McDonald’s Extra Value Meals are back, saving consumers 15% across eight new offerings that each feature an entrée, fries and drink — with more deals to follow later this year [1]. The move by McDonald’s is an attempt to win back low-income customers who’ve pulled back their spending [2]. Must Read But how much will that discount really matter to most Americans? Well, if the average U.S. household spent $3,933 eating away from home in 2023, a 15% discount on every one of those meals would add up to $60 ...

Starbucks will close 1% of its locations in the U.S. and North America and cut about 900 jobs as part of its Back to Starbucks transformation strategy, CEO Brian Niccol told employees Thursday, Sept. 25. The specialty coffee chain will close specific locations "where we’re unable to create the physical environment our customers and partners expect, or where we don’t see a path to financial performance," Niccol said in a memo sent to employees and posted on the Starbucks blog. Employees at those location ...

In the message to employees Thursday, Niccol said the company had reviewed and identified stores where the company would be "unable to to create the physical environment our customers and partners expect, or where we don't see a path to financial performance."In addition to focusing on the customer experience, Niccol has enacted additional changes to operations including a return to four days in office, beginning next month. He's also brought on a new executive team including CFO Cathy Smith, Global Chief B ...

In the meantime, we've got some news from Starbucks this morning. Let's get right over to Kate Rogers. She's got the latest on that.Hi, Kate. >> Hi, Becky. Starbucks just filing in 8K that says its board has approved a restructuring plan that will involve the closure of coffee houses and further transformation of the company's support organization as part of its back to Starbucks strategy under CEO Brian Nickel. The company expects that a majority of store closures are going to be completed by the end of th ...

Starbucks on Thursday announced it would close 1% of its North American stores in addition to sweeping layoffs. The closures amount to more than 120 shuttered locations where the company has found it is "unable to create the physical environment our customers and partners expect" or where it doesn't "see a path to financial performance," according to a statement published by the company.About 900 non-retail employees will be laid off on Friday, the company announced. "I believe these steps are necessary t ...

By Juveria Tabassum and Waylon Cunningham (Reuters) -Starbucks said on Thursday it would close underperforming stores in North America, including its iconic Seattle roastery, as CEO Brian Niccol presses ahead with his restructuring effort, which is expected to cost $1 billion in a bid to revive the company's flagging sales. The coffee chain's overall U.S. and Canada store count is expected to drop by 1%, or several hundred stores, by the end of the 2025 fiscal year. Niccol is trying to restore the chain' ...

The coffee chain is laying off about 900 employees in a turnaround bid that has involved streamlining corporate functions. ...

Starbucks said on Thursday it has approved a restructuring plan to close underperforming coffee houses in North America, and cut some jobs as the company looks to revive sales and profits under CEO Br... ...

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Toronto, Ontario--(Newsfile Corp. - September 25, 2025) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leader in acquiring and scaling emerging food brands is pleased to announce that Carma Hospitality has secured a real estate location for their first Quebec-based Rosie's Burgers ("Rosie's") in the neighbourhood of Mile End in the borough of Le Plateau-Mont-Royal, Montreal. Construction on this location is to start imminently. Rosie's is a boutique QSR restaur ...