Engaged Capital has big stake in Portillo’s, pushing for turnaround: Sources

Engaged Capital has big stake in Portillo’s, pushing for turnaround: Sources

An employee prepares a hot dog at a Portillo’s restaurant in Chicago, Sept. 27, 2022. Christopher Dilts | Bloomberg | Getty Images Activist investor Engaged Capital has built a nearly 10% stake in Portillo’s, the struggling Chicago-based hot-dog chain, and is engaging with management on improving operations, margins and brandingĀ as the company pushes to expand … Read more

Boulder, Colorado, fosters a new generation of wellness entrepreneurs

Boulder, Colorado, fosters a new generation of wellness entrepreneurs

Boulder is the No. 2 U.S. city for quality of life, according to U.S. News and World Report. Denistangneyjr | E+ | Getty Images This story is part of CNBC’s quarterly Cities of Success series, which explores cities that have transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies and employees. … Read more