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Survey Shows Restaurants Won’t Recover from COVID-19 without Rent Relief

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TORONTO — A new survey from Restaurants Canada has revealed nearly all foodservice businesses are concerned about their current debt levels and many won’t...

New Details Released for Canada Emergency Wage Subsidy

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OTTAWA — Finance Minister Bill Morneau provided further details on the eligibility criteria for businesses to access the Canada Emergency Wage Subsidy (CEWS) yesterday. “The government...

Federal Government Provides Updates on Economic Response Plan

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On April 1, the Government of Canada provided updates on support measures included in its COVID-19 Economic Response Plan.  In a press conference, Minister of...

Flow Alkaline Spring Water Announces Chief Revenue Officer

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TORONTO — Tim Dwyer, a senior sales leader who has worked at Red Bull, PepsiCo and, most recently, Vita Coco, is joining Flow Alkaline Spring...

Yum Brands Reports Mixed First Quarter Results

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LOUISVILLE, Ky. — Yum Brands Inc. announced mixed first-quarter results, as overall sales rose at Taco Bell and KFC, but its China market showed...

NPC International Acquires 56 Wendy’s Units

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OVERLAND PARK, Kan. — Kansas-based NPC International, Inc. has set its sights on Wendy’s for acquisitions, announcing it’s entered into an agreement with Charlotte, N.C.-based Carlisle Corporation to acquire 56 Wendy’s units for $58.2 million.

Starbucks Announces Record Performance and Oprah Tea

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SEATTLE — Starbucks executives shared highlights of the company’s past year as well as a new Tea partnership with Oprah Winfrey during its 2014...

Aramark Files for IPO

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PHILADELPHIA — Aramark Holdings Corporation has filed to take the company public, with plans to raise $100 million in an initial public offering. This marks...