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☆ Red Lobster closing at least 99 locations as its future comes into question
▼ + stars: | 2024-05-14 | by ( Rob Wile | ) www.cnbc.com time to read: +2 min

A sign is posted on the exterior of a Red Lobster restaurant on April 17, 2024 in Rohnert Park, California. At least 99 locations of Red Lobster are being auctioned off amid questions about the stalwart seafood chain's long-term future. Last month, CNBC reported Red Lobster was seeking a buyer as it looked to avoid a bankruptcy filing, but none have materialized. Earlier this year, Thai Union, the largest investor in Red Lobster, announced it was seeking to exit its position. Red Lobster did not immediately respond to a request for comment.

Persons: Neal Sherman Organizations: TAGeX Brands, Business, CNBC, Thai Union Locations: Rohnert Park , California, Denver, Indianapolis, Rochester , New York, Sacramento , California, San Antonio, San Diego, U.S, Thai Union, Thai

☆ The $5 McDonald's meal may be making a grand comeback — but only for a month
▼ + stars: | 2024-05-13 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

McDonald's reportedly plans to launch a limited-time $5 meal. AdvertisementMcDonald's is looking to launch a $5 meal in the US in a move to bring back price-sensitive customers. CEO Chris Kempczinski said McDonald's has local value meals around the US, but no standard national offering like competitors do. A meal consisting of the same four items — a McChicken, fries, a drink, and four-piece chicken nuggets — costs $18.26 in downtown New York City. AdvertisementThe new bundle would be priced lower than a Happy Meal, which starts at $6.39 in downtown Manhattan.

Persons: McDonald's, —, Ian Borden, they're, Chris Kempczinski, Gunther Plosch Organizations: Service, Bloomberg, Restaurant Business, Customers, downtown, Burger King, Restaurant Brands Locations: New York City, downtown San Francisco, Manhattan

☆ 6 luxury brands, from Coach to Gucci, that have gotten into the restaurant game
▼ + stars: | 2024-05-07 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

Here are six luxury brands that have opened restaurants around the world. Gotham/GC Images/Getty ImagesCoachIn March, Coach opened its first-ever restaurant, called The Coach Restaurant, in Jakarta, Indonesia. The brand opened a second location in Tokyo in 2021, in its seven-story flagship in Ginza. Dior also has the Mediterranean restaurant Dior des Lices in Saint Tropez. At its Paris flagship, the French luxury fashion house has La Pâtisserie Dior and the restaurant Monsieur Dior.

Persons: —, Ralph Lauren, Ralph Lauren's, Z, Osmud Rahman, Rahman, what's, Jessica Chastain, Louis Vuitton, Café, Ginza . Louis Vuitton, Arnaud Donckele, Maxime Frédéric, Dior Dior, Dior, Monsieur Dior, Anne, Sophie Pic, Dominique Maître, Gucci Gucci, Gucci Osteria, Massimo Bottura, Tiffany, Daniel Boulud Organizations: Service, Business, Toronto Metropolitan University's School of Fashion, Canadian, Globe, Michigan, Polo, Polo Bar, New, New York, Ginza . Louis, Louis, Dior, Kansai International Airport, Dior des Lices, Paris, Michelin, Penske Media, Getty, Tiffany, Co, South, Harrods Locations: Chicago, millennials, New York City, York, Miami , Virginia, New York, Milan, Paris, Chengdu, China, Midtown, Jakarta, Indonesia, Jakarta's Grand, Osaka, Japan, Tokyo, Ginza ., Saint Tropez, Bangkok, Thailand, Europe, US, Asia, Seoul, Miami, Florence, Italy, Italian, Beverly Hills, The Florence, Tiffany, South Coast, Costa Mesa , California, London

☆ Red Lobster brought seafood to the masses. Now it’s on the verge of bankruptcy
▼ + stars: | 2024-05-03 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +11 min

While it was a delicious deal for customers, it was terrible for the company: Red Lobster lost $3.3 million in seven weeks. The deal was once again too popular, and Red Lobster was unprepared for its customers’ insatiable lust for discounted shellfish. Red Lobster is now reportedly considering filing for bankruptcy protection to restructure its debt and shed some of its 650 US locations. Red Lobster stallsBut Red Lobster fell behind its sister brand Olive Garden under Darden. In 2021 and 2022, Red Lobster brought on a new CEO, chief marketing officer, chief financial officer and chief information officer.

Persons: Lobster, “, ”, John Gordon, Michael Nagle, Alex Susskind, General Mills, Bill Darden, Charley Woodsby, Darden, ” Woodsby, Jonathan Maze, Betty Crocker, Red, Glen Martin, Mills, ” Joe Lee, Olive, Red Lobster’s, “ Darden, ” Les Foreman, Justin Sullivan, they’ve, Les Foreman, Thiraphong Chansiri, ” “, ” Chansiri Organizations: New, New York CNN, Lobster, Thai Union, Bloomberg, Getty, Red Lobster, CNN, Cornell University, Baby Boomers, General, Howard, Restaurant Business, Darden, Denver Post, Harvard Business School, Longhorn, Darden Restaurants, Gate, ‘, Thai, “, ” Thai Locations: New York, United States, Bangkok, Thai, underinvestment, Lakeland , Florida, Orlando, America, Olive, Sale, Thai Union, Thailand

☆ Red Lobster Isn't Nearing Bankruptcy Because of Endless Shrimp
▼ + stars: | 2024-05-01 | by ( Emily Stewart | ) www.businessinsider.com time to read: +9 min

While Red Lobster increased traffic somewhat, people coming in to chow down on all-you-can-eat shrimp was a money bleeder. But the story about what's gone wrong with Red Lobster is much more complicated than a bunch of stoners pigging out on shrimp (and, later, lobster) en masse. Red Lobster first opened in Lakeland, Florida, in 1968 and was acquired by the food conglomerate General Mills in 1970. "What's truly happened with Red Lobster is that the consumer base has changed and Red Lobster hasn't," he said. "Red Lobster isn't losing to a competitor in their space — they're losing to competitors outside their space."

Persons: It's, what's, Jonathan Maze, Mills, General Mills, Olive, Darden, Red, Eileen Appelbaum, isn't, they've, it's, Keith Bedford, Darren Tristano, John Gordon, Kim Lopdrup, Red Lobster's, He's, Jonathan Tibus, Gordon, Tristano, You've, Emily Stewart Organizations: Bloomberg, Restaurant Business, Olive Garden, LongHorn, Darden, Golden Gate, American Realty, Lobster, Center for Economic, Policy Research, Thai Union, Seafood Alliance, Thai, Fortress Investment Group, Reuters, Business Locations: chow, Lakeland , Florida, San Francisco, Thai, Thailand, Thai Union, Golden, San Diego

☆ Chain restaurants like Chili's are coming for fast-food giants in the latest bout of the value wars
▼ + stars: | 2024-04-30 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +11 min

As fast-food prices increase, customers are finding more value in chain restaurants. Chains like Chili's are rolling out deals and portion sizes that could best fast-food chains. Chili's new Big Smasher burger is the latest offensive move in the value wars. The Big Smasher burger, Chili's newest menu item, was served in the company's test kitchen before its official launch on April 29. And if the sheer size and taste of the Chili's burger are anything to go by, it has a shot at beating fast-food chains in the value wars.

Persons: —, margarita, It's, Applebee's, John Peyton, Cate Gillon, Ian Borden, Scott Rodrick, Chris Kempczinski, Borden, McDonald's, Erin McDowell, We've, we've, Brian Paquette, Paquette, Big, Chili's, Richard Levine, Corbis, Felix Organizations: Service, Dallas, Mac, Business, Dine, Restaurant, UBS Global Consumer, Retail Conference, CNN, CBS News, Getty, Bloomberg Locations: New York, New York City, California, , New York

☆ The rapid rise and fall of ghost kitchens
▼ + stars: | 2024-04-14 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

Ghost kitchens are restaurants with no storefront and no seating that customers never see and which only do delivery. Several influencers and celebrities have used ghost kitchens to produce their own lines of food, like YouTuber Jimmy Donaldson, known online as Mr. AdvertisementAnd as quality issues and late delivery times worsen, some ghost kitchens are starting to see legal challenges. Cracker Barrel also opened its own virtual restaurant using CloudKitchens, another ghost kitchen group, according to Restaurant Business. The company owns three virtual brands, Banda Burrito, The Meltdown, and Burger Den.

Persons: —, Jimmy Donaldson, Burger, Noah Schnapp, It's, TenderFix, Brinker, Kevin Hochman, Donaldson, MrBeast, Travis Kalanick, Kelli Valade Organizations: Service, Business, The New York Times, Kroger, Times, Restaurant Business, Banda, Denny's

☆ Forget Recession, New York City Is Entering a Wild New Gilded Age
▼ + stars: | 2024-04-04 | by ( Linette Lopez | ) www.businessinsider.com time to read: +16 min

In a country roiled by recession worries, those at the top of New York City — for better or worse — couldn't give a single gilded shit. For New York City, a brush with death called for a time of decadence. "New York City's restaurants and bars are experiencing an uneven pandemic recovery nearly four years after COVID-19 struck our city," Andrew Rigie, the executive director of the New York City Hospitality Alliance, said. AdvertisementIf a pandemic can't defeat New York City, a little inflation certainly isn't going to do it. And what that looks like is the affluent in New York City eating caviar, and poorer Americans eating cereal.

Persons: Steve Jobs, it's, Jennifer Saesue, Saesue, Fish Cheeks, Z, bistros, James Murphy, us Carbone, Casas — Cruz, Cipriani, Jean, Georges Vongerichten, Bongo, Andrew Rigie, Corey Mintz, we're, WK Kellogg, Gary Pilnick, Gary Pilnick's Organizations: Grand Prospect Hall, New, New York City, Apple, Mastercard, Chefs, Casas, Soho House, Bangkok Supper, Village, IBA, Hospitality Alliance, Nationwide, National Restaurant Association, Nasdaq, The University of Michigan Consumer, UBS, New York Locations: New York City, New York, Rome, Xinjiang, New, Manhattan, Coqodaq, Las Vegas, York, Bangkok, Hell, TouchBistro, Brooklyn, The Bronx

☆ 'Too few college-educated men': A look at why many women undergo egg freezing, and the costs associated with it
▼ + stars: | 2024-03-30 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +6 min

Women who choose to undergo reproductive technology procedures such as egg freezing face a long road riddled with obstacles. Here's a look into the driving forces behind egg freezing and the financial, social and emotional costs that come with it — based on personal experiences from women across the country. She wanted to remove some of the stigma around egg freezing and give her followers an inside look at the arduous process. The benefits are high, but so are the costsWhile the benefits of egg freezing are certainly enormous, so too are the associated costs. Many women need multiple egg freezing cycles, especially as they grow older and egg number and quality begin to deteriorate.

Persons: Lynn Curry, cryopreservation dewar, Roselle Chen, That's, Marcia Inhorn, Inhorn, Nicole Noyes, Aimee Eyvazzadeh, Noyes, Eyvazzadeh, Serena Kerrigan, Kerrigan, Jenny Hayes Edwards, Hayes Edwards Organizations: Huntsville Reproductive, Reuters, Life Sciences, Women, Yale University, CNBC, Nutrition Locations: Huntsville, Madison , Alabama, U.S, Alabama, United States, America, New York, California, Colorado

☆ Subway's about to become the latest chain that asks you: 'Is Pepsi OK?'
▼ + stars: | 2024-03-20 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

Under a 10-year agreement, Subway will start selling drinks including Pepsi, Mountain Dew, Tropicana, and Lipton. Subway's US stores will start making the switch in January 2025. AdvertisementCoke fans, watch out — Subway is ditching the drinks supplier in favor of rival Pepsi in the US. Subway announced on Tuesday that it had signed a 10-year agreement to supply PepsiCo drinks at its US stores from the start of 2025. This means that as well as Pepsi, Subway customers will also be able to get other beverages such as Mountain Dew, Tropicana, Lipton, and Gatorade.

Persons: Lipton, —, Arby's, Culver's Organizations: Pepsi, Subway's, Service, . Subway, PepsiCo, Subway, Tropicana, Lipton, Gatorade, Cola, Restaurant Business, Coca, Business Locations: Canada, Germany, Netherlands

☆ Wendy’s says it won’t use surge pricing
▼ + stars: | 2024-02-28 | by ( John Towfighi | ) edition.cnn.com time to read: +5 min

It was never our plan to raise prices when customers are visiting us the most.”But the questions over what to call Wendy’s experiment – surge pricing? Dynamic pricing? Surge pricing refers to dynamic pricing, which is a way for businesses to charge more (or less) based on how many people want their products at any given time. “Surge pricing sent the message to everybody that this is mostly about increasing prices. “After considerable public pushback, Wendy’s is now framing their dynamic pricing strategy as discounts during off-peak times instead of surge pricing during peak times,” she wrote.

Persons: CNN —, Wendy’s, ”, Juan Castillo, Castillo, Chuck Bell, Uber, Mario Tama, ” Bell, ” Castillo, Jonathan Maze, ” Maze, Lindsay Owens, “ Organizations: CNN, University of Pennsylvania, “, Consumer, Los Angeles International Airport, Ticketmaster Locations: Los Angeles , California

☆ Wendy's New Dynamic Pricing Plan Isn't As Crazy As It Sounds
▼ + stars: | 2024-02-28 | by ( Emily Stewart | ) www.businessinsider.com time to read: +7 min

Knee-jerk reaction and poor messaging aside, dynamic pricing isn't really novel and may actually make some sense. Platforms such as Ticketmaster often use dynamic pricing models for concerts and sporting events. While dynamic pricing may have a long history and other fast-food chains may be watching with interest, Wendy's may have doomed its own experiment. AdvertisementWhen people think of dynamic pricing, they think of Uber and airlines. "When people think of dynamic pricing, they think of Uber and airlines.

Persons: Wendy's, it's, Kirk Tanner, aren't, John Shearer, Sean Dunlop, Jonathan Maze, Uber, they're, Dunlop, what's, doesn't, —, Biggie, Emily Stewart Organizations: Ticketmaster, Morningstar, Business, CNN, Wendy's Locations: —

☆ Wendy’s will soon begin testing surge pricing
▼ + stars: | 2024-02-27 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —The price of a Wendy’s Frosty could soon fluctuate throughout the day as the chain looks to introduce Uber-like surge pricing on its menu. The practice, known as “dynamic pricing,” will begin testing in 2025, Wendy’s recently revealed in an earnings call. Surge pricing is common with sports and concert tickets and for ride-hailing apps, with services like Ticketmaster and Uber using sophisticated dynamic pricing algorithms that change minute by minute, based on demand. However, there hasn’t been widespread adoption from restaurants because of the labor it takes employees to change menus. McDonald’s has also dabbled with dynamic pricing and new order-suggestion capabilities at some of its upgraded drive-thrus and on its app.

Persons: Wendy’s, Kirk Tanner, ” Tanner, Jonathan Maze, ”, “ Organizations: New, New York CNN, Ticketmaster, Uber, CNN Locations: New York, upselling

☆ Here are Thursday’s biggest analyst calls: Nvidia, Rivian, Sunrun, DoorDash and more
▼ + stars: | 2024-02-22 | by ( Hakyung Kim | ) www.cnbc.com time to read: +6 min

Here are Thursday's biggest calls on Wall Street: Morgan Stanley raises Nvidia price target Morgan Stanley increased its price target on shares to $795 from $750 after the chipmaker's earnings announcement. " UBS reiterates Nvidia as buy, but trims price target UBS reiterated its buy rating on Nvidia but reduced its price target to $800 from $850. Morgan Stanley upgrades DoorDash to overweight from equal weight Morgan Stanley's upgrade comes after the stock fell around 10% since its earnings report on Feb. 15. Morgan Stanley reiterates overweight rating on Rivian Automative Morgan Stanley kept its overweight rating on Rivian , but cited concerns on the company's outlook. Jefferies reiterates Sunrun as buy Jefferies also raised its price target on Sunrun to $31 from $25, implying shares nearly doubling from Wednesday's close.

Persons: Morgan Stanley, Goldman Sachs, Nvidia Goldman, Morgan, Rivian, Automative Morgan Stanley, Jefferies, Sunrun, Bernstein, Wendy's, Wendy, TD Cowen, Cowen, COTY, Cantor Fitzgerald, Root, Cantor, Remitly Organizations: NVIDIA, UBS, Nvidia, Data Center, RBC, Rivian Automotive, EV, Petrobras, ITC, Coty, BMO, Markets Locations: Argentine, China, Brazil, 2024E

☆ Indonesian President's Son Also Rises, but What Will His Role as New VP Be?
▼ + stars: | 2024-02-16 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +5 min

Many voters say they were drawn to president-in-waiting Prabowo Subianto's ticket in part because of the ex-commander having Jokowi's eldest son Gibran Rakabuming Raka as his running mate. That puts Gibran on track to be the youngest vice president in Indonesia's history. Gibran's path to the vice presidency has also raised questions about how prepared he is to step up to the national stage, even if the vice presidency is a position with limited power and influence. Past vice presidents have typically tended to play a low-key role, unless given a specific mandate by the president. Jokowi has repeatedly denied he was involved in Gibran's decision to run for mayor, and then for the vice presidency.

Persons: Ananda Teresia, Kate Lamb JAKARTA, Joko Widodo, Prabowo, Gibran Rakabuming Raka, Gibran, Jokowi, Kevin O'Rourke, Gibran's, Suharto, Kanupriya Kapoor, Kay Johnson, Raju Gopalakrishnan Locations: Jakarta, Singapore, Australia, Indonesia

☆ Wendy’s newest breakfast item is made by another fast-food chain
▼ + stars: | 2024-02-14 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —Wendy’s is sweetening its breakfast lineup with a new treat that comes from an unusual place: Another fast food chain. Also, most Cinnabon locations haven’t yet opened for the day when Wendy’s sells breakfast, which ends at 10:30 am. Perhaps Wendy’s adding cinnamon pull-aparts might entice some dissatisfied customers of McDonald’s, which last year scrapped its McCafé bakery lineup that also included a cinnamon roll. The “Cinnabon Pull-Aparts” are made from sweetened dough that’s dunked in a glaze then baked with cinnamon, brown butter and sugar. The chain previously predicted that breakfast would make 10% of its sales, with figures reaching 8.5% in 2021 before Wendy’s stopped reporting individual sales for the morning menu.

Persons: New York CNN —, Wendy’s, Cinnabon, Jonathan Maze, “, ” Maze, McDonald’s, It’s, ”, John Li, “ Cinnabon, Todd Penegor, it’s, Wendy’s Li, ” Li Organizations: New, New York CNN, Subway, CNN, Culinary Innovation, Bell Locations: New York, Indiana, Kentucky

☆ A fugitive who robbed a bank was on the run for 52 years. He told his family the truth, including his real name, shortly before he died.
▼ + stars: | 2024-02-09 | by ( Jane Ridley | ) www.businessinsider.com time to read: +6 min

In 1969, Ted Conrad stole the equivalent of $1.7 million from the bank where he worked. "We were watching TV and he said, 'You know, ladies, when I moved here, I changed my name,'" Randele told Business Insider. Ashley Randele found out her dad, Ted Conrad, was a fugitive when he confessed on his deathbed. Advertisement"When you Google Thomas Randele or Ted Conrad, all you see is a vault teller who stole money and a fugitive who was caught after dying," she said. They don't know the tipster's identity, but someone approached a crime reporter in Ohio with an interested in the case.

Persons: Ted Conrad, —, Thomas Randele, Kathy, Ashley, he'd, Randele, Conrad, Ashley Randele, didn't, they'd Organizations: Service, Business, Society National Bank, US Locations: Cleveland, Boston, Ohio

☆ For the 1st time in 7 years, Subway opened more stores than it closed
▼ + stars: | 2024-02-02 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

In 2023, for the first time since 2016, Subway opened more stores than it closed. Subway has closed thousands of stores, resulting in years of decline in net restaurant count. AdvertisementFor the first time since 2016, after years of store closures, Subway finally opened more sites than it shuttered. AdvertisementBut Subway has also been closing thousands of stores, resulting in years of net restaurant-count decline. Restaurant Business previously reported that Subway had closed more than 6,500 restaurants between 2015 and 2022.

Persons: —, Gerardo Mora, It's, Roark Capital, Jimmy John's, Dunkin, Roark, Anne's Organizations: Subway, Service, Business, . Subway, Getty, Subway Subway, North, American, Roark Locations: Mainland China, North America

☆ Subway franchisees are underwhelmed by its new $6,000 slicers
▼ + stars: | 2024-01-24 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

Last year, Subway paid to install $6,000 slicers at the chain’s 20,000 US locations in response to its rivals serving freshly sliced meat. The results, so far, have been a “mixed bag,” according to Bill Mathis, the chairman of the North American Association of Subway Franchisees (NAASF), which represents as many as half of Subway locations on the continent. Franchisee’s flaring tensionsThe candor expressed by Mathis isn’t the first time franchisees have expressed their frustration with Subway. Subway, a privately held company, highlights praise from some franchisees during its periodic financial releases. In 2022, a release featured a quote from Donna Curry, a Subway franchisee that owns about 65 locations.

Persons: Bill Mathis, ” Mathis, “, Mathis, he’s, ”, there’s, it’s, you’re, Mathis isn’t, Elisabeth DeLuca, Donna Curry, John Chidsey Organizations: New, New York CNN —, Subway, North American Association of Subway, Restaurant Business, CNN Locations: New York, NAASF

“The Bear” had a bearish night indeed, fully dominating the comedy category in its first season, winning the top prize and three acting awards. And the chaotic, darkly humorous “Beef” was the other big victor, winning best limited series, with leads Steven Yeun and Ali Wong becoming the first Asian Americans to win in their categories. Oliver tried to test the new system after winning best scripted variety show: “I’m not leaving without being played off by Anthony Anderson’s mom. You said maybe, if I win!”A BIG BEAR HUG, ER, KISSCould “The Bear” replicate its success from the Golden Globes? Yes, chef, with Jeremy Allen White and Ayo Edebiri winning for best actor and best supporting actress in a comedy, and Ebon Moss-Bachrach winning a supporting actor award.

Persons: Cousin Greg, ”, Roy, Steven Yeun, Ali Wong, Quinta Brunson, “ Abbott, ” “, Ally McBeal ”, Natasha Lyonne, Tracee Ellis Ross, Lucy ”, John Oliver beseeching, Sarah Snook, Kieran Culkin, Anthony Anderson, Mom Doris, . Anderson, Jo Koy, Anderson wasn’t, Anderson, Mister Rogers, ” Anderson, Jesus, Doris Bowman, Bowman, “, Jennifer Coolidge, Oliver, Anthony Anderson’s, Bracco, Michael Imperioli, “ Ally McBeal ”, Ellen Pompeo, Katherine Heigl, Chandra Wilson, Sandra Oh, –, Ted Danson, Kelsey Grammer, Rhea Perlman, John Ratzenberger, George Wendt, Norm, Rob Reiner, Sally Struthers, “ Martin ”, Matthew Macfadyen, Wamsbgans, Snook, ” Nicholas Braun, ” Snook, Shiv Roy, ” Kieran Culkin, Jeremy Allen White, Ayo Edebiri, Ebon Moss, Bachrach, Moss, Matty Matheson, Matheson, BURNETT, Carol Burnett, Christina Applegate, Burnett, ” Applegate, Brunson, Abbott, Isabel Sanford, Norman, —, Martin Luther King Jr, Edebiri, Niecy Nash, Betts, “ Dahmer, Jeffrey Dahmer, Nash, “ I’m, Glenda Cleveland, Sandra Bland, Breonna Taylor Organizations: “, Golden Globes, Liverpool football, HBO, Globes, WIN, WHO, Netflix Locations: Philadelphia

Dumpling Daughter CEO Nadia Liu Spellman didn't grow up in your average family-owned restaurant. That upbringing taught Liu Spellman the value of sharing authentic Chinese cuisine and inspired her to open her first Dumpling Daughter storefront in 2014. Liu Spellman married her childhood sweetheart, Kyle Spellman, and moved back to Boston at the end of 2010, the year after her father died. Three months after opening, Dumpling Daughter had lines "out the door and around the building" and frequently sold out, Liu Spellman says. Liu Spellman filed a federal lawsuit, and the competitors quickly asked to settle.

Persons: Dumpling, Nadia Liu Spellman didn't, Sally Ling's, Julia Child, Liu Spellman, Liu Spellman's, didn't, Edward Nan Liuand, Sally Ling, Nadia Liu Spellman, Sally, Kyle Spellman, —, … Organizations: Amazon, CNBC, Weston , Massachusetts . Press Locations: Boston, New York City, Fort Lee , New Jersey, Weston , Massachusetts

☆ What it really means to work smarter, not harder
▼ + stars: | 2023-12-13 | by ( Henry Blodget | ) www.businessinsider.com time to read: +7 min

Read previewOne of the most common pieces of career advice is to "work hard." This advice is common because it's sound: You rarely meet successful people who don't work hard — or, at least, have never worked hard. AdvertisementSo you have to work smart in addition to hard. In a future article, I'll talk more about how to "work smart" in your current job. How to work smarter, not just harderLet's say you think you want to have a career in the restaurant business and the only job you can get is "dishwasher."

Persons: —, I've, you'll Organizations: Service, Business

☆ Your local Subway will no longer be allowed to reject digital coupons or avoid footlong sandwich deals
▼ + stars: | 2023-12-04 | by ( Nancy Luna | ) www.businessinsider.com time to read: +4 min

Subway franchisees have been able to opt out of deals made through the chain's app. Starting December 28, the chain is forcing franchisees to honor all digital deals. Subway appThe Subway app currently shows a deal for 50 % off a footlong sandwich when you buy one at full price. A Subway franchisee from California questioned the legality of forcing operators to accept low-margin deals via the app. The California franchisee said they honor digital deals to maintain good customer relationships.

Persons: Jimmy John's, —, we've, Roark, Subway's Organizations: Service, Business, Roark Capital, FTC, Subway, Federal Trade Commission, Politico Locations: California

☆ Insight: Italy is no country for young chefs
▼ + stars: | 2023-11-25 | by ( Antonella Cinelli | ) www.reuters.com time to read: +9 min

For the past year, the 25-year-old has cooked at Piccola Cucina, an Italian restaurant in Manhattan's glitzy SoHo district, home to designer boutiques and high-end art galleries. The current outflow of Italian chefs due to difficult conditions at home is not a new phenomenon. A peep into the kitchens of even the most traditional Italian restaurants shows the local dishes are often prepared by low-paid immigrants. Partly for this reason, young chefs in Italy take home half the salary of their peers in Britain while working longer hours, Mazzei said. British people have become knowledgeable about Italian food, even learning about regional differences, he said, so he preferred to hire Italian chefs to satisfy an increasingly demanding clientele.

Persons: Davide Sanna, Brendan McDermid, Sanna, he'd, It's, Massimo Bottura, Roberto Gentile, Paese, Gentile, Di Marzo, Julio, Francesco Mazzei, Mazzei, Giorgia Meloni's, Francesco Lollobrigida, Antonio Bassu, Bassu, Gavin Jones, Daniel Flynn Organizations: REUTERS, Rights, Star, Michelin, European, European Labour Authority, Reuters, MELONI'S, PRIDE Italian, Thomson Locations: SoHo, New York City, U.S, Sardinia, New York, Italy, Italian, glitzy SoHo, Modena, Spain, Japan, France, Europe, United States, Sicily, ITALY, Le, Toulouse, Britain, Milan, Gaeta, Rome, Naples, Roman, Emilia, Peruvian, Calabria, Italy's, London, Malta, England, Sardinian, Barcelona

☆ Italy is no country for young chefs
▼ + stars: | 2023-11-25 | by ( Antonella Cinelli | ) www.reuters.com time to read: +9 min

Italy's food is famous the world over but many talented young chefs, hoping to make a career in their country, find themselves frustrated by low pay, lack of labour protection and scant prospects. The current outflow of Italian chefs due to difficult conditions at home is not a new phenomenon. A peep into the kitchens of even the most traditional Italian restaurants shows the local dishes are often prepared by low-paid immigrants. Partly for this reason, young chefs in Italy take home half the salary of their peers in Britain while working longer hours, Mazzei said. British people have become knowledgeable about Italian food, even learning about regional differences, he said, so he preferred to hire Italian chefs to satisfy an increasingly demanding clientele.

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