Abigail is on the M&A team and writes about consumer and retail deals. She joined Reuters in 2022 from Debtwire where she covered leveraged finance and the primary debt market for three years.

Wendy’s, Taco Bell and Chick-fil-A are among the restaurant chains that are looking beyond fountain soda for their drink offerings.

"This is an opportunity for growth when these are highly profitable," Wendy's U.S. President Abigail Pringle told analysts. In many cases, beverages generate higher profits and are easier to add ...