Fewer and fewer consumers bother to open the daily deal messages plopped in their e-mail in-boxes, and fewer still follow through and actually bite on the offers. That’s why daily deal giants Groupon and LivingSocial are trying
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Food and Beverage Industry
How $1.99 All-You-Can-Eat Buffets Went Extinct
Traditionally, cheap buffets in Las Vegas have served as loss leaders: Their purpose wasn’t to be profitable but instead to draw in diners—who hopefully would stick around to gamble. Lately, the idea of a $1.99 all-you-can-eat …
How China Became the Wine World’s Most Unlikely Superpower
Don’t worry, this doesn’t mean China wants to drink all your wine
New Way to Save Downtown: Open-Air Public Drinking, Longer Bar Hours
Bourbon Street, or something sorta like it, may be coming to a city near you. To create more vibrant nightlife scenes and bring faded downtown districts back to life, cities around the U.S. are drunk on the concept of pedestrian …
Simple Secret to America’s Most Loved Companies
There’s nothing complicated about the results of a new study: Consumers prefer brands featuring products, services, pricing, and other policies that they can actually understand.
Heinz Is No Longer McDonald’s Main Squeeze
After 40 years of serving the ketchup
McActivism Returns: McDonald’s Employee Asking for Help is Directed to Federal Assistance
A 10-year employee is urged to look into food stamps and Medicaid, according to a new video
I’ll Have a Venti Iced Tea, Please
Starbucks to open tea bars
The Indie Beer Business Is About to Boom
After a popular American craft brewer sold out to the “devil,” some are wondering if more mergers and acquisitions will inevitably follow. And what might that mean to the thriving, vehemently independent craft beer scene?
Giant Beer and Liquor Companies Grasp for Local, ‘Small Batch’ Appeal
Pay no attention to the fact that Budweiser and Absolut Vodka are massive, global brands. After tweaking their recipes and slapping new labels on bottles, some of the world’s largest beer and liquor brands are trying to convince …
Rethinking the McRib: McDonald’s And Others May Stop Rolling Out Frequent New Menu Items
Could the era of nonstop LTOs–limited-time offers–in fast food be coming to a close? The industry’s new trend just might be fewer new things on menus.
Taco Bell Sells $1B in Doritos Locos Tacos Because “I Worked Late, I Deserve a Treat”
The “biggest launch in Taco Bell’s history” reaches a major milestone