Guzman y Gomez exits US to refocus domestic operations
Guzman y Gomez (ASX:GYG) announced an immediate exit from the United States market, shutting down its Chicago restaurants.
Guzman y Gomez (ASX:GYG) announced an immediate exit from the United States market, shutting down its Chicago restaurants.
Sysco Corp. is acquiring Jetro Restaurant Depot LLC for $29.1 billion from billionaire Nathan "Natie" Kirsh. The deal will create one of the largest food-service groups in the US. Liana Baker reports.
India's massive restaurant industry, which feeds and employs millions, faces severe disruption as gas shortages halt commercial supplies and force outlets to scale back their menus or shut. With most kitchens dependent on LPG cylinders, the crisis threatens small businesses and jobs. Zorawar Kalra, Vice President of the National Restaurant Association of India, discusses the fallout with Haslinda Amin and Menaka Doshi on Insight with Haslinda Amin.
Brett Schulman, Co-Founder and CEO of CAVA, discusses how the company has been able to outpace inflation and competitors while maintaining high-quality ingredients, convenient multichannel access, and a strong customer experience. He speaks with Romaine Bostick on "The Close."
Michelin starred chef and restaurateur Angela Hartnett OBE discusses looking at every layer of the business when it comes to pricing dishes with Blomberg's Mishal Husain and Kate Krader. Filmed at a subscriber event held on June 4, 2025."
Chip Wade, CEO of Union Square Hospitality Group, discusses trends in the fine-dining sector, highlighting increases in foot traffic and customer spending across the company's restaurants. He speaks with Romaine Bostick and Katie Greifeld on "The Close."