Walmart shares fell more than 6% Thursday, as the big-box retailer said profit growth will slow this fiscal year even as sales continue to climb.Walmart said…
A McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024.David Paul Morris | Bloomberg | Getty ImagesIn like a lion, out like a lamb.That’s how…
Fast-food companies like Yum! Brands’ KFC and McDonald’s are getting back into chicken tenders as a way to attract consumers with a low-risk, high-reward bet on…
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 |…
A McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024.David Paul Morris | Bloomberg | Getty ImagesAfter a tough year for the restaurant industry, executives…
A new Burger King restaurant under construction in Tortosa, Spain, following the current expansion of Restaurant Brands International Inc. – the parent company of BK- in…
People seen around the Starbucks coffee store in Shenzhen, China.Jakub Porzycki | Nurphoto | Getty ImagesOn Starbucks’ fourth-quarter earnings call, newly installed CEO Brian Niccol told…
A deadly E. coli outbreak linked to McDonald’s Quarter Pounders has led to 75 cases in 13 states, the Centers for Disease Control and Prevention said…
The McDonald’s logo is displayed at a McDonald’s restaurant in Burbank, California, on July 22, 2024.Mario Tama | Getty ImagesSubway started phasing out its $5 footlong…
It’s finally here: the long-predicted consumer pullback.Starbucks announced a surprise drop in same-store sales for its latest quarter, sending its shares down 17% on Wednesday. Pizza…