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☆ Shake Shack founder shares the 2 interview questions he likes asking job candidates: They make you ‘share the real you’
▼ + stars: | 2024-08-15 | by ( Alex Koller | ) www.cnbc.com time to read: +1 min

When Shake Shack founder Danny Meyer interviews job applicants, he likes to ask a couple of his favorite questions. "It gives me a chance to actually see the person and see how they see themselves." Meyer's other favorite job interview question, he said: Tell me about something that happened in your life, before you turned 12, that you think had more of an impact on you today than anything else. "The point is that whatever that story is, you then get a chance to talk about how did it change who you are today," he said. "I'm looking for honesty, vulnerability, willingness to grow, looking maybe for a little growth mindset."

Persons: Danny Meyer, Adam Grant, Meyer, who's Organizations: Shake, Wharton School, University of Pennsylvania, New, Square Hospitality Locations: New York

☆ Former Kansas police chief formally charged over Marion newspaper raid
▼ + stars: | 2024-08-13 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

A former Kansas police chief linked to the Aug. 11, 2023, raid of a local newspaper was formally charged with one count of interference with the judicial process. She collapsed and died the day after the raid, and Meyer blamed her death on the stress of the raid. Joan Meyer, co-owner of the Marion County Record, swears at police officers in her home on Aug. 11, 2023. Marion County Attorney Joel Ensey, however, withdrew the search warrants after determining that "insufficient evidence exists to establish a legally sufficient nexus between this alleged crime and the places searched and the items seized." Sedgwick County District Attorney Marc Bennett and Riley County Attorney Barry Wilkerson said in a 124-page report that the newspaper's staff had committed no crimes.

Persons: Gideon Cody, Eric Meyer, Ruth Herbel, Joan Meyer, Meyer, Cody, Phyllis Zorn, Kari Newell’s driver’s, Herbel, Joel Ensey, Marc Bennett, Riley, Barry Wilkerson Organizations: Marion Police Department, Marion County, City, Marion Locations: Kansas, Marion, Marion County, Sedgwick County, Riley County

☆ How 'Coach' Tim Walz led high schoolers with dad vibes, irrepressible energy, and one classic Simpsons episode
▼ + stars: | 2024-08-10 | by ( Mia Jankowicz | Alice Tecotzky | ) www.businessinsider.com time to read: +9 min

"I was just your average adolescent, angry punk rock vegan kid who hated the system, and thought: 'Oh, my God, this guy's the football coach. Screw him' — because nothing says 'the system' like the football coach." Walz coached Becker at Mankato West football team in the late 1990s. A football turnaroundIn the late 1990s, Mankato West football struggled. "I didn't necessarily see this coming," said Greenwald, who is an assistant football coach himself.

Persons: —, Seth Meyer, Tim Walz, Meyer, Walz —, that's, Walz, Homer —, Mankato West High School Seth Meyer Walz, Kamala Harris, Donald Trump, JD Vance, blunting, Bob Becker, Becker, Seth Greenwald, David Schoettler, Rick Sutton, we're, Sutton, Tim, " Walz, Schoettler, Greenwald, he's, q70HV0H8F1 Organizations: Service, Mankato West High School, Democratic, Business, Titans, Minnesota State, Mankato West, Mankato Locations: Midwestern, San Francisco, Mankato West, @RickSutton7

☆ A couple unhappy in their marriages met on Ashley Madison. They're still together 20 years after cheating on their spouses and have no regrets.
▼ + stars: | 2024-07-29 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +7 min

Read previewWhen Michael Oshust and Stephania Meyer first met in 2004, they were both married to other people. 'Yearning' for partners with similar interestsOshust and Meyer met on the dating site Ashley Madison. Related storiesMost messages Meyer received on Ashley Madison were asking for nudes or no-strings-attached sex, which she wasn't interested in. Oshust and Meyers know cheating is wrong, but they don't regret it"I don't regret meeting Michael at all. But at the same time, if it wasn't for Ashley Madison, we wouldn't have been together.

Persons: —, Michael Oshust, Stephania Meyer, Oshust, Meyer, Stephania Meyer Oshust, Ashley Madison, wasn't, Michael, I'm, I'd, Meyer's, blackballed, Meyers, We're, we're, they're Organizations: Service, Business, Ruby Locations: Ontario, Canada, Singapore, Nova Scotia, Oshust, Mexico, Cabo San Lucas

☆ 'Twilight' put Forks, WA, on the map. Now, local residents want to put an end to the 'vampire tourism' boom.
▼ + stars: | 2024-07-20 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +4 min

However, not all residents of Forks' roughly 3,400-strong population are happy about the attention their hometown is getting, with some locals hitting out at "vampire tourism," The Times of London reported. "I work at the local school — which the Twilight characters 'went to' — and they'd be out there, crying about how much they loved this vampire guy." At the height of the "Twilight" hysteria, Forks wasted no time in embracing its new fame, with new "Twilight" tours showing off famous locations from the films. AdvertisementMeyer chose to set "Twilight" in Forks after searching Google for the place with the highest rainfall levels in the US. The spot provided the perfect setting for her vampire characters, who mustn't be exposed to sunlight, so they could go about their lives without being detected by humans.

Persons: —, Stephanie Meyer's, Forks, Leslie Graham, Dora Maxfield, they'd, Maxfield, Christina Horsten, Robert Pattinson, Kristen Stewart, Lissy Andros, Andros, Meyer Organizations: Service, Business, Information Center, Times, Getty, Publishers, Office Mojo, Google Locations: Washington, Forks, London, Forks , Washington, Oregon, Canada, Texas

☆ 'Wealth can be pretty isolating': Problems that rich people face, according to therapists
▼ + stars: | 2024-05-14 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +3 min

While wealth can bring with it some unconventional problems — such as being denied an invite-only Ferrari and accidentally destroying swathes of coral reefs with a 300-foot yacht — most other problems that the rich face may not be as esoteric as we think. They dismiss rich people's mental health concerns as insignificant and of diminished importance," Paul Hokemeyer, a clinical psychotherapist who treats the ultra rich, told CNBC. Paranoia and distrustWealth can cause people around the super rich to view them as objects, Hokemeyer observed. People who are rich tend to be of higher social status, and those who live in diminished states of power are often drawn to them. Against this backdrop, the super rich tend to become more suspicious of people's motives in associating with them.

Persons: Ferrari, Paul Hokemeyer, Amanda Falkson, Maria Korneeva Organizations: CNBC, Drayson, Psychotherapy Locations: Drayson Mews

☆ They celebrated their 25th anniversary with a trip to Paris and ended up buying a stone house in the countryside for $100,000. Now, they're dreaming of retiring there.
▼ + stars: | 2024-04-02 | by ( Amanda Goh | ) www.businessinsider.com time to read: +9 min

Michael and April Meyer bought a stone house in France for about $108,000 in 2022. "It was like our Tour de France," Michael said. Michael and April Meyer/@FrenchStoneHouseLifeThey made the offer in July last year when they were only a third through their planned six-week trip, Michael said. Embracing French cultureThe couple is also committed to immersing themselves in the French way of life — they're even taking French language classes back in the US. Michael and April Meyer/@FrenchStoneHouseLifeTheir French stone house is a vacation home at the moment, but the couple is toying with the idea of possibly retiring there in the future.

Persons: Michael, Meyer, —, April Meyer, @FrenchStoneHouseLife, Michael said, — they're, They've, That's, it's, Bernice, it'd, you've Organizations: Service, de France, Social, Social Security Administration, YouTube Locations: France, California, Europe, Hawaii, Paris, Sacramento, Michael, zipping, Burgundy, Bordeaux, Loire, Limoge, America, agoh@businessinsider.com

☆ Inside the rise of Sarah J. Maas, the best-selling author who's taking the 'romantasy' genre to the next level
▼ + stars: | 2024-02-03 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +13 min

Sarah J. Maas' latest book, "House of Flame and Shadow," was published on Tuesday. Publishers are prioritizing romantasy, with Entangled creating Red Tower, an imprint focused on sci-fi and fantasy romance books in 2022. But an organic community of Maas readers formed on social media recently, making her even more widely loved. The pair, who are good friends thanks to BookTok, post videos breaking down the smallest details of Maas' works. Studios founder Molly Werts, 26, runs her shop full-time and met her roommate because they connected over one of Maas' books.

Persons: Sarah J, Maas, —, Samantha Grindell, Harry Potter, it's, Feyre, she's, fae Bryce Quinlan, Stephanie Meyer's, Cassandra Clare's, Tor, Rebecca Yarros, Bramble, Jennifer L, BookTok, TikTok, superfans, Rosie Dent, Dent, Lili, BookTokers, Jaclyn Wooten, Wooten, Molly Werts, romantasy, they've Organizations: Service, Bloomsbury, Marvel, New York Times, Reuters, Publishers, Wings, Studios, Jupiter's, Publisher's, Writers of America Locations: Brooklyn , New York, New York, Connecticut, Florida, Maas, Bloomsbury, Crescent, BookTok

☆ Dividend-paying stocks could rise in 2024. Investors like these plays for the new year
▼ + stars: | 2023-12-28 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +6 min

Dividend-paying stocks took a backseat to this year's tech-driven market rally, but 2024 could be the year that they come back in vogue. A couple of catalysts could swing the pendulum back in favor of dividend payers in 2024, including the Fed's forecast for three rate cuts in the new year. "Not only do you get the dividend yield and dividend growth, but you get some capital appreciation perhaps – that's where it gets interesting," he added. Special dividend payers Kim Abmeyer, certified financial planner and founder of Abmeyer Wealth Management in Dallas, sees dividend-paying stocks coming into focus for 2024. The energy company in November announced that it raised its regular dividend by 10% and it declared a $1.50 per share special dividend.

Persons: gangbuster, Charlie Gaffney, Eaton Vance, Gaffney, bode, Bernstein, it's, Nelson, Piper Sandler, Paul Newsome, Kim Abmeyer, Abmeyer, Stocks, Roth MKM's Leo Mariani Organizations: Big Tech, Nasdaq, Morgan Stanley Investment Management, Broadcom, VMware, Evercore ISI, Disney, Allstate, Abmeyer Wealth Management, Costco Wholesale, Costco Locations: Dallas

☆ Lawmakers ramp up scrutiny of Shein, call for proof it doesn't use forced labor after retailer files for IPO
▼ + stars: | 2023-12-05 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +3 min

Lawmakers are ramping up their scrutiny of Shein after it confidentially filed to go public last week. "Urge the SEC to apply maximum scrutiny to Shein's business and management before letting it anywhere near our capital markets," Luetkemeyer said in the video, viewed by CNBC. They include legislation that would block Shein from trading in the U.S. or bar its shipments from coming into the country. Gallagher is also interested in pursuing reforms to the trade loophole known as the de minimis provision and expanding enforcement of the Uyghur Forced Labor Prevention Act, the aide said. The committee is investigating Shein over its use of forced labor and de minimis — probes that are ongoing, Luetkemeyer said.

Persons: confidentially, Blaine Luetkemeyer, Shein, Luetkemeyer, let's, Mike Gallagher, Gallagher Organizations: U.S . Securities, Exchange, CNBC, SEC, Chinese Communist Party, Uyghur, Labor Locations: U.S

☆ Panera Bread reportedly files to go public again through IPO
▼ + stars: | 2023-12-01 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Panera Bread has confidentially filed to go public again, the Financial Times reported. The restaurant chain, known for its soups, sandwiches and bagels, has been signaling for months that it's looking to go public through an initial public offering. In May, Panera announced a CEO transition and said the leadership changes were "in preparation for its eventual IPO" — amid a two-year IPO drought that ended in the fall. Mediterranean restaurant chain Cava , whose chair is Panera founder Ron Shaich, was among the trickle of companies that went public this year. JAB also tried to take Panera public again that year.

Persons: Panera, Ron Shaich, Panera isn't, Shein confidentially, Skims, Danny Meyer's Organizations: Financial Times, Investors, Bloomberg, CNBC, Yum Brands, Panera's, Financial, CNBC PRO Locations: Cava, Rye

☆ Panera Bread founder Ron Shaich says most CEOs end up regretting taking companies public
▼ + stars: | 2023-10-24 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

Panera Bread founder Ron Shaich led a public company for more than two decades, but that doesn't mean he's a fan of initial public offerings or Wall Street. Ironically, Panera Bread is mulling an IPO, but Shaich, who is no longer involved with the chain, directs his advice toward founders. Even as Au Bon Pain bought St. Louis Bread Company, renamed it Panera Bread and then shed Au Bon Pain to focus on Panera's growth, Shaich's company was publicly traded. "The reality is for 90% of the CEOs that take a company public, they live to regret it," Shaich told CNBC. "Cava is a company that will succeed as a public company.

Persons: Ron Shaich, Shaich, Cookie, Bon Pain, Louis, Cava, Brett Schulman, Sweetgreen hasn't, Panera, Danny Meyer's Organizations: III Holdings, Louis Bread Company, CNBC, Wall Street Locations: Cava

As a result, books like “Call Me Max” have been challenged or outright removed from schools and libraries in Florida, as well as other states — and though some believe book bans lead to more book sales, authors say the effect of those bans is devastating for their careers. These bans “overwhelmingly” target books about race and racism, as well as books with LGBTQ characters, PEN America said in its September study on school book bans. The MoveOn Banned Book Mobile stops for an event with local authors and teachers on October 1, 2023 in Decatur, Georgia. “(A book ban) would make news, and people would say, ‘I’ll buy this book just to show them,’” Lukoff said of the once-common result of book bans. Lukoff said his first high-profile bans occurred in early 2021, in Austin and Salt Lake City, when book bans first started to accelerate.

Persons: CNN —, Ron DeSantis, Max, ”, ‘, ” DeSantis, Max ”, Kyle Lukoff, Newbery, “ I’ve, —, ” Lukoff, “, ” Kyle Lukoff's, Marvin Joseph, Phil Bildner, ” “, Bildner, PEN America, Tasslyn Magnusson, Read, Derek White, Magnusson, ” Laurie Halse Anderson’s, George M, Deborah Caldwell, Stone, Angie Thomas, “ Maus, “ Maus ”, ” Magnusson, Lukoff, BookScan, Juno, Mike Curato’s “, John Green’s “, Samira Ahmed, Laura Gluckman, Armando L, Sanchez, Maus, ’ ” Lukoff, … that’s, they’re, she’s, haven’t, “ It’s, isn’t, Ahmed, ” Bildner, Caldwell, J.K, Rowling, Harper Lee, Art Spiegelman, ‘ Maus, ’ ”, Torrey Maldonado, ” Maldonado, who’ve, Eileen T, ’ ” Magnusson, ’, ” Ahmed, it’s, “ I’m, I’m, Maldonado, They’re Organizations: CNN, Florida Gov, Washington Post, PEN America, Liberty, Utah Parents United, Mobile, American, Association’s, Intellectual, ”, Association of American Publishers, Women, Chicago Tribune, Getty, America Locations: Florida, bookshelves, Rye, PEN, Utah, Decatur , Georgia, Tennessee, Alaska, Chicago, Sandmeyer's, Austin, Salt Lake City

TOPEKA, Kan. (AP) — A Kansas police chief who led an August raid on a small weekly newspaper seemed to have the support of most city leaders in the weeks since the search, despite public outcry and calls for his resignation. Publisher Eric Meyer told Cody via email that the paper got the document from a source it did not name. Newell said that on Aug. 7, Cody contacted her and told her he believed she had been the victim of a crime. On Aug. 8, Cody emailed the KBI's office in Wichita, about 60 miles (100 kilometers) to the southwest. That evening, Leeds sent Marion Police Officer Zach Hudlin an email about a search warrant for Meyer's home.

Persons: Gideon Cody's, Cody, ‘, Kari Newell, “, ”, Newell, Brogan Jones, Jones, ” Cody, Marion Mayor Dave Mayfield, Ruth Herbel, Eric Meyer, Todd Leeds, Newell's, Herbel, Meyer, Phyllis Zorn, ” Leeds, Zach Hudlin, Hudlin, Joan, Deb Gruver, Hudlin beckoning Cody, he's, Zorn, ___ Vancleave Organizations: Kansas police, Marion Police, Marion County, City Council, Kansas City, Associated Press, Kansas, of, Marion, City, AP, Leeds, Recorder Locations: TOPEKA, Kan, Kansas, Marion, Wichita, Kansas City , Missouri, Minneapolis

☆ The era of America's subminimum wage for tipped restaurant workers may be ending
▼ + stars: | 2023-09-23 | by ( Tim Mullaney | ) www.cnbc.com time to read: +12 min

After a months-long public campaign that began shortly after Mayor Brandon Johnson (right) took office in May, advocates reached a deal with restaurant industry lobbyists to phase out the tipped-minimum wage over five years. "The closest pending victory is in Chicago," said Saru Jayaraman, founder and president of the advocacy group One Fair Wage. Three-fourths said they would reduce the number of tipped workers on their payroll, and nearly half said the cuts would be significant. The $9.48 an hour wage most workers got cost the restaurant $5,449.61, he said, a fraction of the $17,198 in tips workers earned. That's one reason why the restaurant industry engaged in a kind of bidding war against itself, to find a compromise solution that politicians like Alderman Carlos Ramirez Rosa, Johnson's floor manager in the City Council, would buy.

Persons: Brandon Johnson, Scott Weiner, Covid, Hornick, Danny Meyer, Meyer, Chicago –, Saru Jayaraman, Michael Hornick hasn't, Callahan, That's, Weiner, Rick Rick Bayless, Topolobampo, Bayless, He's, –, We've, We're, Johnson —, Democratic Socialist Alliance —, Alderman Carlos Ramirez Rosa, Sam Toia, Rosa Organizations: U.S . Department of Labor, Chicago, Illinois Restaurant Association, City Council, Chicago's, Wrigley, Farm, Frontera Grill, Michelin, Covid, Bar, Frontera, Frontera Group, Democratic Socialist Alliance, Chicago Sun, Times, Times , Illinois Restaurant, CNBC, Sun Locations: downtown, Chicago, York, Covid, Lakeview, Evanston, Frontera, Johnson's, City, Times ,

McLaren has sold about 40 custom snow globes since the writers went on strike, at $299 a piece, through his Etsy shop. Since the writers strike began, 3,124 people joined or reactivated their Cameo accounts, the company said. When the actors strike began, she signed on to help them sell images to photo agencies, including celebrity-fueled rallies and picket lines in the strikes. Her husband's salary as an engineer helps, but it doesn't get them all the way there in paying their bills. ___For more on the ongoing actors and writers strikes, visit: https://apnews.com/hub/hollywood-strikes/

Persons: Ryan Meyer's lifeblood, Meyer, ”, Joe's, “ We've, ” Meyer, “, Jesse McLaren, “ Jimmy Kimmel, “ They’ve, McLaren, “ I’ve, “ I’m, ” Keith McNutt, It's, Autumn Monroe, ” Monroe, Monroe, Vince Vaughn, Shadi, Petosky, I’ve, ” Petosky, Bethany Layla Johnson, Briza Covarrubias, doesn't, Covarrubias, we're Organizations: “, Entertainment, Writers Guild of America, Alpha Kappa Alpha, “ Parks, Recreation, Netflix, WGA Locations: Los Angeles, Atlanta, New York, Manhattan, York, hollywood

☆ Diners are clamoring for earlier reservations. 'When did a 6:00 dinner reservation become the new 8:00?' New York restaurateur Danny Meyer asks.
▼ + stars: | 2023-09-21 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

The 6 p.m. reservation is now the "most prized table" in New York, per restaurateur Danny Meyer. Meyer offered three theories for the change, including the social isolation of remote work. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. "When did a 6:00 dinner reservation become the new 8:00, most prized table of the night — and will it last?" celebrated restaurateur Danny Meyer asked in a Wednesday post on X, the social media network formerly known as Twitter.

Persons: Danny Meyer, Meyer, Steve Hafner, It's, Roni Mazumdar Organizations: Shake, Service, Twitter, New York Times Magazine, Wall, Square Hospitality, Gramercy Locations: New York, Wall, Silicon

Colombian-born Kugler, whose research has focused on labor markets, is the first Latina to join the Fed Board in its 109-year history. The vote was 53-45, with a few Republicans supporting a nomination that was championed by Democratic Senator Bob Menendez. The Senate on Wednesday also confirmed Fed Governor Philip Jefferson as Fed vice chair and Fed Governor Lisa Cook to a second term. Jefferson's success as vice chair will hinge on his ability to help Powell manage that process. Reporting by Ann Saphir; Editing by Paul Simao and Timothy GardnerOur Standards: The Thomson Reuters Trust Principles.

Persons: Adriana Kugler, Jonathan Ernst, Kugler, Bob Menendez, Menendez, Philip Jefferson, Lisa Cook, Cook, Jerome Powell, Powell, Michael Feroli, Jefferson, she'll, Derek Tang, Tang, Ann Saphir, Paul Simao, Timothy Gardner Organizations: Federal Reserve, of Governors, Capitol, REUTERS, U.S, Senate, Bank, Fed Board, Democratic, Wednesday, Jefferson, JPMorgan, Fed, Thomson Locations: Washington , U.S, Cuban, United States, U.S

A car driving with a bull in it was pulled over by police in northeast Nebraska's biggest city. A video of the traffic stop shot by News Channel Nebraska spread quickly online. Reiman said Meyer wasn't headed to a parade Wednesday. Meyer didn't answer his home phone Thursday morning so he couldn't be reached immediately for an explanation. Videos of Lee Meyer driving Howdy Doody around can readily be found online from 2017 and 2019.

Persons: Chad Reiman, ” Reiman, Lee Meyer, Howdy Doody, Reiman, Meyer, Meyer wasn't, Meyer didn't, Rhonda, ”, Rhonda Meyer, US92, “ Lee, he's, he’s, “ We’ve Organizations: Norfolk Police, Ford Crown Victoria, News Channel Locations: Nebraska's, News Channel Nebraska, Burwell, Neligh, Norfolk

☆ Kansas newspaper says co-owner, 98, dies from stress after police search
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +3 min

Aug 13 (Reuters) - A Kansas newspaper that was searched by police said its 98-year-old co-owner died on Saturday from stress related to the incident, which free press advocates condemned as a possible violation of the Marion County Record's First Amendment rights. "Stressed beyond her limits and overwhelmed by hours of shock and grief after illegal police raids on her home and the Marion County Record newspaper office Friday, 98-year-old newspaper co-owner Joan Meyer, otherwise in good health for her age, collapsed Saturday afternoon and died at her home," the paper reported. Marion County Police also searched the newspaper office on Friday, seizing personal cell phones, computers and the newspaper server, among other equipment, the Record said. On Saturday, he issued a statement justifying the search of the newspaper. The Kansas Press Association described the search as "unprecedented" and "an assault on the very foundation of democracy."

Persons: Kari Newell, Newell, Phyllis Zorn, Joan Meyer, Meyer, Gideon Cody, Cody, Don Durfee, Lisa Shumaker Organizations: Marion County, Marion, Court, Reuters, Marion Country, Marion County Record, Medical, Marion County Police, Marion Police, U.S . Constitution, The Kansas Press Association, Freedom, Press, Associated Press, New York Times, Washington Post, Thomson Locations: Kansas, Marion, Marion County, U.S ., Washington

☆ Here’s why Shake Shack’s recent deal with Engaged Capital may have fallen short for shareholders
▼ + stars: | 2023-05-27 | by ( Kenneth Squire | ) www.cnbc.com time to read: +5 min

Business: Shake Shack owns, operates and licenses Shake Shack restaurants, which offer hamburgers, chicken, hot dogs, crinkle-cut fries, shakes, frozen custard, beer, wine and other products. Shake Shack entered a cooperation agreement with Engaged. Over the past 20 years, he and his team have developed one of the greatest casual hamburger chain restaurants in the country, Shake Shack. They took Shake Shack public in 2015 with 63 restaurants and have expanded to 436 restaurants in eight years. As a public company, Shake Shack has significantly underperformed both the market and its peers.

☆ Panera Bread parent announces CEO transition as it prepares for 'eventual IPO'
▼ + stars: | 2023-05-23 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Customers patronize an open Panera Bread location in the Walt Whitman Mall on March 26, 2020 in Huntington Station, New York. JAB Holding, the investment arm of the Reimann family, bought Panera Bread in 2017 for $7.5 billion, taking it private. In the press release, Panera Brands said the leadership changes are "in preparation for its eventual IPO." Panera Bread, the largest chain in the portfolio, has long been known as a technology leader in the restaurant industry. Panera Bread has also been testing A.I.

☆ Restaurants embrace premium reservations to target big spenders
▼ + stars: | 2023-05-06 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

When cities and states rolled back lockdown rules, many implemented new orders for restaurants to help with contact tracing, such as requiring customers to book tables in advance. As a result of those pandemic-fueled changes, restaurants and the companies that help them book their tables are targeting big spenders with premium reservation options to drive higher sales. About two-thirds of SevenRooms' restaurant clients use its software to promote special experiences or sell upgrades when customers book reservations. Page said the move toward premium restaurant reservations can partially explain why it feels like it's so much more competitive to book a table in advance these days. "I kind of don't like the whole 'Disney FastPass line' of restaurant reservations," he said.

Jeff Shell left his role as NBCUniversal CEO on Sunday after he admitted an "inappropriate relationship" with a woman in the comany, corporate parent Comcast announced. The complaint was filed by the woman with whom Shell said he had an "inappropriate relationship," according to people familiar with the matter. Roberts will also get more involved with the NBCUniversal business alongside Cavanagh, the person said. He oversaw the company's theme parks, its Peacock streaming service, sports production operations, television stations group, and entertainment and news television networks like NBC News. Before taking the helm as CEO, Shell was chairman of NBCUniversal Film and Entertainment.

☆ DoorDash is headed to Super Bowl, pushing its on-demand grocery business again. Here are 7 key moves it is making to dominate retail delivery after conquering restaurants.
▼ + stars: | 2023-02-12 | by ( Nancy Luna | ) www.businessinsider.com time to read: +13 min

In August 2020, DoorDash launched retail delivery with chains like 7-Eleven and Walgreens. Editor's note: On Sunday, DoorDash is airing its second Super Bowl commercial to promote its grocery delivery business. Lately, DoorDash has its sights set on a new prize — dominance in retail and grocery delivery. "We have more retail stores, grocery included, than any other platform in North America today." DoorDashDoubleDashA year after launching grocery delivery, DoorDash introduced DoubleDash.

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