McDonald’s reports a surprising 1% drop in global same-store sales, driven by economic uncertainty and weak consumer confidence. The U.S. market saw a 3.6% decline, the worst since 2020, prompting the chain to expand its value menu.
As tariffs on imports from Mexico and Canada take effect, food distributors like Sysco scramble to manage avocado supply challenges. Will consumers face higher prices for their favorite dishes?
Starbucks is laying off 1,100 corporate employees as part of a restructuring plan to drive greater impact and efficiency. CEO Niccol leads the 'Back to Starbucks' effort amidst financial challenges.
