Food and drink

Deliveroo first-half losses widen as food delivery firm plans exit from the Netherlands

Deliveroo first-half losses widen as food delivery firm plans exit from the Netherlands

A Deliveroo rider near Victoria station on March 31, 2021 in London, England. Dan Kitwood | Getty Images Losses at British meal delivery firm Deliveroo swelled in the first half of 2022 while revenue growth slowed dramatically, as the disappearance of pandemic restrictions and a rise in the cost of living dented demand for online …

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Come on, America. Food isn't 'woke' | CNN

Come on, America. Food isn’t ‘woke’ | CNN

New York CNN Business  —  So, Cracker Barrel … It’s a restaurant you traditionally go to after church to eat an unholy amount of biscuits and gravy while your grandma stocks up country-themed tchotchkes and gingham-printed novelty dish towels embroidered with nonsense like “happiness is homemade.” At least that’s my memory of it. Point is, …

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There is deflation in some items as Wingstop notes dropping chicken wing prices

There is deflation in some items as Wingstop notes dropping chicken wing prices

Three months ago, Wingstop put a shocker in its earnings release: It was seeing DEFLATION in bone-in chicken wing costs. The chicken chain reiterated the trend with its latest results Thursday morning and its stock rallied 20% on the news. “We are benefiting from meaningful deflation in bone-in wings,” CEO Michael Skipworth said. At a …

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McDonald's franchisees overwhelmingly support no-confidence vote on CEO, survey shows

McDonald’s franchisees overwhelmingly support no-confidence vote on CEO, survey shows

Chris Kempczinski, McDonald’s, speaks during a press conference in New York, November 17, 2016. Shannon Stapleton | Reuters McDonald’s franchisees unhappy with changes being made to ownership terms are expressing a lack of confidence in the company’s CEO and U.S. president, according to a new survey of owners that was viewed by CNBC. The National …

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McDonald's franchisees overwhelmingly support no-confidence vote on CEO, survey shows

McDonald’s franchisees polled by an owners group overwhelmingly support no-confidence vote on CEO

Chris Kempczinski, McDonald’s, speaks during a press conference in New York, November 17, 2016. Shannon Stapleton | Reuters McDonald’s franchisees unhappy with changes being made to ownership terms are expressing a lack of confidence in the company’s CEO and U.S. president, according to a new survey of owners that was viewed by CNBC. The National …

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Why Tide Pods look like candy | CNN Business

Why Tide Pods look like candy | CNN Business

New York CNN Business  —  In 2004, Procter & Gamble was looking for a hit. It had been two decades since the consumer products conglomerate introduced Tide liquid detergent, revolutionizing the way people washed their clothes. Cheaper rivals and in-house store brands were chipping away at Tide’s dominance. P&G had also found that consumers were …

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Taco Bell’s Big Cheez-It Has a 66% Success Rate

Taco Bell’s Big Cheez-It Has a 66% Success Rate

Photo: Jonathan Dale Cheez-Its have entered the Taco Bell Extended Culinary Universe. For two weeks, the experimental fast food stalwart is product-testing a new innovation in Irvine, California: the Big Cheez-It, reported to be 16 times bigger than a normal piece. It’s the focal point of two new dishes, a Crunchwrap and a tostada. Taco Bell …

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Daily Harvest hit with lawsuits from people who say they had their gallbladders removed after consuming its product | CNN Business

Daily Harvest hit with lawsuits from people who say they had their gallbladders removed after consuming its product | CNN Business

CNN  —  Days after meal-kit service Daily Harvest announced the voluntary recall of one of its products, the company has been hit with two lawsuits from individuals who said they had their gallbladders removed after consuming it. Daily Harvest, a direct-to-consumer brand that relied on a network of online influencers to promote its products, announced …

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FDA bans Juul e-cigarettes as government pursues broader crackdown on nicotine products

FDA bans Juul e-cigarettes as government pursues broader crackdown on nicotine products

The Food and Drug Administration announced Thursday that it will ban the sale of Juul e-cigarettes in the U.S. The decision is part of the agency’s broader review of the vaping industry following years of pressure from politicians and public health groups to regulate the segment as strictly as other tobacco products after vaping became …

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Formula production at Abbott's Michigan plant delayed after flooding from severe storms | CNN

Formula production at Abbott’s Michigan plant delayed after flooding from severe storms | CNN

CNN  —  Abbott has stopped production of EleCare formula in its Sturgis, Michigan, plant after severe storms led to flooding inside the plant, the company said, probably delaying production of new formula for a few weeks. Production at the plant had restarted less than two weeks ago following a months-long closure that helped drive a …

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