Restaurant News Roundup, 10/01/2019
The restaurant industry’s share of the food dollar is now at 51% as more Americans eat out than ever before, according to an overview of the US restaurant business. Read more here: https://articles2.marketrealist.com/2019/09/the-restaurant-industry-an-overview/
Supermarket chain Kroger has opened a food hall in a new store in downtown Cincinnati, in a move widely seen as blurring the line between restaurants and grocery stores. The food hall, which features well-known restaurants, offers indoor and outdoor seating as well as a full service bar. Read more here: https://www.restaurantbusinessonline.com/emerging-brands/why-restaurant-operators-should-watch-krogers-latest-supermarket
NYC restaurant owners are complaining that Grubhub’s business practices are cutting into their profit margins, a complaint that is now being investigated by the city’s small business committee. At issue are the high commissions charged by Grubhub and other third-party food delivery apps. Read more here: https://www.nytimes.com/2019/09/30/business/grubhub-seamless-restaurants-delivery-apps-fees.html
2734 total views, 2 today