China’s restaurants fight for survival in the price war
In Beijing, profits of catering companies with annual sales of over two million yuan (US$280,750) fell to 180 million yuan (US$25 million) in the first half of the year, a…
In Beijing, profits of catering companies with annual sales of over two million yuan (US$280,750) fell to 180 million yuan (US$25 million) in the first half of the year, a…
With its discount prices, Walmart exceeds its own expectations. On Thursday, the retailer raised its forecast, saying quarterly sales rose 5% as grocery sales boosted profits. The brand now expects…
A sign advertises food specials at a McDonald’s restaurant in Burbank, California on July 22, 2024. Mario Tama | Restaurant CEOs have become obsessive about using the word “value” when…
Restaurant Brands International (TSE:QSR – Free Report) (NYSE:QSR) announced its quarterly results on Thursday. The company reported earnings per share (EPS) of C$1.18 for the quarter, beating the consensus estimate…
Summit Midstream’s transformation into a crude oil-focused midstream company resulted in a sharp decline in natural gas traffic in the second quarter, as throughput fell 46% to 716 MMcf/d starting…
As retail giants Amazon and Walmart compete to be consumers’ first choice for their daily needs, the two companies view delivery time as a key factor in customer loyalty. Amazon,…