Every valuation is a story that someone agreed to believe. In private markets, that story gets told in a conference room, signed by a handful of investors, and then repeated for years as if it were a fact. Nobody has to test it. There is no daily quote, no crowd of skeptics pricing the risk
A popular sports bar and grill chain has abruptly closed four restaurants, cutting its footprint by 20%, less than two years after a new owner acquired the brand. The closures come as restaurant chains across the country continue to deal with severe challenges stemming from rising food and labor costs, shifting consumer habits, and aggressive
Fall is one of the most predictable seasons in the restaurant industry. As temperatures begin to drop, major chains roll out limited-time flavors to bring customers back for familiar favorites. And few seasonal flavors have become as recognizable as pumpkin spice. This fall, however, McDonald’s is taking a different approach, discontinuing a longtime favorite nationwide.
Coca-Cola stock split quick facts Most recent split: 7/27/2012 (2-for-1) First split: 4/25/1927 (technically a 1-for-1 stock dividend) Decades with most splits: 1960s and 1990s (3 splits each) Most common split ratio: 2-for-1 In honor of America’s 250th birthday, Coca-Cola (KO) published a sponsored feature in The Atlantic, making a bold yet plausible claim: The
For moviegoers, some theaters become more than places to watch the latest blockbuster. They become part of the neighborhood, familiar landmarks where generations of movie fans have spent countless hours making memories with family and friends or escaping reality for a while. But even as moviegoing rebounds, major theater chains continue to reshape their footprints,
By almost every measure, Walmart is the country’s largest big-box retailer, which makes it an important barometer for consumer spending. Which is why its latest earnings report caught some attention. Comparable sales were up just 2.6% for Q2 FY2027, down from 4.1% during Q1 and marking its slowest comparable sales growth since the start of
While dozens of airlines around the world have filed for bankruptcy or shut down operations since the start of 2026 over the sudden spike in jet fuel prices, companies in adjacent industries have also hit upon hard times amid an uncertain economy. A number of cruise booking and travel agencies, travel insurance providers and in
Several mattress and bedding retailers are facing financial distress in 2026 after the industry finished 2025 with higher revenue. The U.S. bed and mattress stores sector navigated a period of steady growth, with revenue rising by 1.3% to $28.4 billion year over year in 2025, according to IbisWorld analysis. North Charleston, S.C.-based Mattress Warehouse of Charlotte Inc.,
Starbucks continues to reshape its corporate workforce as part of CEO Brian Niccol’s broader effort to simplify company operations, cut costs, and reorganize locations of certain support functions. The coffee giant has already eliminated hundreds of corporate roles this year, consolidated parts of its regional office network, and expanded its presence in Nashville as it
BJ’s Wholesale is planning a major change to its in-store offerings as it sees customer behavior shift. In the second quarter of this year, the warehouse club saw its comparable club sales (including gasoline) increase by 11.9% year over year, according to the latest earnings report. Its membership also grew to a record 8.5 million.