Maple Park Capital Partners has acquired a majority stake in Rita’s Italian Ice & Frozen Custard, as announced in a recent press release. The financial details of the transaction have not been disclosed. This partnership is expected to facilitate Rita’s growth and expansion through...
McDonald's, a globally recognized fast-food company, recently made headlines with its announcement of a shift in focus from diversity, equity, and inclusion to a more inclusive approach. In a statement released on January 6, the company outlined its decision to step back from diversity...
McDonald's CEO, Alistair Macrow, faced a parliamentary select committee hearing where he admitted to the dismissal of 29 employees following sexual harassment allegations. This revelation comes after the company received 75 allegations of sexual harassment within its business, with 47 of them being...
Tim Hortons, a well-known Canadian coffee and fast-food chain, has recently opened its first sustainable restaurant in Canada in Regina. The store is owned by the Di Stasi family and features several environmentally friendly initiatives aimed at reducing its carbon footprint and promoting sustainability.
One...
Starbucks, a global coffeehouse chain, has faced challenges in recent years due to increasing competition, economic challenges, and strategic missteps. The company reported a 2% decline in global comparable store sales in fiscal year 2024, with a significant 10% decline in traffic in...
Business confidence in the UK is facing a significant decline, reaching its lowest levels since the disastrous mini-budget in September 2022. According to a survey conducted by the British Chambers of Commerce, nearly 5,000 businesses expressed concerns over taxation, which have reached their...
