Author name: Darlene Allen

Darlene Allen is a news writer with Canary Islands News, where she covers lifestyle, books, sports, education, and tech. She's also the author of several books and a frequent speaker on topics ranging from women's rights to the importance of STEM education.

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Darden Restaurants' sales rise 6%, fueled by Olive Garden and LongHorn Steakhouse

A sign hangs on the front of an Olive Garden restaurant on June 22, 2023 in Chicago, Illinois. Scott Olsen | Getty Images Darden Restaurants on Thursday reported quarterly earnings and revenue that met analysts’ expectations and better-than-expected same-store sales growth at Olive Garden and LongHorn Steakhouse. Shares of the company rose 8% in premarket trading. Here’s […]

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Malls are using new restaurants to draw consumers as shopping centers reinvent themselves

Editor’s note: This is the third story in a three-part CNBC series about the future of U.S. shopping malls, as developers transform the spaces to add new retailers, experiences and even apartments. Read the first and second parts. Malls used to be the destination for the buzziest stores. Now they’re home to the hottest restaurants. The

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How Vuori reached a $5.5 billion valuation by taking share from Lululemon

When athleisure brand Vuori launched in 2015, it was headquartered in a garage, sold only men’s shorts and couldn’t get investors to give it the time of day.  Now, the Carlsbad, California, retailer is expanding globally, backed by a string of marquee investors including General Atlantic, SoftBank and Norwest Venture Partners, after raising $825 million

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Hyatt’s Vegas Boost, TSA’s Busiest Days and a New Indie Hotel Giant

Good morning from Skift. It’s Thursday, December 19, 2024. Here’s what you need to know about the business of travel today. Listen Now 🎧 Subscribe Apple Podcasts | Spotify | Youtube | RSS Episode Notes Hyatt has reached an agreement with The Venetian Resort Las Vegas to allow guests to book stays at the property via Hyatt’s platforms, reports

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Private equity looks to buy in to college sports

There’s a mad dash for cash in college sports. Between multibillion-dollar television deals, the institution of the transfer portal and the escalation of NIL —name, image and likeness — deals for athletes, college athletic programs, particularly football, have never looked more lucrative. Now private equity and venture capital enterprises such as College Sports Tomorrow, Smash

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Ixigo CEO Explains Expansion Into Train Food Delivery Market

Ixigo’s acquisition of train food delivery app Zoop isn’t solely about financial gains. The rationale is straightforward: Zoop’s business model boosts profits, scales easily, and improves the delivery experience for customers, Ixigo Group CEO and Co-Founder Aloke Bajpai told Skift. According to Bajpai, Zoop can drive more purchases on the platform. “The number of transacting

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Who Is Fueling India’s Demand for Hostel Accommodations — India Report

An increasing number of young, budget-conscious travelers are driving demand for hostel accommodations in India over the last few years, according to Pranav Dangi, founder and CEO of backpacker hostel chain The Hosteller.  The backpacking culture in India is also contributing to this trend. The Hosteller CEO notes that the company has also recorded a

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Lark Hotels and Life House Team Up to Manage Lifestyle Properties

Lark Hospitality announced a joint venture Wednesday with Life House Hotels that will create one of North America’s largest operators of independent boutique hotels, with a combined portfolio of 97 U.S. properties. Financial terms of the transaction were not disclosed. The companies said the venture will have a “nearly $1 billion portfolio” of small, lifestyle

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