San Francisco could become the first U.S. city to ban toys from Happy Meals after its Board of Supervisors approved the rule in an 8-3 vote Tuesday. If Mayor Gavin Newsom is unable to overturn the ban, it will take effect late …
Starbucks drew more customers to its stores and got them to spend more money, boosting its fiscal fourth-quarter profit 86% from the same quarter a year ago. Same-store sales grew 8% in that time.
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McDonald’s has lost a $17,500 lawsuit from a former franchise manager in Brazil, who says he put on 65 pounds during his 12 years of working for the chain. The former employee blames the company’s policy of mandatory food sampl…
Whole Foods shares rose Friday after a Jeffries analyst upgraded the stock, saying the grocery’s strategy of offering lower-priced items has accelerated sales while maintaining low costs.
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Starbucks has accelerated fiscal fourth-quarter same-store sales growth thanks to increasing demand for breakfast snacks and higher-priced coffee. That’s the conclusion of a UBS analyst, who raised his stock price-target on the…