Wendy's reported better-than-expected earnings Wednesday. The company said it expects sales of its breakfast items to grow, prompting it to raise its forecast for the rest of the year. The fast-food chain's new chicken sandwich also boosted sales and helped it to grab a bigger piece of the...
Beyond Meat will offer Walmart shoppers free samples at stores around Dallas and SoCal. Beyond Meat said Wednesday Beyond Meatballs will now be available at 2,100 Walmart stores. Sales through restaurants that sell Beyond Meat dropped 31% year-over-year in 2020. See more stories on Insider's business page. Beyond Meat...
THE WHAT? L Brands has announced it is to spin off Victoria’s Secret as a standalone company rather than sell the brand, according to a report by the NY Times. THE DETAILS The company has been weighing up its options for the brand over the last 12 months, having entered into talks...
THE WHAT? Internet fashion giant Boohoo has lined up 200 cosmetic brands to showcase on the major relaunch of the beleaguered Debenhams online business this fall, according to a report by This is Money. THE DETAILS Boohoo bought out the e-commerce arm of the ailing UK department store in January this year,...
