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Financing

Here is what Nelson Peltz should do with Wendy’s

The Bottom Line: The company’s longtime largest shareholder may try to buy the whole chain. But the company could consider a merger. Here are a few of our ideas.

Financing

How avocado toast, and a few other products, are pushing Dunkin’ into a new future

The venerable chain has already evolved from a doughnut into a beverage chain. Its more recent success has come from colder beverages and menu items aimed at younger consumers.

Taste Tracker: Cool off with cocktails at BJ’s and Fridays; Burgerville and Chopt spec new salads; Church’s takes to smoke; Carrabba’s celebrates Father’s Day; and more menu news of the week.

The awards, widely considered the “Oscars of the food world,” took a two-year pause to try to become more diverse, equitable and inclusive to give more chefs access to the potentially career-changing prize.

The Bottom Line: On Thursday, Macy’s said its consumers were fine, while Burlington said its consumers were not, showing that inflation is first taking its toll on lower-income customers.

The Bottom Line: The burger chain tried operating other brands and then sold them to focus on its core brand. But that may not be doing the company any favors on Wall Street.

Tech Check: A report from DoorDash shows that the big apps are increasingly becoming consumers’ chosen method for finding and ordering food to-go.

The Bottom Line: The National Restaurant Association Show displayed some of the latest gadgets to improve efficiency and reach more customers. But can those that need it most afford it?

The Bottom Line: The interim CEO, who did away with company buybacks, has been buying up shares of the company’s stock and now owns 21.8 million shares directly or indirectly.

The Bottom Line: Margins were fine last fall as sales recovered. But high food costs on top of high labor costs have done them in. And some concepts are already feeling the pain.

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