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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 […]
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 […]
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 […]
In today’s article we detail how to attract, identify and cultivate the best restaurant manager for your organization. Which is increasingly important in the current environment we’re in. This 2019 alone, we’ve seen countless articles naming this year the most severe labor shortages in decades for restaurants and hospitality. Employee […]
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 33 restaurant recruiting tools for restaurants, hospitality and hotels. This article is based on what our clients use, our team of recru...
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...
The latest federal jobs reports shows the restaurant industry continues to hire workers at a stable clip despite some signs of...
Red Lobster is closing 23 more restaurants across the country by the end of this month as the chain seeks to cut costs amid it...
While restaurant prices continued to outpace grocery prices last month, the increase has slowed according to the latest CPI re...
Latest U.S. jobs report shows restaurants and bars added more than 19,000 jobs last month. Read more here: https://www.nrn.co...
Let's face it. Hiring can be really tough! Especially in the restaurant/hospitality industry. High turnover ra...
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"...