With off-premises ordering proving sticky, Bloomin’ Brands, parent company of several casual dining chains including Outback Steakhouse and Carrabba’s Italian Grill, is finding ways to make the economics of the various channels work in its favor. Still, the company is underperforming, and investors are taking...
Meal-kit delivery firm HelloFresh has raised its sales growth expectations and adjusted its core profit margin target to 10.25%, up from an original goal of 8.25%, Reuters wrote Monday (Nov. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
U.K.’s NatWest Group, formerly The Royal Bank of Scotland, released strong third-quarter results on Friday (Oct. 29) and a number of initiatives supporting small to medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Microsoft Corp. has overtaken Apple Inc. as the most valuable company in the U.S. for the first time in more than a year, topping $2.44 trillion in market capitalization Friday (Oct. 29), according to a report in The Wall Street Journal. Get the Full Story...
Apple may be the most valuable U.S. company, but even the clout of its $2.5 trillion market value nor its cash war chest of close to $200 billion were enough to keep the supply chain beast at bay. Get the Full Story Complete the form...
Amazon executives say increased capacity in the eCommerce company’s fulfillment network will help ensure it can meet demand for holiday shopping in the coming weeks, but the ongoing labor shortage is increasing costs and causing inefficiencies. Get the Full Story Complete the form to unlock...
Starbucks’ base of active loyalty program members continues to grow, though that growth has slowed in the past several months. On Thursday (Oct. 28), the Seattle-based company, which operates the world’s largest coffeehouse chain both in terms of the number of locations and revenue, announced...
Given that Mastercard does business in 210 countries, few companies have greater exposure to — and insight on — the global economy and the consumer and business spending trends that drive it. Get the Full Story Complete the form to unlock this article and enjoy...
Ford’s mission is to run the internal combustion engine (ICE) vehicle business for cash to fund the company’s continuing development of electric vehicles, commercial vehicles and services, connected services and autonomy/mobility, company representatives said Wednesday (Oct. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
