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The 100th location of Buffalo Wild Wings Go opened Wednesday on the Upper East Side in Manhattan. Buffalo Wild Wings opened its 100th Go location on Wednesday in New York City, four years after unveiling the quick-service offshoot of its sports bar chain. Since 2018, Buffalo Wild Wings has been a part of Inspire Brands, which is backed by private equity firm Roark Capital. Buffalo Wild Wings' revenue fell 1% in 2023 to $2.32 billion, according to franchise disclosure documents. Opening a traditional Buffalo Wild Wings location requires anywhere from $2.44 million to $4.83 million in initial investment, depending on the restaurant's location and other factors, according to franchise disclosure documents.
Persons: Jimmy John's, Dunkin, Robbins, Red Robin, Jack Litman Organizations: Buffalo Wild Wings, Manhattan . Buffalo Wild Wings, Inspire Brands, Roark Capital, Baskin, Inspire, Barclays, Munson Group Locations: Side, Manhattan, New York City, BWW
Chains owned by publicly traded restaurant companies accounted for half of the top 10 fastest-growing retail brands in the U.S. last year, according to a new Yelp report. Of the 50 fastest-growing chains in Yelp's report, 35 were restaurant brands. Jack in the Box, First Watch and Dutch Bros were among the public restaurant chains included in the report, but they didn't crack the top 10. Popeyes' higher sales have encouraged franchisees to open more locations and led new operators to join the brand, Restaurant Brands executives have previously said. In 2023, Popeyes surpassed KFC as the second-most popular chicken chain in the U.S. by sales, trailing only Chick-fil-A.
Persons: Jack, Levi Strauss, Cava CAVA, Cava, Zachary Lucy, Scott Olson, Darden, Yum, Stephanie Dhue, Tim Hortons, Burger King, Randy Risling, Popeyes, Michael Siluk, Freddy's, Kyle Rivas, It's, Justin Sullivan Organizations: Dutch Bros, Publicly, Nordstrom, Costco, New York Stock Exchange, Pacific Coast League, Omaha Storm, Memphis Redbirds, AP, LongHorn, Getty, Darden, steakhouse, Parent, Yum Brands, Taco Bell, KFC, East, CNBC, Wawa, Toronto Star, Brands, Restaurant Brands, UCG, Thompson, Capital Partners, Rally House, Kansas City Chiefs, Tampa Bay Buccaneers, Subs Locations: U.S, Cava, Werner, Omaha , Nebraska, Nebraska, Skokie , Illinois, California, West, Wawa, Bethany Beach , Delaware, Philadelphia, It's, Louisiana, Lansing , Kansas, Kansas City , Missouri, Midwest, Pennsylvania, Arizona, Olive, Lincolnwood , Illinois, Jersey, Petaluma , California
They had continued to be an investor and were treated as we do any investor," Kraft Heinz said in a statement to CNBC. "We did learn from their recent filing that 3G exited the Kraft Heinz stock entirely in 2023." Brazilian private equity firm 3G Capital quietly sold off its 16.1% stake in Kraft Heinz in the fourth quarter, nearly nine years after masterminding the blockbuster merger of Kraft Foods and Heinz with Warren Buffett. Kraft Heinz sought to drive inorganic growth through a takeover bid for Unilever, but the Popsicle owner rejected its offer. In 2022, it distributed about 7% of Kraft Heinz to investors in its fund, which reportedly included tennis star Roger Federer.
Persons: Kraft Heinz, Warren Buffett, 3G's, Heinz, Buffett, Jorge Paulo Lemann, Alexandre Behring, Joao Castro, Neves, Roger Federer, Carlos Abrams, Rivera, he's Organizations: 3G, CNBC, Kraft, 3G Capital, Kraft Foods, Heinz, Busch InBev, Burger King, Big, Unilever, Securities and Exchange, Berkshire, InBev, Planters Locations: Berkshire, Lactalis
As Gatorade approaches its 60th birthday, the brand is staying spry, branching out into new categories from unflavored water to energy drink mixes. It accounted for 63.5% of the U.S. sports drink market in 2023, according to Euromonitor International data. Gatorade President Mike Del Pozzo told CNBC that the competition is good for the category overall – and shows his brand's own strength. "There's plenty of loud voices right now, trying to make a name for themselves," said Del Pozzo. And Propel's annual sales are projected to cross $1 billion for the first time this year, Del Pozzo said.
Persons: spry, There's, Jim Watson, Coke, Watson, Ramon Laguarta, influencer Logan, Mike Del Pozzo, Del Pozzo, we're, Rabobank's Watson Organizations: Gatorade, Euromonitor, Cola, Pepsi, Rabobank, Unilever, Nestle Health Science, PepsiCo, Energy, Citi Research, CNBC
Starting Monday, fast-food workers in California at chains with more than 60 national locations earn $20 an hour, higher than the state's broader minimum wage of $16 per hour. California pay is already highwatch nowWhile the new fast-food minimum wage is among the highest in the U.S., California employers are used to paying more for their labor. Even when it is not mandated, restaurants usually find themselves paying more than the minimum wage to attract hourly workers. As a full-service restaurant chain, the company won't be obligated to pay its California workers $20 an hour. Advocates prepare to go biggerFrom start to finish, the California law, which was backed by the Service Employees International Union, has been controversial.
Persons: David Paul Morris, Gavin Newsom, Matthew Haller, Daniel Zhao, Zhao, Lauren Crabbe, she's, Crabbe, Matthew Clark, Jennifer B, Perez, I'm, it's, Newsom, Greg Flynn, Flynn Organizations: McDonald's Corp, Bloomberg, Getty, International Franchise Association, CNBC, Bureau of Labor Statistics, Service Employees International Union, Gov, SEIU Locations: Oakland , California, U.S, California, , California, Fresno, San Francisco, Long Beach
Rosalía Chay is one of the few chefs in Mexico who still cooks using an underground oven called a pib to make cochinita pibil. Maya people in the Yucatán Peninsula have prepared it this way since at least 400 AD. But people have abandoned these traditions, swapping pibs for modern stoves.
Persons: Rosalía Chay Locations: Mexico
Nigel was gay, Shelby said, but she never knew the impact that had on his life at school. ‘Solutions in search of a problem’HB130 – dubbed a “Don’t Say Gay” bill by critics – is one of the bills currently working through the state legislature. For Neil Rafferty, a husband, combat veteran and the only Alabama state lawmaker who identifies as gay, the changes could once again trigger unintended consequences for the state. After his death, Shelby started The Nigel Shelby Foundation to help youth who may not have a support system, provide scholarships for students and help families with LGBTQ children. Camika and Nigel Shelby Courtesy Shelby familyIn a letter to his mother before his death, Nigel asked her to forgive him and keep living, Shelby said.
Persons: Huntsville , Alabama CNN — Camika Shelby, , ” Shelby, Nigel, Shelby, , Nigel Shelby, , HB130, Neil Rafferty, ” Rafferty, Amelia Earhart, Rafferty, Neil Rafferty Devon Sayers, Mack Butler, ” Butler, AL.com, Butler, It’s, ” Adele Kimmel, Kimmel, ” Kimmel, Camika, ‘ Mama, there’s Organizations: International Association for Suicide Prevention, Befrienders, Huntsville , Alabama CNN, CNN, Huntsville City, of Education, Democrat, Republican, HB130, Public Religion Research, Public, Civil Rights, Human Rights, Nigel, Nigel Shelby Foundation Locations: Huntsville , Alabama, Huntsville, Alabama, Shelby, Florida
Yevhenii Zavhorodnii/Global Images Ukraine/Getty ImagesIn Ukraine the air raid alerts are incessant. Kyiv has the best air defense in Ukraine; the country lacks the resources to defend other cities this way. He noted that Ukrainian air defense had done a spectacular job that morning intercepting every single missile launched at Kyiv. The United States has essentially cut off Ukraine, and Ukrainian air defense is quickly running out of ammunition. After we landed back in JFK, we turned off the air raid sound on our phones.
Persons: Amelia Glaser, Marci Shore, Read, Mike Johnson, Vladimir Putin’s, Covid, ” –, Andrii, you’re, Oleksandr Roytburd, Roytburd, Alla Horska, Tymofiy Mylovanov, Amelia, Iya Kiva, Marci, Tetyana Ogarkova, Volodymyr Yermolenko, Putin, Tucker Carlson, Bohdan Khmelnytsky, Carlson, Khmelnytsky, Oleksandr Halenko, Gleb Garanich, texted, , Sergii, , Alina Smutko, Sergii’s, Mark Hamill –, Luke Skywalker, Agiya Zagrebelska, Arad, “ Pessimists, Rob Bauer, ” Bauer, “ I’m, Iaroslava Strikha, beholden, Donald Trump, Johnson, Arseniy Yatsenyuk, ” Putin Organizations: UC San Diego, Yale University, CNN, of Decorative, Applied Arts, Design, Warsaw —, Kyiv School of Economics, KGB, Ukrainian, Fulbright, NATO, National Agency on Corruption, Kyiv Security, United, Kyiv, National, Security Forum Locations: Russia’s, Crimea, Kyiv, New York, JFK, Warsaw, Polish, Chelm, Bucha, Russian, Yevhenii, Ukraine, Sens, Ukrainian, Crimean Tatar, KSE, Muscovy, Russia, Poland, Syria, Murmansk, Kyiv oblast, Austrian, texted, United States
In this photo, Krispy Kreme doughnuts are shown in Daly City, California, on May 12, 2022. McDonald's is planning to sell Krispy Kreme doughnuts at its restaurants nationwide by the end of 2026, the chains announced Tuesday. For the duration of the agreement, McDonald's will be the exclusive fast-food partner for Krispy Kreme in the U.S. For McDonald's, the addition of Krispy Kreme doughnuts helps bolster its bakery and breakfast offerings. Shares of Krispy Kreme have fallen 20% over the past year, dragging its market value down to $2.11 billion.
Persons: McDonald's, Krispy, Josh Charlesworth, Krispy Kreme, Charlesworth, Kreme, Nordisk's Ozempic Organizations: U.S, McDonald's, CNBC, Nordisk's Locations: Daly City , California, U.S, Louisville, Lexington , Kentucky
In Reykjavík, Iceland, aurora borealis tourism is a booming business. Hopeful tourists board buses to head out into the night in search of the northern lights. Credit... Sigga Ella for The New York Times
Persons: Sigga Ella Organizations: The New York Locations: Reykjavík, Iceland
Some DINKs are using their higher net worth to retire early, travel, and afford luxury items. But there's an even darker side to DINKs: The slice that forgoes kids not by choice but out of necessity. It's difficult to parse out the exact number of Americans who might want kids but can't have them. We know that the childfree group — people who don't want kids — might be about 20% of the US adult population. It's contributing to a whole population of DINKs who can't afford to shed the moniker.
Persons: DINK, , you've, Gen Zers, it's, Kimberly Palmer, Kathryn Edwards, Larry Bienz, he's, Bienz, civically, let's, Amelia, Kevin, They've, We're, Amelia's, Roe, Wade, Zachary Neal, Neal, Jennifer Neal, Priscilla Davies, she's, Davies, They're Organizations: Service, Harris, RAND Corporation, American Society for Reproductive, US Children's Bureau, Michigan State Locations: NerdWallet, DINKs, Chicago, Michigan
Harvard’s Schlesinger Library is the nation’s leading repository for women’s history, home to the papers of suffragists and social reformers, poets and politicians, the collective behind “Our Bodies, Ourselves” and iconic figures like Amelia Earhart, Angela Davis and Julia Child. But in its basement vaults, carefully preserved in a box, you can also find a rather different artifact: a costume from the 1978 pornographic comedy “Hot & Saucy Pizza Girls.”The movie, starring John C. Holmes as a pimp who oversees a prostitution ring masquerading as a pizza delivery service, was history-making in its own way, as one of the earliest examples of what became a classic trope — porn with pepperoni. But the costume is at the Schlesinger because of another name on the bill: Candida Royalle. Royalle, who died in 2015, was a minor celebrity in her day. She was a porn star from the 1970s golden age who moved to the other side of the camera, producing feminist erotica that focused on female fantasies, and female audiences.
Persons: Harvard’s, Amelia Earhart, Angela Davis, Julia Child, John C, Holmes, Schlesinger, Candida Royalle, Royalle Organizations: Harvard’s Schlesinger
The chain's sales are "way stronger" in Texas, Arizona and Florida than in midwestern states such as Indiana and Wisconsin, according to Osanloo. For more mature companies such as McDonald's , it means accelerating new restaurant growth in areas where it's now underrepresented. It isn't just restaurants looking to the Sun Belt for sales growth. In addition to well-known chains, Greider has also seen restaurants with chef-driven name recognition traveling south from New York and Chicago. The chain's sales are growing again, according to Brix Holdings CEO Sherif Mityas, making it an opportune time to expand Friendly's footprint.
Persons: Portillo's, Michael Osanloo, you've, Justin Greider, Macy's, Phillips, Manu Steijaert, Greider, they've, that's, Carbone, Friendly's, Sherif Mityas, Mityas, we're, Christine Barone Organizations: Beef, CNBC, Northeast, Sun, Airlines, Dallas, Phillips Edison & Company, JPMorgan, Grill, Major Food Group, Brix Holdings, Brix, Bros Locations: Kissimmee , Florida, Chicago, Texas, Texas , Arizona, Florida, Indiana, Wisconsin, U.S, Midwest, Charlotte, Phoenix, Houston, Dallas, Fort Worth, Atlanta, Florida , Texas , Arizona, Georgia, North Carolina, New York, Miami, Massachusetts, Mississippi, Minneapolis, Southern California, California, Virginia
U.S. Vice President Kamala Harris, front center, other participants walk over the Edmund Pettus Bridge during an event marking the 57th anniversary of the 1965 Bloody Sunday civil rights march in Selma, Alabama, U.S., on Sunday, March 6, 2022. Vice President Kamala Harris called for a cease-fire in Gaza Sunday while commemorating the anniversary of Bloody Sunday, the day law enforcement officers attacked Civil Rights activists crossing the Edmund Pettus Bridge in Selma, Alabama. Harris gave an 18-minute speech at a gathering on the bridge to recognize the 59th anniversary of Bloody Sunday. On Saturday, the United States military completed its first airdrop of humanitarian aid in Gaza after authorization from President Joe Biden last week. She also honored the work of Civil Rights activists and drew comparisons between their fight for freedom and modern threats to freedom, like gun violence and voting rights.
Persons: Kamala Harris, Edmund Pettus, Edmund Pettus Bridge, Harris, billy, Amelia Boynton, John Lewis, Joe Biden, Biden Organizations: Civil, United States, Civil Rights Locations: Selma , Alabama, U.S, Gaza, Israel, airdrops
While economists and investors fret over China's low consumer confidence and sluggish growth, Yum China CEO Joey Wat says the Chinese consumer is growing more rational — and has been for years. Weighed down by investors' concern about the broader Chinese economy, shares of Yum China have fallen 27% over the past year, dragging its market value down to $17.51 billion. Despite Wall Street's worries, Yum China's sales are growing. "I think the Chinese consumer has become more rational over the last few years," she told CNBC. But in lower-tier cities, such as Chengdu, Yum China is seeing stronger sales growth because housing is cheaper and consumers have more cash to spend.
Persons: Joey Wat, Wall, Yum, Wat Organizations: Yum, Yum Brands, CNBC Locations: China, Yum China, Shanghai, Beijing, Wat, Chengdu, Cities
A Starbucks logo is seen as members and supporters of Starbucks Workers United protest outside of a Starbucks store in Dupont Circle, Washington, D.C., on Nov. 16, 2023. The wage increases are a sign of good faith from Starbucks toward Workers United, an affiliate of the Service Employees International Union that has organized more than 300 company-owned Starbucks locations. Starbucks and Workers United said they have agreed to start discussions "on a foundational framework" on how to reach collective bargaining agreements for stores. The announcement marks the most noticeable thawing in the two parties' relationship since the first Starbucks location unionized in December 2021. Starbucks also said Tuesday that it would provide unionized cafes with credit card tipping, a benefit that has been available in nonunion stores for more than a year.
Persons: Howard Schultz, Laxman Narasimhan Organizations: Starbucks Workers, D.C, Workers United, Service Employees International Union, Workers, Starbucks, CNBC PRO Locations: Dupont Circle, Washington
A banner for the Mediterranean restaurant chain Cava is displayed outside of the New York Stock Exchange (NYSE) as the company goes public on June 15, 2023 in New York City. Cava's stock rose 7% on Tuesday morning after the Mediterranean restaurant chain released its earnings report a day early. Cava reported fourth-quarter net income of $2.05 million, or 2 cents per share, swinging from a net loss of $18.85 million, or $13.72 per share, a year earlier. The company is forecasting same-store sales growth of 3% to 5% and adjusted earnings before interest, taxes, depreciation and amortization of $86 million to $92 million. Including Tuesday's stock move, the restaurant chain has a market value of $6.14 billion.
Persons: Cava Organizations: New York Stock Exchange, Investors, Wall Street, LSEG, CNBC PRO Locations: Cava, New York City, Cava's
Elena Perova | Istock | Getty ImagesJust ahead of the holiday season, Walmart had encouraging news for inflation-weary shoppers: Prices on food and other staples were falling instead of rising. But the retail giant backpedaled this week, saying higher prices on many grocery items and household staples like paper goods have stuck. Food prices climbed 2.6%, fueled by a 5.1% jump in prices for food away from home, a category that includes restaurant meals and vending machine purchases. That gives their makers the ability to keep raising prices to mitigate higher costs, even as their volume drops. Even some of the biggest U.S. brands have signaled that consumers' tolerance of higher prices has worn thin.
Persons: Elena Perova, John David Rainey, Coke, James Quincey, Gregory Daco, airfares, Tyson, Fernando Fernandez, Arun Sundaram, Kraft Heinz, Chocolate, Hershey, Edward Jones, Brittany Quatrochi, Sundaram, Pringles, Kellanova, Heinz, Stefani Reynolds, Brad Thomas, CFRA's Sundaram, Thomas, Frederic J, Brown, Oscar Mayer, Greg Melich Organizations: Istock, Walmart, CNBC, Federal, Depot, Pew Research Center, Maine Foods, Unilever, Nestle, Bloomberg, Getty, Planters, Target, Kroger, AFP, U.S, PepsiCo, Frito, Evercore ISI Locations: Hershey , Pennsylvania, North America, Washington ,, Rosemead , California
The latest iteration of the Beyond Burger, made with avocado oil and 20% less sodiumBeyond Meat is launching a new version of its plant-based burger in grocery stores this spring, betting that an even healthier version of its burgers will lure back consumers. The plant-based meat category, once buzzy, has lost consumers' interest. Retail sales of meat alternatives had fallen 33.6% compared with a year ago as of Jan. 28, according to Circana data. "For the last several years, there have been a combination of campaigns and other efforts to try to poison the well, regarding the health benefits of plant-based meat," Brown said. Critics have attacked plant-based meat from Beyond and its rivals as processed and full of chemicals.
Persons: Ethan Brown, Brown, we've, Critics, — Kate Rogers Organizations: CNBC, Stanford University School of Medicine
"The other day, my daughter told me the names Ashley or Amanda — or my name is Amber — are like old people names," Cimiotti said in her video. But as Scarlett pointed to her teachers and her friends' parents' names, Cimiotti realized she was right. AdvertisementPopular names have changed since millennials were childrenCimiotti's daughter's comments reflect changes to trending names since millennials were born. But since 2021, none of those names were even in the top 100 most popular names for babies, highlighting how parents' approach to naming has transformed in recent years. But names have always come in and out of styleMillennial parents may associate childhood with names like Ashley and Samantha.
Persons: , Amber Cimiotti, Scarlett, Ashley, Amanda —, Amber —, Cimiotti, Erica, Samantha, Josh, Kyle, Tiffany, Where's Nancy, Frank, millennials, Cimiotti's, Amanda, Amber, Olivia, Emma, Alpha, Sophia, Amelia, I'd, Scarlett Johansson, Linda, Jennifer, Em, @emdoodlesandstuff Organizations: Service, Business, Social Security Administration, Social Security Locations: Chad, Charlotte
But the truth is, Hollywood loves influencers — and they're probably here to stay. AdvertisementAt the People's Choice Awards on Sunday, Billie Eilish inadvertently brought discourse about influencers at awards shows and on red carpets to a boiling point. Outrage — or minimally, discomfort — with influencers and TikTokers on red carpets and awards shows isn't new. But now, influencers have become even more entrenched in the celebrity world, cropping up frequently as guests, presenters, and content creators at awards shows and premiere events. If it didn't, awards shows wouldn't be inviting them.
Persons: Billie Eilish, influencers —, they're, , Kylie Minogue, Bryce Hall, James Charles, Tana Mongeau, Harry Daniels, Billie Eilish stan, Eilish, Daniels, harry daniels @harry.daniels, ruth i s,, ike Organizations: Service
The coffee giant opened the first location with the new design on Friday in Washington, D.C.'s Union Market. "Designing for disabilities is just good design for everybody," said Sara Trilling, president of Starbucks North America. Source: StarbucksThe Union Market cafe has power-operated doors so customers can use less effort to enter the cafe. Source: StarbucksBehind the counter, Starbucks' new Clover Vertica system for brewing drip coffee has a more accessible design, with a large dial and protruding buttons. Source: Starbucks
Persons: Sara Trilling, Trilling Organizations: Starbucks Locations: Washington ,, Starbucks North America
But dating apps, including Bumble, Grindr, Hinge and OkCupid, have cemented themselves as a fixture in American life: 2023’s downloads are more than twice the number of downloads in 2012, the year Tinder launched. This is the state of the dating app market, in four charts:Downloads are starting to fallThe popularity of dating apps has remained steady despite a slight decline in overall downloads in recent years. As many as three in 10 of all Americans say they’ve used a dating app, according to Pew. Tinder’s dominance is waningTinder has been the most commonly used dating app for Americans, a status it has held almost since it launched in 2012. Tinder is the largest app in Match Group’s US portfolio, which also includes Match, OKCupid, Hinge, Plenty of Fish and 36 other dating app brands aimed at diverse communities.
Persons: CNN — Tinder, Gen, they’ve, ” Tomas Iriarte, Reyes, Tinder, Gen Z Young, who’d, Gen Z, Bumble, X, , Amelia Orlando Organizations: CNN, Pew Research Center, Pew, Tinder, Survey Center, American, American Enterprise Institute Locations: data.ai
The cofounder of Saints Capital previously lived in San Francisco with his wife, who also works in venture capital, and had a second home in Napa. AdvertisementSawyer is one of many Californians who swapped Silicon Valley for Paradise Valley. Paradise Valley, which has been called by some the “Beverly Hills of Arizona,” is nestled into the desert hills between Phoenix and Scottsdale in Maricopa County. An aerial shot of the golf courses and swimming pools of Paradise Valley, Arizona. Tim Roberts Photography/ShutterstockOf the more recent wealthy out-of-state movers coming to Paradise Valley, Levinson said the No.
Persons: , Ken Sawyer didn’t, , Sawyer, Joan Levinson, Muhammad Ali, Stevie Nicks, Bennett Dorrance, Campbell, Bruce Halle, Tim Roberts, Levinson, ” Sawyer, Kelly Jones, ” Jones, That's, Jones, , ” Taylor Graber, Amelia, San Diego —, Taylor, Amelia Graber, Taylor Graber, Francisco, There’s, it’s Organizations: Service, Saints Capital, Business, Street Journal, Discount Tire, Arizona ., BI Locations: California, San Francisco, Napa ., Napa, Colorado, Paradise Valley , Arizona, Paradise Valley, Santa Clara County, Silicon, Arizona, Maricopa County, Santa Clara, Paradise, Beverly Hills of Arizona, Phoenix, Scottsdale, Los Angeles, Orange, Arizona . Los Angeles County, “ California, Scottsdale , Arizona, San Diego, Austin, Miami
A general view of a Tim Hortons Drive-Thru coffeehouse and restaurant at Lakeside Retail Park on February 5, 2024 in Grays, United Kingdom. Restaurant Brands International reported quarterly earnings and revenue that beat analysts' expectations on Tuesday, fueled by stronger-than-expected Tim Hortons sales. Shares of the company were unchanged in premarket trading. Excluding items, the company earned 75 cents per share. Net sales rose 8% to $1.82 billion.
Persons: Tim Hortons Organizations: Lakeside, United Kingdom . Restaurant Brands, LSEG, Brands Locations: Grays, United Kingdom
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