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X @The Wall Street Journal
The Wall Street Journal· 2025-10-20 21:17
No one is cashing in on America’s craze for dumplings more than Din Tai Fung.The Taiwanese chain has a simple playbook for success: large restaurants, rapid service and a never-ending production of hand-folded soup dumplings.🥟https://t.co/OfBdCDraPq https://t.co/KErBfEr5uT ...
Starbucks' Turnaround: Watch for AI Ordering, New Drapes—and Teens
Investopedia· 2025-10-20 20:11
Core Insights - Starbucks is exploring the use of AI to enhance customer experience through its app, potentially allowing for voice orders and better personalization of preferences [2][3][7] - The company is focused on reducing friction in customer interactions and aims to serve customers quickly, with a target of serving at the counter within four minutes as part of its "Back to Starbucks" campaign [3][4] - Starbucks is undergoing a turnaround effort to revitalize sales and improve its stock performance, which has declined by about 7% this year [3] Technology and Customer Experience - The CEO envisions a future where customers can place orders by speaking into their phones, streamlining the ordering process [3][7] - Currently, Starbucks is primarily using technology behind the scenes while maintaining a warm and inviting atmosphere in its cafes [3][7] - Other hospitality businesses are cautious about using AI in customer-facing roles, often focusing on back-of-house efficiencies instead [4] Store Strategy - Starbucks has announced multiple store closures for locations that do not align with its vision and is renovating others to create a more inviting environment [5] - The company is considering enhancements such as adding rugs, drapes, and plants to improve the ambiance [5] - The goal is to encourage drive-thru and grab-and-go customers to consider staying and enjoying the café experience [5][8]
Pizza Hut UK to close 68 restaurants, 1,210 jobs to go
Reuters· 2025-10-20 16:52
Core Point - Pizza Hut UK is set to close 68 restaurants and 11 delivery sites, leading to the loss of 1,210 jobs, following the administration of the company managing its British venues [1] Company Summary - The company behind Pizza Hut's UK operations has entered administration, prompting significant closures and job losses [1] - The closures include both dine-in restaurants and delivery sites, indicating a substantial reduction in operational capacity [1] Industry Summary - The news reflects ongoing challenges within the restaurant industry, particularly for major chains like Pizza Hut, as they navigate financial difficulties and changing consumer behaviors [1]
Chords of Change: A Life Rewritten in Lyrics | Sheikh Ishtiaque | TEDxMUBC Youth
TEDx Talks· 2025-10-20 15:48
Hello everyone. >> Good afternoon. Asalamu allayikum.>> What's up MUBC. I am Na Shra and I am a chef by profession. >> That's right, a chef.I have the exact same reaction when I was called here. >> A babuchi a babuchi on the stages of TED talk. Isn't that other than insane.>> But here I am and that is exactly what I will talk about today. I want to talk about the stereotypes, >> the misconception and my mission to change the perception of how our profession is looked at in Bangladesh. But before I start, >> ...
Chipotle (NYSE: CMG) Stock Price Prediction and Forecast 2025-2030 (Oct 2025)
247Wallst· 2025-10-20 14:25
Core Insights - Chipotle Mexican Grill Inc. (NYSE: CMG) has seen a recovery in its stock price after reaching a 52-week low of $38.30, driven by the return of its popular Carne Asada offering and the "Chip-or-Treat" promotion [3] - The stock is currently 31.1% lower than at the beginning of the year, underperforming the S&P 500, but analysts maintain a positive outlook with a consensus price target suggesting nearly 30% upside in the next year [4][16] - The company has a strong following among Gen-Z consumers and loyal customers, attributed to its health-conscious menu and fast-casual dining experience [5][6] Financial Performance - Chipotle's revenue and net income have shown significant growth from 2014 to 2024, with projected revenues of $11.310 billion and net income of $1.534 billion in 2024 [10] - The stock completed a 50-for-1 split on June 26, 2024, aimed at making shares more accessible to a broader range of investors [12] Challenges and Opportunities - The company faces challenges such as inflation, fluctuating food costs, and rising labor costs, which impact profit margins and consumer spending [11] - Despite these challenges, Chipotle is investing in digital innovation and operational efficiency, which are expected to drive growth [11] Future Projections - Analysts project a year-end price of $54.67 for Chipotle, representing a potential gain of over 30% [17] - The company is expected to expand internationally, with digital ordering potentially accounting for over 50% of sales by 2026, driving higher margins [18] - By 2030, Chipotle may introduce fully automated outlets, significantly reducing labor costs and expanding catering services for corporate clients [23][24]
Denny's Serves FREE Grand Slams if a Grand Slam is Hit in the Final Post-Season Series
Globenewswire· 2025-10-20 14:24
Core Points - Denny's is offering a promotion where existing Denny's Rewards members will receive a free Original Grand Slam® breakfast if a Grand Slam is hit during the championship series [1][12] - The promotion is part of Denny's strategy to engage baseball fans and enhance brand loyalty [3][4] Promotion Details - The promotion is valid for active Denny's Rewards members only, and they must sign up before November 3, 2025, to be eligible [2][6] - The offer can be redeemed from November 3, 2025, through November 10, 2025, at participating Denny's locations [6][12] - Members will receive an email notification with a unique barcode for the free breakfast if a Grand Slam occurs during the series [12] Company Background - Denny's has been a family dining restaurant brand for over 70 years, known for providing meals at a meaningful value across various dining times [7] - As of June 25, 2025, Denny's operates 1,484 restaurants globally, with 1,422 being franchised and licensed [8]
Cracker Barrel Sets the Table for a Delicious Holiday Season with Classic Comforts and All Things Joy
Prnewswire· 2025-10-20 12:30
Core Insights - Cracker Barrel Old Country Store is launching a holiday menu featuring traditional dishes and new offerings, emphasizing the importance of family gatherings during the holiday season [1][2][5] Menu Highlights - The holiday menu includes the return of three popular dishes: Country Fried Turkey, Cinnamon Swirl French Toast, and Turkey Sausage, along with a new Breakfast Burger [2][3][4] - The Country Fried Turkey features hand-breaded turkey tenderloins with creamy herbed pan gravy, served with two sides and a choice of biscuits or corn muffins [2] - The Cinnamon Swirl French Toast is made with cinnamon streusel bread and served with eggs and a choice of bacon or sausage [3] - The new Breakfast Burger includes an all-beef patty, bacon, a sunny-side-up egg, American cheese, and Hashbrown Casserole on a buttermilk bun [4] Heat & Serve Meals - Cracker Barrel is reintroducing its Heat & Serve Holiday Meals for Thanksgiving, allowing families to enjoy a festive dinner with minimal preparation [6][8] - The Heat & Serve meals start at $114.99 and include options like Turkey n' Dressing and classic sides, available for pre-order [8][17] Commitment to Quality - The company is enhancing its training program for staff to ensure the quality of traditional recipes and new holiday offerings [10][11] - This initiative aims to improve execution and maintain the brand's commitment to homestyle cooking [10][11] Retail Experience - The Old Country Store is transformed into a festive shopping destination, offering seasonal décor and gifts that evoke holiday nostalgia [12][13] - The store features a curated collection of items, including ornaments, throws, and unique toys, enhancing the holiday shopping experience [13]
Panera Bread hires CFO
Yahoo Finance· 2025-10-20 11:10
This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. Dive Brief: Panera Bread has hired Earl Ellis as chief financial officer, effective immediately, the company said Monday in a press release. Ellis will report to CEO Paul Carbone, who was promoted from CFO to CEO earlier this year. Ellis succeeds Megan Mikolaichik, who served as interim CFO since Carbone’s transition in January. Ellis is the latest C-sui ...
GEN Korean BBQ Expands from 31 to 300 Grocery Stores Amid Rising Demand
Globenewswire· 2025-10-20 10:00
Company Overview - GEN is an innovative leader in Korean BBQ and ready-to-cook meal consumer packaged goods (CPG) solutions, expanding its grocery retail footprint through partnerships with Pavilions, Albertsons, and Vons [1][2] - The company launched its Ready-to-Cook Meats line in 31 Pavilions stores and is now expanding to over 300 Albertsons and Vons locations in Southern California [1][2] Expansion and Growth Strategy - The rapid expansion from 31 to over 300 stores within weeks indicates strong consumer demand and the effectiveness of GEN's growth strategy [2] - GEN's Ready-to-Cook line features four authentic Korean BBQ-inspired products, designed for convenience and flavor, aligning with grocery industry trends [2][6] Brand Recognition and Consumer Connection - Over 50% of consumers purchasing GEN's Ready-to-Cook meats were already familiar with the brand from its restaurants, highlighting strong brand recognition as a key driver of retail momentum [3] - The connection with consumers is reinforced through various channels, including restaurants, gift cards at Costco and Sam's Club, and social media [3] Future Product Development - GEN plans to expand its product offerings beyond the initial four meat SKUs, with new product development already underway to provide more variety and convenience [4] - The company aims to leverage growing brand recognition and market momentum to enhance its product line [4] Industry Trends - The U.S. supermarket industry sales are projected to exceed $900 billion in 2025, with retail meat sales reaching $104.6 billion in 2024, reflecting a 5% increase from the previous year [6] - Korean cuisine is one of the fastest-growing segments in the ethnic food market, with 61% of Americans expressing interest in trying Korean foods [6] - The ethnic/Asian food sections in supermarkets are expanding, with Asian food unit sales up 3.9% year-over-year and dollar sales up 4.9% [6]
X @Forbes
Forbes· 2025-10-20 00:30
A group of Florida friends thought it would be fun to open a restaurant in the 1980s that “they couldn’t get kicked out of.” Now in their 70s, they’re buying back franchises with a plan to restore the brand—from the signature wings to the orange shorts—to its cheeky glory.Read more: https://t.co/zBEdqZcmTYPhoto: Edward Linsmier for Forbes ...