1 month ago
When True Food Kitchen filed for Chapter 11 bankruptcy protection on Oct. 4, the chain's CEO Jeff Chandler tried to make it clear that the company planned to continue operating.
"This process is the best path forward to simplify the business and focus on what we do best: delivering craveable, health-forward food and genuine hospitality. We are confident this step will help us build a stronger True Food Kitchen for the future," he said in a press release.
True Food Kitchen serves an upscale clientele looking for healthy food. Most of its stores are located in higher-end shopping or lifestyle plazas. That contributed to its financial problems, Chad Van Horn, founder and managing partner of Van Horn Law Group in Fort Lauderdale, Fla., shared with TheStreet.
"True Food Kitchen did not file because people stopped eating there. Sales were essentially flat, about $312 million last year against $314 million the year before, and the reported debt is around $42 million. That is a cost and footprint problem, not a demand problem," he said.
As part of its Chapter 11 bankruptcy filing, True Food Kitchen shared that it had already closed 12 restaurants. Those locations completed their final service on Oct. 4, but the initial release did not share which locations were closing.
#chapter
"This process is the best path forward to simplify the business and focus on what we do best: delivering craveable, health-forward food and genuine hospitality. We are confident this step will help us build a stronger True Food Kitchen for the future," he said in a press release.
True Food Kitchen serves an upscale clientele looking for healthy food. Most of its stores are located in higher-end shopping or lifestyle plazas. That contributed to its financial problems, Chad Van Horn, founder and managing partner of Van Horn Law Group in Fort Lauderdale, Fla., shared with TheStreet.
"True Food Kitchen did not file because people stopped eating there. Sales were essentially flat, about $312 million last year against $314 million the year before, and the reported debt is around $42 million. That is a cost and footprint problem, not a demand problem," he said.
As part of its Chapter 11 bankruptcy filing, True Food Kitchen shared that it had already closed 12 restaurants. Those locations completed their final service on Oct. 4, but the initial release did not share which locations were closing.
#chapter
1 month ago
Martha Stewart presides over a massive business empire, Martha Stewart Living Omnimedia, which includes dozens of media and merchandising brands
Stewart got her start in business on the trading floor, following in the footsteps of her father
Though she tells PEOPLE she's received lots of advice — both "wanted and unwanted" — over the course of her career, one piece has stuck with her
Martha Stewart is many things — but above all else, she is a businesswoman.
The hospitality savant, 85, presides over a massive business empire, Martha Stewart Living Omnimedia, which includes dozens of media and merchandising brands and rakes in hundreds of millions of dollars in annual revenue. But before her ascent, Stewart was once a stockbroker, following in her father's footsteps on the trading floor.
#martha #omnimedia #empire
Stewart got her start in business on the trading floor, following in the footsteps of her father
Though she tells PEOPLE she's received lots of advice — both "wanted and unwanted" — over the course of her career, one piece has stuck with her
Martha Stewart is many things — but above all else, she is a businesswoman.
The hospitality savant, 85, presides over a massive business empire, Martha Stewart Living Omnimedia, which includes dozens of media and merchandising brands and rakes in hundreds of millions of dollars in annual revenue. But before her ascent, Stewart was once a stockbroker, following in her father's footsteps on the trading floor.
#martha #omnimedia #empire
1 month ago
Luann de Lesseps is revisiting her flirty history with Joe Bradley. The former RHONY star opened up about their chemistry and the kiss that followed their first meeting. During a new Call Her Daddy appearance with Sonja Morgan, Luann also recalled the unexpected moment she later met Bradley's mom at BravoCon.
During the Call Her Daddy interview, Luann reflected on meeting Joe Bradley, who stars on Southern Hospitality.
The pair first met during an appearance on Watch What Happens Live in January 2024. Luann immediately called Bradley "charming," while he made it clear that he liked older women.
Bradley later admitted that he and Luann kissed after their night out. He said he initially kept the kiss quiet because he did not want to hurt Danielle Olivera, whom he had been seeing at the time. He later explained why he had tried to keep the kiss private.
Luann sounded amused as she looked back on their brief connection. She also acknowledged their age gap and discussed her preference for dating younger men.
#bradley #meeting #appearance
During the Call Her Daddy interview, Luann reflected on meeting Joe Bradley, who stars on Southern Hospitality.
The pair first met during an appearance on Watch What Happens Live in January 2024. Luann immediately called Bradley "charming," while he made it clear that he liked older women.
Bradley later admitted that he and Luann kissed after their night out. He said he initially kept the kiss quiet because he did not want to hurt Danielle Olivera, whom he had been seeing at the time. He later explained why he had tried to keep the kiss private.
Luann sounded amused as she looked back on their brief connection. She also acknowledged their age gap and discussed her preference for dating younger men.
#bradley #meeting #appearance
1 month ago
Airport security employees checking boarding passes and IDs will no longer be allowed to sit down while working, the Transportation Security Administration confirmed Tuesday.
All chairs are being removed from the travel document checker podiums at the entrance to checkpoints nationwide, the union representing the screeners said. The American Federation of Government Employees TSA Council 100 said it found out about the decision from its members and called it a “disregard for workers rights and safety.”
TSA defended the move, saying the document checkers are the first to interact with the traveling public and requiring them to stand will create a better experience for passengers.
“This welcome change reinforces both our security posture and our commitment to hospitality by having these officers on their feet and alert,” the agency said in a statement. “All officers must meet fitness for duty requirements to be capable of performing their vital national security function while simultaneously creating a welcoming and professional environment for travelers.”
The move comes nearly two months after TSA Administrator David ******* mins was confirmed to lead the agency.
#security #confirmed #document
All chairs are being removed from the travel document checker podiums at the entrance to checkpoints nationwide, the union representing the screeners said. The American Federation of Government Employees TSA Council 100 said it found out about the decision from its members and called it a “disregard for workers rights and safety.”
TSA defended the move, saying the document checkers are the first to interact with the traveling public and requiring them to stand will create a better experience for passengers.
“This welcome change reinforces both our security posture and our commitment to hospitality by having these officers on their feet and alert,” the agency said in a statement. “All officers must meet fitness for duty requirements to be capable of performing their vital national security function while simultaneously creating a welcoming and professional environment for travelers.”
The move comes nearly two months after TSA Administrator David ******* mins was confirmed to lead the agency.
#security #confirmed #document
2 months ago
Financially challenged fast-food franchisees have been lining up to file for bankruptcy protection in 2026 to reorganize their businesses and restructure debt.
Hardee's Phoenix-based restaurant franchisee Superior Star LLC , filed for Chapter 11 bankruptcy protection on July 9, facing an alleged seller financing dispute, according to court papers. A burger chain rival, Checkers Drive-In franchisee C.S. Holdings of Tampa LLC, which operates two locations in Tampa, Fla., filed for Chapter 11 bankruptcy protection to reorganize its business on July 14.
Another Hardee's franchisee, ARC Burger LLC, filed for Chapter 7 bankruptcy liquidation on April 20, 2026, after franchisor Hardee's Restaurants LLC sued the restaurant operator for alleged breach of contract, seeking to recover over $6.5 million in unpaid franchise fees and other obligations, according to Law.com.
And now, major Wendy's restaurant franchisee Meritage Hospitality Group Inc., which operates over 350 locations in 15 states, filed for Chapter 11 bankruptcy to reorganize its business and restructure its debt, almost 11 months after defaulting on its franchise agreements for failing to remit payments.
Meritage Hospitality and 14 affiliates filed their petition in the U.S. Bankruptcy Court for the Western District of Michigan on Sept. 17, 2026, listing $10 million to $50 million in **** ets and debts.
#chapter
Hardee's Phoenix-based restaurant franchisee Superior Star LLC , filed for Chapter 11 bankruptcy protection on July 9, facing an alleged seller financing dispute, according to court papers. A burger chain rival, Checkers Drive-In franchisee C.S. Holdings of Tampa LLC, which operates two locations in Tampa, Fla., filed for Chapter 11 bankruptcy protection to reorganize its business on July 14.
Another Hardee's franchisee, ARC Burger LLC, filed for Chapter 7 bankruptcy liquidation on April 20, 2026, after franchisor Hardee's Restaurants LLC sued the restaurant operator for alleged breach of contract, seeking to recover over $6.5 million in unpaid franchise fees and other obligations, according to Law.com.
And now, major Wendy's restaurant franchisee Meritage Hospitality Group Inc., which operates over 350 locations in 15 states, filed for Chapter 11 bankruptcy to reorganize its business and restructure its debt, almost 11 months after defaulting on its franchise agreements for failing to remit payments.
Meritage Hospitality and 14 affiliates filed their petition in the U.S. Bankruptcy Court for the Western District of Michigan on Sept. 17, 2026, listing $10 million to $50 million in **** ets and debts.
#chapter
2 months ago
The casual Mexican restaurant sector has faced a challenging year in 2026, as dining chains have closed underperforming locations, filed for Chapter 11 bankruptcy protection to reorganize their businesses, and in at least one case, filed for Chapter 7 liquidation to shut down all operations.
Once popular Mexican chain On the Border ceased operations in 2026, after closing all of its locations before its operating company, OTB Hospitality, filed for Chapter 7 liquidation on June 19, 2026, the company shared in a press release.
Another chain facing financial distress is Session Taco, a St. Louis-based casual Mexican dining chain, which closed one of its restaurant locations for the second time in seven months. The chain has not filed for bankruptcy.
The Mexican chain, originally branded Mission Taco Joint until a 2023 name change, closed its Sobremesa restaurant in St. Charles, Mo., on Sept. 13 after only three months of operation, according to its Facebook page.
The St. Charles location was previously branded as Session Taco until the company closed the restaurant on Feb. 13 to redesign and rebrand the restaurant as Sobremesa before reopening in June 2026.
#mexican #locations
Once popular Mexican chain On the Border ceased operations in 2026, after closing all of its locations before its operating company, OTB Hospitality, filed for Chapter 7 liquidation on June 19, 2026, the company shared in a press release.
Another chain facing financial distress is Session Taco, a St. Louis-based casual Mexican dining chain, which closed one of its restaurant locations for the second time in seven months. The chain has not filed for bankruptcy.
The Mexican chain, originally branded Mission Taco Joint until a 2023 name change, closed its Sobremesa restaurant in St. Charles, Mo., on Sept. 13 after only three months of operation, according to its Facebook page.
The St. Charles location was previously branded as Session Taco until the company closed the restaurant on Feb. 13 to redesign and rebrand the restaurant as Sobremesa before reopening in June 2026.
#mexican #locations
2 months ago
Taxes paid by pubs, hotels and cinemas in Wales will fall after the Welsh government announced a 30% cut in some business rates.
First Minister Rhun ap Iorwerth said hospitality, accommodation and leisure venues would receive the permanent cut in rates from April 2027.
"It is about helping businesses like this to thrive, so our communities can thrive," ap Iorwerth said on a visit to a pub in Cardiff.
The cut, which will be funded by an increase in the rates paid by businesses with the highest-value properties, was welcomed by UK Hospitality Cymru. But the trade body warned businesses still faced "massive amounts of taxation coming from all areas".
Pubs will be among the hospitality businesses in Wales to receive a permanent tax cut from April [Getty Images]
#april
First Minister Rhun ap Iorwerth said hospitality, accommodation and leisure venues would receive the permanent cut in rates from April 2027.
"It is about helping businesses like this to thrive, so our communities can thrive," ap Iorwerth said on a visit to a pub in Cardiff.
The cut, which will be funded by an increase in the rates paid by businesses with the highest-value properties, was welcomed by UK Hospitality Cymru. But the trade body warned businesses still faced "massive amounts of taxation coming from all areas".
Pubs will be among the hospitality businesses in Wales to receive a permanent tax cut from April [Getty Images]
#april
2 months ago
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Hilton is one of the largest hospitality companies in the world. It operates over 7,000 properties in over 120 countries, so the Hilton Honors American Express Aspire Card — more frequently referred to as simply the Hilton Aspire card — can be an appealing option for frequent travelers looking to maximize rewards.
The Hilton Aspire card is a premium travel card that offers luxurious perks. If you're considering applying for the card, here are seven key details you should know.
Check out our full list of the best travel credit cards
As a premium travel rewards card, the Hilton Aspire card has a high annual fee. As of 2025, the fee is $550, so there's a high cost for simply possessing the card.
#rewards
Hilton is one of the largest hospitality companies in the world. It operates over 7,000 properties in over 120 countries, so the Hilton Honors American Express Aspire Card — more frequently referred to as simply the Hilton Aspire card — can be an appealing option for frequent travelers looking to maximize rewards.
The Hilton Aspire card is a premium travel card that offers luxurious perks. If you're considering applying for the card, here are seven key details you should know.
Check out our full list of the best travel credit cards
As a premium travel rewards card, the Hilton Aspire card has a high annual fee. As of 2025, the fee is $550, so there's a high cost for simply possessing the card.
#rewards
2 months ago
On September 1, Everus Construction Group (NYSE:ECG) completed a $295 million cash acquisition of Epsilon Industries, a maker of prefabricated mechanical and electrical systems with plants scattered across the US and Canada. Everus first disclosed the deal on July 31, and the closing lands only a month after the company posted a quarter in which revenue jumped by more than a third. Epsilon's off-site fabrication lines give Everus a faster way to build the data centers, factories, and hospitals reshaping its backlog.
Everus grew into this deal from a position of strength. Second quarter revenue climbed 33.7% to $1.23 billion, and diluted earnings per share rose 59.2% to $1.64, numbers that reflect more than accounting leverage. Backlog reached $4.55 billion, up 41% from the end of 2025 and up 52.8% from a year earlier, driven largely by the electrical and mechanical segment, where revenue rose 41.6%, and EBITDA jumped 71.6%. That segment's backlog alone hit $4.16 billion, fueled by project bookings that topped $2 billion in the quarter across data center, hospitality, and high-tech work.
Epsilon slots directly into that momentum. Its modular capabilities are meant to extend Everus's geographic reach and deepen its footprint in advanced manufacturing, healthcare, and data center work, the same markets already driving backlog higher. Keeping Epsilon's president, Chris Wiederick, and its existing leadership in place suggests Everus wants continuity rather than a disruptive overhaul. Management raised full-year guidance to $4.5 billion to $4.7 billion in revenue and $410 million to $425 million in EBITDA even before folding in Epsilon's contribution, which it plans to detail during third-quarter earnings.
The growth comes with strings attached. Everus paid for Epsilon with cash on hand plus new borrowings under its credit facilities, its second acquisition this year after buying SE&M Constructors in the second quarter. Running two integrations at once raises the odds that something slips, whether in cost synergies or in the customer relationships that made both targets attractive in the first place. Net leverage stood at a modest 0.3x as of June 30, but that figure predates the Epsilon borrowings, so the real post-deal leverage is not yet known.
Not every part of the business is firing evenly, either. Transmission and distribution revenue grew only 7.1% in the quarter, and its backlog of $388.4 million actually sat below the $410.1 million reported a year earlier, even as the electrical and mechanical segment surged. That leaves Everus increasingly dependent on data center and commercial construction spending staying strong, a concentration that could cut the other way if that end market cools. And with the full financial impact of Epsilon not landing in guidance until third quarter results, investors are being asked to price in a deal whose numbers are still incomplete.
#billion #million #year
Everus grew into this deal from a position of strength. Second quarter revenue climbed 33.7% to $1.23 billion, and diluted earnings per share rose 59.2% to $1.64, numbers that reflect more than accounting leverage. Backlog reached $4.55 billion, up 41% from the end of 2025 and up 52.8% from a year earlier, driven largely by the electrical and mechanical segment, where revenue rose 41.6%, and EBITDA jumped 71.6%. That segment's backlog alone hit $4.16 billion, fueled by project bookings that topped $2 billion in the quarter across data center, hospitality, and high-tech work.
Epsilon slots directly into that momentum. Its modular capabilities are meant to extend Everus's geographic reach and deepen its footprint in advanced manufacturing, healthcare, and data center work, the same markets already driving backlog higher. Keeping Epsilon's president, Chris Wiederick, and its existing leadership in place suggests Everus wants continuity rather than a disruptive overhaul. Management raised full-year guidance to $4.5 billion to $4.7 billion in revenue and $410 million to $425 million in EBITDA even before folding in Epsilon's contribution, which it plans to detail during third-quarter earnings.
The growth comes with strings attached. Everus paid for Epsilon with cash on hand plus new borrowings under its credit facilities, its second acquisition this year after buying SE&M Constructors in the second quarter. Running two integrations at once raises the odds that something slips, whether in cost synergies or in the customer relationships that made both targets attractive in the first place. Net leverage stood at a modest 0.3x as of June 30, but that figure predates the Epsilon borrowings, so the real post-deal leverage is not yet known.
Not every part of the business is firing evenly, either. Transmission and distribution revenue grew only 7.1% in the quarter, and its backlog of $388.4 million actually sat below the $410.1 million reported a year earlier, even as the electrical and mechanical segment surged. That leaves Everus increasingly dependent on data center and commercial construction spending staying strong, a concentration that could cut the other way if that end market cools. And with the full financial impact of Epsilon not landing in guidance until third quarter results, investors are being asked to price in a deal whose numbers are still incomplete.
#billion #million #year
2 months ago
On August 12, Flywire (NASDAQ:FLYW) expanded its partnership with Trustly, bringing "Pay by Bank" open banking payments to customers across the US and Canada. The expansion lets payers authorize ACH and Pre-Authorized Debit transfers straight from their bank login, skipping the routing and account numbers that trip up so many cross-border payments. It is the kind of unglamorous plumbing upgrade that rarely makes headlines, but for a company built on moving money across borders, cutting payment friction is close to the whole business model.
Flywire and Trustly have partnered since 2017, first in Europe, and this expansion carries that same playbook into North America. Trustly runs a real-time balance check the moment a payer authorizes a transaction, catching insufficient funds before the payment is submitted rather than after. For cross-border transfers, Flywire manages the funds through the return window itself, which cuts down on the reversals that have long made international payments messy for clients and their customers alike. "We're applying the open banking infrastructure we've successfully scaled across Europe to North America, enabling our clients to confidently offer their payers a proven experience," said Kate Moran, Flywire's Vice President of Global Payments.
The timing lines up with a quarter of accelerating growth. On August 4, 2026, Flywire reported second-quarter revenue up 27.2% year over year to $167.7 million, while total payment volume jumped 38.2% to $8.2 billion. Management raised its full-year guidance for both revenue growth and adjusted EBITDA margin, and the business is no longer leaning on education alone. Flywire signed more than 200 new clients across 45 countries during the quarter, with hospitality wins spanning nearly 90 U.S. hotel properties and education revenue outside its core markets growing more than 30% year over year.
Growth came with a cost. Gross margin slipped to 53.4% in the second quarter of 2026 from 57.0% a year earlier, and adjusted gross margin fell even further, from 61.1% down to 56.6%. That is a meaningful step backward on a per-dollar basis even as the top line expanded by double digits, and it raises the question of whether faster growth is being bought with thinner margins on the payments themselves.
Flywire also still posted a GAAP net loss of $8.1 million for the quarter, an improvement from the $12.0 million loss a year earlier but a loss nonetheless. And the company's own leadership flagged caution ahead: CFO Cosmin Pitigoi said Flywire is keeping its ***** umptions for the education vertical conservative because of the current visa policy environment, an acknowledgment that the company's largest historical vertical faces headwinds outside its control.
#trustly #across #payment
Flywire and Trustly have partnered since 2017, first in Europe, and this expansion carries that same playbook into North America. Trustly runs a real-time balance check the moment a payer authorizes a transaction, catching insufficient funds before the payment is submitted rather than after. For cross-border transfers, Flywire manages the funds through the return window itself, which cuts down on the reversals that have long made international payments messy for clients and their customers alike. "We're applying the open banking infrastructure we've successfully scaled across Europe to North America, enabling our clients to confidently offer their payers a proven experience," said Kate Moran, Flywire's Vice President of Global Payments.
The timing lines up with a quarter of accelerating growth. On August 4, 2026, Flywire reported second-quarter revenue up 27.2% year over year to $167.7 million, while total payment volume jumped 38.2% to $8.2 billion. Management raised its full-year guidance for both revenue growth and adjusted EBITDA margin, and the business is no longer leaning on education alone. Flywire signed more than 200 new clients across 45 countries during the quarter, with hospitality wins spanning nearly 90 U.S. hotel properties and education revenue outside its core markets growing more than 30% year over year.
Growth came with a cost. Gross margin slipped to 53.4% in the second quarter of 2026 from 57.0% a year earlier, and adjusted gross margin fell even further, from 61.1% down to 56.6%. That is a meaningful step backward on a per-dollar basis even as the top line expanded by double digits, and it raises the question of whether faster growth is being bought with thinner margins on the payments themselves.
Flywire also still posted a GAAP net loss of $8.1 million for the quarter, an improvement from the $12.0 million loss a year earlier but a loss nonetheless. And the company's own leadership flagged caution ahead: CFO Cosmin Pitigoi said Flywire is keeping its ***** umptions for the education vertical conservative because of the current visa policy environment, an acknowledgment that the company's largest historical vertical faces headwinds outside its control.
#trustly #across #payment
2 months ago
The University of Cincinnati Bearcats will kick off the 2026 football season on Saturday, Sept. 5, against Boston College inside Nippert Stadium. Kickoff is scheduled for 3:30 p.m. (FOX television/WEBN-FM (102.7).
The day will feature several enhancements to the gameday experience highlighted by the debut of the HOP Shops Tunnel Club, new and expanded concession offerings, including LaRosa's Family Pizzeria, and significant upgrades to broadcasting and live video production capabilities.
A new group experience will debut with the opening of the HOP Shops Tunnel Club, an elevated hospitality ******* e in the northeast corner of Nippert Stadium.
Created in partnership with Cincinnati Athletics' premium hospitality partner, REVELxp, the HOP Shops Tunnel Club sits directly above the Bearcats' tunnel, giving fans a premium view of the action while placing them directly over the team as it enters the stadium.
Available as two 15-person packages or one combined 30-person experience, the ******* e includes exclusive end zone field access, complimentary parking, a personal suite attendant and access to an adjacent private indoor hospitality and dining area with an all-inclusive buffet and cash bar.
#tunnel #shops #Hospitality #debut
The day will feature several enhancements to the gameday experience highlighted by the debut of the HOP Shops Tunnel Club, new and expanded concession offerings, including LaRosa's Family Pizzeria, and significant upgrades to broadcasting and live video production capabilities.
A new group experience will debut with the opening of the HOP Shops Tunnel Club, an elevated hospitality ******* e in the northeast corner of Nippert Stadium.
Created in partnership with Cincinnati Athletics' premium hospitality partner, REVELxp, the HOP Shops Tunnel Club sits directly above the Bearcats' tunnel, giving fans a premium view of the action while placing them directly over the team as it enters the stadium.
Available as two 15-person packages or one combined 30-person experience, the ******* e includes exclusive end zone field access, complimentary parking, a personal suite attendant and access to an adjacent private indoor hospitality and dining area with an all-inclusive buffet and cash bar.
#tunnel #shops #Hospitality #debut
2 months ago
Freight broker FitzMark announced it has acquired United Transportation Services, a broker specializing in trade show logistics.
Founded in 1998, Aurora, Colorado-based UTS is a full-service 3PL focused on the retail and hospitality industries. It provides dry van, refrigerated, flatbed and specialty truckload transportation as well as packaging, warehousing and white-glove delivery services.
Financial terms of the transaction were not disclosed. The deal closed on Tuesday.
"Today marks an exciting new chapter— with the national support and strength of the FitzMark platform, we look forward to expanding capacity and service offerings while growing our shipper community together," said Bruce Parsons, CEO and president of UTS.
Indianapolis-based FitzMark provides brokerage services and a proprietary TMS to more than 3,000 shippers and 25,000 carriers. The company is backed by private equity firm Calera Capital.
#fitzmark #service #united
Founded in 1998, Aurora, Colorado-based UTS is a full-service 3PL focused on the retail and hospitality industries. It provides dry van, refrigerated, flatbed and specialty truckload transportation as well as packaging, warehousing and white-glove delivery services.
Financial terms of the transaction were not disclosed. The deal closed on Tuesday.
"Today marks an exciting new chapter— with the national support and strength of the FitzMark platform, we look forward to expanding capacity and service offerings while growing our shipper community together," said Bruce Parsons, CEO and president of UTS.
Indianapolis-based FitzMark provides brokerage services and a proprietary TMS to more than 3,000 shippers and 25,000 carriers. The company is backed by private equity firm Calera Capital.
#fitzmark #service #united
2 months ago
Companies in the private sector added 38,000 jobs in August, payroll processing firm ADP said in its latest report on Wednesday.
The figure is below economists' estimates of a gain of 48,000 jobs and down from the prior month's revised 46,000 payrolls. August's figure is the lowest since January.
"Pay can tell us a lot about today's choppy hiring," said Nela Richardson, ADP's chief economist. "To understand hiring patterns, you have to look deeply into where pay growth is accelerating, where it's slowing, and for whom. Once-predictable wage growth has been overtaken by the complexities of demographic change, persistent inflation, and AI's effects on jobs."
The Colleges That Give Graduates The Strongest Career Edge, According To Linkedin
Education and health services added 45,000 positions, leading job creation in August. Leisure and hospitality added 16,000, and financial activities and other services each gained 6,000.
#added #Growth #Services #january
The figure is below economists' estimates of a gain of 48,000 jobs and down from the prior month's revised 46,000 payrolls. August's figure is the lowest since January.
"Pay can tell us a lot about today's choppy hiring," said Nela Richardson, ADP's chief economist. "To understand hiring patterns, you have to look deeply into where pay growth is accelerating, where it's slowing, and for whom. Once-predictable wage growth has been overtaken by the complexities of demographic change, persistent inflation, and AI's effects on jobs."
The Colleges That Give Graduates The Strongest Career Edge, According To Linkedin
Education and health services added 45,000 positions, leading job creation in August. Leisure and hospitality added 16,000, and financial activities and other services each gained 6,000.
#added #Growth #Services #january
2 months ago
Colorado football printable 2026 schedule with dates, times and TV lineup originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
The Colorado Buffaloes enter the 2026 football season with many unknowns. After flipping the roster a fourth time since Deion Sanders gave his famed Louis Luggage speech in Boulder, could the Buffs win a bowl game for the first time in 22 years?
Sanders opens the season in Atlanta, the city where he started a dual professional sports career with the Atlanta Braves and Atlanta Falcons. However, the capital of the Peach State hasn't shown the Hall of Famer any southern hospitality, posting a 0-2 record going back to his days of coaching at Jackson State.
Sanders added a set of new coordinators with Brennan Marion (offense) and Chris Marve (defense) ahead of the 2026 season. Will the series of moves result in more wins?
MORE: The Sporting News' 140 Greatest Sports Moments of All Time
#state #sports #Football
The Colorado Buffaloes enter the 2026 football season with many unknowns. After flipping the roster a fourth time since Deion Sanders gave his famed Louis Luggage speech in Boulder, could the Buffs win a bowl game for the first time in 22 years?
Sanders opens the season in Atlanta, the city where he started a dual professional sports career with the Atlanta Braves and Atlanta Falcons. However, the capital of the Peach State hasn't shown the Hall of Famer any southern hospitality, posting a 0-2 record going back to his days of coaching at Jackson State.
Sanders added a set of new coordinators with Brennan Marion (offense) and Chris Marve (defense) ahead of the 2026 season. Will the series of moves result in more wins?
MORE: The Sporting News' 140 Greatest Sports Moments of All Time
#state #sports #Football
2 months ago
Shakespeare's Pizza and several other Columbia-area favorites are joining the food lineup at Memorial Stadium as Mizzou Athletics rolls out new concessions and hospitality offerings for football fans this season.
The additions come through a partnership involving Sodexo Live!, Mizzou Athletics and Columbia-based Upper Crust Food Service, according to a community announcement. Fans attending games will see new local vendors, updated menu items and expanded hospitality options throughout the stadium.
For the first time, Shakespeare's Pizza will be available inside Memorial Stadium, bringing one of Columbia's best-known food brands into the game-day experience.
"As we looked at the new hospitality offerings we wanted to bring to fans this season, we wanted to focus on food that feels like home while giving fans new reasons to explore and enjoy the game-day experience," Brian Gaskill, regional vice president of Sodexo Live!, said in the announcement. "Shakespeare's is a huge part of Columbia, and we know how excited fans will be to see it in the stadium. We're bringing a strong lineup of local favorites, Missouri flavors and some fun new takes on game-day classics straight to fans."
The partnership also brings several other local businesses into the stadium, including Champ's Chicken, Buck's Ice Cream and Mya's Gourmet Popcorn.
#game
The additions come through a partnership involving Sodexo Live!, Mizzou Athletics and Columbia-based Upper Crust Food Service, according to a community announcement. Fans attending games will see new local vendors, updated menu items and expanded hospitality options throughout the stadium.
For the first time, Shakespeare's Pizza will be available inside Memorial Stadium, bringing one of Columbia's best-known food brands into the game-day experience.
"As we looked at the new hospitality offerings we wanted to bring to fans this season, we wanted to focus on food that feels like home while giving fans new reasons to explore and enjoy the game-day experience," Brian Gaskill, regional vice president of Sodexo Live!, said in the announcement. "Shakespeare's is a huge part of Columbia, and we know how excited fans will be to see it in the stadium. We're bringing a strong lineup of local favorites, Missouri flavors and some fun new takes on game-day classics straight to fans."
The partnership also brings several other local businesses into the stadium, including Champ's Chicken, Buck's Ice Cream and Mya's Gourmet Popcorn.
#game
2 months ago
50 Cent has had a busy 2026, and one particular Hublot watch has been right there with him enjoying the ride.
The rapper and entrepreneur has been spotted wearing the Hublot Big Bang Unico King Gold 44mm at high-profile appearances on both coasts, including the Planet Hollywood Times Square "Faves" menu launch in New York and the Apple Music x Complex VERZUZ event in Los Angeles.
At the Planet Hollywood event, 50 paired the skeletonized chronograph with an Amiri look and Bottega accessories, making the Hublot one of the standout pieces of his outfit.
The appearance came months after 50 and Planet Hollywood founder Robert Earl announced a $100 million partnership in March aimed at transforming PH Live into a larger entertainment destination. The plans include immersive hospitality experiences, LED production technology and celebrity performances.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
#planet #complex
The rapper and entrepreneur has been spotted wearing the Hublot Big Bang Unico King Gold 44mm at high-profile appearances on both coasts, including the Planet Hollywood Times Square "Faves" menu launch in New York and the Apple Music x Complex VERZUZ event in Los Angeles.
At the Planet Hollywood event, 50 paired the skeletonized chronograph with an Amiri look and Bottega accessories, making the Hublot one of the standout pieces of his outfit.
The appearance came months after 50 and Planet Hollywood founder Robert Earl announced a $100 million partnership in March aimed at transforming PH Live into a larger entertainment destination. The plans include immersive hospitality experiences, LED production technology and celebrity performances.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
#planet #complex
2 months ago
Following the passing of its legendary founder, Dollywood has revealed its plans for a permanent memorial to honor Dolly Parton,
Eugene Naughton, Dollywood Parks & Resorts President, shared the details in a press release on September 2.
"Many of us had extensive conversations with Dolly through the years about how she would want us to carry her vision forward," explained Naughton. "Dollywood will always be a place where families find fun, kindness, and joy — a place where they can make memories that last a lifetime, just like she would have wanted. We will carry her dreams forward by continuing to grow, welcoming even more guests, and sharing the warmth and hospitality of which she was so proud."
Additionally, Dollywood will construct new "experiences and installations that honor [Parton's] remarkable contributions, enduring values, and love for the people and places of the Great Smoky Mountains." The vision is to give guests "meaningful opportunities to reflect on Dolly's life, her faith, and her influence while experiencing the joy, imagination, and togetherness that have always been at the heart of her vision for Dollywood."
The Sevierville Chamber of Commerce is launching "In Dolly's Footsteps," a walking tour in Tennessee featuring historic markers at places Dolly Parton and her family frequented during her childhood.
#naughton #carry #place
Eugene Naughton, Dollywood Parks & Resorts President, shared the details in a press release on September 2.
"Many of us had extensive conversations with Dolly through the years about how she would want us to carry her vision forward," explained Naughton. "Dollywood will always be a place where families find fun, kindness, and joy — a place where they can make memories that last a lifetime, just like she would have wanted. We will carry her dreams forward by continuing to grow, welcoming even more guests, and sharing the warmth and hospitality of which she was so proud."
Additionally, Dollywood will construct new "experiences and installations that honor [Parton's] remarkable contributions, enduring values, and love for the people and places of the Great Smoky Mountains." The vision is to give guests "meaningful opportunities to reflect on Dolly's life, her faith, and her influence while experiencing the joy, imagination, and togetherness that have always been at the heart of her vision for Dollywood."
The Sevierville Chamber of Commerce is launching "In Dolly's Footsteps," a walking tour in Tennessee featuring historic markers at places Dolly Parton and her family frequented during her childhood.
#naughton #carry #place
2 months ago
50 Cent has had a busy 2026, and one particular Hublot watch has been right there with him enjoying the ride.
The rapper and entrepreneur has been spotted wearing the Hublot Big Bang Unico King Gold 44mm at high-profile appearances on both coasts, including the Planet Hollywood Times Square "Faves" menu launch in New York and the Apple Music x Complex VERZUZ event in Los Angeles.
At the Planet Hollywood event, 50 paired the skeletonized chronograph with an Amiri look and Bottega accessories, making the Hublot one of the standout pieces of his outfit.
The appearance came months after 50 and Planet Hollywood founder Robert Earl announced a $100 million partnership in March aimed at transforming PH Live into a larger entertainment destination. The plans include immersive hospitality experiences, LED production technology and celebrity performances.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
#planet #complex #cent #unico
The rapper and entrepreneur has been spotted wearing the Hublot Big Bang Unico King Gold 44mm at high-profile appearances on both coasts, including the Planet Hollywood Times Square "Faves" menu launch in New York and the Apple Music x Complex VERZUZ event in Los Angeles.
At the Planet Hollywood event, 50 paired the skeletonized chronograph with an Amiri look and Bottega accessories, making the Hublot one of the standout pieces of his outfit.
The appearance came months after 50 and Planet Hollywood founder Robert Earl announced a $100 million partnership in March aimed at transforming PH Live into a larger entertainment destination. The plans include immersive hospitality experiences, LED production technology and celebrity performances.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
#planet #complex #cent #unico
2 months ago
Emma Thynn, Marchioness of Bath, has built a public life that stretches far beyond her aristocratic ****** le. Born Emma Claire McQuiston, she became the Marchioness of Bath after marrying Ceawlin Thynn, the 8th Marquess of Bath. Raised around British high society, Emma developed interests in art, performance and culture from an early age. She later studied art history at University College London and trained in classical acting at the London Academy of Music and Dramatic Art before pursuing a different creative path.
Food eventually became one of her major passions. At Longleat, the historic estate ****** ociated with the Thynn family, Emma created her food and lifestyle project Emma's Kitchen. Her cooking content includes everything from pancakes to homemade dishes inspired by life at the estate. The project allows her to combine hospitality, family traditions and creativity, showing a more relaxed side of life that contrasts with the formal events and glamorous appearances often ****** ociated with aristocracy.
Emma is also involved in charitable work and has supported Tusk, an organization dedicated to wildlife conservation across Africa. Her public profile has allowed her to draw attention to conservation while balancing responsibilities connected with family, fashion and Longleat. That variety is a major part of her appeal. One day may involve cooking or supporting a charitable cause, while another can place her in front of photographers at an international event.
Fashion remains another important part of Emma's career. She has attended the Cannes Film Festival, worked with luxury jeweler Chopard and appeared in elaborate gowns and jewelry on major red carpets. Emma has also walked in fashion shows for designers including Dolce & Gabbana and Celia Kritharioti. Her relationship with fashion has extended into ambassador and editorial work, allowing her to experience the industry from more than one perspective. Whether attending a premiere or stepping onto a runway, she appears comfortable treating clothing as another form of creative expression.
From aristocratic events and conservation projects to cooking and international fashion, Emma Thynn has created a career that refuses to fit neatly into one category. Her life at Longleat provides a traditional backdrop, but her interests have taken her into food, publishing, modeling and philanthropy. Rather than relying solely on her ****** le, she has developed a public identity built around creativity and variety, making an ordinary day in the life of the Marchioness of Bath surprisingly difficult to define.
#bath #fashion #major
Food eventually became one of her major passions. At Longleat, the historic estate ****** ociated with the Thynn family, Emma created her food and lifestyle project Emma's Kitchen. Her cooking content includes everything from pancakes to homemade dishes inspired by life at the estate. The project allows her to combine hospitality, family traditions and creativity, showing a more relaxed side of life that contrasts with the formal events and glamorous appearances often ****** ociated with aristocracy.
Emma is also involved in charitable work and has supported Tusk, an organization dedicated to wildlife conservation across Africa. Her public profile has allowed her to draw attention to conservation while balancing responsibilities connected with family, fashion and Longleat. That variety is a major part of her appeal. One day may involve cooking or supporting a charitable cause, while another can place her in front of photographers at an international event.
Fashion remains another important part of Emma's career. She has attended the Cannes Film Festival, worked with luxury jeweler Chopard and appeared in elaborate gowns and jewelry on major red carpets. Emma has also walked in fashion shows for designers including Dolce & Gabbana and Celia Kritharioti. Her relationship with fashion has extended into ambassador and editorial work, allowing her to experience the industry from more than one perspective. Whether attending a premiere or stepping onto a runway, she appears comfortable treating clothing as another form of creative expression.
From aristocratic events and conservation projects to cooking and international fashion, Emma Thynn has created a career that refuses to fit neatly into one category. Her life at Longleat provides a traditional backdrop, but her interests have taken her into food, publishing, modeling and philanthropy. Rather than relying solely on her ****** le, she has developed a public identity built around creativity and variety, making an ordinary day in the life of the Marchioness of Bath surprisingly difficult to define.
#bath #fashion #major
2 months ago
After their surprise return to the UK, Prince Harry and Meghan's new home is not on a royal estate -- but may be nestled in a quaint rural corner of England, now a playground for A-list celebrities.
The couple left for California in 2020 amid acrimony over their bitter criticisms of the royal family, and gave up for good their home in Windsor, west of London, gifted to them by the late Queen Elizabeth II.
But after six years in Montecito they have now returned along with their children Archie, seven, and Lilibet, five, and have reportedly found a new home in the Cotswolds.
In the picturesque town of Burford, near the university city of Oxford, hospitality manager Joe Kind, 25, told AFP locals were used to "lots of really, really famous" faces.
People wouldn't "bat an eye" at the couple's presence and would leave them to enjoy their privacy, he said.
#harry
The couple left for California in 2020 amid acrimony over their bitter criticisms of the royal family, and gave up for good their home in Windsor, west of London, gifted to them by the late Queen Elizabeth II.
But after six years in Montecito they have now returned along with their children Archie, seven, and Lilibet, five, and have reportedly found a new home in the Cotswolds.
In the picturesque town of Burford, near the university city of Oxford, hospitality manager Joe Kind, 25, told AFP locals were used to "lots of really, really famous" faces.
People wouldn't "bat an eye" at the couple's presence and would leave them to enjoy their privacy, he said.
#harry
2 months ago
Revolution CEO Steve Case says AI will disrupt a wide range of industries and business models, advising investors to seek ****** ets that have better durability. Speaking with Romaine Bostick on "Bloomberg's The Close," Case points to real estate and hospitality as areas attracting investment.
#range
#range
2 months ago
LAS VEGAS — From a fry bread pot roast taco created for the Kansas City Chiefs' visit to A5 Wagyu tomahawks and caviar service in premium areas, Allegiant Stadium is expanding its food and beverage lineup for the 2026 Las Vegas Raiders season.
Silver & Black Hospitality, the stadium's culinary and hospitality provider, unveiled a collection of new concessions, opponent-themed dishes, specialty ***** tails, desserts and premium offerings Tuesday. The additions follow Allegiant Stadium's second-place finishes in nationwide voting for both the AFC's Best NFL Stadium and Best NFL Stadium Food in the 2026 USA TODAY 10 Best Readers' Choice Awards.
"This year we have a lot of new and kind of fun items that we're showcasing and just continuing to elevate our food and beverage program," said Dillon Schoell, senior executive chef at Allegiant Stadium.
New featured concession items include a Fry Bread Pot Roast Taco topped with lettuce, tomato, queso fresco, salsa verde and chipotle crema; a Street Dog Torta with a Sabrett hot dog, pork belly, refried beans and avocado aioli; and a Chile Relleno Burger topped with avocado and crema. The lineup also includes a Focaccia and Lox Sandwich and Really Big Chicken & Waffles served with pickles, hot honey and chives.
Other new items available throughout the season include Buffalo Chicken Wontons, Potato Tacos, an XL Chicken Club Sandwich and a Korean Philly Cheesesteak made with shaved beef, kimchi, mozzarella, provolone, green onions and gochujang aioli.
#items
Silver & Black Hospitality, the stadium's culinary and hospitality provider, unveiled a collection of new concessions, opponent-themed dishes, specialty ***** tails, desserts and premium offerings Tuesday. The additions follow Allegiant Stadium's second-place finishes in nationwide voting for both the AFC's Best NFL Stadium and Best NFL Stadium Food in the 2026 USA TODAY 10 Best Readers' Choice Awards.
"This year we have a lot of new and kind of fun items that we're showcasing and just continuing to elevate our food and beverage program," said Dillon Schoell, senior executive chef at Allegiant Stadium.
New featured concession items include a Fry Bread Pot Roast Taco topped with lettuce, tomato, queso fresco, salsa verde and chipotle crema; a Street Dog Torta with a Sabrett hot dog, pork belly, refried beans and avocado aioli; and a Chile Relleno Burger topped with avocado and crema. The lineup also includes a Focaccia and Lox Sandwich and Really Big Chicken & Waffles served with pickles, hot honey and chives.
Other new items available throughout the season include Buffalo Chicken Wontons, Potato Tacos, an XL Chicken Club Sandwich and a Korean Philly Cheesesteak made with shaved beef, kimchi, mozzarella, provolone, green onions and gochujang aioli.
#items
2 months ago
This story was originally published on QSR. To receive daily news and insights, subscribe to our free daily QSR AM Jolt.
Delaware North, one of the largest and most diversified hospitality and food service companies in the world, has partnered with TipHaus to streamline and automate tip management across its portfolio of venues.
For an operator of Delaware North's scale and diversity, spanning stadiums, arenas, resorts, destination restaurants, and entertainment venues, tip management has traditionally meant a patchwork of manual, location-by-location processes, each with its own rules and reconciliation headaches. Since bringing TipHaus on board in March 2025, Delaware North has replaced that fragmented approach with a single automated system that handles hundreds of distinct tip-pooling and distribution use cases across its operations. Today, TipHaus supports more than 40 locations for Delaware North.
"Partnering with TipHaus has helped Delaware North streamline and modernize our tip management process, reducing administrative effort while improving accuracy and transparency for our leaders," said Michele Seaver, Director of Payroll and Workforce Management at Delaware North. "What used to take a full day of coordination now takes just a couple of hours to pull a single enterprise-wide export. Given the diversity and complexity of our portfolio, the flexibility of the TipHaus platform, and the collaborative partnership we have built with the TipHaus team have been extremely valuable. Their willingness to adapt solutions and get creative to meet our unique operational needs has helped us drive greater consistency across our business while supporting a better experience for all involved," Seaver said.
TipHaus integrates directly with the systems Delaware North already runs, including Oracle Simphony, Toast, and UKG Dimensions, pulling sales, shift, and labor data automatically so that tip calculations run without manual data entry from each location. Rather than forcing a rigid, one-size-fits-all model, TipHaus configures to the specific rules of each property, allowing Delaware North to standardize oversight at the enterprise level while honoring the operational realities of each individual venue.
#Delaware #location
Delaware North, one of the largest and most diversified hospitality and food service companies in the world, has partnered with TipHaus to streamline and automate tip management across its portfolio of venues.
For an operator of Delaware North's scale and diversity, spanning stadiums, arenas, resorts, destination restaurants, and entertainment venues, tip management has traditionally meant a patchwork of manual, location-by-location processes, each with its own rules and reconciliation headaches. Since bringing TipHaus on board in March 2025, Delaware North has replaced that fragmented approach with a single automated system that handles hundreds of distinct tip-pooling and distribution use cases across its operations. Today, TipHaus supports more than 40 locations for Delaware North.
"Partnering with TipHaus has helped Delaware North streamline and modernize our tip management process, reducing administrative effort while improving accuracy and transparency for our leaders," said Michele Seaver, Director of Payroll and Workforce Management at Delaware North. "What used to take a full day of coordination now takes just a couple of hours to pull a single enterprise-wide export. Given the diversity and complexity of our portfolio, the flexibility of the TipHaus platform, and the collaborative partnership we have built with the TipHaus team have been extremely valuable. Their willingness to adapt solutions and get creative to meet our unique operational needs has helped us drive greater consistency across our business while supporting a better experience for all involved," Seaver said.
TipHaus integrates directly with the systems Delaware North already runs, including Oracle Simphony, Toast, and UKG Dimensions, pulling sales, shift, and labor data automatically so that tip calculations run without manual data entry from each location. Rather than forcing a rigid, one-size-fits-all model, TipHaus configures to the specific rules of each property, allowing Delaware North to standardize oversight at the enterprise level while honoring the operational realities of each individual venue.
#Delaware #location
3 months ago
Aoris Investment Management, a specialist international equity manager, released its Q2 2026 investor letter for "Aoris International Fund". A copy of the letter can be downloaded here. The fund invests in high-quality, wealth-generating businesses managed by prudent and capable teams, targeting an annual return of 8–12% after fees over a 5–7-year market cycle. During the June quarter, international equity markets, as represented by the MSCI AC World Accumulation Index ex Australia, returned 13.8% in AUD terms. In local currencies, the return 15.1%. The Portfolio's Class A (Unhedged) returned 5.7% after fees, underperforming its benchmark by 8.1%, while the Class C (Hedged) gained 6.7%, 8.4% less than its benchmark. The June quarter continued to reflect an unusual year, marked by significant share price increases among AI infrastructure companies, particularly semiconductor producers and data center suppliers. Economic sectors like banks and commodity producers saw gains, but the firm chose not to invest due to their cyclicality and low growth prospects. Conversely, concerns about enterprise software and data companies, challenged by AI, negatively impacted performance. The letter outlined potential incremental opportunities for portfolio companies through AI. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its Q2 2026 investor letter, Aoris Investment Management highlighted Cintas Corporation (NASDAQ:CTAS). Cintas Corporation (NASDAQ:CTAS) engages in the provision of corporate identity uniforms and related business services. On August 21, 2026, Cintas Corporation (NASDAQ:CTAS) closed at $203.79 per share, reflecting a market capitalization of $81.55 billion. Cintas Corporation (NASDAQ:CTAS) posted a one‑month return of -3.41%, while its shares lost 3.81% over the past 52 weeks.
Aoris Investment Management stated the following regarding Cintas Corporation (NASDAQ:CTAS) in its Q2 2026 investor letter:
"Cintas Corporation (NASDAQ:CTAS) is America's largest uniform rental company. It earns 40% of its revenue from collecting, laundering and replacing uniforms for customers in industries such as hospitality, entertainment, manufacturing and healthcare. It also offers other facility services like the laundering of entrance mats, replenishment of restroom supplies, and monitoring of first aid kits and fire protection equipment.
Cintas has long used technology to improve service and efficiency, such as the SmartTruck system, which optimises its technicians' workday routes, and garment-tracking technology to reduce the likelihood of lost uniforms. AI should be another tool for Cintas to improve its logistics, service quality, sales effectiveness and cost control…" (Click here to read the full text)
#aoris #investor
In its Q2 2026 investor letter, Aoris Investment Management highlighted Cintas Corporation (NASDAQ:CTAS). Cintas Corporation (NASDAQ:CTAS) engages in the provision of corporate identity uniforms and related business services. On August 21, 2026, Cintas Corporation (NASDAQ:CTAS) closed at $203.79 per share, reflecting a market capitalization of $81.55 billion. Cintas Corporation (NASDAQ:CTAS) posted a one‑month return of -3.41%, while its shares lost 3.81% over the past 52 weeks.
Aoris Investment Management stated the following regarding Cintas Corporation (NASDAQ:CTAS) in its Q2 2026 investor letter:
"Cintas Corporation (NASDAQ:CTAS) is America's largest uniform rental company. It earns 40% of its revenue from collecting, laundering and replacing uniforms for customers in industries such as hospitality, entertainment, manufacturing and healthcare. It also offers other facility services like the laundering of entrance mats, replenishment of restroom supplies, and monitoring of first aid kits and fire protection equipment.
Cintas has long used technology to improve service and efficiency, such as the SmartTruck system, which optimises its technicians' workday routes, and garment-tracking technology to reduce the likelihood of lost uniforms. AI should be another tool for Cintas to improve its logistics, service quality, sales effectiveness and cost control…" (Click here to read the full text)
#aoris #investor
3 months ago
Aoris Investment Management, a specialist international equity manager, released its Q2 2026 investor letter for "Aoris International Fund". A copy of the letter can be downloaded here. The fund invests in high-quality, wealth-generating businesses managed by prudent and capable teams, targeting an annual return of 8–12% after fees over a 5–7-year market cycle. During the June quarter, international equity markets, as represented by the MSCI AC World Accumulation Index ex Australia, returned 13.8% in AUD terms. In local currencies, the return 15.1%. The Portfolio's Class A (Unhedged) returned 5.7% after fees, underperforming its benchmark by 8.1%, while the Class C (Hedged) gained 6.7%, 8.4% less than its benchmark. The June quarter continued to reflect an unusual year, marked by significant share price increases among AI infrastructure companies, particularly semiconductor producers and data center suppliers. Economic sectors like banks and commodity producers saw gains, but the firm chose not to invest due to their cyclicality and low growth prospects. Conversely, concerns about enterprise software and data companies, challenged by AI, negatively impacted performance. The letter outlined potential incremental opportunities for portfolio companies through AI. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its Q2 2026 investor letter, Aoris Investment Management highlighted InterContinental Hotels Group PLC (NYSE:IHG). InterContinental Hotels Group PLC (NYSE:IHG) is a leading hospitality company owns, manages, franchises, and leases hotels globally. On August 21, 2026, InterContinental Hotels Group PLC (NYSE:IHG) closed at $159.91 per share, reflecting a market capitalization of $23.55 billion. InterContinental Hotels Group PLC (NYSE:IHG) posted a one‑month return of 0.25%, while its shares gained 32.18% over the past 52 weeks.
Aoris Investment Management stated the following regarding InterContinental Hotels Group PLC (NYSE:IHG) in its Q2 2026 investor letter:
"InterContinental Hotels Group PLC (NYSE:IHG) is a brand owner and franchisor of global hotel chains, including Holiday Inn, InterContinental and Crowne Plaza. Hotel owners pay IHG a franchise fee in exchange for access to its brands, loyalty program, and IT systems to help manage their properties, reservations and pricing. IHG franchisees earn better economics than independent hotels, which is why an increasing share of new and existing hotels are choosing to partner with IHG.
IHG's technology systems are a core advantage over smaller chains and independent hotels. AI can widen this gap through improvements in its search functions, booking process, customer service, pricing, marketing, and operational efficiency. For example, IHG is developing AI-powered conversational search to help guests book properties and receive more detailed information about its franchisees' rooms and services.…" (Click here to read the full text)
#NYSE
In its Q2 2026 investor letter, Aoris Investment Management highlighted InterContinental Hotels Group PLC (NYSE:IHG). InterContinental Hotels Group PLC (NYSE:IHG) is a leading hospitality company owns, manages, franchises, and leases hotels globally. On August 21, 2026, InterContinental Hotels Group PLC (NYSE:IHG) closed at $159.91 per share, reflecting a market capitalization of $23.55 billion. InterContinental Hotels Group PLC (NYSE:IHG) posted a one‑month return of 0.25%, while its shares gained 32.18% over the past 52 weeks.
Aoris Investment Management stated the following regarding InterContinental Hotels Group PLC (NYSE:IHG) in its Q2 2026 investor letter:
"InterContinental Hotels Group PLC (NYSE:IHG) is a brand owner and franchisor of global hotel chains, including Holiday Inn, InterContinental and Crowne Plaza. Hotel owners pay IHG a franchise fee in exchange for access to its brands, loyalty program, and IT systems to help manage their properties, reservations and pricing. IHG franchisees earn better economics than independent hotels, which is why an increasing share of new and existing hotels are choosing to partner with IHG.
IHG's technology systems are a core advantage over smaller chains and independent hotels. AI can widen this gap through improvements in its search functions, booking process, customer service, pricing, marketing, and operational efficiency. For example, IHG is developing AI-powered conversational search to help guests book properties and receive more detailed information about its franchisees' rooms and services.…" (Click here to read the full text)
#NYSE
3 months ago
This story was originally published on QSR. To receive daily news and insights, subscribe to our free daily QSR AM Jolt.
The Great Greek Mediterranean Grill, the award-winning fast-casual restaurant brand known for its elevated Mediterranean cuisine and hospitality-driven dining experience, announced today its notable performance through the first half of 2026, advancing franchise development, expanding its global footprint, driving strong sales growth, and earning multiple industry accolades. The brand currently has 92 restaurants open across 22 states and internationally.
During the first six months of the year, The Great Greek Mediterranean Grill signed 20 domestic franchise agreements – including four multi-unit development agreements – totaling 30 future restaurants across high-growth markets, while also securing its first-ever franchise agreement in Massachusetts. Development activity included:
Six locations for Nassau County, New York
Five locations for Dallas, Texas
#first #great
The Great Greek Mediterranean Grill, the award-winning fast-casual restaurant brand known for its elevated Mediterranean cuisine and hospitality-driven dining experience, announced today its notable performance through the first half of 2026, advancing franchise development, expanding its global footprint, driving strong sales growth, and earning multiple industry accolades. The brand currently has 92 restaurants open across 22 states and internationally.
During the first six months of the year, The Great Greek Mediterranean Grill signed 20 domestic franchise agreements – including four multi-unit development agreements – totaling 30 future restaurants across high-growth markets, while also securing its first-ever franchise agreement in Massachusetts. Development activity included:
Six locations for Nassau County, New York
Five locations for Dallas, Texas
#first #great
3 months ago
Aoris Investment Management, a specialist international equity manager, released its Q2 2026 investor letter for "Aoris International Fund". A copy of the letter can be downloaded here. The fund invests in high-quality, wealth-generating businesses managed by prudent and capable teams, targeting an annual return of 8–12% after fees over a 5–7-year market cycle. During the June quarter, international equity markets, as represented by the MSCI AC World Accumulation Index ex Australia, returned 13.8% in AUD terms. In local currencies, the return 15.1%. The Portfolio's Class A (Unhedged) returned 5.7% after fees, underperforming its benchmark by 8.1%, while the Class C (Hedged) gained 6.7%, 8.4% less than its benchmark. The June quarter continued to reflect an unusual year, marked by significant share price increases among AI infrastructure companies, particularly semiconductor producers and data center suppliers. Economic sectors like banks and commodity producers saw gains, but the firm chose not to invest due to their cyclicality and low growth prospects. Conversely, concerns about enterprise software and data companies, challenged by AI, negatively impacted performance. The letter outlined potential incremental opportunities for portfolio companies through AI. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its Q2 2026 investor letter, Aoris Investment Management highlighted InterContinental Hotels Group PLC (NYSE:IHG). InterContinental Hotels Group PLC (NYSE:IHG) is a leading hospitality company owns, manages, franchises, and leases hotels globally. On August 21, 2026, InterContinental Hotels Group PLC (NYSE:IHG) closed at $159.91 per share, reflecting a market capitalization of $23.55 billion. InterContinental Hotels Group PLC (NYSE:IHG) posted a one‑month return of 0.25%, while its shares gained 32.18% over the past 52 weeks.
Aoris Investment Management stated the following regarding InterContinental Hotels Group PLC (NYSE:IHG) in its Q2 2026 investor letter:
"InterContinental Hotels Group PLC (NYSE:IHG) is a brand owner and franchisor of global hotel chains, including Holiday Inn, InterContinental and Crowne Plaza. Hotel owners pay IHG a franchise fee in exchange for access to its brands, loyalty program, and IT systems to help manage their properties, reservations and pricing. IHG franchisees earn better economics than independent hotels, which is why an increasing share of new and existing hotels are choosing to partner with IHG.
IHG's technology systems are a core advantage over smaller chains and independent hotels. AI can widen this gap through improvements in its search functions, booking process, customer service, pricing, marketing, and operational efficiency. For example, IHG is developing AI-powered conversational search to help guests book properties and receive more detailed information about its franchisees' rooms and services.…" (Click here to read the full text)
#inves
In its Q2 2026 investor letter, Aoris Investment Management highlighted InterContinental Hotels Group PLC (NYSE:IHG). InterContinental Hotels Group PLC (NYSE:IHG) is a leading hospitality company owns, manages, franchises, and leases hotels globally. On August 21, 2026, InterContinental Hotels Group PLC (NYSE:IHG) closed at $159.91 per share, reflecting a market capitalization of $23.55 billion. InterContinental Hotels Group PLC (NYSE:IHG) posted a one‑month return of 0.25%, while its shares gained 32.18% over the past 52 weeks.
Aoris Investment Management stated the following regarding InterContinental Hotels Group PLC (NYSE:IHG) in its Q2 2026 investor letter:
"InterContinental Hotels Group PLC (NYSE:IHG) is a brand owner and franchisor of global hotel chains, including Holiday Inn, InterContinental and Crowne Plaza. Hotel owners pay IHG a franchise fee in exchange for access to its brands, loyalty program, and IT systems to help manage their properties, reservations and pricing. IHG franchisees earn better economics than independent hotels, which is why an increasing share of new and existing hotels are choosing to partner with IHG.
IHG's technology systems are a core advantage over smaller chains and independent hotels. AI can widen this gap through improvements in its search functions, booking process, customer service, pricing, marketing, and operational efficiency. For example, IHG is developing AI-powered conversational search to help guests book properties and receive more detailed information about its franchisees' rooms and services.…" (Click here to read the full text)
#inves
3 months ago
Aoris Investment Management, a specialist international equity manager, released its Q2 2026 investor letter for "Aoris International Fund". A copy of the letter can be downloaded here. The fund invests in high-quality, wealth-generating businesses managed by prudent and capable teams, targeting an annual return of 8–12% after fees over a 5–7-year market cycle. During the June quarter, international equity markets, as represented by the MSCI AC World Accumulation Index ex Australia, returned 13.8% in AUD terms. In local currencies, the return 15.1%. The Portfolio's Class A (Unhedged) returned 5.7% after fees, underperforming its benchmark by 8.1%, while the Class C (Hedged) gained 6.7%, 8.4% less than its benchmark. The June quarter continued to reflect an unusual year, marked by significant share price increases among AI infrastructure companies, particularly semiconductor producers and data center suppliers. Economic sectors like banks and commodity producers saw gains, but the firm chose not to invest due to their cyclicality and low growth prospects. Conversely, concerns about enterprise software and data companies, challenged by AI, negatively impacted performance. The letter outlined potential incremental opportunities for portfolio companies through AI. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its Q2 2026 investor letter, Aoris Investment Management highlighted Cintas Corporation (NASDAQ:CTAS). Cintas Corporation (NASDAQ:CTAS) engages in the provision of corporate identity uniforms and related business services. On August 21, 2026, Cintas Corporation (NASDAQ:CTAS) closed at $203.79 per share, reflecting a market capitalization of $81.55 billion. Cintas Corporation (NASDAQ:CTAS) posted a one‑month return of -3.41%, while its shares lost 3.81% over the past 52 weeks.
Aoris Investment Management stated the following regarding Cintas Corporation (NASDAQ:CTAS) in its Q2 2026 investor letter:
"Cintas Corporation (NASDAQ:CTAS) is America's largest uniform rental company. It earns 40% of its revenue from collecting, laundering and replacing uniforms for customers in industries such as hospitality, entertainment, manufacturing and healthcare. It also offers other facility services like the laundering of entrance mats, replenishment of restroom supplies, and monitoring of first aid kits and fire protection equipment.
Cintas has long used technology to improve service and efficiency, such as the SmartTruck system, which optimises its technicians' workday routes, and garment-tracking technology to reduce the likelihood of lost uniforms. AI should be another tool for Cintas to improve its logistics, service quality, sales effectiveness and cost control…" (Click here to read the full text)
#letter
In its Q2 2026 investor letter, Aoris Investment Management highlighted Cintas Corporation (NASDAQ:CTAS). Cintas Corporation (NASDAQ:CTAS) engages in the provision of corporate identity uniforms and related business services. On August 21, 2026, Cintas Corporation (NASDAQ:CTAS) closed at $203.79 per share, reflecting a market capitalization of $81.55 billion. Cintas Corporation (NASDAQ:CTAS) posted a one‑month return of -3.41%, while its shares lost 3.81% over the past 52 weeks.
Aoris Investment Management stated the following regarding Cintas Corporation (NASDAQ:CTAS) in its Q2 2026 investor letter:
"Cintas Corporation (NASDAQ:CTAS) is America's largest uniform rental company. It earns 40% of its revenue from collecting, laundering and replacing uniforms for customers in industries such as hospitality, entertainment, manufacturing and healthcare. It also offers other facility services like the laundering of entrance mats, replenishment of restroom supplies, and monitoring of first aid kits and fire protection equipment.
Cintas has long used technology to improve service and efficiency, such as the SmartTruck system, which optimises its technicians' workday routes, and garment-tracking technology to reduce the likelihood of lost uniforms. AI should be another tool for Cintas to improve its logistics, service quality, sales effectiveness and cost control…" (Click here to read the full text)
#letter
3 months ago
On August 11, Aramark (NYSE:ARMK) reported fiscal third-quarter results that beat expectations on nearly every line, with organic revenue climbing 9% to $5 billion and adjusted earnings per share jumping almost 30% from a year earlier. The company also raised its full-year revenue growth outlook and pointed to a growing footprint inside AI data centers as its next act. A closer look at the numbers shows some of that strength leaning on adjustments and calendar quirks that are worth understanding before getting too excited.
Aramark's growth is broad and not dependent on one segment. Organic revenue in the Food and Support Services/FSS US segment rose 8% to $3.5 billion, and would have topped 10% if not for a calendar shift in the education business that pushed some revenue into the fourth quarter. FSS International organic revenue rose 11% to $1.5 billion, led by strong performance in Spain, Canada, the UK, and Germany, contributing to nearly 200 new client locations added globally during the quarter. Client retention sits near 98%, and the company has landed more than $1.6 billion in new client wins so far this fiscal year, 51% ahead of the same stretch a year ago.
The more interesting story sits inside Aramark Nexus, the unit built to serve hospitality needs at data centers and industrial sites. Aramark began operating its first site for a major hyperscaler in Texas just weeks before the earnings call, and management said the scope of work across that client's two locations has already grown roughly 40% beyond original estimates. A second site is being mobilized, and Aramark separately signed a multiyear deal with an AI data center colocation provider to run hospitality services for workforce communities in Wyoming and Texas, with the first site set to open early in the next fiscal year. If AI infrastructure spending keeps expanding the way it has, Aramark has positioned itself as a landlord of sorts for the workers building it.
Not every number tells as clean a story. Aramark's GAAP earnings per share came in at $0.36 for the quarter, well below the $0.52 adjusted figure the company highlighted, a reminder that a meaningful chunk of the improvement comes from items management chooses to exclude. The calendar shift created an estimated $18 million to $19 million drag on adjusted operating income this quarter, temporarily weighing down reported growth rates across the international and domestic food segments. That means the reported 13% AOI growth and 9% revenue growth both come with an asterisk, making quarter-over-quarter comparisons harder to trust at face value.
#fiscal
Aramark's growth is broad and not dependent on one segment. Organic revenue in the Food and Support Services/FSS US segment rose 8% to $3.5 billion, and would have topped 10% if not for a calendar shift in the education business that pushed some revenue into the fourth quarter. FSS International organic revenue rose 11% to $1.5 billion, led by strong performance in Spain, Canada, the UK, and Germany, contributing to nearly 200 new client locations added globally during the quarter. Client retention sits near 98%, and the company has landed more than $1.6 billion in new client wins so far this fiscal year, 51% ahead of the same stretch a year ago.
The more interesting story sits inside Aramark Nexus, the unit built to serve hospitality needs at data centers and industrial sites. Aramark began operating its first site for a major hyperscaler in Texas just weeks before the earnings call, and management said the scope of work across that client's two locations has already grown roughly 40% beyond original estimates. A second site is being mobilized, and Aramark separately signed a multiyear deal with an AI data center colocation provider to run hospitality services for workforce communities in Wyoming and Texas, with the first site set to open early in the next fiscal year. If AI infrastructure spending keeps expanding the way it has, Aramark has positioned itself as a landlord of sorts for the workers building it.
Not every number tells as clean a story. Aramark's GAAP earnings per share came in at $0.36 for the quarter, well below the $0.52 adjusted figure the company highlighted, a reminder that a meaningful chunk of the improvement comes from items management chooses to exclude. The calendar shift created an estimated $18 million to $19 million drag on adjusted operating income this quarter, temporarily weighing down reported growth rates across the international and domestic food segments. That means the reported 13% AOI growth and 9% revenue growth both come with an asterisk, making quarter-over-quarter comparisons harder to trust at face value.
#fiscal
3 months ago
With a market cap of $36.9 billion, TKO Group Holdings, Inc. (TKO) is a premium sports and entertainment company that owns leading properties including UFC, WWE, PBR, and Zuffa Boxing, reaching more than 1 billion households across 210 countries and territories. Through businesses such as IMG and On Location, TKO also provides sports marketing and premium hospitality services, while its properties host more than 500 live events annually and attract over three million fans.
Shares of the New York-based company have lagged behind the broader market over the past 52 weeks. TKO stock has risen 4.7% over this time frame, while the broader S&P 500 Index ($SPX) has returned 19.3%. In addition, shares of the company are down 7% on a YTD basis, compared to SPX's 12.4% increase.
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Shares of the New York-based company have lagged behind the broader market over the past 52 weeks. TKO stock has risen 4.7% over this time frame, while the broader S&P 500 Index ($SPX) has returned 19.3%. In addition, shares of the company are down 7% on a YTD basis, compared to SPX's 12.4% increase.
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