Amelia lucas cnbc
Amelia Lucas is a reporter at CNBC, specializing in covering restaurants and 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. Amelia lucas cnbc Preston.
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, Starbucks extends past pay hike to union workers as it thaws relationship with Workers United. Amelia Lucas February 27,
Amelia lucas cnbc
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McDonald's and Starbucks blame the Israel-Hamas war for slower sales — and the recovery might take a while. Amelia Lucas February 9, Skip Navigation.
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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. The consumer price index, a broad measure used to track what shoppers pay for goods and services across the economy, rose 3.
Amelia lucas cnbc
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.
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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. Yum Brands disappoints as Middle East conflict weighs on sales growth. McDonald's has upgraded its burgers — but it's unclear if its sales will get the same boost. Skip Navigation. Coverage Attributes: Beta. Pitching Insights. Beyond Meat launches new, healthier version of burger in bid to bring back customers. Brooke DiPalma. Coca-Cola CEO says inflation is moderating in most markets after higher prices boost revenue. PepsiCo reported quarterly earnings that topped Wall Street's expectations, but its revenue missed estimates. Amelia Lucas February 16, But some retailers fear falling prices. Meet Preston.
Kellogg is planning to separate into three independent public companies, sectioning off its iconic brands into distinct snacking, cereal and plant-based businesses.
Pitching Insights. Yum Brands disappoints as Middle East conflict weighs on sales growth. The company's net sales fell 0. Starbucks extends past pay hike to union workers as it thaws relationship with Workers United. Restaurant Brands earnings beat estimates, fueled by strong Tim Hortons sales. Tonya Garcia. Brooke DiPalma. 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. McDonald's and Starbucks blame the Israel-Hamas war for slower sales — and the recovery might take a while. Starbucks is about to report earnings. Amelia Lucas February 9,
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