Who better than teenagers to know what’s trendy? Piper Sandler has released the spring edition of its semiannual “Taking Stock With Teens Survey,” with solid results for several names in our portfolio. We love scanning the report, which looks at a wide swath of Generation Z, roughly defined as people aged 11 to 26. In … Read more
Brazilian private equity firm 3G Capital quietly sold off its 16.1% stake in Kraft Heinz in the fourth quarter, nearly nine years after masterminding the blockbuster merger of Kraft Foods and Heinz with Warren Buffett. The sale marks the end of an era for 3G. The firm’s influence over Kraft Heinz had been dwindling in … Read more
As Gatorade approaches its 60th birthday, the brand is staying spry, branching out into new categories from unflavored water to energy drink mixes. Since its founding in 1965, Gatorade has been the dominant sports drink. It accounted for 63.5% of the U.S. sports drink market in 2023, according to Euromonitor International data. Owner PepsiCo’s archrival … Read more
Jeff Greenberg | Universal Images Group | Getty Images McDonald’s signed a deal to purchase all 225 of the restaurants that comprise its Israel franchise, the American fast-food chain announced, following months of dramatically lower sales due to pro-Palestinian boycott action amid the Israel-Hamas war. The restaurant outlets have been owned by Israeli company Alonyal … Read more
In July 2020, my husband and I left Los Angeles with our two small kids, to visit his family in a small town in the Danish countryside. We didn’t realize the trip would result in a permanent move and a new adventure. When a 1700’s farmhouse came on the market, we took a chance and … Read more
.jpg "At New London Restaurant The Cocochine, Art Photography Meets Fine Dining")
The seven-seat chef’s counter looks into the kitchen proper. Photo: Justin De Souza It speaks volumes that the kitchen takes up almost a third of the restaurant. There are, remarkably, only 35 seats available here. Twenty-eight are spread across eight tables on the ground floor and exclusively available to reserve via phone, while upstairs, at … Read more
An employee wearing protective gloves hands an order to a customer through a drive-thru window at a McDonald’s Corp. restaurant in Oakland, California, U.S., on Thursday, April 9, 2020. David Paul Morris | Bloomberg | Getty Images As fast-food chains in California start to pay their workers a higher minimum wage, other business owners across … Read more
Tokyo’s Sézanne is the newly crowned winner of “Asia’s 50 Best Restaurants 2024” list. The two Michelin-starred neo-classical French restaurant, located on the 7th floor of the Four Seasons Hotel Tokyo at Marunouchi, climbed from No. 2 on the 2023 list to secure the top spot. Japan had nine restaurants make this year’s list, as … Read more
McDonald’s is planning to sell Krispy Kreme doughnuts at its restaurants nationwide by the end of 2026, the chains announced Tuesday. The rollout will start in the second half of this year, but it will take roughly two and a half years as Krispy Kreme more than doubles its distribution to satisfy the partnership. For … Read more
A sign hangs on the front of an Olive Garden restaurant on June 22, 2023 in Chicago, Illinois. Scott Olsen | Getty Images Darden Restaurants on Thursday reported mixed quarterly results as the Olive Garden owner’s same-store sales shrank for the first time since the pandemic. Shares of the company fell more than 5% in … Read more
