chain
Red Lobster exited bankruptcy in September with new CEO Damola Adamolekun.Adamolekun said the brand is improving its menu, service, and music at Red Lobster restaurants.He also described value as “an equation” between price and what you get for the cost.Red Lobster is charting a course for recovery under the leadership…
Investing.com — Porsche AG’s (ETR:) early outlook for 2025 signals a challenging year ahead, as the company grapples with supply chain issues, higher costs, and a drop in vehicle volumes. Analysts at Jefferies revised their forecasts downward following Porsche’s latest update, slashing the 2025 group EBIT estimate by 14% and reducing…
The parent company of fast-casual chain Panera Bread has a new CEO.The restaurant has undergone a menu overhaul and seen lawsuits over highly caffeinated beverages.It’s the latest in a series of leadership switches at restaurant chains over the past 12 months.The parent company of fast-casual chain Panera Bread is getting…
Starbucks underwent many changes this year, and more are likely coming in 2025.New CEO Brian Niccol will face choices about Starbucks’ unionized stores and its China business.Starbucks faced slumping sales and dealt with activist investors in 2024.Signs that Starbucks needed a turnaround mounted in 2024. It might get one in…
Investing.com — The NVIDIA (NASDAQ:) GB200 rack-mounted solution requires further optimization and adjustment in its supply chain, according to recent research by TrendForce. The complex design specifications of the GB200 rack, including high-speed interconnect interfaces and thermal design power (TDP) requirements that exceed market norms, are the primary reasons for…
By Abigail Summerville NEW YORK (Reuters) – Buyout firm TPG is weighing a potential sale of Crunch Fitness that could value the gym chain at more than $1.5 billion, including debt, people familiar with the matter told Reuters on Tuesday. TPG, which acquired Crunch Fitness through its buyout arm that…
SolidIntel CEO advises clients on derisking supply chains amid tariff concerns.China’s dominance in rare earth minerals poses risks to tech supply chains.Friend-shoring and nearshoring are strategies to enhance national security and tech resilience.Megan Reiss has been very busy since the election. The CEO and founder of SolidIntel, a D.C.-based supply…
By Lisa Barrington BANDAR SERI BEGAWAN, Brunei (Reuters) – Asia-Pacific travel demand has recovered from the pandemic, but earnings at the region’s airlines are under pressure from supply chain problems disrupting operations and exposing them to strengthening consumer protection rules, industry executives say. A shortage of parts, labour and new…
General Motors is investing $625 million in the electric vehicle supply chain.The funds will help Lithium Americas Corp develop and operate a major lithium mine in Nevada.Despite EV production cuts, GM aims to strengthen the domestic lithium supply chain. Detroit-based automaker General Motors is pumping money into the domestic supply…
