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Topgolf is rethinking its pricing structure. The golf-and-food chain’s same-store sales fell 12% last quarter and parent company Topgolf Callaway Brands lowered its expectations for sales this year.
Sociologist Ray Oldenburg coined the term “third place” in his book The Great Good Place, published in 1989. Starbucks unquestionably mainstreamed the idea of having a physical place that ...
The Consumer Price Index rose on a seasonally adjusted basis of 0.2% in April, equating to a 12-month inflation rate of 2.3%, according to federal data released Tuesday morning. These numbers were ...
Restaurant chains are turning to a wide variety of tactics to get traffic in the door. Same-store sales have been broadly weak so far this year, leading operators to consider a variety of tactics ...
On Wednesday, May 7, No Kid Hungry, a national campaign to end childhood hunger in America, and its supporters gathered at the New York Stock Exchange (NYSE) to launch its campaign to end summer ...
I ordered takeout from a wings restaurant on Super Bowl Sunday. Big mistake. The 45-minute wait nearly cost me kickoff. I stood there, surrounded by frantic delivery drivers, flashing hazard ...
Conditions in the restaurant industry are deteriorating. That’s according to Fitch Ratings, which lowered its outlook for the U.S. restaurant industry to “deteriorating” from neutral, the ...
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