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Archive for October 4th, 2026
Starbucks to shutter hundreds more cafes in latest turnaround move
Starbucks is closing about 250 cafes across North America this month, the latest move by the coffee giant to trim costs and improve profitability. The closures represent roughly 1% of Starbucks’ more than 18,000 company operated North American stores, according to a message to employees from Mike Grams, the company’s chief operating officer. The move […]
McDonald’s bolsters operators with billions for burger battle
Fast-food giant McDonald’s will be providing its franchisees roughly $8.5 billion to accelerate restaurant modernization, deploy technology and provide rent assistance as they face an increasingly competitive environment. The Chicago-based company, the largest hamburger chain in the world, unveiled its plan to boost its operators on Wednesday during its investor day. The $8.5 billion in […]
Canadian chain Tim Hortons bets its nation’s hockey, doughnut culture can win over American South
Doughnut chain Tim Hortons has long been a Canadian icon, a brand built on hockey and national identity as much as its coffee, often served with double cream and double sugar. Now that cold-weather menu is heading into the American South, trying to win over unfamiliar consumers. The company plans to start adding about 50 […]