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DECLINE IN RESTAURANT SALES
Kat Cole dropped out of college, worked as a Hooters waitress at 18 and became a VP by 26 before leading CinnabonKat Cole went from working as a Hooters waitress at 18 to becoming a vice president by 26. After leaving college before graduation, she con...
US consumers are muscling through higher prices, but for how long?High gas prices are impacting inflation, leading to increased costs across various sectors and goods. Consumers are still maintaining spend...
These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analystsWhy should one be careful of the market at this juncture? One reason is that stocks are still not cheap. Even after all the nervousness of ...
US stocks muted as tech weakness offsets energy gains; earnings in focusThe S&P 500 and Nasdaq saw slight declines on Monday, primarily due to weaker technology stocks. Strength in energy and communication servi...
Mid-sized restaurants hungry for funds as investors stay awayMid-sized organized restaurant chains face financing challenges. Investors are being more cautious, focusing on sustainable profits and uni...
Oprah Winfrey made a 'significant' investment in True Food Kitchen in 2018. The resturant chain is now filing for bankruptcyTrue Food Kitchen, known for its health-focused dining, has filed for Chapter 11 bankruptcy protection recently. The restaurant chain has c...
As Thailand cracks down on foreigners, a tourist paradise reconsiders its welcomeThailand is facing a growing backlash against foreign influence in its tourist hotspots, particularly southern islands such as Koh Phangan,...
Inside McDonald's push to have AI price your Big MacMcDonald's has implemented artificial intelligence to optimize pricing strategies across its restaurants and franchises. This pricing model...
Why are US bond yields rising? 30-year Treasury hits its highest level since 2004, but what does it mean for household budgets?The US bond market is executing a severe repricing of the cost of money. On Thursday, the 30-year Treasury yield reached 5.48%, a peak unse...
When a 9-seat Chembur restaurant was drowning in Rs 18 lakh debt: How one chole bhature order by Anushka Sharma for Virat Kohli changed its fateAnushka Sharma ordered chole bhature for Virat Kohli: Anushka Sharma’s chole bhature order for Virat Kohli helped put Mumbai-based Delhi Se...
A Rs 99 bet: India’s QSRs rethink the value gameIndia's quick-service restaurants are implementing a Rs 99 price point to attract more customers. KFC, McDonald's, and Burger King are focu...
Warren Buffett and his arithmetic: Why one might be better without dividendHe could have called it a record and nobody would have argued. Instead he opened with the bad news, explained why the number was not good e...
From Maggi to Thums Up, India's food debate turns to what global brands sell hereIndia's proposal for food health warning labels ignites a national discussion. Companies sell less nutritious versions of brands in India c...
Flipkart launches standalone Minutes app, rolls out food delivery pilot ahead of BBD saleFlipkart has launched a standalone app for its quick commerce arm Flipkart Minutes, ahead of its Big Billion Days sale. The company is also...
Petrol, diesel sales soar on erratic monsoon rains, LPG demand shifts to piped gasIndia’s petrol and diesel sales surged in August as erratic monsoon rainfall increased demand from farmers and motorists. Petrol consumptio...
Temasek, ChrysCap brew up plans for Blue Tokai stake, put Rs 1000-1200 crore on the tableThe deal will value Blue Tokai chain at up to Rs 3,700 crore. This will be the largest round for the roasters so far, and will involve a co...
India is swapping solo bites for group dining and healthier picksOut-of-home food and beverage consumption is increasingly shifting towards group occasions. Solo consumption has declined while larger grou...