Month: April 2018

AccorHotels wants to evolve from a hospitality company to a services and experience platform for travelers and locals alike. CEO Bazin is willing to take risks to achieve this goal, even if some of the company’s investments don’t ever pay off. (Skift)

Domino’s Pizza Inc. blew past first quarter expectations as traffic increased and same-store sales surged during outgoing CEO Patrick Doyle’s last full quarter with the company. Domestic same-store sales were up 8.3 percent during the quarter ended March 25, compared to a year earlier. (Nation’s Restaurant News)

Global and U.S. same-store store sales increased 2 percent at Starbucks for the second quarter ended April 1, the company reported Thursday. The increase in same-store sales was tied to a 3 percent increase in average tickets, the company said prior to hosting a conference call with investors. (Nation’s Restaurant News)

The price of wine is going up. Global wine production slumped to its lowest level in 60 years in 2017, according to data from the International Organisation of Vine and Wine. The most recent harvest produced 25 billion liters of wine, a decrease from 26.7 billion in 2016 and 27.6 billion in 2015. (ABC 7 Eyewitness News)

As chefs bring increasing attention to the diverse landscape of Latin American cuisine in both casual and upscale settings, demand for high-quality Latin ingredients is on the rise. Chefs and home cooks have more options than ever when it comes to sourcing the building blocks of Latin dishes, whether that means heirloom corn imported from Mexico or a Peruvian herb grown near the US capital. (SmartBrief)