Restaurant News Roundup, 09/19/2021

The fast-food industry struggles to find enough workers, even as customers return.  The main problem: low wages.  Read more here: https://www.washingtonpost.com/business/2021/09/17/fast-food-labor-shortage/   New York restaurant CEO calls on Congress to replenish the Restaurant Revitalization Fund, saying “independent restaurants don’t stand a chance” without more government help.  Read more here: https://finance.yahoo.com/news/the-government-needs-to-step-up-and-replenish-the-restaurant-recovery-fund-161700495.html   […]

Restaurant News Roundup, 09/02/2021

Restaurant and food service industry sales expected to jump nearly 20% this year but restaurant owners say hiring remains difficult and worry that the spread of the delta variant could stall a recovery.  Read more here: https://www.cnbc.com/2021/08/31/restaurant-owners-say-hiring-is-becoming-an-increasing-challenge-.html   Hourly restaurant workers say disrespect from customers is a big factor in […]

Restaurant News Roundup, 08/07/2021

More restaurants and bars are imposing vaccine mandates.  Move is aimed to keep employees safe as the Covid-19 delta variant spreads among the unvaccinated.  Read more here: https://thehill.com/policy/finance/566791-bars-restaurants-move-to-impose-vaccine-mandates   How restaurants and bars in Provincetown, Massachusetts are coping with the aftermath of a delta variant outbreak.  Read more here: https://boston.eater.com/22605934/provincetown-bars-restaurants-covid-19-delta-outbreak-july-recovery-masks   […]

Restaurant News Roundup, 07/08/2021

Higher labor and food costs putting pressure on restaurants coping with already thin margins.  Read more here: https://www.washingtontimes.com/news/2021/jul/7/for-the-restaurant-industry-inflation-is-a-recipe-/   While total sales at restaurants are climbing and almost back to pre-pandemic levels, restaurant employment still lags.  Read more here: https://qz.com/2024911/us-restaurant-sales-are-booming-but-employment-continues-to-lag/   Customer service jobs in health care and other fields […]

Restaurant News Roundup, 06/14/2021

Rising food costs, especially for beef and chicken, impacting restaurants, forcing diners to pay more for a meal.  Read more here: https://www.foxbusiness.com/features/diners-expect-menu-subsitutions-restaurants-costs-rise   Doubling wages to $15 an hour plus tips boosts job applications at restaurants having difficulty staffing up.  Some owners relate their experiences in this article here: https://www.washingtonpost.com/business/2021/06/10/worker-shortage-raising-wages/   […]

Restaurant News Roundup, 05/17/2021

As COVID-19 restrictions loosen, restaurants continue to experience staff shortages despite offers of increased pay.  Read more here: https://abcnews.go.com/Business/restaurants-hard-time-finding-staff-now/story?id=77562018   KFC wants to fill 20,000 full and part-time positions across the nation.  Read more here: https://www.cnbc.com/2021/05/05/kfc-looks-to-hire-20000-workers-as-restaurant-industry-faces-labor-crunch.html   Latest SBA data shows the agency has received almost 147,000 applications requesting a […]

Restaurant News Roundup, 04/08/2021

Restaurant owners struggle to ramp back up as sales rebound because they can’t hire enough employees, even though an estimated 1.8 million restaurant were displaced by the pandemic crisis.  Read more about the restaurant labor crunch here: https://www.restaurantbusinessonline.com/workforce/restaurants-sales-are-returning-not-necessarily-their-workers   As the industry slowly recovers in South Florida, many hospitality workers […]

2021 Restaurant Industry Salary Report

CLICK HERE FOR THE FULL 2021 RESTAURANT INDUSTRY SALARY REPORT Each year RestaurantZone is committed to giving its clientele an annual salary review, a quick reference guide of salaries being paid across the US restaurant industry. We are thrilled to furnish our 2021 Restaurant Industry Salary Report figures! Our clients […]

Restaurant News Roundup, 03/13/2021

In addition to the almost $29 billion in direct aid to restaurants in the COVID relief bill signed into law by President Biden, there are other additional provisions that will help the industry.  Find out more here: https://www.restaurantbusinessonline.com/financing/4-additional-breaks-restaurants-covid-recovery-bill   While the Great Recession is said to have given rise to […]

Restaurant News Roundup, 01/25/2021

Higher labor costs, more direct COVID-19 relief, and immigration reform are some of the policies the restaurant industry can expect from the Biden administration.  Details here: https://www.restaurantbusinessonline.com/leadership/what-restaurants-can-expect-under-biden   Restaurant industry workers are worried about losing tip credit if Biden proposal for $15 minimum wage goes into effect. Read more here: […]

Restaurant News Roundup, 01/04/2021

Despite devastating COVID-19 impact on the restaurant industry, some positive signs for 2021 – including huge pent-up demand for eating out once the virus is under control.  Read more here on the outlook and analysis for 2021:  https://www.forbes.com/sites/aliciakelso/2021/12/30/what-does-the-restaurant-industry-look-like-in-2021-and-beyond/?sh=7fe7bfa826a4   Food writers, chefs, restaurant owners make 2021 predictions for the beleaguered […]

Restaurant News Roundup, 12/13/2020

An estimated 17% of the restaurants in the U.S. have closed permanently this year because of the impact of the coronavirus pandemic, according to the National Restaurant Association.  Read more here: https://www.cnn.com/2020/12/08/business/restaurant-closures-coronavirus/index.html   New York’s 21 Club – which for 90 years hosted presidents and other luminaries  – has shut […]

Restaurant & Hospitality Industry 2020 Observations & Preparing for 2021

During this year,  I’ve had numerous conversations with more than 75+ restaurant & hospitality owners & executives, ranging from all concepts and sizes. It’s been a privilege to have such deep, connected, frank and fascinating conversations given these unprecedented times. So I’d like to unveil some of the key takeaways […]

Restaurant News Roundup, 11/22/2020

Despite restaurant owners clamoring for more federal aid to help offset the impact of the pandemic, no aid seems to be forthcoming. Chances of another round of the Paycheck Protection Program are said to be nil, say Washington insiders.  Read more here: https://www.restaurantbusinessonline.com/financing/no-federal-aid-sight-time-around   Chipotle opens its first “digital-only restaurant” […]

Restaurant News Roundup, 11/2/2020

The iconic family dining chain, Friendly’s, has declared bankruptcy after struggling for years.  It will be sold to a company that owns Red Mango, Smoothie Factory and other concepts.  Read more here: https://www.restaurantbusinessonline.com/financing/friendlys-declares-bankruptcy-will-be-sold-owner-red-mango   National Restaurant Association CEO Tom Bené outlines grim prospect for restaurant industry if additional government support.  Read […]

Restaurant News Roundup, 09/28/2020

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 […]

Getting Creative: How the Hospitality Industry is Adapting to Covid-19

More than six months into the global Covid-19 pandemic, getting customers in the door remains challenging for restaurants. According to a July survey by Azurite Consulting, a management consulting firm, only 64% of customers surveyed responded that they’d feel comfortable dining out within the next two months. That number dropped […]

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