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☆ How Red Lobster’s misguided endless shrimp promotion drove it into bankruptcy
▼ + stars: | 2024-05-20 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +9 min

Red Lobster filed for bankruptcy Sunday, and the bankruptcy filing sheds new light on Thai Union’s role in the endless shrimp mishap. Red Lobster said it is investigating the circumstances of that promotion, which Red Lobster management opposed. Michael Nagle/Bloomberg/Getty Images“This decision created both operational and financial issues for [Red Lobster]… saddling the company with burdensome supply obligations” to Thai Union, Red Lobster said in the filing. “Certain operational decisions by former management have harmed [Red Lobster’s] financial situation in recent years,” Red Lobster said in its bankruptcy filing. Red Lobster stallsBut Red Lobster fell behind its sister brand Olive Garden under Darden.

Persons: Michael Nagle, ”, Alex Susskind, Susskind, General Mills, Bill Darden, Charley Woodsby, Darden, ” Woodsby, Jonathan Maze, Betty Crocker, Red, Mills, Cyrus McCrimmon, ” Joe Lee, Olive, Red Lobster’s, “ Darden, ” Les Foreman, Anthony Behar, SIPPL, AP Darden, they’ve, John Gordon, “, Patrick T, Fallon, Thiraphong Chansiri, ” “, ” Chansiri Organizations: New, New York CNN, Union became Red, Thai Union, Red Lobster, Bloomberg, Getty, Cornell University, CNN, Baby Boomers, General, Howard, Restaurant Business, Darden, Lobster, Denver Post, Harvard Business School, Longhorn, AP, Gate, ‘, Thai, Getty Images Thai Union, ” Thai Locations: New York, Thai Union, Bangkok, Thai, underinvestment, Lakeland , Florida, Orlando, America, Olive, Square , New York, Sale, Torrance , California, AFP

☆ Walgreens has a cult ‘peelable’ candy, courtesy of a Tik Tok craze
▼ + stars: | 2024-04-27 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +6 min

For the beleaguered drugstore chain, the odd “Gummy Mango” candy is a much-needed win. Walgreens said it didn’t work with any paid influencer to hype up its mango gummies but that it took off organically. Walgreens is quickly following up on the success of its mango gummy with a new peelable banana gummy candy. As Esarte and his team rushed to restock the mango gummies last last year, a bigger challenge emerged. After weeks of scrambling and rushing, Walgreens is better prepared to make a bigger splash with the mango gummies.

Persons: It’s, Keonhee Kim, TikToker @Trinhdoesthings, ”, Marty Esarte, Esarte, we’ve, ” Esarte, Anthony Behar, Gen Z, China grinds, “ We’ve, Kim, Tim Wentworth, Tim, ” Kim Organizations: New, New York CNN, Walgreens, CNN, National Confectioners Association, Food Institute, Millennial, Morningstar Locations: New York, Asia, China

☆ Will the total solar eclipse disrupt your cell service?
▼ + stars: | 2024-04-06 | by ( John Towfighi | ) edition.cnn.com time to read: +8 min

CNN —As darkness envelops millions of people during Monday’s total solar eclipse, spectators will hold their cellphones skyward to capture the moment. A family looks through a pair of giant solar eclipse glasses at Veterans Memorial Park in Dripping Springs, Texas, on April 4, 2024. When the last total solar eclipse cut a path across America in 2017, AT&T reported network usage spikes up to 15% around certain cell towers in the path of totality. People view the solar eclipse at 'Top of the Rock' observatory at Rockefeller Center, August 21, 2017 in New York City. “A total eclipse of the sun is unlike any other experience that a human being can have.

Persons: Adam Davis, Shutterstock, ”, Caty Pilachowski, ” Pilachowski, Drew Angerer, Chris Serico, Serico, ” Serico, it’s, ” Verizon’s Serico, Heather Groll, ” Groll, Michelle Eng, Pichnaieu Chung, Anthony Behar, Lisa Winter, Winter, Rick Dietz, Aaron Sadler, Pilachowski, “ Organizations: CNN, Veterans Memorial, Indiana University , Bloomington, Bloomington, Rockefeller Center, Verizon, 5G, New York State Division of Homeland Security, Emergency Services, “, New, MTA, Hall, AP, NASA, Technology Services Department Locations: Texas, Maine, Springs, Texas , Oklahoma , Arkansas , Missouri , Tennessee , Illinois , Kentucky , Indiana , Ohio, Michigan, Pennsylvania, New York , Vermont , New Hampshire , Maine, Mexico, Canada, America, New York City, Niagara, Erie, New York, Northeast Ohio, Dallas, United States, Buffalo , NY, Rochester , NY, Hall , New York, NY, Rock , Arkansas, Little

☆ How Sandra Hüller quietly won red carpet season
▼ + stars: | 2024-03-14 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

CNN —While there was an abundance of daring looks at the Oscars red carpet this year, one of the evening’s most memorable outfits came from Hollywood newcomer Sandra Hüller. The second winged look — also from Schiaparelli — solidified Hüller as a red carpet risk taker. Richard Shotwell/Invision/APAt the 2024 Cesar Film Awards, Hüller arrived in a collarless Louis Vuitton wrap suit embellished with black sequins. Gerald Matzka/Getty ImagesAt the European Film Awards ceremony in December last year, Hüller stunned in a cut-out black and white gown with a satin finish. Christoph Soeder/dpa/Sipa USAFor the London premiere of "Anatomy of a Fall" in November 2023, Hüller wore a white skirt suit from Cong Tri.

Persons: Sandra Hüller, Oscar —, Hüller, cinched, Cartier, “ It’s, ”, Jordan Johnson Chung, —, Anthony Behar, Phoebe Philo’s, sequined Louis Vuitton, Jimmy Fallon, Richard Shotwell, Louis Vuitton, Pascal Le Segretain, Max, Rosie Assoulin, Gerald Matzka, Christoph Soeder, Dave Benett, Andreas Rentz, Gareth Cattermole, Jamie McCarthy Organizations: CNN, Vogue, Hollywood, Berlin, London, Cong Tri, 61st New York Film Locations: Hollywood, Cong, Cologne

☆ High menu prices lift food bills
▼ + stars: | 2023-11-14 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +4 min

In the 12 months through October, higher restaurant prices drove food prices above overall inflation, even as grocery prices were relatively low. For the year, grocery prices rose 2.1%, according to Consumer Price Index data released Tuesday by the Bureau of Labor Statistics. But menu prices were up 5.4%, driven largely by a 6.2% rise at limited-service restaurants, which include fast food and fast casual spots. Many fast food and fast casual places say they’ve seen some benefit from customers trading down from pricier options. Grocery prices rose 0.3% and menu prices rose 0.4% in that period.

Persons: Anthony Behar, McDonald’s, Liu Guanguan, Rice Organizations: New, New York CNN, Bureau of Labor Statistics, BLS, McDonald's, AP, China News Service Locations: New York, California

☆ Freshly sliced meat and new store designs: How Subway is trying to save itself
▼ + stars: | 2023-07-08 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

Subway scrambled to make fixes: Adding freshly sliced meat earlier this month was the most recent one. Revamped menuSubway added freshly sliced meat this week. In addition to a more neatly organized menu board, Subway added numbers and new names to speed up service. And this week, it rolled out freshly sliced meat — a major shift from Subway’s previous method of having the meat sliced at its factories before being delivered to its stores. Adding freshly sliced meat “felt like the natural step that we needed to get back to and address,” Trevor Haynes, president for Subway’s North America operations, previously told CNN.

Persons: that’s, –, Dunkin, Jimmy John’s, Anthony Behar, ” Trevor Haynes Organizations: New, New York CNN, Firehouse, Wall Street, Inspire Brands, Subway, North, QSR Magazine, Jersey, Apple, customizations, Subway’s North, CNN Locations: New York, Jersey, North America, Subway’s North America

☆ Why is inflation cooling — and why isn’t it coming down more
▼ + stars: | 2023-06-12 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +3 min

New York CNN —Ahead of May’s closely watched Consumer Price Index, set to be released Tuesday morning, economists are expecting yet another month of smaller price increases. No individual spending category accounted for more than 40% of overall inflation last year. For instance, the percentage of housing expenses that contributed to overall inflation nearly doubled to 64% from 33% a year ago. That accounted for 19% of overall inflation last April. That helped lower inflation overall.

Persons: Refinitiv, Anthony Behar, Ian Shepherdson Organizations: New, New York CNN, Federal, AP, Pantheon, Gas Locations: New York, seeping, New York City, Queens , NY

☆ Howard Schultz: Unions ‘a manifestation of a much bigger problem’
▼ + stars: | 2023-02-21 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +10 min

New York CNN —Fifteen years ago, Howard Schultz reprised his role as Starbucks CEO, returning to the helm to help put the struggling company back on course. Even before he officially rejoined the company, Schultz was already alarmed by the union push. In the months since returning as CEO, Schultz has doubled down on his opposition to the union. “The fact that Starbucks workers are continuing to organize and win shows just how much workers need and desire a union,” Starbucks Workers United said in a statement to CNN. As a CEO, Schultz has been responding “very typically,” Givan said, in how strongly he’s opposed the union.

☆ M&M’S says its taking a ‘pause’ from polarizing spokescandies
▼ + stars: | 2023-01-23 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +3 min

“In the last year, we’ve made some changes to our beloved spokescandies,” the chocolate candy brand said in a statement Monday. The Green M&M, pre-makeover, is seen here in her go-go boots. Anthony Behar/Sipa USA/AP“[Rudolph] will serve as the brand’s new spokesperson, allowing the colorful cast of M&M’S spokescandies to step away and embrace a new path to pursue other passions,” An M&M’S spokesperson told CNN in an email. A petition to “keep the green M&M sexy” garnered over 20,000 signatures. Purple was recently deployed as part of a limited-edition pack of purple, brown and green M&M’S — the colors of the female spokescandies — in honor of International Women’s Day.

Several Republican and Democratic Latinos made history in the midterm elections, even as votes were still being tallied Wednesday in many parts of the country. According to the National Association of Latino Elected and Appointed Officials, Latinos ran for top offices in 44 of the nation's 50 states. Antonio Delgado became the first person who identifies as Latino to be elected to the office, according to the National Association of Latino Elected and Appointed Officials. Matos, a former Providence City Council president, was appointed lieutenant governor in April 2021 when Dan McKee became the state's governor. Follow NBC Latino on Facebook, Twitter and Instagram.

Lena Horne made history this week as the first Black woman to have a Broadway theater named in her honor. The Brooks Atkinson Theatre on West 47th Street, near Broadway in Manhattan’s Theater District, was renamed the Lena Horne Theatre on Tuesday in recognition of the famed performer and civil rights activist. The Lena Horne Theatre seats more than 1,000 people and is one of nine Broadway theaters throughout New York City belonging to the Nederlander Organization. The Lena Horne Theatre was previously named the Brooks Atkinson Theatre and the Mansfield Theatre. Horne won several awards during her career, including two Grammys, in 1982 and 1996, along with a Lifetime Achievement Award in 1989.

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