Smashburger, a Denver-based burger chain, will expand to about 500 units in the U.S. in the next two to three years and may consider an initial public offering, Chairman and Chief Executive Officer Dave Prokupek said.
Seattle’s Best Coffee, the chain owned by Starbucks Corp., tomorrow will open 10 new locations mostly in Wal-Mart Stores Inc. parking lots, in what will be the biggest one-day opening event ever for the coffee seller.
Yum! Brands Inc., owner of the KFC and Pizza Hut dining chains, said sales at stores open at least 12 months fell 29 percent in China in April as customers remained concerned about the safety of its chicken and the spread of bird flu hurt demand.
Green Mountain Coffee Roasters Inc., the maker of Keurig single-serve brewers, rose the most in more than two years after boosting its profit forecast on higher K- Cup sales and announcing an expanded partnership with Starbucks Corp.
Green Mountain Coffee Roasters Inc., the maker of Keurig single-serve brewers, rose to the highest price in more than a year after boosting its profit forecast on higher K-Cup sales and announcing an expanded partnership with Starbucks Corp.
Whole Foods Market Inc. gained the most in more than nine months after the largest natural-goods grocer in the U.S. boosted its forecast for earnings this year and said second-quarter profit climbed 20 percent.