[ad_1] A food delivery courier for Meituan in Beijing, China, on Tuesday, Aug. 22, 2023. A surge in sales expected for Meituan may be a catalyst to its shares, which…
Tag: Food and drink
Coffee chains are crowding Singapore in hopes of jump-starting their global expansions
[ad_1] Group of friends at a restaurant Santiago Nunez | Klaud9 | Getty Images Singapore was Luckin’s first major push outside of China, opening 30 outlets since March, according to…
Whiskey distillers cheer as EU, U.S. strike deal to avoid 50% tariff on exports to Europe
[ad_1] Jack Daniel’s Tennessee Whiskey. Getty Images U.S. whiskey distillers are breathing a sigh of relief as they will avoid a looming 50% tax on shipments to Europe. The European…
Olive Garden owner Darden beats earnings estimates, hikes guidance as sales climb
[ad_1] An Olive Garden restaurant in Fremont, California, US, on Thursday, Sept. 14, 2023. Darden Restaurants Inc. is scheduled to release earnings figures on September 21. Bloomberg | Getty Images…
McDonald’s to open first CosMc’s spinoff restaurant this week
[ad_1] McDonald’s CosMc’s Restaurant. Courtesy: McDonald’s McDonald’s will open the first location of its new spinoff brand CosMc’s this week in Bolingbrook, Illinois. The fast-food giant plans to open 10…
McDonald’s aims to open nearly 9,000 restaurants, add 100 million loyalty members by 2027
[ad_1] A McDonald’s store sign in Austin, Texas, Oct. 30, 2023. Brandon Bell |Getty Images McDonald’s wants to open more than 8,800 locations and add 100 million members to its…
Happy meal? Steady demand for french fries is good news for U.S. economy
[ad_1] Image source: Jaromila | E+ | Getty Images Consumers are still splurging for a side of fries with their meals. That can have a positive read-through for the economy.…
Mars, accused of using child labor in its supply chain, says it aims to end the practice
[ad_1] Detail of a recently opened cocoa pod in Asikasu on Dec. 19, 2020. Cristina Aldehuela | Afp | Getty Images Candy giant Mars said it aims to end the…