President Donald Trump is expected today to sign an executive order that seeks to promote state and local control over education. The order is expected to call for a study of whether the federal government "has unlawfully overstepped state and local control."
McDonald's focus on driving repeat business with all-day breakfast, $1 soft drinks and new Big Mac size options fueled first-quarter sales and earnings growth, CEO Steve Easterbrook said Tuesday. The chain is counting on tech investments including mobile ordering, digital kiosks and an expanded delivery partnership with UberEats to drive future growth.
Chili's Grill & Bar will launch a trimmed down menu nationwide this summer after testing it on a smaller scale for the past two quarters, parent company Brinker International announced Tuesday. The menu is 20% smaller than the chain's existing menu, and some restaurants are testing menus with even fewer items, said Wyman Roberts, CEO of Brinker International.
Whole Foods Market will open its fourth value-focused 365 by Whole Foods store in Austin, Texas, this week, marking the state's first 365 store and a move to refine the concept into "365 2.0," CEO John Mackey said. So far the retailer's 365 chain has seen some stores exceed expectations and others come up short, and this newest location will include some tweaks to the concept that focus on offering a better shopping journey through experience, technology and design, Mackey said.
Smart & Final Stores is rebranding its Tradewinds Spices & Seasonings as part of the retailer's First Street brand. The move is part of a bigger expansion of Smart & Final's First Street private label, which accounts for three-quarters of private brand sales for the retailer.
SUPERVALU will divest some underperforming stores, focus on its Cub Foods and Hornbacher's banners and move ahead with retail initiatives including improving category management and store-level product assortments, expanding grab-and-go and other meal offerings and boosting produce and deli operations, the company said. Meanwhile, SUPERVALU's wholesale business will focus on its merger with Unified Grocers, which is slated for completion in the summer.
Ahold Delhaize-owned grocery delivery service Peapod will launch a marketing campaign to boost awareness of its brand in the New York City market. Peapod, which has been delivering groceries since 1989 but has some catching up to do to the brand awareness of its competitors, will expand the multichannel campaign outside NYC later this year to further boost its brand presence.
PepsiCo's focus on pricing adjustments and better-for-you products fueled first-quarter sales and earnings growth, CEO Indra Nooyi said. The company is formulating lower-sugar products and building its overall portfolio to stem the impact of beverage taxes, which have passed in several US cities, Nooyi said.
Almost four years after CEO David Murdock forged a $1.2 billion deal that took Dole Food Company private, the firm has filed an initial public offering. The company's filing documents report an IPO of up to $100 million, but the final size could ultimately diverge from that figure.
Southern flour makes for lighter, more tender biscuits according to chef Jean-Paul Bourgeois of New York's Blue Smoke, who prefers the Tennessee-based brand White Lily. He also recommends using plenty of fat and working the dough by hand while it still feels wet in order to get the best results.
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