A woman is suing Frito-Lay, the snack division of PepsiCo, for what she says is deceptive use of the phrase “all natural ingredients” on its packages of products like Tostitos […]
The Wendy’s Company announced this month the promotion and appointments of several executives. The fast food chain’s Chief Marketing Officer, Craig Bahner, is stepping down early next year and will be succeeded by Brandon Solano, the current SVP Marketing. Wendy’s also promoted Abigail Pringle to Chief Development Officer and Brandon Rhoten to VP Digital Experience. In addition, COO Bob Wright and CFO Todd Penegor added EVP to their titles. The management changes are part of the chain’s brand growth strategy, which includes investing in consumer-facing technology and revamping restaurant development plan.
December 1, 2014
In an update last week — just in time for the busy holiday season — D&B Editor Adam Anderson detailed the growth of FedEx, the world’s top express delivery firm. Operating through four primary divisions (Express, Freight, Ground, and Services), the company reported historic high revenues of $45.6 billion in fiscal 2014 (ended May), up 3% from the previous year. That’s the fourth straight year of growth for FedEx, after seeing sales fall during the worst of the US economic recession. Follow Adam on Twitter.
December 22, 2014
Car rental companies are facing a new threat on their home turf: a car-share service at airports. Joining Zipcar and Cars2Go is FlightCar, a peer-to-peer car-sharing startup that offers free airport parking and cleaning services to travelers who rent their unused cars to others while they travel. After launching its service at San Francisco’s airport in 2013, FlightCar expanded in late 2014 to three new airports — Philadelphia International Airport, Dallas Love Field, and Washington Dulles International. The company now has a presence in seven US airports. For more industry trends, please see the Automobile Rental & Leasing profile.