About Bill Rodgers

  • Member Since: January 24, 2016

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Restaurant News Roundup, 3/7/2020

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, […]

Restaurant News Roundup, 2/22/2020

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 […]

Restaurant News Roundup, 1/25/20

A recent survey of full-service restaurants show the sector has no shortage of challenges but still is thriving with an average profit margin of 11 percent.  Read more here: https://www.fsrmagazine.com/finance/state-full-service-restaurant-industry   With consolidation increasingly the norm in the restaurant business, more mergers are taking place among growth chains buying up other […]

Restaurant News Roundup, 12/21/19

The front-runner for the Democratic presidential nomination, Joe Biden, is calling for the McDonald’s work force to be unionized.  Read more here: https://www.restaurantbusinessonline.com/workforce/joe-biden-calls-unionization-mcdonalds The food and beverage industry once had the lowest average chargeback rates in the business, but now almost one-third of respondents to a recent survey say these forced refunds […]

Restaurant News Roundup, 11/06/2019

Restaurant Brands International, which operates Burger King and Tim Hortons among others, is among four restaurant companies that have received a prestigious industry award.  Read more here: https://www.restaurantbusinessonline.com/leadership/4-restaurant-companies-awarded-top-global-industry-honor More full service restaurants are closing down as more customers patronize fast casual and quick service markets.   Read more here:  https://www.foxbusiness.com/lifestyle/restaurant-chains-dying The […]

Restaurant News Roundup, 10/16/19

Chipotle expands its college tuition assistance program for eligible employees in a move to retain and recruit workers.  Read more here:  https://www.restaurantbusinessonline.com/workforce/chipotle-expands-its-tuition-assistance-program   KFC launches on-line ordering and sees big success right off the bat.  The move is part of the chain’s overall technology strategy.  Read more here:  https://www.restaurantbusinessonline.com/technology/kfcs-future-online-ordering-more-delivery-artificial-intelligence   […]

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 […]

Restaurant News Roundup, 9/16/2019

Apps are now the way to go for restaurants.  That’s the word from a top executive at Wayback Burgers who says email and social media are just not enough anymore.   Read more here:  https://www.forbes.com/sites/forbesbusinessdevelopmentcouncil/2019/09/16/restaurant-app-best-practices/#2593c437522a     Taco Bell rolls out a vegetarian menu, with 13 meatless options, to meet […]

Restaurant News Roundup, 8/20/2019

Food delivery apps are reshaping the $836 billion restaurant industry – as more digital-only establishments are set up to make food for people who want to eat at home.  Read more here: https://www.nytimes.com/2019/08/14/technology/uber-eats-ghost-kitchens.html?searchResultPosition=3   But this chain, Jimmy John’s, is bucking the trend to use delivery apps like Uber Eats or […]

Restaurant News Roundup, 8/6/19

Pizza Hut to shutter hundreds of locations as it transitions away from dine in restaurants and replaces them with take out and delivery stores.  Read more here:  https://www.restaurantbusinessonline.com/financing/pizza-hut-plans-close-hundreds-us-units   A new survey shows men are eating out less frequently, one reason why restaurant traffic is down over the past two […]

Restaurant News Roundup, 7/17/2019

Chipotle and Shake Shack stocks up by more than 60% so far this year, the two top performers in the restaurant industry where overall stocks are up just 11% because of weak sales and higher labor costs.  Read more here: https://www.restaurantbusinessonline.com/financing/chipotle-shake-shack-lead-restaurant-stocks   Subway is expected to provide franchisees with more than […]

Restaurant News Roundup, 6/18/19

The market for buying up restaurant chains is especially active now…as Jack’s Family Restaurants, among others, are reportedly looking for buyers.  Read more here:  https://www.restaurantbusinessonline.com/financing/lot-restaurant-chains-are-sale-right-now   While the threat of tariffs on Mexican imports has eased, the restaurant industry could be hurt if they are implemented since food costs would […]

Restaurant News Roundup, 5/29/2019

Hourly restaurant workers can now get certified by the National Restaurant Association in a program aimed at helping them move up the career ladder.  Read more about the Association’s ServSuccess progam here: https://www.restaurantbusinessonline.com/topics/restaurant-association-launches-program-keep-employees-industry   Start with a food truck or locate in a mall food court – two of five […]

Restaurant News Roundup, 5/13/19

A survey of restaurant consumers finds they are becoming increasingly concerned over finances, with 49 percent saying they plan to re-allocate their spending to purchases other than going out to eat.  Read more here about the 2019 US Restaurant Outlook Survey: https://www.consulting.us/news/2215/labor-issues-financial-unease-top-restaurant-industry-concerns-in-2019   BBQ chain, Famous Dave, has opened its first […]

Restaurant News Roundup, 4/23/19

As Kona Grill prepares to file for bankruptcy, its problems are not unique – many chains find themselves in dire straits after overaggressive growth.  Read more here: https://www.restaurantbusinessonline.com/financing/kona-grill-its-former-ceo-go-war   A new study says the big rise in California’s minimum wage is hurting the restaurant industry in the state, especially smaller, […]

Restaurant News Roundup, 4/1/2019

Where’s the beef? Burger King tests a flame-grilled, plant-based patty at eateries in the St. Louis area, with plans to later offer it nationwide.  The no-beef item is being called the Impossible Whopper! Read more here:  https://www.apnews.com/Business%20Wire/4b11f2f3db6f4747901ef35792c95779   Survey shows Olive Garden and Outback Steakhouse are tops in customer satisfaction […]

Restaurant News Roundup, 3/12/19

Chipotle has launched a new customer loyalty program, part of a comeback strategy for the Mexican grill chain.  Read more here:  https://www.nrn.com/fast-casual/chipotle-launches-new-loyalty-program   Struggling restaurant chains are becoming more attractive to investors betting on a brand turnaround.  Example: the Rego Restaurant Group which last year bought Quiznos and Taco Del […]

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