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Burger King Discloses $400 Million Revival Plan to Increase U.S. Sales

Rebecca Urena09/09/202209/09/2022

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Burger King revealed plans to invest USD400 Million throughout the next two years on advertising and renovating its restaurants amid a strategy set to boost lagging U.S. sales. The...

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GameStop Fires CFO Amid Job Cuts

Rebecca Urena07/08/2022

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GameStop (NYSE: GME) announced that it has fired its Chief Financial Officer, Mike Recupero, as it makes staff cuts throughout various departments amid an aggressive turnaround plan. According to...

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Peloton Boosts Employee Pay Incentives Amid Turnaround Strategy

Rebecca Urena07/06/2022

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Peloton (NASDAQ: PTON) has improved incentives for its employees by offering one-time cash bonuses and making changes to its stock compensation plan as it strives to retain workers and...

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Macy’s Reports Strong Sales Growth

Rebecca Urena02/22/2022

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Macy’s (NYSE: M) topped fourth-quarter earnings Tuesday with sales that surpassed analysts’ estimates. Moreover, the company says that following a strategic review, it has opted to hasten its turnaround...

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Burger King to Reduce Menu Items & Speed up Drive-Thru Lanes

Rebecca Urena12/01/202112/01/2021

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Burger King launched a turnaround plan that includes the elimination of certain menu items as it strives to shorten drive-thru times. Jose Cil, CEO of Restaurant Brands International (NYSE:...

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Hertz Surges Following Appointment of Ex-Ford CEO Mark Fields as Interim CEO

Rebecca Urena10/05/202110/05/2021

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Hertz Global (OTCPK: HTZZ) shares rose 13.3% Tuesday after naming former Ford CEO Mark Fields as its interim chief executive officer. Fields, who joined the Hertz board of directors...

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