Amelia Lucas
Restaurant Reporter at CNBC
@CNBC covering restaurants and food & beverage | send tips to [email protected]
Articles
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1 week ago |
cnbc.com | Amelia Lucas
Customers order at a Starbucks in Manhattan Beach, California, on July 19, 2024. Jakub Porzycki | Nurphoto | Getty ImagesAs Starbucks aims to bring back customers and assuage investors with its turnaround strategy, it is also winning over its store managers with promises to add more seating inside cafes and promote internally. Since CEO Brian Niccol's first week at the company, he's been pledging to bring the company "back to Starbucks" to lift sluggish sales.
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2 weeks ago |
cnbc.com | Amelia Lucas
The JBS Greeley meatpacking facility in Greeley, Colorado, US, on Friday, Feb. 28, 2025. Chet Strange | Bloomberg | Getty ImagesShares of Brazilian meat giant JBS made their U.S. public market debut on Friday, opening at $13.65 a share. The company is now trading on the New York Stock Exchange under the ticker "JBS," a day later than initially expected. JBS said it couldn't conclude certain operational procedures in time to debut on Thursday.
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2 weeks ago |
cnbc.com | Amelia Lucas
Former Starbucks CEO Howard Schultz drinks from a Starbucks mug while testifying before a Senate Health, Education, Labor, and Pensions Committee hearing to answer questions about the company's compliance with labor law on Capitol Hill in Washington., U.S., March 29, 2023. Julia Nikhinson | ReutersLAS VEGAS, NEV. — Former Starbucks CEO Howard Schultz said Wednesday that he "did a cartwheel" in his living room when current chief executive Brian Niccol first coined his "back to Starbucks" strategy.
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2 weeks ago |
nbcchicago.com | Amelia Lucas
• Starbucks unveiled a generative AI assistant created with Microsoft Azure's OpenAI platform at its Leadership Experience in Las Vegas. • The technology will roll out to stores in U.S. and Canada in fiscal 2026. • The coffee chain has been trying to simplify baristas' jobs and speed up service in its cafes as part of its turnaround plans.
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2 weeks ago |
nbcnews.com | Amelia Lucas
Chipotle Mexican Grill is hoping that Americans' love for ranch will boost its sales. On June 17, the burrito chain is launching Adobo Ranch, a spicier take on the iconic condiment that has transcended salads to adorn pizza, chicken wings and chips. The menu item is Chipotle's first new dip since queso blanco, which launched in 2020. The debut comes as Chipotle tries to recover from a rough start to the year. In the first quarter, the company reported its first same-store sales decline since 2020.
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