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Coke’s $5.1 Billion Costa Coffee Purchase Continues Cafe Consolidation Wave

3 weeks ago

This gives Coke a cafe brand with a global footprint to play with. Now if we can just avoid coffee shop overload ...

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Yum China Rejected a Very Generous Buyout Deal

3 weeks ago

A 28% premium to last close is nothing to scoff at and reject out of hand. Management must have a lot of confidence or hubris that they will get back there.

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Papa John Tells Papa John’s Employees Only He Can Save Papa John’s

1 month ago

This man's ego is going to destroy the company he built.

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Wendy’s Sells Stake in Arby’s Parent Company for $450 Million

1 month ago

It was the last remaining stake that Wendy's had in Arby's, which it formerly owned. The influx of cash (about $335 million after taxes) will go towards stock buybacks and investing in undefined general company growth.

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Activists Try to Kick Trump Appointees Out of McDonald’s Labor Dispute

1 month ago

Two of Trump’s appointees to the National Labor Relations Board have previously worked as attorneys advising franchise owners in how to deal with the "Fight for $15" movement. It's unlikely that they could objectively weigh in on a labor dispute centered around that same movement.

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China Sovereign Fund Pushes $13 Billion Yum China Takeover

1 month ago

Yum China has less than a fourth of the number of restaurants as its U.S. sibling, but it's market cap is more than half of it, which points to the optimism for its growth in a market that, unlike the U.S., is not completely oversaturated.

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Chipotle Forges Ahead With Its Comeback Plan

1 month ago

Later operating hours, cheap tacos, more bacon. CEO Brian Niccol is taking what worked at Taco Bell and plugging it into Chipotle's playbook.

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Papa John’s Comeback Plan Depends on Getting Rid of John

1 month ago

Papa John's was already having sales troubles earlier this year, before the fallout with the company's founder. Now, however, the situation is exponentially worse: the company is expecting an unspecified number of store closures and potentially double-digit sales declines by the end of the year.

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Smaller Restaurants Miss on Growth Numbers This Earnings Season

2 months ago

Restaurant company stock performance may not be indicative of consumer sentiment, but it does indicate potential business troubles that could cause rocky days ahead for even beloved brands.

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Pizza Hut Is Still Losing Even as a Rival Stumbles

2 months ago

If there's a competitive sales lift to be had from Papa John's disastrous summer, Pizza Hut isn't seeing it.

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Starbucks Partners With Alibaba to Roll Out Delivery in China

2 months ago

Starbucks is betting that this partnership will help triple the coffee chain's revenues in the country in the next five years. The power of delivery is not to be underestimated here.

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The Cheesecake Factory Struggles With Rising Labor Costs

2 months ago

Labor costs took up 36 percent of Cheesecake Factory's total sales, and management isn't happy with it. We expect to see the company testing different methods of labor cost-cutting in the near future.