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Le Pain Quotidian, California Pizza Kitchen, Sizzler are among 17 major restaurant chains that have filed for bankruptcy since the start of the pandemic. Read more here: https://www.restaurantbusinessonline.com/financing/these-restaurant-companies-filed-bankruptcy-during-pandemic No back to normal for the restaurant industry as the impact of the coronavirus pandemic forces change to the restaurant model. Read […]
With the National Restaurant Association projecting an overall revenue shortfall of $240 billion for 2020 because of COVID-19, industry executives mull over survival strategies. Read more here: https://www.forbes.com/sites/hbsworkingknowledge/2020/08/10/restaurant-revolution-how-the-industry-is-fighting-to-stay-alive/#1f7423d7f1eb Suddenly there are too few restaurants, say some industry executives and analysts, pointing to strong sales at Popeyes, Firehouse Subs and other […]
CLICK HERE FOR THE FULL 2020 RESTAURANT INDUSTRY SALARY REPORT It is our tradition at RestaurantZone to publish each year an annual salary review, a quick reference guide of salaries being paid across the hospitality industry in the U.S. We are delighted that we are able to provide our 2020 […]
California Pizza Kitchen has filed for bankruptcy, blaming the COVID-19 pandemic for its financial problems. Take-out proved not be a solution for CPK, since 78% of its total sales before the coronavirus lockdown came from in-store dining. Read more here: https://www.cbsnews.com/news/california-pizza-kitchen-bankruptcy-chapter-11/?ftag=CNM-00-10aac3a Dunkin’ to close in 800 locations across the U.S. […]
Burger King introduces a Whopper made of “reduced methane emissions beef,” a move aimed at combatting climate change. Read more here: https://www.washingtonpost.com/news/voraciously/wp/2020/07/14/burger-king-wants-to-combat-climate-change-by-helping-its-cows-be-a-little-less-gassy/ Almost 16,000 restaurants have shut down permanently since the coronavirus pandemic hit the U.S. in March. Read more here: https://www.delish.com/food-news/a33393205/restaurant-closures-yelp-data/ “Ghost Food Halls” might be the […]
Restaurant chains like Applebee’s and TGI Fridays are highlighting germ-free dining as they try to bring back wary customers. Read more here : https://www.nytimes.com/2020/06/26/business/restaurant-reopenings-coronavirus.html?searchResultPosition=1 Resurgence of coronavirus cases in Texas, California, Florida and elsewhere pose a threat to the hard-hit restaurant industry. Read more here: https://www.restaurantbusinessonline.com/financing/growing-coronavirus-cases-pose-big-threat-restaurants-recovery Open […]
New federal employment figures show the restaurant industry brought back almost 1.4 million workers last month, an indication that more people are eating out again following the coronavirus lockdown. Read more here: https://www.restaurantbusinessonline.com/financing/restaurants-rehired-nearly-14m-workers-last-month Papa John’s franchises are staffing up following announcement the chain plans to hire 20,000 workers nationwide. […]
COVID-19 has been brutal for many small restaurant businesses. Among many things, it has taught us about the need for financial instruments and resources in the case of emergency. And while this is all happening, many are hoping the government can provide assistance to them. A business without financing options […]
As restaurants re-open in some states, owners wonder if the good times of just a few months ago will ever return. Read more here: https://www.washingtonpost.com/business/2020/05/04/restaurants-some-states-fire-up-again-proprietors-wonder-if-rich-dining-landscape-will-ever-be-same/ Texas Roadhouse tells investors the chain is generating enough cash from its to-go service to cover operating costs, and it expects to be turning a […]
Ruth’s Chris Steakhouse, Shake Shack are among the national restaurant chains criticized for getting millions of dollars in grants from the multi-billion dollar federal Paycheck Protection Program, crowding out smaller restaurants from the now exhausted fund. Read more here: https://www.washingtonpost.com/business/2020/04/20/white-house-gop-face-heat-after-hotel-restaurant-chains-helped-run-small-business-program-dry/ An estimated 8 million restaurant workers have been furloughed […]
Let’s not sugar coat it, times are tough! But when faced with adversity, Business Owners & Executives have an obligation to adapt and find a way to survive. And in some cases, we can thrive, identify and capitalize on the opportunities that exist. These past weeks, I’ve had many incredible […]
Coping with coronavirus restrictions, California Pizza Kitchen is among the chains offering meal kits and grocery items for pick-up or delivery. Read more here: https://www.foodnetwork.com/fn-dish/news/2020/4/chain-restaurants-new-ways-to-feed-customers Restaurants across U.S. mobilize to help feed medical workers on the frontline of the coronavirus pandemic. Read more here: https://www.washingtonpost.com/news/voraciously/wp/2020/04/04/restaurants-step-up-to-feed-hospital-workers-on-the-pandemics-front-lines/ Some states ease restrictions on […]
Revised 4/28/20 I spent a lot of time this past week researching what government relief options are being provided for restaurants and businesses across the US, who have been affected by COVID-19. In addition, have had many helpful discussions with our clients and consultations with our accountants, banks and related […]
How Can Restaurants Adapt to COVID-19? These are unprecedented challenges we are facing as an industry. One of the questions we are getting asked the most within our network is “what are other restaurant & hospitality owners/executives doing during this time?” RestaurantZone’s audience of over 100+ small, medium and large sized firms […]
Domino’s will hire 10,000 workers to meet delivery demand during the coronavirus outbreak, with Domino’s CEO saying in a statement the restaurant chain not only wants to feed people during the crisis but also provide jobs for those “…looking for work at this time, especially those in the heavily-impacted restaurant […]
Restaurant industry bracing for coronavirus impact as some experts predict a shift toward food delivery. Read more here: https://www.nrn.com/news/restaurant-industry-braces-coronavirus-impact McDonald’s, Starbucks and Dunkin’ Donuts among restaurants taking sanitation measures to prevent coronavirus spread. Read more here: https://www.cnbc.com/2020/03/06/us-restaurants-respond-to-coronavirus-with-more-cleaning-and-creativity.html Coronavirus impact overseas: restaurants have closed in cities like Shanghai, Macau, […]
Layoffs at Subway’s corporate headquarters in Connecticut reflect struggle at the sandwich chain giant as it copes with declining sales and store closings. https://www.restaurantbusinessonline.com/financing/subway-lays-300-corporate-headquarters Papa John’s turnaround plan seems to be bearing fruit as the company focuses on improving company culture with incentives such as its Dough & Degrees […]
Let's face it. Hiring can be really tough! Especially in the restaurant/hospitality industry. High turnover rates. Tough to fill roles. New ...
Updated as of October 3rd, 2016 Let's face it we all know recruiting can be challenging. You need all the help and resources you can get. That's why I...
This article outlines 12 recruiting tools for restaurants and hospitality professionals. This is based on research and what some of our clients/partners (who ...
I’ve wanted to write about the topic of job advertisements for some time now. It’s played such a HUGE role at RZ with achieving BIG TIME candidate results. I’...
Many times I hear questions from recruiters, how can I get job seekers to reply? I had several interesting conversations last week with various clients - a co...
A new study says workers in the restaurant and foodservice industry have the highest number of complaints about burnout compar...
California restaurants are now dealing with the ripple effect of the minimum wage hike for fast food workers. Restaurants of ...
California fast-food workers at chains with more than 60 national locations are now earning $20 an hour as a new state law goe...
Restaurant Industry Salary Report 2024 (CLICK HERE FOR THE FREE REPORT) Unveiling the 2024 Restaurant Industry Salary Guide: A ...
Salaried fast-food managers in California will be entitled to overtime pay under the state's new minimum wage law th...
Straight From Philly - "This is indeed a very helping article. Thank you for sharing such resources."...
Leela - "Hi, even though this article mentions sound points in order to increase restaurant sales, it doesn't mention one ex"...