Starbucks Sales Outpace Pre-Pandemic Levels

Starbucks Corp. said higher labor and supply costs are likely to linger for months, adding that it is promoting higher-end beverages such as cold coffee and could lift prices in areas to help compensate. The Seattle-based company’s outlook came as it reported

Apple, Amazon, Tesla Set to Post Results

Corporate giants from Apple Inc. to Visa Inc. are expected to report their financial results over the coming week, giving investors insight into the impact from the Covid-19 pandemic, the Delta variant and increased business costs. In all, 180 members of the

Chipotle Stock Hits a Record as Customers Return to Dining

Chipotle Mexican Grill Inc.’s CMG 11.54% shares hit a record high Wednesday as the burrito chain expressed confidence about growth, saying customers are returning to its dining rooms to eat out despite higher menu prices. Sales for the company’s quarter ended in

You're Paying More for Food—And You Might Not Know It

Eating is getting costlier for Americans as the food industry faces the steepest inflation in a decade. Big food makers and restaurant chains are raising prices, cutting their own costs and trying other strategies to offset higher expenses. Between shrinking grocery-store packages

Instacart Wants to Be an Influencer in Food Delivery

Your food-delivery apps could soon look a lot like your social-media feeds. You can thank Instacart for that. The online grocery giant announced last week that Fidji Simo, the former head of Facebook’s legacy Blue app, will succeed Instacart’s founder Apoorva Mehta

Beyond Meat's CEO Has a Holy Grail, and It's Fake Bacon

For Beyond Meat Inc. BYND -4.01% Chief Executive Ethan Brown, snark and skepticism about his company’s meatless “meat” products serve as motivational tools. Plastered on the walls of his El Segundo, Calif., office are lines from critical reviews of the company’s meat-mimicking

Au Bon Pain Bought by Restaurant Franchisee Ampex

Restaurant operator Ampex Brands is buying bakery chain Au Bon Pain, a sign of franchisees’ growing power in the U.S. food industry. The deal, which includes about $60 million in assets, shifts ownership of the muffin and coffee chain away from Panera

McDonald's Introduces Customer-Loyalty Program

McDonald’s sales have been buoyed by drive-through business and a focus on menu staples. Photo: Ron Adar/Zuma Press June 22, 2021 11:41 am ET McDonald’s Corp. MCD 0.68% said it is rolling out a loyalty program nationally next month, the latest restaurant