Restaurant News Roundup 08/22/2022
Restaurants’ breakfast business is booming after taking a hit during the pandemic. Read more here: https://www.forbes.com/sites/aliciakelso/2022/08/11/after-taking-a-hit-during-the-pandemic-restaurants-breakfast-business-is-coming-back-with-velocity/?sh=25652cefed17
A new survey by the National Restaurant Association finds that most restaurant owners have increased menu prices in recent months to offset higher food, beverage and labor costs. Almost half of those surveyed say business conditions are worse now than three months ago. Read more here: https://restaurant.org/getmedia/825eb835-9b4f-4a7c-a2fc-ef73c9f4b766/Resturant-Business-Conditions-Survey-Key-Findings-Aug-2022.pdf
McDonald’s adds three top executives to its board of directors in a shake-up following the retirement of Sheila Penrose. Read more here: https://www.cnbc.com/2022/08/22/mcdonalds-board-adds-three-new-directors-in-shakeup-.html
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