Democratic presidential candidate sen. Elizabeth Warren (D-Mass.) As she campaigns at the Seattle Center on February 22, 2020. Karen Ducey The coronavirus pandemic has delivered a punch of one to two to American workers – a public health emergency coupled with a brutal economic crisis. Our country has lost millions …
Read More »Yum Brands (YUM) 2Q 2020 Earnings Report: Same Sales Drop in Same Store
Yum Brands reported Thursday that global sales at the same store fell 15% in the fiscal second quarter, led by falling sales at the KFC brand, but the company said sales began to stabilize at its open locations. Store closings peaked in early April, CEO David Gibbs said in a …
Read More »Chipotle earnings preview: digital menu exclusives could drive sales
Chipotle Mexican Grill Inc. may launch digital-only menu items that drive sales, according to UBS analysts. Chipotle CMG, + 2.42% Digital sales increased 81% in the first quarter. The company has focused on improving its online business, such as installing Chipotlanes that enable rapid digital order picking, despite the coronavirus …
Read More »Uber Buys Postmates Food Delivery Service For $ 2.65 Billion In Stock
Uber has purchased the Postmates food delivery service for $ 2.65 billion in shares, the companies announced Monday. The deal brings together the fourth-largest food delivery service in the US with Uber Eats, which only beats DoorDash in market share, according to Second Measure and Edison Trends. The companies said …
Read More »Uber and Postmates reportedly agree to a $ 2.65 billion share deal
Close-up of the sign for the popular app-based food delivery service and supplies Postmates, in the Gourmet Ghetto (North Shattuck) neighborhood of Berkeley, California, October 6, 2017. Smith / Gado Collection | Stock Photos | fake pictures Ridesharing company Uber Technologies has agreed to a deal to buy the Postmates …
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