Yum China CEO says consumers are growing more ‘rational’
A KFC restaurant in Wuhan, China. Source: Yum China While economists and investors fret over China’s low consumer confidence and sluggish growth, Yum China CEO Joey Wat says the Chinese…
Stocks making biggest moves midday: Paramount, Warner Bros., Lyft
Check out the companies making headlines in midday trading. Citigroup — Shares slid 1.8% after a warning from the bank on Wednesday night of a likely loss in the fourth…
Coke and Pepsi earnings comparison as KO and PEP stocks fall
Coca-Cola Co. and Pepsi Co. soda machines stand in a shopping center parking lot in Jasper, Indiana. Luke Sharrett | Bloomberg | Getty Images Coca-Cola and PepsiCo’s rivalry spans decades,…
FTC considers changing franchising rules for companies like McDonald’s
The franchising industry is bracing to see whether the U.S. will change how it regulates a structure that fuels brands from McDonald’s to Marriott. Last month, the Federal Trade Commission…
China sales help Starbucks, Yum, MGM, Disney, Tapestry
Pedestrians walk past Yum! Brands Inc. Pizza Hut and KFC restaurants in Shanghai, China. Qilai Shen | Bloomberg | Getty Images China is leaving behind pandemic lockdowns, and U.S. companies…
Wendy’s drive-thru lanes struggle, while Chick-fil-A has fastest service, report says
A worker hands a customer their order in the drive-through of a Wendy’s fast food restaurant in Pinole, California, on Wednesday, May 25, 2022. David Paul Morris | Bloomberg |…
Inflation can’t stop breakfast sales as workers return to offices
Consumers may be dining out less, but breakfast sales are holding steady as people return to offices and grab a quick bite or iced coffee on the way to work.…
Taco Bell exams its personal meat change forward of Beyond Meat release later this 12 months
Taco Bell’s new Crispy Melt Taco, made with a plant-based meat change Source: Taco Bell Taco Bell is trying out a plant-based meat change made out of soy and pea…
There is deflation in some pieces as Wingstop notes losing hen wing costs
Three months in the past, Wingstop put a shocker in its income unlock: It was once seeing DEFLATION in bone-in hen wing prices. The hen chain reiterated the craze with…
2020 modified economic system in techniques we will’t perceive but
National Guard troops pose for photographers at the East Front of the U.S. Capitol the day after the House of Representatives voted to question President Donald Trump for the second…