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Starbucks’ renting offers edge over Dunkin’ Donuts

Bloomberg Starbucks has sought every means to fuel its growth while fending off smaller, lower-cost rivals like Dunkin’ Donuts. And a push to lease stores, rather than own them, may be part of the answer. The two companies have vied for foot traffic to maintain same-store sales growth, which for Starbucks Corp. is at its lowest level since 2009. But ...

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Just Eat shares fall over delivery investment plan

Bloomberg Shares in Just Eat Plc fell the most in 20 months despite the food-delivery company beating revenue estimates, after concerns over future spending and acquisition costs. Just Eat’s full-year 2017 revenue grew 45 percent to $755 million, with underlying earnings up 42 percent to 164 million pounds. International revenue grew 75 percent, representing 44 percent of group revenue, and ...

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Cathay new CEO Hogg’s tough to-do list hasn’t gotten any shorter

Bloomberg Ten months into the top job and Cathay Pacific Airways Ltd. Chief Executive Officer Rupert Hogg’s to-do list hasn’t gotten any shorter. While its cargo business and passenger traffic, especially premium travelers, are recovering, inflated wage costs and ever-increasing competition from Chinese rivals are issues he has to contend with. Among these, fuel-hedging bets gone awry top the list: ...

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