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Top Verdict Foodservice News

Starbucks to close stores, cut 900 jobs in $1B restructuring — Kevin Dietsch/Getty Images via Getty Images

Starbucks · Seattle

Starbucks to close stores, cut 900 jobs in $1B restructuring

68% Center coverage: 269 sources

Starbucks is taking “significant action” to turn around its struggling business, closing a large number of cafés and announcing a second round of layoffs at its headquarters as part of CEO Brian Niccol’s efforts to resuscitate the troubled chain.See the Story

Chicken Salad Chick Strengths Midwest Presence with Six New Signed Agreements

United States · United States

Chicken Salad Chick Strengths Midwest Presence with Six New Signed Agreements

Fast-Growing, Fast-Casual Restaurant Concept Expands into Michigan, Minnesota, Illinois, Indiana, Kansas, and Oklahoma See the Story

Taco Bell · London

Karali Group Buys French Brasserie Brand Côte - Dining and Cooking

Led by Salim Janmohamed OBE and Karim Janmohamed, Karali Group is multi-national business whose other interests include Marugame Udon UK and Taco Bell. This summer, Partners Group, the Swiss private equity firm that acquired Côte out of administration in 2020, appointed Interpath Advisory to explore options for new investment. “I am proud to have led [...]See the Story

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