Luckin Coffee, the Chinese coffee giant, has achieved a significant milestone by reaching 10,000 stores in China in June. This accomplishment has catapulted Luckin Coffee ahead of Starbucks as the largest coffee chain brand in the country. Luckin Coffee emerged in 2017 as a key competitor to Starbucks, offering affordable coffee options and convenient mobile …
Starbucks’ iced pumpkin cream chai tea latte. Source: Starbucks In most parts of the United States, the green foliage and warm temperatures signal the arrival of fall. However, for many restaurants and retailers, autumn has already begun. In the past, Halloween candy and pumpkin spice lattes would wait until after Labor Day before making their …
Food delivery couriers working for Meituan were seen equipped with insulated bags during a morning briefing in Beijing, China. The CEO of Meituan, Wang Xing, delivered a warning about a potential slowdown in food delivery during the upcoming quarter, causing the company’s Hong Kong-listed shares to fall by over 5% on Friday. However, Wang also …
Bacon frying in a pan. Zachary Zirlin / Eyeem | Eyeem | Getty Images Wholesale pork belly prices are on the rise, reaching near-record highs due to a combination of new animal welfare regulations in California and peak summer demand. The prices have surged over 100% year-to-date, jumping from 131.59 cents per pound in January …
Tilray Brands, a major cannabis company, is expanding its presence in the alcoholic and cannabis beverages market by acquiring brands from Molson Coors and Anheuser-Busch. This strategic move comes as legal restrictions continue to hinder the marijuana industry. On Friday, Tilray announced its acquisition of the remaining 57.5% equity ownership of cannabis-infused drinks maker Truss …
In Spain, the art of eating and drinking can be enjoyed throughout the day. The transition from one meal to the next is seamless and if you’re doing it right, you can easily lose track of time. However, it’s important to note that the Spanish have a different eating routine compared to other countries. Lunch …
Image: Jeff Greenberg | Universal Images Group | Getty Images Aldi, the German supermarket chain, has announced plans to acquire numerous Winn-Dixie and Harveys Supermarket locations across the Southern United States. This strategic move is set to expand Aldi’s growing presence in the region. In an official news release on Wednesday, Aldi revealed its intention …
At a Stop and Shop store in Dobbs Ferry, New York, US, Heinz Kraft products are neatly arranged for display. The image was captured on Tuesday, July 25, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Kraft Heinz has announced that Carlos Abrams-Rivera, the current North American president, will assume the role of CEO of …
Are you ready to indulge in a luxurious vacation? Look no further than FloridaPanhandle.com, the travel website that has analyzed costs in 100 popular vacation spots to determine the most expensive destinations. They examined average prices for accommodations, transportation, food, and attractions to give you an accurate picture of the costs involved. Here are the …
Bud Light, produced by Anheuser-Busch, is showcased on a store shelf in Miami, Florida, on July 27, 2023. Photo by Joe Raedle from Getty Images Anheuser-Busch InBev, the largest brewer in the world, greatly exceeded profit expectations in the second quarter despite a boycott of its popular Bud Light beer in the U.S., fueled by …