Blue Apron, the meal kit business, has agreed to be sold to food and restaurant company Wonder Group for $103 million. This deal represents a premium from Blue Apron’s previous per-share price and comes after the company’s recent transition to a more asset-light business model. Blue Apron has faced strategic difficulties in recent years, despite …
All liquor stores in Philadelphia have been closed due to looting that occurred after peaceful protests against a judge’s decision to dismiss charges against a former police officer. Police have made numerous arrests and are prepared to make more if necessary. The Pennsylvania Liquor Control Board has closed 49 retail stores after 18 were looted, …
Kyoto’s flat geography makes it perfect for long strolls. During my three-month trip in May, I found it incredibly easy to navigate the city using bustling Shijo Street, also known as Shijo-dori. I covered almost 130 miles on foot, from running errands to exploring popular attractions like Nijo Castle and Kiyomizudera. Kyoto’s traditional businesses and …
CNN — Officials announced on Friday that the US Army Corps of Engineers intends to transport 36 million gallons of freshwater each day into the lower Mississippi River near New Orleans. This action is being taken in response to the increasing threat of saltwater intrusion from the Gulf of Mexico, which is endangering the region’s …
A courier for Foodpanda, a meal-delivery service operated by Delivery Hero AG, checks his smartphone while sitting on a motorcycle at the company’s operations center in Bangkok, Thailand, on Friday, March 16, 2018. Bangkok’s famed love affair with food is spilling over to meal-delivery apps, a fledgling sector that Foodpanda projects will surge in 2018 …
The revolutionary emergence of new medications designed to combat obesity may have a significant impact on the consumption of alcohol, potentially affecting renowned brand Constellation Brands (STZ). This risk is already being observed within the food industry, particularly among companies that specialize in snacks and junk food. However, Constellation Brands, the powerful Mexican beer company …
New York CNN — These days, it’s challenging to find anything at the store for less than a dollar. However, on the occasion of National Cheeseburger Day, McDonald’s customers can enjoy a mouth-watering double cheeseburger for just 50 cents. This price is only 45 cents more than what the chain’s original hamburger cost back in …
Experience a unique shopping journey at a Carrefour supermarket! Discover the surprises that await as you browse through aisles of pastas and sauces. Image Source: Andia | Universal Images Group | Getty Images Carrefour, the well-known French grocery chain, has taken a bold and creative approach to address the issue of shrinking product sizes and …
Arm Holdings will help jump-start the IPO market, according to the venture capitalist behind Airbnb and Pinterest. FirstMark Capital’s Rick Heitzmann believes real fundamental demand for IPOs is returning. “People are looking for the new toy,” the firm’s founder and partner told CNBC’s “Fast Money” on Thursday. Chip design company Arm, which is affiliated with …
Outback Steakhouse, the renowned American-style barbecue restaurant with an Australian twist, has experienced unexpected success in Brazil while its business in the United States has slowed down. Interestingly, the South American market accounts for a staggering 83% of Bloomin’ Brands’ total international sales. In the first half of 2023, Outback’s sales in Brazil spiked by …