Reported about 5 hours ago
Major food companies and restaurant chains, including Denny's, Kraft Heinz, and Starbucks, are undergoing strategic separations and restructuring in response to shifting consumer preferences and economic pressures. Denny's is going private after consistent sales declines, while Kraft Heinz and Keurig Dr Pepper plan to split into separate entities to enhance profitability. This trend reflects a broader movement in the sector as businesses aim to streamline operations and unlock hidden value amidst challenging market conditions.
Source: YAHOO