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Fast food chains are locked in a 'value war' for US customers

McDonald's, Starbucks, and others this week have highlighted a "value war" as customers push back o…

Dominick Reuter   


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TGI Friday's files for Chapter 11 bankruptcy

In the filing, the company listed both assets and liabilities as between $100 million and $500 mill…

Rebecca Rommen   


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Cheesemakers left reeling after a 'bizarre' heist of cheddar worth almost $400,000

Tom Calver of Westcombe Dairy said the sting was "incredibly sophisticated and also really quite su…

Maria Noyen   


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Wendy's is closing another 140 'outdated' stores as it looks to build out new higher-tech locations

Wendy's said it will close some underperforming restaurants earlier than planned, setting it up for…

Dominick Reuter   


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I've worked at Costco for over 19 years. Here are my 7 best tips for shopping there.

As a Costco employee, I know the best tips and things to do at the store, from getting an executive…

Veronica Thatcher   


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Why fast-food chains and big brands love loyalty programs

Retailers and fast-food giants like McDonald's, Starbucks, and Costco leverage loyalty programs to …

Nora Redmond   


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Peloton's new CEO has a chance to turn things around. Here's what he needs to do.

Peloton is betting that its new CEO, Peter Stern, can help turn the struggling company around after…

Madeline Berg,Mary Hanbury,Er…   


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Amazon said its shoppers keep choosing cheap items – and that's good for business

Cost-conscious consumers are turning to Amazon's Prime deals and events, the company's chiefs said.

Aditi Bharade   


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Meet the VP who works year-round to make one of the country's most controversial Halloween candies

Matt Escalante is the new VP of Brach's seasonal division, best known for its divisive candy corn. …

Katherine Tangalakis-Lippert   


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I shopped at Anthropologie and Target for fall decor. One store had a wider selection, but the other had more discounts.

This year, consumers are expected to spend $902 on average for all of their holiday shopping, up fr…

Erin McDowell   


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Peloton brings in Ford exec who helped create Apple Fitness+ to lead its turnaround effort

Peloton named Ford exec Peter Stern as its next CEO to spearhead a turnaround effort, aiming to rev…

Mary Hanbury   


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Miu Miu is hot right now — and Prada's chic sibling is helping it buck the luxury slowdown

Prada reported surging sales during the most recent quarter at Miu Miu, its Gen Z-favored brand.

Maria Noyen   


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Starbucks will add 'guardrails' to app in effort to streamline mobile ordering

Starbucks will soon start to crack down on excessive app customizations as the company aims to impr…

Erin Snodgrass   


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Starbucks to stop charging extra for non-dairy milk substitutes

On a Wednesday earnings call, Starbucks CEO Brian Niccol said the chain will stop charging extra fo…

Erin Snodgrass   


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Starbucks CEO set to announce strategy to fix the coffee chain

"When we get back to our core identity and consistently deliver a great experience, our customers w…

Dominick Reuter   


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Chipotle says ensuring 'consistent and generous portions' has taken a toll on its profitability

Chipotle executives said a recent focus on portions sizes, as well as unusual price trends for avoc…

Dominick Reuter   


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Adidas is getting back on track after Yeezy woes

Adidas sees resurgence with Q3 revenue growth, overcoming Yeezy challenges and reviving retro style…

Maria Noyen   


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I tried Popeyes' and Subway's new ghost-pepper sandwiches. They were inventive, but not spicy enough to give me a real scare.

Before becoming Halloween promotion material for fast-food chains, the pepper was the subject of ea…

Priyanka Rajput   


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Designer bags are expensive. So some people are buying luxe hand soap instead.

Bottles of generic hand soap typically cost less than $2 a bottle. But many are splurging on luxury…

Amanda Krause   


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McDonald's says store visits and sales dropped in wake of E. coli outbreak

McDonald's said daily sales took a hit as some customers avoided its restaurants during the health …

Dominick Reuter   


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McDonald's sales dropped for the 2nd quarter in a row as customers keep tightening their belts

Global sales at the Golden Arches fell 1.5%, driven by international markets, especially France, th…

Nora Redmond   


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Restaurants made big changes to cope with the pandemic. Lots of them have stuck.

"Many of the health codes restaurants observe now — sanitizing and disinfecting surfaces, maintaini…

Nora Redmond