In a uncommon flip, a restaurant has gone public. Kura Sushi USA, a “revolving sushi bar” that gives small plates that includes 140 gadgets, started buying and selling on the Nasdaq underneath the image “KRUS” on Thursday. The IPO priced late Wednesday at $14, on the low finish of the $14-to-$16 worth vary. The stock’s […]
Is the best way to a shopper’s pockets via his abdomen? American Express AXP, +0.54% is betting that the reply is sure. Beginning this week, American Express will reward Gold Card holders […]
Dear Moneyist, Tipping is meant to be a “gratuity” not an obligation. Now it’s perceived by many, if not most, as stealing from the worker if you don’t depart a tip. I used to be lately informed that not leaving a tip is taking meals from their youngsters’s plate. In many institutions the […]
Once seen as a really robust business driving the secular development of Americans shifting away from cooking at residence, the restaurant sector is beginning to really feel rising pains. With U.S. inhabitants progress slowing and immigration turning into harder, same-store visitors declines are backing restaurant corporations right into a nook. The selection is straightforward: proceed […]
CNBC is reporting that Bill Ackman‘s activist agency Pershing Square Capital Management has bought $610 million value of Restaurant Brands (QSR) in a block commerce, promoting 10 million shares at $61 per share. After this commerce, Pershing would nonetheless personal 29 million shares of QSR utilizing the newest figures from their first quarter 13F submitting. […]
A recruiting agency founder is aware of a brand new job can change every part — even for her franchisees. SOURCE: Entrepreneur – Read whole story here.
Just once I thought the restaurant sector was lifeless on Wall Street, we see that quick informal, Canadian-born Freshii (FRII.TO) has pulled off a powerful IPO, providing shares lately at $11.50 every (CAD). With the inventory close to $14, Freshii’s market worth is approaching $430 million (CAD). Adjusting these figures right into a U.S. greenback […]