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 coffee giant. Read more here: https://www.foxbusiness.com/lifestyle/starbucks-ceo-ousted-what-brian-niccol-faces-new-top-boss
Economists say the election year campaign proposals to eliminate federal taxes on tips won’t do much to help service and hospitality workers. Read more in this analysis: https://www.washingtonpost.com/business/2024/08/13/trump-harris-tax-free-tips/
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