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— CNBC's Amelia Lucas - 7 McDonald's - 3 Chris Kempczinski - 3 baristas - 2 Bud - 2 John David Rainey - 1 John Furner - 1 Furner - 1
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Search resuls for: "— CNBC's Amelia Lucas"


10 mentions found


☆ Walmart says more diners are buying its groceries as fast food gets pricey
  + stars: | 2024-05-16 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com   time to read: +3 min
Walmart wants diners to find a value meal in its grocery aisles. As fast food gets pricier, the nation's largest grocer sees a sales opportunity. As customers see some grocery items stay the same price or even become cheaper, the gap between buying menu items and cooking food at home has grown even wider, he said. As of April, the price of food at home, a category that measures the total cost of food purchased at grocers or other food stores, was up 1.1% year over year. The price of food away from home rose significantly more: 4.1% year over year.
Persons: John David Rainey, McDonald's, Chris Kempczinski, John Furner, Furner, — CNBC's Amelia Lucas Organizations: Walmart, CNBC, Yum Brands, Management Solutions, Restaurant, U.S . Labor Department, Walmart U.S Locations: U.S, Connecticut
☆ McDonald's $5 value meal is coming in June — and staying for just a month
  + stars: | 2024-05-15 | by ( Kate Rogers | ) www.cnbc.com   time to read: +2 min
McDonald's is set to offer a $5 value meal in the U.S., but only for a limited time. "We know how much it means to our customers when McDonald's offers meaningful value and communicates it through national advertising. That's been true since our very beginning and never more important than it is today," McDonald's said in a statement to CNBC. CNBC last week reported the fast-food giant was working to bring a value offering to menus, with details being discussed and voted on by franchisees. McDonald's recently reported a mixed first quarter, with U.S. same-store sales slightly missing expectations.
Persons: That's, McDonald's, Chris Kempczinski, John Palmaccio, — CNBC's Amelia Lucas Organizations: CNBC, U.S, National Advertising Fund Locations: U.S
☆ McDonald’s is working to introduce a $5 value meal
  + stars: | 2024-05-10 | by ( Kate Rogers | ) www.cnbc.com   time to read: +2 min
McDonald's is working to introduce a value meal in U.S. stores to help offset an increasingly challenging environment for consumers, two people familiar with the matter told CNBC. The value meal was first reported by Bloomberg News. The potential new offering comes at a time when low-income consumers are beginning to pull back on spending, particularly at fast-food brands. Mentions of low-income consumers on company earnings calls are at their highest levels in nearly two years, according to data from Bank of America. An initial proposal by McDonald's for the $5 value meal did not clear necessary hurdles, and additional details are now being discussed, according to a person familiar with the process.
Persons: McDonald's, Dave, Buster's, Chris Kempczinski, Kempczinski, Ian Borden, — CNBC's Amelia Lucas Organizations: CNBC, Bloomberg News, Bank of America, McDonald's, U.S Locations: U.S
☆ Target is rolling out Starbucks curbside pickup across the country as it looks for sales jolt
  + stars: | 2023-08-09 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com   time to read: +3 min
Target is looking to jolt sales by adding Starbucks drinks and food to its curbside pickup service at stores across the country. The retailer began testing the Starbucks curbside pickup service at some stores in the fall. Target's curbside pickup service, Drive Up, helped fuel the company's e-commerce and sales growth during the Covid-19 pandemic. Yet, according to Target, curbside pickup has led to more business. That explains why Target has added other features and more items to curbside pickup, including beer and wine.
Persons: curbside, Target, Howard Schultz, — CNBC's Amelia Lucas Organizations: Target, Starbucks
☆ Starbucks files labor complaint against union over Pride decor allegations
  + stars: | 2023-06-27 | by ( Kate Rogers | ) www.cnbc.com   time to read: +6 min
Protesters in Seattle join a Starbucks Workers United strike over what the union alleges is a change in policy over Pride décor in stores. More than 150 stores pledged to join the strikes around the country, representing nearly 3,500 workers, Workers United said. In the NLRB complaint Monday tied to the union's allegations, Starbucks said the "union and its agents have engaged in a smear campaign that includes deliberate misrepresentations to Starbucks partners." "The union's violations have ignited and inflamed workplace tension and division and provoked strikes and other business disruptions in Starbucks stores," Starbucks said in the filing. "While attacking the union that represents its own workers, Starbucks has now changed its policies in response to worker actions.
Persons: baristas, Sara Trilling, Trilling, Bud, — CNBC's Amelia Lucas Organizations: Starbucks Workers United, Pride, Starbucks, National Labor Relations Board, Starbucks Workers, Workers, U.S, North America, Conservative Locations: Seattle, America
☆ Starbucks union says workers at more than 150 stores will strike over Pride decor
  + stars: | 2023-06-23 | by ( Kate Rogers | ) www.cnbc.com   time to read: +6 min
Some organized Starbucks stores will strike across the U.S. starting Friday in Seattle after the coffee giant and the union representing baristas publicly clashed over claims that the company was not allowing Pride month decor in cafes. The union, Starbucks Workers United, said more than 150 stores representing nearly 3,500 workers have pledged to join the strikes, which will take place over the next week. Pride month in June," the company said last week, adding that it unwaveringly supports the LGBTQ+ community. Workers United has alleged instances in at least 22 states when workers have not been able to decorate, pointing to social media accounts where workers have documented their claims. The Starbucks workers are also striking over claims that Starbucks is dragging its feet on negotiating contracts.
Persons: baristas, May Jensen, Lynne Fox, Parker Davis, Davis, Bud, Mari Cosgrove, Cosgrove, — CNBC's Amelia Lucas Organizations: Starbucks, Highland, Parade, U.S, Starbucks Workers, Workers United, Partner Resources, CNBC, Target, Workers Locations: Hollywood, Los Angeles, Seattle, U.S, America, San Antonio , Texas, Oklahoma
☆ Cava prices IPO at $22 per share, above stated range
  + stars: | 2023-06-14 | by ( Sara Salinas | In Saracsalinas | ) www.cnbc.com   time to read: +1 min
Mediterranean fast-casual restaurant chain Cava priced its initial public offering at $22 per share, above a previously stated range, the company said Wednesday. Cava said it sold 14.4 million shares, which at a price of $22 per share, raises nearly $318 million. At $22 per share, the company is valued at roughly $2.45 billion, based on an outstanding share count of more than 111 million shares. Last year, Cava reported net sales of $564.1 million, up 12.8% from the year prior. However, its reported net loss was $59 million, wider than a net loss of $37.1 million in 2021.
Persons: Cava, — CNBC's Amelia Lucas Locations: Cava, Pasadena , California
☆ Starbucks fired the employee responsible for igniting the Starbucks Workers United union campaign
  + stars: | 2023-04-01 | by ( Ashley Capoot | ) www.cnbc.com   time to read: +4 min
Starbucks fired Alexis Rizzo, the employee responsible for igniting the Starbucks Workers United union campaign, just days after the company's former CEO Howard Schultz testified on Capitol Hill about the coffee chain's alleged union-busting, CNBC confirmed. Starbucks Workers United announced Rizzo's termination in a tweet Saturday and said in a corresponding GoFundMe page that "this is retaliation at its worst." It was like my family," Rizzo told CNBC in an interview. Schultz faced a volley of tough questions from Sen. Bernie Sanders Wednesday about Starbucks' labor and union practices. Nearly 300 Starbucks cafes have voted to unionize under Starbucks Workers United, according to data from the National Labor Relations Board.
☆ Sandwich chain Subway is exploring a possible sale
  + stars: | 2023-02-14 | by ( Noah Sheidlower | ) www.cnbc.com   time to read: +2 min
In this photo illustration, a Subway sandwich is seen on a table at a Subway restaurant on January 12, 2023 in Austin, Texas. Sandwich giant Subway confirmed Tuesday it is exploring a possible sale. Subway said Tuesday JP Morgan is advising the Connecticut-based company and will conduct the sale exploration process. Subway, which has over 37,000 restaurants in more than 100 countries, said earlier this month its same-store sales climbed 9.2% last year. Same-store sales at North American locations jumped 7.8% in 2022, Subway said, surpassing decade-old average weekly sales records.
☆ Delta and Starbucks link their loyalty programs in a bid for repeat customers
  + stars: | 2022-10-12 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +2 min
Delta Air Lines and Starbucks are linking their loyalty programs, marking the latest move by the companies to expand the appeal of their rewards programs and boost sales. Starting Wednesday, members of Delta's SkyMiles loyalty program can earn one mile for each $1 spent at Starbucks after connecting the accounts. According to Starbucks' website, with 150 stars, loyalty program members can get a coffee drink, such as a cappuccino. Customers can earn both SkyMiles and Starbucks stars with each purchase, a Starbucks spokeswoman said. At its recent investor day, Starbucks said it planned to link its rewards program to other loyalty programs.
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