
Value mini taco salad and churros being tested at Taco Bell in Indianapolis
The market is the exclusive testing ground of the fast food chain's Luxe Value Menu, including its Mini Taco Salad.
All the items are priced at under $3.
Items include:
Brand representatives would not say how long the items would be available.
The items appear alongside Taco Bell's original Cravings Value Menu that includes the Cheesy Roll Up, Spicy Potato Soft Taco, Cheesy Bean & Rice Burrito, Three-Cheese Chicken Flatbread and the Cheesy Double Beef Burrito.
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CNBC
2 hours ago
- CNBC
Starbucks doubles down on hospitality with 'Green Apron Service' strategy
As companies lean into value offerings and buzzy beverages to lure price-sensitive consumers, Starbucks is doubling down on its plans to get back to basics by leaning into hospitality at its cafes. The coffee giant aims to stand out on guest experience in a cutthroat consumer environment as it tries to boost lackluster sales. Last week, the company began training baristas on its new "Green Apron Service" program as part of CEO Brian Niccol's "Back to Starbucks" plans, which have emphasized friendlier cafes and a human touch like Sharpie drawings on cups. Green Apron Service builds on that, relying on warm and engaging interactions with customers in the hopes of making Starbucks visits a habit. The program is backed by changes to ensure proper staffing and better technology to keep service times fast. It was born out of growth in digital orders, which now make up over 30 percent of sales, and feedback from baristas. "The strategy is to reconnect our partners with our customers," Chief Operating Officer Mike Grams told CNBC from a newly-revamped store in Seattle on Monday. "..When you walk through that door, you're greeted with a smile. You are greeted again at handoff, a perfect cup of coffee ... and you're met with that connection." Investors will get another look into how Niccol's turnaround plans are working when the company reports earnings after market close Tuesday. Starbucks shares have climbed about 2.7% this year, trailing the 8.6% gains of the S&P 500, as Wall Street debates how long it will take Niccol to improve the chain's performance. Since Niccol took the reins last September, the stock is up just under 3%, and has climbed nearly 25% on a one-year basis. Niccol is trying to jumpstart the coffee chain's sales. Last quarter, same-store sales fell for the fifth quarter in a row. Grams and the push for more welcoming cafes will play a major role in that effort. Grams was appointed as chief operating officer in June, overseeing global coffeehouse development, the company's worldwide supply chain and its North American coffeehouses. He came to Starbucks in February after nearly three decades at Taco Bell, where he was previously was the chain's president and global chief operating officer. Niccol was once Taco Bell's chief executive. The Green Apron Service push is the largest investment the company has ever made in hospitality and its store employees, Grams said. The company did not provide a dollar figure for the investment. Part of the plan involves Smart Queue technology, which uses algorithms to enhance staffing and scheduling, to help baristas deliver more consistent and higher-quality service, Grams said. The company wants customers to experience consistency in service quality whether they order in store or online. "You will see it show up in different ways," he said. "You may see a digital host out front who is navigating that experience ... it can be an extra person at the drive through. The idea is just really making sure that we've got the right partners in the right place at the right time throughout the entire day." Success of the Green Apron Service initiative will be tied directly to measurable indicators like customer experience scores, foot traffic growth, and store productivity. The effort also comes as cafes face new benchmarks for success, including delivering customized drinks in four minutes or less. Early results from its 1,500-store pilot of Green Apron Service showed improvements in transactions, sales, and customer service times, with 80% of in-cafe orders meeting the chain's four-minute goal. Continuing to build on that trend will likely be key for Starbucks. The reality is customers may prefer speed over warmth and have little tolerance for long waits. Grams said Starbucks has multiple avenues to remain competitive, including a strong digital business, drive-thrus in more than 7,000 stores and cafes going through "uplifts" to make them more comfortable. "It's showing up in a way where we touch all three channels," he said of the hospitality initiative. "We have 20,000 units across North America, which gives us a terrific competitive advantage."


Hamilton Spectator
a day ago
- Hamilton Spectator
Mullen Automotive Inc. Changes Name to Bollinger Innovations, Inc. Effective Today
BREA, Calif., July 28, 2025 (GLOBE NEWSWIRE) — via IBN – Bollinger Innovations, Inc. (Nasdaq: BINI) ('Bollinger Innovations' or the 'Company'), an electric vehicle ('EV') manufacturer, today announces that the Company's previously announced name change from Mullen Automotive Inc. to Bollinger Innovations, Inc. is effective July 28, 2025. The Company's Nasdaq stock symbol change to BINI is effective as of the market open on the same date. The CUSIP number for the Company's common stock is not affected by the name or stock symbol change. The Company's name and stock symbol change has no affect on the Company's legal structure or business operations. Stockholders are not required to take any actions in connection with these changes. 'Our transition to Bollinger Innovation is complete and we now have commercial Class 1, 3 and 4 under one unified brand,' said David Michery, CEO and chairman of Bollinger Innovations, Inc. About Bollinger Innovations, Inc. Bollinger Innovations, Inc. (NASDAQ: BINI), effective July 28, 2025, and formerly, Mullen Automotive Inc. (Nasdaq: MULN), is a Southern California-based automotive company building the next generation of commercial electric vehicles ('EVs') with U.S. based vehicle manufacturing located in Tunica, Mississippi. As of January 2024, both the ONE, a Class 1 EV cargo van, and THREE, a Class 3 EV cab chassis truck, are California Air Resource Board ('CARB') and EPA certified and available for sale in the U.S. The Company's commercial dealer network consists of seven dealers, which includes Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, Eco Auto, and Randy Marion Auto Group, providing sales and service coverage in key West Coast, Midwest, Pacific Northwest, New England, and Mid-Atlantic markets. In September 2022, Bollinger Motors, of Oak Park, Michigan, became a majority-owned EV truck company of Bollinger Innovations. Bollinger Motors has passed numerous milestones including its B4, Class 4 electric truck production launch on Sept. 16, 2024, and the development of a world-class dealer network with over 50 locations across the United States for sales and service support. To learn more about the Company, visit . Forward-Looking Statements Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as 'continue,' 'will,' 'may,' 'could,' 'should,' 'expect,' 'expected,' 'plans,' 'intend,' 'anticipate,' 'believe,' 'estimate,' 'predict,' 'potential' and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Bollinger Innovations and are difficult to predict. Examples of such risks and uncertainties include but are not limited to Bollinger Innovations plan and timeframe related to changing its Company name and stock symbol. Additional examples of such risks and uncertainties include but are not limited to: (i) Bollinger Innovations ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Bollinger Innovations ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers relating to its business; (iii) Bollinger Innovations ability to successfully expand in existing markets and enter new markets; (iv) Bollinger Innovations ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Bollinger Innovations business; (viii) changes in government licensing and regulation that may adversely affect Bollinger Innovations business; (ix) the risk that changes in consumer behavior could adversely affect Bollinger Innovations business; (x) Bollinger Innovations ability to protect its intellectual property; and (xi) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed by Bollinger Innovations with the Securities and Exchange Commission. Bollinger Innovations anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Bollinger Innovations assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Bollinger Innovations plans and expectations as of any subsequent date. Contact: Bollinger Innovations, Inc. +1 (714) 613-1900 Corporate Communications IBN Austin, Texas 512.354.7000 Office Editor@
Yahoo
2 days ago
- Yahoo
Here's why I'm getting excited about the Vodafone share price!
Since 25 June, the Vodafone (LSE:VOD) share price has been the 12th-best performer on the FTSE 100, rising by just over 12%. 'So what?', I hear investors in JD Sports Fashion cry. After all, shares in the British 'trainers and tracksuits' retailer have increased by more than 21% over the same period. But Vodafone's shareholders (like me) have suffered for a long time. It was during the first half of 2023 when the group's shares were last regularly changing hands for more than 80p. I'm particularly excited by the recent rally because I'm close to breaking even. Dividends have offset some of my paper losses but, ignoring these, I'm hopeful that I'll soon be in the black again. What's going on? One of the catalysts of the recovery appears to be the merger of its UK operations with Three. The combined business, which will trade as VodafoneThree, is expected to add €400m to EBITDAaL (earnings before interest, tax, depreciation, and amortisation, after leases) each year. Fans of share buybacks will probably claim that the recently-completed €2bn of purchases has helped. And the group's results for the first quarter of its 2026 financial year were encouraging. Group revenue was up 3.9% compared to 12 months earlier, the business in Türkiye and Africa continues to do well, and it's experiencing 'strong demand' from its business customers for digital services. Vodafone's now expecting EBITDAaL of €11.3bn-€11.6bn for the year ending 31 March 2026 (FY26) and adjusted free cash flow of €2.4bn-€2.6bn. Will it continue? But the group's embarked on turnaround plans before. And they've failed. This could be a false dawn. And even though Germany might be on a 'improvement trajectory', revenue is still falling. Despite recent problems brought about by a change in law regarding the bundling of TV contracts, the country still accounts for 34% of turnover. Also, telecoms assets are expensive. It's true that the group's managed to bring its debt down. But this has been achieved by selling some of the 'family silver', most notably its divisions in Spain and Italy. My view However, I'm optimistic. I've long believed that the group's undervalued compared to its peers. I think its enterprise value (EV) – defined as market cap plus net debt — relative to its earnings proves that the shares still offer good value. EV's widely used in the world of mergers and acquisitions as it more accurately reflects what someone would have to pay for a business. By coincidence, BT also reported its first-quarter's results yesterday. They were so well received that its share price leapt 10.4% and the group's now overtaken Vodafone as the FTSE 100's most valuable telecoms company. But it has a slightly higher EV/EBITDAaL than Vodafone. Stock Market cap (£bn) Net debt (£bn) Enterprise value (£bn) FY26 forecast EBITDAaL (£bn) EV/EBITDAaL Deutsche Telekom 137.0 115.1 252.1 39.2 6.4 BT 21.9 19.8 41.7 8.1-8.2 5.1 Vodafone 20.9 29.0 49.9 9.9-10.1 4.9-5.0 If the two were valued on the same basis, Vodafone's share price would be up to 7.5% higher. Compared to Deutsche Telekom, the gap's even bigger. Europe's largest telecoms group trades on a much larger valuation multiple than both of the British groups. I'm hopeful that other investors will soon recognise this and help ensure that the recent good run in the group's share price continues. Due to its attractive valuation, reasonable dividend (no guarantees, of course), and a strong presence in its key markets, I think it's a stock for investors to consider. The post Here's why I'm getting excited about the Vodafone share price! appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool James Beard has positions in JD Sports Fashion and Vodafone Group Public. The Motley Fool UK has recommended Vodafone Group Public. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025 Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data