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A California man posted a TikTok showing he was charged over $50 for a meal at Chipotle, citing inflation and rising costs. The chain increased prices by about 2% nationwide in 2024, amid concerns over affordability and declining store traffic. CEO Scott Boatwright acknowledged struggles with customer retention.
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Recent articles highlight a resurgence of nostalgic and innovative dining experiences, including KFC's return of a fan-favorite sauce, a lobster-topped Bloody Mary in Long Island, a pasta revival in Hong Kong, and a controversial pizza at a UK wedding. These stories reflect evolving consumer preferences amid economic and social shifts.
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On September 25, 2025, Starbucks announced layoffs of approximately 900 staff and the closure of about 1% of its North American stores, including its flagship Seattle roastery. CEO Brian Niccol aims to restore the coffeehouse experience amid six quarters of declining US sales. The cuts mainly affect support and corporate roles, while the company plans to invest in store improvements and technology.
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Amazon has paused its Prime Air drone deliveries in the West Valley of Phoenix after a collision involving two drones near a construction crane. The crash, which occurred on Wednesday, prompted investigations by the FAA and NTSB. Amazon plans to review safety protocols before resuming operations.
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Chipotle, Cava, and Sweetgreen report declining visits from 25-35-year-olds due to economic pressures, leading to lower sales and stock drops. Chains plan promotions and menu innovations to counteract reduced spending amid broader industry challenges.
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Yum! Brands is reviewing strategic options for Pizza Hut amid declining US sales and increased competition. The company has retained advisors to explore a potential sale, as Pizza Hut struggles with outdated dine-in formats and shifting consumer preferences toward delivery and value options. The review follows several years of sales decline and store closures.
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Home Depot lowered its earnings forecast but raised sales expectations amid a challenging housing market. McDonald's exceeded sales forecasts but missed earnings estimates due to increased marketing and consumer caution. Domino's faced declining order volumes amid higher prices, while Beyond Meat reported significant losses and cost cuts. These updates reflect ongoing economic pressures affecting retail and food sectors.