Maxwell House’s revolutionary Iced Latte with Foam Source: Kraft Heinz Maxwell House, a 131-year-old coffee brand, is seeking to revitalize itself by targeting younger consumers. Kraft Heinz, the parent company, has launched its first product in nearly a decade, the Iced Latte with Foam. related investing news Maxwell House, once a leading coffee brand, has …
Chipotle announced on Tuesday that it has partnered with Alshaya Group, a leading franchise retail operator based in Kuwait, to open Chipotle locations in the Middle East in the coming year. Currently, Chipotle owns and operates over 50 locations in Canada and Europe, as well as approximately 3,200 locations in the United States. This partnership …
Chipotle Mexican Grill has developed a cutting-edge robot that automates the process of cutting, coring, and peeling avocados for its famous guacamole. This innovation comes as the restaurant industry faces a significant labor shortage. Currently, it takes approximately 50 minutes to make a batch of Chipotle’s guacamole. However, the newly unveiled Autocado robot has the …
In early May, Sweetgreen introduced its first automated location in Naperville, Illinois. The company plans to leverage this technology to reduce labor costs and enhance the customer experience. However, it remains to be seen if customers, employees, and investors will embrace this new way of operating. Traditionally, the restaurant industry has been slow to adopt …
In the face of attacks on businesses for their support of the LGBTQ+ community, companies are finding themselves caught between expressing their values and risking backlash, including violence, from a small yet vocal segment of their customer base. Boycotts against companies like Anheuser-Busch, Target, and Disney have resulted in significant public relations issues, market share …
Starbucks workers union advocates wore union shirts at the Senate Health, Education, Labor and Pensions Committee hearing on “No Company is Above the Law: The Need to End Illegal Union Busting at Starbucks” in the Dirksen Senate Office Building on March 29, 2023. Bill Clark | Cq-roll Call, Inc. | Getty Images Check out the …
A Southwest Airlines Co. Boeing 737 passenger jet is being directed by a worker as it pushes back from a gate at Midway International Airport (MDW) in Chicago, Illinois, U.S., on Monday, Oct. 11, 2021. Photograph by Luke Sharrett, courtesy of Bloomberg. Southwest Airlines announced on Friday that it has reached a preliminary agreement with …
A captivating sight of the Starbucks vending van during its grand debut in Hangzhou, the bustling capital of China’s Zhejiang province, on June 7, 2022. Photo by Long Wei | Future Publishing | Getty Images Discover the latest buzz-worthy companies commanding attention in midday trading. Starbucks — The shares of Starbucks experienced a decline of …
Marchers with Starbucks paraded through the iconic intersection of Hollywood and Highland during the annual Pride Parade in Los Angeles on June 12, 2022 (David Mcnew | Getty Images). Strikes have begun at certain Starbucks stores in Seattle, following a public dispute between the coffee giant and the baristas’ union over claims of the company …
It is not uncommon for a company’s stock price to fluctuate significantly based on changes in its CEO. Mary Dillon, who had a successful tenure at Ulta Beauty, experienced a 20% increase in Foot Locker’s stock price when she was appointed as its CEO. This demonstrates the significant impact a CEO can have on a …