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Howard Schultz Steps Down From Starbucks Board
Schultz had returned to the coffee chain’s C-suite and board last year to help navigate challenges with workers and operations. Source link
Fast-Food Worker Pay Set to Rise in California Under Union Deal
State fast-food workers at chains with at least 60 national locations would be paid a $20-an-hour minimum wage. Source link
Sweetgreen Hires Former Chipotle Executives, Readies Mid-America Push
Sweetgreen hired two former Chipotle Mexican Grill executives to lead its marketing and culinary development, part of the salad chain’s strategy to expand beyond large
Restaurants and Supermarkets Are Brawling Over Your Dollar
Kroger, Giant Eagle and other grocers expand their prepared meals. Meanwhile, Chipotle, Taco Bell and other restaurants aim to defend their turf. Source link
Starbucks Prevails in Legal Challenge to Its Diversity Policies
Decision in federal court in Spokane, Wash., is a setback for legal activists who have sought to unwind companies’ policies aimed at increasing representation of
CFOs Are More Optimistic on Side-Stepping a Recession
Costs remain a concern, but a strong labor market and moderating inflation have assuaged finance chiefs’ worst economic fears. Source link
Fast-Food Customers Are Giving Up on Dining In
McDonald’s and Burger King want big investments in eating areas, prompting pushback from franchisees. Source link
Apple, Amazon, Starbucks to Report in Packed Earnings Week
Earnings reports also from Uber Technologies, Pfizer and Kraft Heinz are expected to shed light on how consumer spending is holding up amid rising interest
McDonald's Grimace Shake Trend Pays Off for Burger Chain
A meal celebrating the purple character helped drive sales after it went viral on TikTok. Source link
Can AI Replace Humans? We Went to the Fast-Food Drive-Through to Find Out
Chatbots are being put to work in fast-food restaurants across the U.S. Our columnist drove through a Hardee’s about 30 times to put it to