Tag: Restaurants
Chuck E. Cheese makes comeback after bankruptcy
Chuck E. Cheese's parent company has spent $230 million renovated its stores.Source: CEC EntertainmentFour years after exiting bankruptcy, Chuck E. Ch [...]
McDonald’s to close three CosMc’s locations — and open two more
A sign hangs outside of a CosMc's restaurant, a concept recently launched by McDonald’s on December 11, 2023 in Bolingbrook, Illinois. Scott Olson | G [...]
Panera Brands CEO Jose Duenas steps down, CFO to fill in
A Panera Bread restaurant is seen on the day it is announced that the Panera Bread company is acquiring sandwich rival Au Bon Pain on November 8, 2017 [...]
Wendy’s, Denny’s, Red Lobster close locations in 2024
A rough year for the restaurant industry led many chains to close underperforming locations in 2024, as they try to improve their sales in the years t [...]
CEO departures at U.S. companies hit a record this year
Clockwise from top: Former Boeing CEO Dave Calhoun (CNBC), Starbucks former CEO Laxman Narasimhan (Getty Images), former Nike CEO John Donahoe (Reuter [...]
Starbucks workers strike in LA, Chicago and Seattle ahead of Christmas
Starbucks Workers United members picket outside a Starbucks store in Chicago, Illinois, US, on Friday, Dec. 20, 2024. Vincent Alban | Bloomberg | Gett [...]
Mall restaurants like Cheesecake Factory, Eataly help to draw shoppers
Editor's note: This is the third story in a three-part CNBC series about the future of U.S. shopping malls, as developers transform the spaces to add [...]
Darden Restaurants (DRI) Q2 2025 earnings
Darden Restaurants on Thursday reported quarterly earnings and revenue that met analysts' expectations and better-than-expected same-store sales growt [...]
Starbucks union authorizes strike ahead of bargaining session
A Starbucks worker boards the Starbucks union bus after Starbucks workers stood on the picket line with striking SAG-AFTRA and Writers Guild of Americ [...]
Restaurant winners and losers include McDonald’s, Chili’s, Taco Bell
A "location closed" sign hangs in the window of a closed Red Lobster restaurant in Torrance, California on May 14, 2024. Patrick T. Fallon | AFP | Get [...]
Hershey stock soars on report of another Mondelez takeover attempt
The logo of Hersheys ,taken in Manhattan. Michael Kappeler | Picture Alliance | Getty ImagesShares of Hershey climbed as much as 15% in morning tradin [...]
Trump tariff plan threatens to make Modelo more expensive
Packages of Modelo Especial beer are displayed for sale in a grocery store on June 14, 2023 in Los Angeles, California. Mario Tama | Getty ImagesShare [...]
Starbucks vendor hit by ransomware attack, affecting pay and schedules
The Starbucks logo is displayed above one of its cafes in London on Aug. 13, 2024.Hollie Adams | ReutersA ransomware attack on one of Starbucks' softw [...]
Can Starbucks fix long lines at its airport cafes?
Customers wait in a long line at a Starbucks cafe in a terminal at Miami International Airport, in Miami, Dec. 12, 2022.Jeff Greenberg | Universal Ima [...]
McDonald’s preparing ‘McValue’ offering for 2025
A McDonald's is seen in the Flatbush neighborhood in Brooklyn, New York City, on Oct. 23, 2024.Michael M. Santiago | Getty ImagesMcDonald's is prepari [...]