Amelia lucas cnbc

Amelia Lucas is a reporter at CNBC, specializing in covering restaurants amelia lucas cnbc the food and beverage industry. Amelia's articles provide insights into industry trends, business strategies, and the latest developments in the food and beverage sector. Preston is the artificial intelligence that powers the Intelligent Relations PR platform.

Skip Navigation. Investing Club. Amelia Lucas Restaurant Reporter. Yum China CEO says consumers are growing more 'rational' as rising costs cut dining budgets. Amelia Lucas March 1,

Amelia lucas cnbc

.

Beyond Meat is launching a new version of its plant-based burger in grocery stores this spring, betting that an even healthier version of its burgers will lure back consumers.

.

Coca-Cola announced on Friday a workforce restructuring plan that will include voluntary job cuts. The stock has fallen 12 percent this year. Coke said it will offer voluntary layoff packages to employees who qualify, starting with about 4, workers in the U. The voluntary buyouts are expected to limit the number of involuntary job cuts that will follow. Coke had roughly 86, employees worldwide as of Dec. On the operations side, nine new divisions will replace 17 business units and will focus on scaling new products faster and eliminating the duplication of resources. The coronavirus pandemic led its second-quarter earnings to fall 33 percent , but CEO James Quincey, who has led the company since , has said it is trying to emerge from the crisis stronger than before. The company plans to build new operating units focused on the regional and local level that will work closely with five global marketing leadership teams, divided up by category. The beverage categories include its namesake soda brand; sparkling flavors; hydration, sports, coffee and tea; nutrition, juice, milk and plant; and emerging categories.

Amelia lucas cnbc

Just ahead of the holiday season, Walmart had encouraging news for inflation-weary shoppers: Prices on food and other staples were falling instead of rising. The retail giant said if the trend continued, it would soon contend with deflation in some of those key household categories, which would be a welcome sight for consumers emerging from the worst price increases in decades. But the retail giant backpedaled this week, saying higher prices on many grocery items and household staples like paper goods have stuck. In recent weeks, corporate leaders have sung a similar tune — at a time when inflation is cooling but prices are still rising faster than the Federal Reserve would like. Home Depot said the prices of home improvement items have "settled" rather than fallen. Coca-Cola and the makers of other popular brands of snacks, sodas and household essentials said their prices are still ticking higher than a year ago. While they're planning for more modest price hikes, shoppers should not expect price cuts, either. The latest government data backs that up: while the rate of price increase is dipping year over year, the latest inflation metric came in hotter than expected.

Cat art drawings

Yum China CEO says consumers are growing more 'rational' as rising costs cut dining budgets. McDonald's and Starbucks blame the Israel-Hamas war for slower sales — and the recovery might take a while. This information evolves through machine learning and human feedback. While economists and investors fret over China's low consumer confidence and sluggish growth, Yum China CEO Joey Wat says the Chinese consumer is growing more rational — and has been for years. Daniela Sirtori-Cortina. Amelia Lucas Restaurant Reporter. Brooke DiPalma. Starbucks is expected to report its fiscal first-quarter earnings after the bell on Tuesday. Aneurin Canham-Clyne. Amelia Lucas February 21,

Kellogg is planning to separate into three independent public companies, sectioning off its iconic brands into distinct snacking, cereal and plant-based businesses. Kellogg, along with rivals like Frito-Lay-owner PepsiCo and Oreo-cookie owner Mondelez , have leaned into the trend by introducing more snacks and snapping up smaller brands. Cereal sales, by contrast, have stagnated in the U.

Consumers are tired of inflation. Yum Brands disappoints as Middle East conflict weighs on sales growth. While economists and investors fret over China's low consumer confidence and sluggish growth, Yum China CEO Joey Wat says the Chinese consumer is growing more rational — and has been for years. Restaurant Brands earnings beat estimates, fueled by strong Tim Hortons sales. McDonald's and Starbucks blame the Israel-Hamas war for slower sales — and the recovery might take a while. Brooke DiPalma. She heavily relies on data and press releases for her articles, indicating a preference for fact-based information directly from primary sources. Additionally, since Amelia covers topics related to earnings reports and financial developments in the industry, providing expert analysis of these events could capture her attention. Coverage Attributes: Beta. Starbucks extends past pay hike to union workers as it thaws relationship with Workers United. Restaurant Business , mergersacquisitions. If you have proprietary data or research relating to the performance of major players in the fast-food or restaurant space, it might align well with Amelia's reporting style. PepsiCo earnings top estimates, but quarterly revenue slides for the first time in nearly four years. This information evolves through machine learning and human feedback. Investing Club.