The Fresh Market will roll out a revamped look including a new logo, 1,300 new products and hundreds of price cuts at three stores in North Carolina's Charlotte and Raleigh/Durham markets next week. Owner Apollo Global Management plans to expand the new format to 13 more stores in November and transform the entire chain by early 2018.
Dunkin' Donut's new cold-brew coffee is performing well with millennial customers and is proving to be the chain's most successful new product in the past 16 years, Dunkin' Brands CEO Nigel Travis said. The company believes iced coffee is responsible for a 2% rise in US sales because customers who buy cold drinks are more likely to buy food and more coffee than those who purchase hot beverages.
Shaved ice in its various forms is a cool treat that has been enjoyed around the world for thousands of years, ranging from bao bing that dates back to ancient China to the syrupy-sweet varieties prevalent in the US today. Each country has a different interpretation of shaved ice, including the Filipino version known as halo-halo that features evaporated milk, coconut and sweet beans.
Taco Bell franchisee Alvarado Companies is partnering with Brooklyn-based SG Blocks to build a Taco Bell restaurant from five shipping containers in South Gate, Calif. The restaurant, which will have all seating outdoors, debuted at the South by Southwest festival in Texas earlier this year.
Airbnb guests have spent $4.5 billion in restaurants worldwide, with visitors spending an average of $50 to $90 per check, the home-sharing company reported. The company estimates that around 56% of its travelers spend more on shopping and food than those staying in hotels, and 42% patronize restaurants in the neighborhood where they are staying.
The Michigan Senate has passed measures that would provide tuition aid for Flint youths going to college or university, and create a recovery authority to manage the city's long-term recovery efforts amid the ongoing water contamination crisis.
The American Academy of Pediatrics has released updated recommendations in the journal Pediatrics calling for no screen time for children younger than 24 months, except for video chats with family; a one-hour limit for children ages 2 to 5; and consistent screen-time restrictions for those ages 6 and older. The AAP also launched an online tool that allows parents to create their family's own media-use policy.
Restaurant-scarce Monterey Peninsula, Calif., is gaining six fast-casual eateries, including Smashburger, Blaze Pizza and Teriyaki Madness in a soon-to-open 385,000-square-foot shopping center. The city is one of many seeing an influx of restaurants as a result of the booming fast-casual sector, which grew by 10.4% globally in 2015, according to Euromonitor International.
E-Compass Acquisition Corp. will merge with NYM Holdings, parent of the eight-store New York Mart chain, in a $125 million deal aimed at creating a bigger chain of supermarkets serving the Chinese-American community, according to regulatory filings. The new venture, called iFresh, aims to add about 31 new stores during the next three years, largely through acquisitions in the fragmented market segment.
Spain's northern coastline harvests abundant seafood and produces some of the best wines to pair with it, Nuria Stylianou writes. Albarino wines have a crisp acidity that perfectly complements briny seafood, and young Rioja wines have a sweetness that pairs well with clams, she writes.
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