The company said on Tuesday that it is accelerating the rollout of its new delivery service. Executives believe it can take market share in an estimated $40 billion delivery category.
Category: Life
Panera Bread Rises Higher on Solid Growth, Optimistic Outlook
At the same time that it has sought to use ingredients in its menu items that consumers can trust, Panera has also worked hard to keep up with changes in the marketplace that have changed the way customers want to place orders and have items ready for them when they arrive. Coming into Tuesday’s fourth-quarter financial report, Panera investors had high hopes that the fast-casual company would be able to keep its sales and income growing at a steady pace.
The soup business has grown cold. Inside Campbell’s plan to turn up the heat.
In the research and development kitchen at Campbell Soup, chef Todd Lyons spent much of the past 18 months fine-tuning a batch of new recipes. Would shoppers go for chicken noodle soup with kale added as a healthful twist? Would a cauliflower soup seasoned with dill land in their shopping carts? Lyons was creating the culinary prototypes for two of three new lines that the packaged-food empire has rolled out on supermarket shelves in recent months.
Hershey beats 4Q profit forecasts
On a per-share basis, the Hershey, Pennsylvania-based company said it had profit of 55 cents. Earnings, adjusted for non-recurring costs, were $1.17 per share.
The Secret Behind a Property Company’s 2,500% Stock Surge
It’s been a fast ascent for college dropout Edgar “Injap” Sia, who less than a decade ago was selling barbecue chicken in the Philippines. He now leads the real estate developer with the best stock gains in Asia.
Labor nominee Puzder is facing complications separating himself from his fast-food chain
President-elect Donald Trump is expected to nominate fast food executive Andy Puzder as Secretary of Labor, a sign that he may be less labor-friendly than President Obama. Justin Mitchell reports.
Labor nominee Puzder’s confirmation hearing delayed a fourth time
Amid mounting opposition from Democrats and labor groups, the confirmation hearing for labor secretary nominee and fast-food chief executive Andrew Puzder has been delayed a fourth time. A new hearing date will not be set until the Senate receives key paperwork laying out Puzder’s financial disclosures and detailing his plan for avoiding future conflicts of interest, according to an aide for Sen. Lamar Alexander , the chairman of the Senate Committee on Health, Education, Labor and Pensions.
San Francisco, Ca – January 28: Demonstrators block traffic at the…
JANUARY 28: Demonstrators block traffic at the international arrival terminal as they protest against muslim immigration ban at San Francisco International Airport on January 28, 2017 in San Francisco, California. President Donald Trump signed an executive order Friday that suspends entry of all refugees for 120 days, indefinitely suspends the entries of all Syrian refugees, as well as barring entries from seven predominantly Muslim countries from entering for 90 days.
Get fit on the cheap? No sweat
In this June 13, 2016 photograph, Wanda Downs, left, assists Christie Purvis of Tallulah, La., with an incline bench press using dumbbells during their training session at Wyatt’s Gym in Vicksburg, Miss. Health clubs and gyms have dropped their rates … and initiation fees sharply in the years since the recession, according to the International Health, Racquet & Sportsclub Association.
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Universal Orlando announced earlier this week that it’s opening the Volcano Bay water park on May 25, just in time for Memorial Day weekend and the subsequent summertime crowds. hasn’t unveiled an official opening date for Pandora: The World of Avatar, the immersive Avatar -themed expansion at Disney’s Animal Kingdom.
4 Smart Ways to Boost Your Credit Score In 2017
Did you make a New Year’s resolution to improve your credit score in 2017? If you didn’t, maybe you should. Improving your credit score can literally save you tens of thousands of dollars in interest on your next mortgage, and it can make it much easier to qualify for the best auto financing and credit card offers.
4 Smart Ways to Boost Your Credit Score In 2017
Did you make a New Year’s resolution to improve your credit score in 2017? If you didn’t, maybe you should. Improving your credit score can literally save you tens of thousands of dollars in interest on your next mortgage, and it can make it much easier to qualify for the best auto financing and credit card offers.
1 Statistic That Shows Why McDonald’s Struggles May Continue
Management blamed the strong response to the launch of all-day breakfast for the slide in domestic comparable sales. Outside the US, performance was strong as global comps were up 2.7%.
Kraft Heinz and Oprah Form Food Joint Venture
The food company and the entertainment mogul announced Wednesday, Jan. 25, that they’d formed a joint venture called Mealtime Stories LLC , which will offer “ready to eat refrigerated products across multiple categories,” which “will make real, nutritious products more accessible to everyone.” Winfrey acquired a 10% stake in Weight Watchers , paying $43.2 million in October 2015 and joining the company’s board.
Letter: The airwaves need WUMD
We, the undersigned, have or have had a meaningful relationship with the University of Massachusetts-Dartmouth as employees, students or volunteers. And we are appalled by, protest and condemn the imminent sale of the University of Massachusetts’ beloved first-class radio station, WUMD.
McDonald’s Lags Behind Starbucks, Dunkin’ Donuts Apps and Loyalty Programs
Unlike Starbucks and Dunkin’ Donuts , the fast-food giant has yet to launch an order-and-pay app or loyalty program. In November, McDonald’s said it would roll out technology allowing customers to order and pay for food on their smartphones.
Japan Box Office: ‘Your Name’ Helps 2016 Revenue Hit Record $2.1B
The smash hit anime helped pick up the slack of Hollywood’s share which dropped after recent years of gains. The Japanese box office grew 8.5 percent, to a record $2.09 billion in 2016, lifted by the stellar performance of anime smash Your Name .
Homeless group partners with different kind of soup kitchen
Jarrett O’Hara ladles out a serving of soup at the Rooster Soup Co., the newest member of the CookNSolo restaurant group, in Philadelphia, Monday, Jan. 23, 2017. The CookNSolo restaurateurs have found a valuable use for their discarded chicken backs: … making soup for charity.
McDonald’s tops Street 4Q forecasts
The results surpassed Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.41 per share.
Here is what Tom Brady eats to stay in peak condition at an…
If you’ve ever wondered – from the couch, horizontally, picking at buffalo dip on a Sunday afternoon – what Tom Brady eats to stay in peak football shape at 39, now you can learn all about Brady’s diet from his personal chef. Boston.com ran an all-access interview with Allen Campbell, the chef employed by Brady and Giselle Bundchen to cook all their meals – and all their kids’ meals.
Hold The Storefront: How Delivery-Only “Ghost” Restaurants Are Changing Takeout
“Ghost restaurants” with no physical location are popping up across the country. Can a restaurant succeed if it’s delivery-only? Hungry New Yorkers ordering meals through such online services as Seamless or Eat24 order everything from sushi to burgers to tacos.
Top Fast Food Stocks to Buy in 2017
As the dining industry has evolved in recent years, fast-food chains have endured more than their fair share of challenges. But despite the proliferation of competing concepts, changing consumer preferences, and even food-quality scares, fast food always seems to find a way to survive and thrive thanks to its unrivaled value and relative convenience.
Popeyes Ad With Football Legend Jerry Rice Being Fried on Social Media for Racial Overtones
An advertisement that resonates with consumers can do wonders for a company, but the opposite also holds true for ads that miss the mark as fried chicken fast-food chain Popeyes Louisiana Kitchen is finding out this week. An ad from the company, which features NFL Hall of Fame wide receiver Jerry Rice wearing a helmet with a rotating face mask made of fried chicken, is causing a stir on social media.
Low Toronto temps didn’t stop a warm welcome for SHAK
Judging by the response to a “one day only” pop-up store Wednesday in Toronto, Shake Shack really needs to think about opening a restaurant in Canada. Hundreds of Torontonians withstood frigid temperatures and stood in line for hours at a Shake Shack that opened at 12:30 p.m. and closed around 6:30 p.m. At one point, the location had over 1,000 people in line, according to an Instagram post from Shake Shack’s CEO Randy Garutti .
Better Buy: Chipotle Mexican Grill, Inc. vs. Panera
Both companies have pushed the idea that they offer better food than their cheaper fast-food rivals. That has allowed them to price higher, discount less, and attract an audience seeking a better, but still relatively quick and inexpensive, meal.
European vegetables: ‘Perfect storm’ raises prices
Bad weather in Italy and Spain is likely to significantly increase the price of vegetables across northern Europe, food suppliers and supermarkets have told the BBC. One supplier said that a combination of flooding, cold weather and poor light levels had created a “perfect storm” of poor growing conditions.
Yum! Brands May Benefit From Bringing Taco Bell Staples to China
The U.S. restaurant company’s Chinese spin-off is introducing the Mexican’s fast-food chain’s Doritos Locos Tacos and Fire Sauce, and the strategy could drive revenue. Yum China Holdings , which was spun off last year from Yum! Brands ‘ , has unveiled plans to bring Taco Bell’s Doritos Locos Tacos and the popular Fire Sauce to China.
Spray this invisible, edible coating on produce and it will…
From the time a farmer harvests strawberries or green beans, they will last – at best – three weeks before they start to rot. It takes a week or two to reach the grocery store and then your fridge, giving you only a few days to eat them.
Spray this invisible, edible coating on produce and it will…
From the time a farmer harvests strawberries or green beans, they will last – at best – three weeks before they start to rot. It takes a week or two to reach the grocery store and then your fridge, giving you only a few days to eat them.
Mark Zuckerberg’s first stop on his tour of the US is Dallas,…
The billionaire Facebook CEO helped plant fruits and vegetables in a community garden in the Oak Cliff neighborhood of Dallas on Martin Luther King Jr. Day, according to his Facebook page . He also met with computer science students from a local public high school.
As OPEC Acts on Its New Year’s Resolution, U.S. Shale Pumps Away
U.S. shale is getting in the way of a New Year’s resolution by OPEC to cut production and boost the market. Producers and merchants increased their bets on lower West Texas Intermediate crude prices to the highest level since 2007 as futures held above $50 a barrel.
Kaisa Mystery Taking Time to Clear as China Builder Delays
The first property developer from China to default on dollar bonds said last week it needed more time to release earnings already delayed by about two years. It’s the kind of treatment bond investors have gotten used to.
An unlikely group of stores is becoming a major threat to…
Chains like 7-11, Wawa, and Circle K are ramping up prepared food offerings, according to Anna Kang at Nation’s Restaurant News. The convenience stores are getting ahead thanks to a few distinct advantages over traditional fast food chains.
Here’s what really happens to all those gifts you return to the store
A customer carries a TV to the checkout at a Best Buy store in Ottawa on Boxing Day, Monday, Dec. 26, 2016. Between six and nine per cent of all goods sold each year by Canadian retailers will be returned, the bulk of them in the post-holiday period.
Panera’s Self-Improvement Efforts Leading to Higher Customer Satisfaction, Better Results
A new survey indicates that the fast-casual chain is the highest-performing restaurant when it comes to pleasing its customers. In the competitive fast food and fast casual restaurant business, a number of chains have been working hard to improve their service and menus.
Is This President Obama’s Parting Shot at Gun Owners?
With just weeks to go in his administration, President Obama will see finalized a rule he pushed for three years ago to deny certain Social Security benefits recipients the right to purchase firearms, a sweeping denial of Second Amendment rights that has critics in an uproar. The rule would have the Social Security Administration feed into the national background check system its information on people getting disability benefits who have a mental health issue.
Ted Baker Sales Provide Sharp Crease for British Clothing Retailers
Ted Baker defied gloomy expectations for the British retailing sector as the self-proclaimed “global lifestyle brand” reported double-digit sales growth over the Christmas season. The clothing retailer saw retail sale grow 17.9% for the eight-week period from Nov. 13, 2016 to Jan. 7, 2017 compared with the same time period last year.
Domino’s CEO: We Aren’t Just the Delivery Guys
For Domino’s Pizza , a good part of 2017 will likely be spent on getting people to think about the brand as more than just one that delivers hot pizzas to your house. “While people still think of us as the delivery guys, the reality is that one-third of our business is done on-premise,” explained Domino’s CEO Patrick Doyle in an interview with TheStreet .
Here’s Why Weight Watchers International, Inc. Lost 46% in 2016
After reality set in and it became clear that the former talk-show host did not possess a magic way to turn the company around, its shares went on a sort of yo-yo diet. They popped on hints of good news or comments by Winfrey, then they tanked when those effects wore off: After opening 2016 at $21.34, Weight Watchers closed the year at $11.45, a 46% drop.
How Fake News Reinforced My Faith In The First Amendment
Even in an era when conspiracy theories can be shared by millions on Facebook, it’s more important than ever to stand up for free expression. I’ve been asking that question ever since the election, but Nat Hentoff’s death on Saturday really made me grapple with its substance.