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Restaurant News Roundup, 12/20/2024

While 2024 saw bankruptcies, rising labor costs and other headwinds for restaurants, some like Chipotle and Cava, had a good year.  Read more here: https://www.restaurantdive.com/news/restaurant-winners-losers-2024/735701/   More shopping malls are becoming home to restaurants as landlords are devoting more square footage to eateries and bars.  Read more here: https://www.cnbc.com/2024/12/19/mall-restaurants-like-cheesecake-factory-eataly-help-to-draw-shoppers.html   Door […]

Latest Restaurant News December 20, 2024

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Restaurant News Roundup, 12/10/2024

President-elect Trump’s plan for mass deportations, which he most recently outlined in a network television interview this past Sunday, could hurt restaurants, farmers and other industries that rely on immigrant workers, according to experts. Read more here: https://www.axios.com/local/chicago/2024/12/10/immigrants-deportations-food-industry-restaurants   A new survey says tips as a share of income for […]

Latest Restaurant News December 10, 2024

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Restaurant news

Restaurant News Roundup

We have selected only the most up-to-date restaurant news to save you time and keep you informed. Subscribe to our blog to get first-hand news and useful articles.   Restaurant News Roundup, 11/22/2024 Restaurant executives are looking forward to 2025 after a year of slow sales and soaring bankruptcies.  Read […]

Latest Restaurant News November 28, 2024

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Restaurant New Roundup, 11/08/2024

Restaurant owners can expect lower corporate taxes, fewer regulations and ending taxes on gratuities for tipped workers under a Trump 2.0 administration when it takes office in January.  Read more here: https://www.nrn.com/news/how-2024-election-results-will-impact-restaurant-industry   Sit-down restaurant chains like TGI Fridays and Hooters are struggling as inflation-weary customers are increasingly unwilling to […]

Latest Restaurant News November 8, 2024

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Restaurant New Roundup, 10/16/2024

TGI Fridays is undergoing a wave of closures with six location shutdowns just in the past week.  The fast-casual chain, which started out as a singles bar in New York in 1965, has been struggling for years because of shifting customer demand.  Read more here:  https://www.restaurantbusinessonline.com/financing/tgi-fridays-closes-more-us-restaurants-troubles-continue   It’s becoming clear […]

Latest Restaurant News October 16, 2024

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Restaurant News Roundup, 10/04/2024

Hiring at restaurants and bars took off last month, according to the latest report by the U.S. Department of Labor.  With almost 70,000 jobs added, more than one in four workers hired in September filled positions at a restaurant or bar.  Read more here: https://www.restaurantbusinessonline.com/workforce/restaurant-job-growth-took-last-month   Red Lobster’s new CEO, […]

Latest Restaurant News October 4, 2024

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Restaurant News Roundup, 09/20/2024

A Gallup survey says American’s opinions of the restaurant industry has declined this year to its lowest point since 2008 but still remains much higher than how Americans view grocers. Read more here: https://www.restaurantbusinessonline.com/consumer-trends/americans-view-restaurants-has-tumbled-year   Instead of being a job killer, McDonald’s touchscreen kiosks preserve jobs by increasing sales and […]

Latest Restaurant News September 20, 2024

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Restaurant News Roundup, 09/06/2024

The latest federal jobs reports shows the restaurant industry continues to hire workers at a stable clip despite some signs of worsening economic conditions.  Friday’s U.S. Labor Department report says restaurants and bars added almost three thousand jobs in August.  Read more here: https://www.restaurantbusinessonline.com/workforce/restaurant-hiring-held-steady-august-providing-rare-spot-good-macro-news   Despite Friday’s positive jobs report, […]

Latest Restaurant News September 6, 2024

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Restaurant News Roundup, 08/28/2024

Red Lobster is closing 23 more restaurants across the country by the end of this month as the chain seeks to cut costs amid its Chapter 11 bankruptcy process.  The Orlando-based seafood chain, which has already shut down some 100 locations, filed for bankruptcy protection in May.  Read more here: […]

Latest Restaurant News August 28, 2024

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Restaurant News Roundup, 08/14/2024

While restaurant prices continued to outpace grocery prices last month, the increase has slowed according to the latest CPI report by the U.S. Bureau of Labor Statistics.  Read more here: https://www.nrn.com/finance/restaurant-menu-prices-decelerate-continue-outpace-grocery-prices   The new incoming CEO of Starbucks, Brian Niccol, has a short time window to turn around the faltering […]

Latest Restaurant News August 14, 2024

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Restaurant News Roundup, 08/03/2024

Latest U.S. jobs report shows restaurants and bars added more than 19,000 jobs last month.  Read more here: https://www.nrn.com/node/434208   Taco Bell is expanding the use of voice-activated AI in the drive-thru to hundreds of its restaurants around the country. Taco Bell has been working on the technology for the past […]

Latest Restaurant News August 3, 2024

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Restaurant News Roundup, 07/22/2024

McDonald’s plans to extend its $5 meal deal through next month.  Introduced in late June, the company says the deal is meeting its objective of driving more customers to its stores.  Read more here: https://www.foxbusiness.com/markets/mcdonalds-extend-5-meal-deal-most-us-restaurants   Inflation, rising labor costs and consumers with less disposable income are among the challenges […]

Latest Restaurant News July 22, 2024

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Restaurant News Roundup, 07/10/2024

New research shows 9 of 10 tipped restaurant employees in eight states want to keep their current compensation model instead of getting a higher wage.  The survey indicates they fear their earnings would drop if they could not receive tips.  Read more here: https://www.restaurantbusinessonline.com/workforce/servers-dont-want-lose-tip-credit-new-research-shows   Some California fast food franchisees […]

Latest Restaurant News July 10, 2024

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Restaurant News Roundup, 06/23/2024

Restaurant owners are expected to add more than half a million summer jobs this year, according to a forecast by the National Restaurant Association.  Read more here:  https://totalfood.com/restaurant-industry-projected-add-525000-summer-jobs/   While some major restaurant chains are experiencing slower sales, others such as Chick-fil-A and Jersey Mike’s are booming in popularity.  Find […]

Latest Restaurant News June 23, 2024

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Restaurant News Roundup, 06/04/2024

Taco John’s, a Mexican fast-food chain, plans to use AI to handle drive-thru orders at its more than 350 franchised restaurants following a successful experiment at a location in Minnesota.  Taco John’s joins other fast food chains such as Wendy’s, Checkers and Hardee’s testing the new technology.  Read more here: […]

Latest Restaurant News June 4, 2024

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Restaurant News Roundup, 05/21/2024

Red Lobster has filed for bankruptcy and closed almost 90 stores across 27 states.  Read more here: https://www.usatoday.com/story/money/food/2024/05/20/red-lobster-bankruptcy-locations-closing/73772169007/   Staffing, AI, and sustainability are among the highlighted topics at this year’s National Restaurant Association Show in Chicago.  Read more here: https://www.restaurant-hospitality.com/staffing/4-takeaways-2024-national-restaurant-association-show   Wow Bao’s steamed bun concept finds success in […]

Latest Restaurant News May 21, 2024

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Restaurant News Roundup, 05/03/2024

Restaurant employment had modest gains in April, adding some 28,000 jobs according to the latest report by the Bureau of Labor Statistics.  Read more here: https://www.nrn.com/consumer-trends/restaurant-industry-jobs-growth-slows-april-unemployment-rate-rises   The long-predicted consumer pullback seems to have arrived as chains such as Starbucks, KFC and Pizza Hut are reporting shrinking same-store sales.  Read […]

Latest Restaurant News May 3, 2024

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