Showing 1 - 10 of 12
McDonald's CEO Confronts a Supersized Challenge
Business, Heather Haddon, Published on 17/01/2022
» McDonald's Corp. chief executive Chris Kempczinski is starting the year at the helm of one of the world's most recognizable restaurant brands battling the latest coronavirus variant, rising inflation and workforce shortages.
Urban Outfitters to Take On Poshmark With Nuuly Thrift
Business, Charity L. Scott, Published on 26/08/2021
» Urban Outfitters Inc. will launch a marketplace for secondhand goods, seeking to turn its customers into sellers and keep them from turning to online resellers such as Poshmark Inc. and thredUP Inc.
Stimulus will keep flowing -- Fed chief
Business, Heather Scott, Published on 16/07/2021
» Washington: Even as US inflation has hit the highest rate in over a decade, the central bank is sticking to its guns, and will continue to provide stimulus until the economy has fully recovered, Federal Reserve chair Jerome Powell said on Wednesday.
For Startup Leaders, SPACs Have Lost Their Allure
Business, Heather Somerville, Published on 25/05/2021
» Startup chief executives are turning a cold shoulder to SPACs.
Dunkin' to Be Sold to Inspire Brands for $8.8 Billion
Business, Heather Haddon, Published on 02/11/2020
» Inspire Brands Inc. will buy Dunkin' Brands Group Inc. for $8.8 billion, the companies said, setting up one of the largest restaurant deals in years as some in the industry think beyond the coronavirus pandemic.
Retailers and Restaurants Hit in Protests, Adding to Coronavirus Damage
Business, Sarah Nassauer & Heather Haddon, Published on 02/06/2020
» Many retailers and restaurants, already crippled by the coronavirus pandemic, are grappling with damage to their properties and new closures following protests sparked by the death of George Floyd that have sometimes turned violent.
Big Restaurant, Hotel Chains Won Exemption to Get Small Business Loans
Business, Bob Davis & Heather Haddon, Published on 08/04/2020
» Shake Shack Inc. hardly seems like a small enterprise, with 7,600 employees, about $500 million in annual revenue and net income last year of $24 million. Even so, it plans to apply for a new government-guaranteed small-business loan.
Fed ramps up cash injections
Business, Heather Scott, Published on 14/03/2020
» The Federal Reserve on Thursday massively increased its efforts to keep the economy on track and quell the growing uncertainty caused by the coronavirus pandemic, injecting $1.5 trillion of cash into markets this week.
Wayfair Copied Amazon to Grow Fast. Now, It Searches for Profits
Business, Sarah Nassauer & Charity L. Scott, Published on 02/03/2020
» In nearly two decades, online home-goods seller Wayfair Inc. has grown quickly by burning through profits.
How do customers choose you – and what you can do about it
Michael F. J. Clarke – CEO & Co-founder and Scott S. Roach, PhD, Data Analyst Specialist, Kingsmen Hospitality Services, Published on 25/03/2019
» It likely comes as little surprise to any hotel manager that social media is playing an ever increasing role in consumers’ choice processes when it comes to booking a stay at a hotel. In fact, eWOM (electronic Word-of-Mouth) may play an even greater role than you may have imagined. A recent study conducted in Thailand published in the e-Review of Tourism Research states that eWOM is more effective than both advertising and promotional activities in influencing decisions about choosing a hotel. This statement has MAJOR implications for hotel managers concerned with occupancy and pricing.