Rival online takeout services Seamless North America and GrubHub will combine and create a company covering more than 20,000 restaurants in 500 U.S. cities.» Read More
Rival online takeout services Seamless North America and GrubHub will combine and create a company covering more than 20,000 restaurants in 500 U.S. cities.
Hoping to increase sales and traffic in their restaurants, fast-food and fast-casual operators are cranking up the menu innovation to produce items that stray from the gastronomic norm.
BRUSSELS, May 18- Critics ridiculed European Union bureaucrats on Saturday for taking time off fighting the euro zone's debt crisis to impose strict new rules on how restaurants serve olive oil. "If the European Union was logical and properly run, people wouldn't be so anti- Europe.
Restaurant owners are worried that a tough new drunk driving law, which would make it illegal to drive with at blood-alcohol content level above 0.05, may hurt their business.
May 16- The New York attorney general's office on Thursday said it was investigating allegations that fast-food operators in the state are underpaying workers in violation of labor laws. The announcement came on the heels of a survey of 500 New York City fast-food employees at chains such as McDonald's Corp, Burger King and Domino's Pizza.
Among the stock activity stories for Thursday, May 16, from AP Business News:. _ Shares of Jack in the Box Inc. fell after the fast-food operator reported disappointing fiscal second-quarter revenue and was downgraded by at least one analyst.
Shares of Jack in the Box Inc. fell Thursday after the fast-food operator reported disappointing fiscal second-quarter revenue and was downgraded by at least one analyst. Jack in the Box also said it expects earnings from continuing operations of $1.55 and $1.65 per share for the full year. It also franchises Qdoba Mexican Grill sites across North America.
Some hotels are now catering to tired guests by offering services such as in-room cocktail programs; and sleep concierge programs, in an attempt to meet customers' need to relax, reports CNBC's Steve Liesman.
The Gulf's clout as an international tourism destination is growing, with 15 million visitors expected in Dubai alone by 2015. Arne Sorenson, CEO of Marriott International, tells CNBC how he's looking to capitalize on shifting trends in the region.
The UAE and Saudi Arabia big drivers for the InterContinental Hotels Group, the world's largest hotel by number of rooms. Richard Solomons, the firm's CEO, discusses the drivers of regional demand, and why Africa is not on his priority list.
Burger King will unveil its 2013 summer menu plans, highlighted by a new, limited-time BK Rib Sandwich, which is boneless like McDonald's McRib.
Paul Kerr, Small Luxury Hotels of the World CEO, explains how his company is profiting by offering guests a unique experience not found at the larger hotels and resorts.
Tim Hortons Inc. said Tuesday that it will buy back up to 1.27 million of its shares as part of a private agreement with an unnamed third party. The restaurant chain, based in Canada, sells coffee, sandwiches and doughnuts at its chain of roughly 4,288 sites in North America.
Yum Brands' Taco Bell is quietly testing a waffle taco at three Southern California locations, as it looks to expand its breakfast offerings.
May 10- KFC parent Yum Brands Inc reported on Friday an estimated 29 percent drop in April sales at established restaurants in China, where a bird flu outbreak is pummeling sales that were recovering from an earlier food safety scare.
The protests in the Motor City- which is struggling to recover from the hollowing out of its auto manufacturing sector- marked an expansion in organized actions by fast-food workers from ubiquitous chains owned by McDonald's Corp, Burger King Worldwide and KFC, Taco Bell and Pizza Hut parent Yum Brands Inc..
SHANGHAI, May 10- Yum Brands Inc, the largest foreign fast-food chain in China, is strengthening its media strategy in the country in a bid to win back customer loyalty after a series of food scares that decimated sales this year. An avian flu scare earlier this year and reports of false mutton being sold in China have affected both its KFC and Little Sheep chains.
McDonald's said it is phasing out its one-third pound Angus burgers from U.S. menus, amid high beef prices.
May 9- Orbitz Worldwide Inc., the online travel agency, reported a quarterly profit on Thursday and forecast revenue for the current quarter above Wall Street's estimates, sending its shares up 23 percent above their high for the year.