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Financing

Pumpkin products propel Starbucks’ recovery

The chain’s same-store sales improved in September, thanks to strong sales of the Pumpkin Cream Cold Brew and big consumer orders.

Financing

Yum Brands unloads Grubhub stock and calls it a win

The brand operator sold all of its shares of the delivery provider and pocketed a profit, ending what had been a notable deal, says RB’s The Bottom Line.

The fan favorite will be available for a limited time starting Dec. 2.

The chain’s sales at takeout and delivery units are on par with its rivals as the company works on closing its old full-service restaurants.

The former Boeing executive will modernize the company’s Hamburger University.

The chain has about a third of its breakfast business during the pandemic, but its speedier drive-thrus kept sales growing.

The company’s flagship coffee chain has closed nearly 700 locations this year, more than half of them inside Speedways, as it shifts strategy during the pandemic.

The chain will close its restaurants for four hours on Tuesday morning to give its employees time to vote.

The chains will add new technology to more than 10,000 North American restaurants by mid-2022 as drive-thrus become more important to fast-food chains.

The Canadian doughnut-and-coffee chain was working to regain its footing before quarantine sapped the company of its core consumers, says RB’s The Bottom Line.

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