The “PLT” sandwich is ready for a photo at a McDonald’s Corp. restaurant in London, Ontario, Canada on Wednesday January 8, 2020. Cole Burton | Bloomberg | fake pictures Beyond Meat’s shares fell 7% in the morning trade after the CBC reported that McDonald’s stopped trying a hamburger made with …
Read More »Darden Restaurants (DRI) Fourth Quarter 2020 Earnings Affected by Coronavirus Closings
An Olive Garden restaurant in Times Square in New York. Richard Levine | Corbis | fake pictures Darden Restaurants reported Thursday that sales at the same store nearly halved during the fiscal fourth quarter, as the closings of soup kitchens from the coronavirus pandemic affected their revenue. But the parent …
Read More »Chuck E. Cheese files for Chapter 11 bankruptcy
A sign is placed in front of a Chuck E. Cheese restaurant in Newark, California. Justin Sullivan | fake pictures Chuck E. Cheese’s parent company, CEC Entertainment, said Thursday that it filed for Chapter 11 bankruptcy protection after local closings stemming from the coronavirus pandemic ruined its business. The company, …
Read More »Macy’s to cut 3,900 corporate jobs in restructuring
A person examines Macy’s Inc. department store near Union Square in San Francisco, California, USA. USA, Thursday June 18, 2020. Michael Short | Bloomberg | fake pictures Macy’s announced Thursday that it is laying off 3,900 corporate jobs, or 3% of its total workforce, in a move to cut costs …
Read More »Target Adds Hundreds of Fresh and Frozen Groceries to Sidewalk Pickup
The grocery section of a redesigned Target store in Duarte, California. Origin destiny Customers can soon drive to a nearby Target and pick up fresh and frozen foods like milk and bread, without having to walk down the aisles or park the car. The national retailer said Thursday that it …
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