Along with the news Thursday that it was selling its tea brand Tazo for $384 million, Starbucks cut its earnings estimates for 2018 and came in below sales expectations. Shares dropped 7 percent in...
The parent company of Chuck E. Cheese may be the top contender in a bid for Qdoba, the New York Post has reported.Jack in the Box, the owner of Qdoba, is ending the auction process for the 720-unit...
As it faces a challenging and competitive environment built on value promotions and changing consumer preferences, Bojangles’ plans to alter its strategy.The four-decade-old brand experienced a 2.2...
Boosted by both revenue and overall sales increases of nearly 27 percent during its latest quarter, Shake Shack is planning to open more locations in new markets throughout 2018.During a conference...
Papa John’s is blaming the National Football League, particularly the leadership of Commissioner Roger Goodell, for missing sales estimates in its latest quarter.The pizza brand, which has...
Dunkin’ Donuts’ multi-year plan to transform to a beverage-led, on-the-go brand is beginning to positively affect the company’s financials, executives reported Thursday.The brand posted U.S.
McDonald’s focus on value has boosted sales in 2017, and the brand hopes to continue that momentum into next year.The company announced that it will be introducing a value menu in early 2018...
McDonald’s continued its streak of positive comparable U.S. sales growth in the third quarter of 2017, posting a 4.1 percent increase thanks to its beverage and McPick 2 value performance along...
Amid a brand revitalization that includes new menu items and remodeled stores, Arby’s is also looking inward to continue its momentum. The Atlanta-based quick-service brand has offered a training...