A pedestrian walks past a Victoria’s Secret shopping front and drives up Robson Street during the COVID-19 crisis on April 17, 2020 in Vancouver, Canada. Andrew Chin | Getty Images Here are the stocks that make headlines in midday trading. L Brands – Shares of L Brands led the S&P …
Read More »Taco Bell unveils new design with more drive-thrus as pandemic permanently shifts how we order
A preview of Taco Bell’s Go Mobile restaurant design Source: Taco Bell Taco Bell unveiled its latest restaurant design on Thursday, intended to encourage customers to pre-order their nachos and burritos and keep drive-thru lines short, as the coronavirus pandemic leaves lasting marks on consumer behavior. The pandemic has prompted …
Read More »Bloomin ‘Brands CEO Says His Beef, Seafood Costs Are Actually Falling
The CEO of Bloomin ‘Brands, the parent company of restaurant chains like Outback Steakhouse and Bonefish Grill, told CNBC on Friday that it is not experiencing an increase in food costs, but that the costs of beef and Seafood “has been an opportunity” during the pandemic. “There was some concern …
Read More »Restaurant chains that received millions in PPP loans during the coronavirus crisis
A statue of a horse stands at the entrance to a PF Chang restaurant in Schaumburg, Illinois. Scott Olson | fake pictures Large restaurant chains received millions in loans from the Paycheck Protection Program, according to data released Monday by the Small Business Administration and the Treasury Department. Companies in …
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