Whole Foods reported quarterly earnings and revenue that missed analysts' expectations on Wednesday.» Read More
Competition to snag a reservation at hot eateries borders on cutthroat. Enter Resy, a new app that can get you a table, but at a price.
When Pappas and partner C.C. Hirsch recently closed on a three-bedroom property in Windsor Terrace, Brooklyn, it didn't hurt that her favorite macchiato place was only a half-block away. "Coffee is important," says Pappas, 36, global head of audience development for YouTube. "We looked for certain markers for where homes appreciated faster than others," says Stan...
LONDON, Feb 5- A decade ago McDonald's UK business needed better menus and a fresh image to catch up with consumer tastes. The man from Watford, northwest of London, first made his mark in 2006 when he revived British sales by improving the brand's burgers, cutting the salt in its fries and introducing fresh, healthier food alongside organic milk and better coffee.
TOKYO, Feb 5- The Japanese unit of McDonald's Corp booked its first annual operating loss since going public in 2001 and its January sales plunged by a record 39 percent as food safety scandals drove customers away. The problems are an added distraction for McDonald's Corp, the world's largest restaurant chain by sales, which last month replaced its CEO with...
A crackdown in corruption in China that has hushed the once frenzied Macau casino business took its toll on Wynn Resorts in the fourth quarter.
Feb 3- Chipotle Mexican Grill Inc on Tuesday reported sales growth at established restaurants slowed in the fourth quarter and slightly missed Wall Street's estimate, sending shares down more than 6 percent in after-hours trade. Its stock trades at a rich valuation and is harshly punished when it fails to exceed Wall Street's lofty expectations.
Feb 3- Chipotle Mexican Grill Inc on Tuesday reported that the growth of sales at established restaurants decelerated from prior quarters and slightly missed Wall Street's estimate, sending shares down more than 6 percent in after-hours trade. It trades at a rich valuation and, as a result, is harshly punished when it fails to exceed Wall Street's lofty...
*Sale to generate $400 mln- $475 mln in pretax proceeds. *Forecasts 2015 adj profit of $0.33- $0.35/ shr vs est $0.39. Feb 3- Wendy's Co, the No. 3 U.S. hamburger chain by sales, said it would sell about 500 restaurants to franchisees and reduce company ownership of its outlets to about 5 percent by mid-2016.
LOS ANGELES, Feb 3- Dunkin' Donuts is expanding its U.S. menu with cold blended drinks, including a milkshake-like frozen Dunkaccino, as it and other fast-food chains seek to boost sales in a competitive market, an executive told Reuters on Tuesday. The coffee-and-doughnut chain will also offer fruit smoothies and reduced-calorie versions of its popular...
Feb 3- Wendy's Co, the No. 3 U.S. hamburger chain by sales, said it would sell about 500 restaurants to franchisees and reduce company ownership of its outlets to about 5 percent by mid-2016. Wendy's, like market leader McDonald's Corp, has been struggling in an increasingly competitive fast-food market, losing out to casual dining restaurants such as Chipotle...
Feb 3- Wendy's Co, the No. 3 U.S. hamburger chain, said it would sell about 500 restaurants to franchisees and reduce company ownership of its outlets to about 5 percent by mid-2016. "We believe this reduction in ownership will result in pretax cash proceeds of approximately $400 to $475 million and significantly reduce future capital expenditure requirements,"...
Atlantic City is engaging in another type of gamble: convincing investors to buy its junk-rated bonds.
The euro "has been a concern," but the year is shaping up to be strong for travel, a vacation rental company executive tells CNBC.
Fans still thinking about going to Sunday's Super Bowl XLIX will need to factor in game tickets, airfare and lodging logistics.
Mild weather this winter may be just what restaurants ordered, one analyst told CNBC on Friday. Here are his top picks.
At the World Economic Forum, Richard Solomons, CEO of IHG, says trusting a brand is really important within organisations and talks about his company's plans.
"Squawk Box's" Beck Quick, and Arne Sorenson, Marriott chairman & CEO, discuss the hotel's rapid growth strategy and goal of reaching one million rooms by the middle of 2015.
Regent Seven Seas cruise line unveiled what it boasts will be "the most luxurious ship" ever, and the price of a stay won't be cheap.
The strengthening dollar is pinching the country's largest international tourist market, SunTrust analyst Patrick Scholes said.
Discussing how the unfavorable foreign exchange market is hampering the hotel industry, with Patrick Scholes, SunTrust Equity Research.