Restaurant News Roundup, 03/01/2023
Higher menu prices and continued pent-up demand will drive up food industry sales by over 6% in 2023, according to a forecast by the National Restaurant Association. Read more here: https://www.nrn.com/operations/foodservice-sales-hit-997-billion-2023-national-restaurant-association-forecasts
McDonald’s CEO has lashed out against regulatory efforts at the state and federal levels that he says could end franchising. CEO Chris Kempczinski made the warning Monday (2/27) in a speech at a Las Vegas franchise convention. Read more here: https://www.restaurantbusinessonline.com/financing/mcdonalds-ceo-warns-regulations-could-end-franchising
Jersey Mike’s ad campaign featuring Danny DeVito boosts sales for the sandwich chain. Read more here: https://www.nrn.com/marketing/how-jersey-mike-s-marketing-strategy-evolved-include-danny-devito
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