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Plant-based burger maker Impossible Foods is beefing up its coffers — again. The Silicon Valley based company just raised $200 million — and that’s on top of the $500 million it raised in March — as demand for its veggie burgers increases and it rushes to expand its manufacturing capabilities. Its latest funding round was …
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Zoë Kravitz has discovered the best burger in New York City — or maybe anywhere. The “High Fidelity” star, 31, stopped by Justin Theroux-owned Ray’s Bar in the Lower East Side on Thursday to check out a pop-up hosted by Gotham Burger Social Club a.k.a Mike Puma, who was doling out his signature Gotham Smash …
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Fat Brands is going to have to loosen its belt after this acquisition. The parent company of popular burger chain Fatburger saw its shares skyrocket more than 200 percent after it announced that it would be acquiring fellow burger slinger Johnny Rockets. The $25 million deal will see it add 700 locations of the 1950s-themed …
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Ever since the ’50s, when the motion-picture industry felt existentially threatened by the rise of television (much as forces within it today feel existentially threatened by the rise of streaming), the movies have found ways to entice people into theaters with added benefits. 3D was the original P.T. Barnum attraction (the golden age of 3D …
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All CEOs should have sisters like these. Goya Foods’ President Trump-loving CEO nearly lost his job last month as members of the family-owned business sought to inject new blood into the company through a partial sale to a private equity firm. As The Post reported on July 19, Robert Unanue beat back efforts to sell …
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Food-delivery companies like Grubhub and UberEats can expect their margins to get squeezed in the Big Apple for a while longer, The Post has learned. City Council members are slated to meet Aug. 13 to extend emergency legislation that caps the commissions and delivery fees those companies charge restaurants. Passed in May, the strict rules …
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Uber Technologies Inc said demand for its food delivery service more than doubled in the second quarter as many users remained largely homebound, while demand for ride-hailing trips was only marginally recovering from pandemic rock bottom. The company said that despite those larger challenges it is sticking to its goal of being profitable on an …
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Blue Apron’s financials finally look appetizing — but the company warned that its surprise profit won’t last. The New York-based meal-kit maker swung to a $1.1 million profit in the second quarter — a sharp turnaround from its year-ago loss of $7.7 million — as the coronavirus pandemic kept restaurants shuttered and consumers cooking at …
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McDonald’s on Friday announced that all customers will be required to wear face coverings when entering one of its fast-food restaurants. The change, which kicks in Aug. 1, is part of a number of new safety measures being implemented by the Golden Arches. The burger chain is also pausing dining room reopening for another 30 …
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More than a dozen workers sued Whole Foods after the grocery giant allegedly punished some of them for wearing “Black Lives Matter” face masks on the job. The 14 workers in four states say staffers were sent home without pay, formally disciplined or even fired for donning the masks in solidarity with the nationwide movement …