In a striking development that has sent ripples through the corporate world, Elliott Management, a powerhouse in activist investing, has taken a substantial $4 billion stake in PepsiCo, equating to roughly 2% of the beverage and snack giant’s total stock. This bold move comes at a time when PepsiCo
In the ever-evolving landscape of casual dining, few brands have managed to carve out a legacy as enduring as Bennigan’s and Steak and Ale, both under the umbrella of Legendary Restaurant Brands. Every year on September 17, these iconic names come together to celebrate National Monte Cristo Day, a
San Francisco-based fast casual chain The Melt is pulling out all the stops to mark National Cheeseburger Day on September 18 with an exciting promotion that has burger enthusiasts buzzing with anticipation. Known for its signature MeltBurger, often hailed as the “World’s Meltiest Burger,” the
In the ever-evolving landscape of the family dining industry, leadership transitions often signal a deeper commitment to growth and innovation, as seen with a recent executive promotion at a prominent hospitality management company. With franchise expansion becoming a cornerstone of success in the
Imagine a bustling crowd in San Antonio, Texas, gathered at a historic fast-casual spot, cheering as competitors devour stacks of tacos in a race against the clock. This isn’t just any food fest; it’s a landmark event hosted by Taco Cabana at their Austin Highway location, celebrating over four
In a bustling urban diner at the heart of a major city, a seasoned restaurateur stares at a stack of bills while the dinner rush begins, feeling the weight of every decision. With food prices soaring and labor costs unrelenting, choices about menu pricing and staff scheduling have turned into