Food - Global Stock Updates

An Ivy League sophomore says he found a $105,000 side hustle: selling coveted restaurant reservations

Alex Eisler's biggest sale to date was for $1,358 for an omakase restaurant in Boston, he told Business Insider. more

Geoff Weiss (via Business Insider) | 4/27/24

A vegan restaurant is switching to serving meat, saying plant-based eating isn't enough to save the planet

In a move condemned by PETA, Sage Vegan Bistro in LA is rebranding to include meat on its menu. The chef says she no longer sees a vegan diet as best. more

Joshua Zitser (via Business Insider) | 4/25/24

Popular restaurant chain filing for bankruptcy, closing all locations

The market and kitchen locations achieved considerable growth over the past several years. more

Jena Warburton (via TheStreet) | 4/23/24

Nespresso, Keurig make biggest coffee changes yet

The at-home coffee makers are switching up a key part of the process. more

Jena Warburton (via TheStreet) | 4/23/24

Taco Bell tests a new cheap deal amid rising prices

The new "Discovery Box" promotes the chain's new chicken cantina meat. more

Veronika Bondarenko (via TheStreet) | 4/23/24

Amazon launches genius new subscription product

The online retailer has been trying to solve this common problem for years. more

Jena Warburton (via TheStreet) | 4/23/24

Young Chinese are trading Shanghai for small cities. Brands like KFC are following them with thousands of stores.

Economic troubles in metros like Beijing and Shanghai are pushing people to move to smaller cities, where they have more disposable income. more

Shubhangi Goel (via Business Insider) | 4/23/24

How Africa's first caviar won over Michelin-starred restaurants in Europe

Aciepenser built a caviar business in Madagascar, one of the world's poorest countries. It's won over Michelin-starred chefs. How did they do it? more

Jeremy Dreyfuss,Abby Narishkin,Robin Lindsay,Dorian Barranco (via Business Insider) | 4/22/24

The GOP's got a growing beef with lab-made meat

The industry of lab grown meat is still in its infancy, but that hasn't stopped politicians from trying to turn it into a culture war issue. more

Katherine Tangalakis-Lippert (via Business Insider) | 4/21/24

McDonald's menu adds some wild new 'secret' sandwiches

McDonald's latest innovations borrow heavily from its secret menu and you can order most of them even if a location isn't participating. more

Daniel Kline (via TheStreet) | 4/21/24

Nationwide fast-food chain files surprise Chapter 11 bankruptcy

The nationwide chain faced deep competition that led to huge financial problems. more

Kirk O’Neil (via TheStreet) | 4/20/24

A restaurateur learned the hard way not to mess with Lauren Sánchez

NYC restaurateur Keith McNally insulted Lauren Sánchez in an unhinged, image-attacking Instagram post. It didn't go over well. more

Grace Eliza Goodwin (via Business Insider) | 4/20/24

Amazon fixes a shopping problem for rival retailers

The online retailer has made several expansion pushes in recent years. more

Jena Warburton (via TheStreet) | 4/18/24

Fast food has become a luxury in California, a franchisee says

The California franchisee warned that customers have to "think twice" about whether they can afford fast food as prices soar with the new $20 wage. more

Grace Dean (via Business Insider) | 4/17/24

Costco gets viral Trader Joe's item that's always sold out

The warehouse club is cashing in on some popular consumer trends. more

Jena Warburton (via TheStreet) | 4/16/24

Cheap grocery chain adds a fancy Whole Foods-style feature

The food market, which operates across the northeast and mid Atlantic, is adding a crowd pleaser. more

Jena Warburton (via TheStreet) | 4/15/24

Not-So-Happy Meal: $20 Wages Has Burger Joints In This State All Heated

Some fast food joints are cutting employee hours. Others are installing digital order kiosks — a trend that was already in full swing. read more more

Natan Ponieman (via Benzinga) | 4/15/24

Squatters have taken over Gordon Ramsay's restaurant in London and are threatening legal action

Metropolitan Police in London told BI they're "aware" of the situation at Gordon Ramsay's restaurant and will "take action when appropriate." more

Lauren Edmonds,Mia Jankowicz,Grace Dean (via Business Insider) | 4/15/24

McDonald's menu adds new takes on a fan-favorite sandwich

The fast-food giant has given its customers more of something they seem to love. It's a new take on a modern classic, and it's rolling out nationwide. more

Daniel Kline (via TheStreet) | 4/15/24

Fast-food franchisees in California fear they'll lose customers to Chili's and Applebee's as prices soar over $20 wage

Fast-food franchisees in California worry diners may flock to Chili's and Applebee's to avoid price hikes introduced to offset the $20 fast-food wage. more

Grace Dean (via Business Insider) | 4/14/24

The rapid rise and fall of ghost kitchens

Major brands like Wendy's and Kroger are scaling back ghost kitchen operations due to stress and customer complaints, The New York Times reported. more

Kenneth Niemeyer (via Business Insider) | 4/14/24

How our mouths taste bitterness, according to science

Scientists are unraveling the secrets of how our mouths can taste bitterness. A new study details the structure of a key bitter taste receptor and finds evidence that cholesterol seems to play an … more

Ed Cara / Gizmodo (via Quartz) | 4/13/24

McDonald’s is bringing back a discontinued favorite

Several of McDonald’s breakfast menu items were cut during the pandemic. more

Veronika Bondarenko (via TheStreet) | 4/12/24

I was laid off from Lyft and it was a relief. Here's exactly how I used my severance to land somewhere better.

This former Lyft employee was laid off and invested her severance package into career coaching, starting a food business, and self-care. more

Robin Madell (via Business Insider) | 4/12/24

KFC rolls out new discount value menu deals to challenge Popeyes

KFC offers lower-priced value menu deals as people budget their finances due to inflation. more

Kirk O’Neil (via TheStreet) | 4/11/24