasoned Potatoes are part of the breakfast menu at Wendy's restaurants on March 2, 2020 in...
Friendly’s Restaurants’ parent files for bankruptcy, announces $2 million sale
A Friendly's Ice Cream Corp restaurant is seen on the day the company filed for bankruptcy in Delray Beach, Florida.Joe...
Restaurants see a new wave of coronavirus restrictions as U.S. cases hit record high
Restaurants are facing a new wave of restrictions, posing yet another obstacle in their attempts to stay afloat and recover...
McRib returns to McDonald’s nationwide for the first time since 2012
McDonald's McRibSource: McDonald'sStarting Dec. 2, McDonald's McRib is returning to menus nationwide for the first time since 2012.The limited-time pork...
Walmart pulls guns, ammo off sales floors because of ‘civil unrest’ in some areas, but will still sell those items
A file photo of guns for sale at a WalMart store.Getty ImagesWalmart has removed guns and ammunition from sales floors...
Yum Brands quarterly revenue rises 8%, fueled by higher Taco Bell demand
Signage is displayed outside a Yum! Brands Inc. Taco Bell restaurant in Lockport, Illinois.Daniel Acker | Bloomberg | Getty ImagesYum...
Burger King parent’s quarterly sales fall 8% as pandemic weighs on Tim Hortons sales
Jose Cil, CEO of Restaurant Brands International, speaks during an interview with CNBC on the floor at the New York...
