Food & Drink

The restaurant industry’s recovery has somewhat stalled throughout the past several months, as the inflationary environment relentlessly lingers. But it’s not all bad news. Consumer demand for eating out remains strong and restaurants remain well-positioned as grocery costs trend higher. For some parts of the business, recovery continues to be in full swing. That is

Topline With the stock market rising significantly from its low point nearly two months ago, tech stocks appear to be back in vogue after being shunned by investors during the widespread selloff earlier this year, once again leading the market higher as investors snap up shares. Key Facts Though investors piled into defensive sectors—such as

Topline The stock market surged higher on Wednesday after a better-than-expected inflation report for July, boosting investor sentiment as consumer prices fell for the first time in months, adding to hopes that inflation may have finally peaked. Key Facts The Dow Jones Industrial Average rose 1.3%, over 400 points, while the S&P 500 gained 1.5%

When LVMH purchased Scottish whisky distillery Glenmorangie in 2004, for a cool for £300 million ($362 million), it didn’t seem entirely in-line with the company’s portfolio. While the Moët Hennessy empire was already packed with many award-winning and respected liquids, Glenmorangie felt a tad, well, traditional, in comparison. And it showed in the numbers; profits

Charlie Morrison wants to democratize salad. Right now, he doesn’t believe they’re as affordable, accessible or high quality enough to meet consumer demand. To achieve this goal, he is pulling some of the same pages from his playbook at Wingstop WING , a major public restaurant company he led for nearly 10 years. Morrison left

In an attempt to stop the multitude of bootlegged gin operations, the Gin Act of 1751 outlawed small gin distilleries in London. This law remained in place until 2008 and in 2009 Sam Galsworthy launched Sipsmith, the first gin distillery to open in London since 1820. Since 2009, according to the Office for National Statistics,

The pounding of his heartbeat was the only thing he could hear as he surveyed the traditional European room accented with crystal chandeliers. For this adventurer who had climbed one of the highest peaks in the Southern Hemisphere, this was the biggest and most thrilling challenge he had ever faced. But as some of the

Ajisen (China), a large China restaurant chain that specializes in Japanese-style noodles, has joined a food and beverage industry flock posting weak financial results for the first half of 2022 in connection with the country’s “zero Covid” lockdowns. Ajisen expects to report a net loss of 90.0 million yuan, or $13 million, to 130.0 million

Dressing up on “Sunday Funday” and restaurant-hopping for chicken and waffles, endless mimosas and DJs playing hip-hop are a few hallmarks of the growing trend of “Black brunch.” It was 97 degrees on a recent Sunday in Houston, and Amelia Baines and Tikijah Parsons were hitting their second brunch of the day. The two Black

The collaboration of the summer is here to fill the Choco Taco sized hole in your heart and stomach. Taco Bell and Milk Bar, two very different but highly beloved and innovative international brands, have teamed up to create a special treat: The Strawberry Bell Truffle. Taco Bell’s iconic Crunchy Taco shell and New York-based

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Share to Facebook Share to Twitter Share to Linkedin Long-delayed approval from the Department of Justice on Cargill and Continental Grain’s $4.5 billion acquisition of publicly traded Sanderson Farms has the barnyard buzzing: Could even more consolidation in the chicken industry be coming? Farmers, distributors and truckers — stakeholders up and down the supply chain

Topline Shares of Carvana and Beyond Meat surged Friday, making them the latest companies to be rewarded by investors after announcing layoffs or cost cuts in recent weeks amid a challenging economic environment, as Wall Street analysts have largely cheered the cost-saving measures. Key Facts Shares of Beyond Meat surged nearly 22% despite the plant-based

Topline The stock market fell Friday after the U.S. economy added back a better-than-expected 528,000 jobs in July, with investors now anticipating that a strong labor market will keep the Federal Reserve on its path of aggressive interest rate hikes to bring down inflation. Key Facts The Dow Jones Industrial Average was down 0.3%, over

During its twenty-seven-year history, Allagash Brewing Company has won its fair share of accolades and honors while developing an almost cult-like following with its Belgian-focused beers. Their signature brew, Allagash White, has won four gold medals at the Great American Beer Festival (GABF), and they were named the Brewery of the Year in 2021 at

There isn’t a lot for scenery-obsessed backpackers to discover in Necoclí, a coastal Colombian settlement sitting humbly near the tip of Antioquia Department: here, violence and narcos-related crimes are still rampant, poverty runs deep across its population of 20,000, and the humidity level constantly at 100% throughout the year. Things have gotten increasingly out of

Topline The stock market rallied on Wednesday, reversing losses from earlier this week thanks to stronger-than-expected economic data which helped offset lingering recession fears, even as Federal Reserve officials continue to promise more rate hikes to bring down inflation. Key Facts Stocks rebounded after back-to-back losing sessions earlier this week: The Dow Jones Industrial Average

After two decades as one of the leading innovators in the world of music and entertainment, Jonas Tempel was trying to figure out what was next. An off-handed comment to his friend Bradley Roulier about making popcorn cool led them to Opopop. I sat down with Tempel to learn more about Opopop, the pivot the

Amos Yoder is an Amish startup founder who faced an interesting challenge in telling the story of a new retail business he’s building called Kinfork. In his work for Keystone Family Farms, a cooperative of small, independent, family farmers in Central, Pennsylvania, Amos realized that he wasn’t building a narrative around one set of customers,

With all the talk of text message marketing, it is essential to remember that some guests prefer not to give up their phone numbers but are willing to share their email addresses. That is not to say you should stop using text messaging. However, let’s not abandon email marketing because it continues to be a