Brian Niccol is set to get up to $113 million in compensation as Starbucks' CEO, most of it in stock rewards.
Comparable sales are down in Starbucks' two biggest markets: the US and China. Analysts say it needs to focus on its prices.
From pricey restaurants to premium apps, the soaring cost of going on dates is pricing young singles out of the market.
Fast-food giants like McDonald's, Starbucks, and KFC reported drops in comparable US sales. In particular, lower-income consumers are cutting back.
Chipotle's Brian Niccol could make big changes as Starbucks' CEO, from how the chain attracts younger customers to its stores in China.
Analysts say Brian Niccol, who spearheaded Chipotle's turnaround, is a great pick to head up Starbucks.
Chipotle CEO Brian Niccol is set to become Starbucks' CEO. He's led a turnaround effort before, which could be good news for the coffee chain.
Food
2024-08-12T14:24:01Z
TGI Fridays and Chili's have very similar menus, but I wanted to see which chain restaurant actually has the best apps, ribs, and dessert.
The prefix "Mc" has become synonymous with the world's biggest burger chain. So have the Golden Arches.
McDonald's CEO Chris Kempczinski discussed the impact that California's $20 fast food minimum wage hike and rising prices are having on sales.
Food
2024-07-30T15:34:18Z
Some of the oldest restaurants in America have been open since the late 1600s, while others were the site of key moments during the Revolutionary War.
Burger King said that it had temporarily closed the restaurant in New York for deep cleaning and staff retraining.
McDonald's global comparable sales dropped 1%. CEO Chris Kempczinski said the company hadn't homed in strongly enough on value.
A man in Ohio had to visit the ER after a bone from a boneless wing got lodged in his throat, a lawsuit said.
Food
2024-07-25T16:05:02Z
We dined at high-end Chinese restaurant chain Mott 32. Some things, like the dessert platter, were worth it, but other dishes let us down.
There's been "some softness in away-from-home channels," Coca-Cola CEO James Quincey told investors.
McDonald's, Starbucks, Chili's, and Burger King are among the restaurants that have added new value meal options this year. For many, they're working.
Food
2024-07-16T11:09:03Z
I ordered the same meal, including biscuits and gravy and hash-brown bowls, at Cracker Barrel and Waffle House to see which had the best food.
Food
2024-07-08T11:43:27Z
The Starbucks Reserve Roastery in Chicago sells an extensive menu of upscale food and drinks not available at its normal stores.
Critics of the legislation warned that the higher wages could lead to restaurants laying off some of their workers, or even closing down.