Restaurant News Roundup: 11/26/2018
Rise of on-line shopping is hurting foot traffic in malls – the location where many traditional bar and grill chains emerged in the 1980’s & 90’s. Now, these chains are closing their doors as on-line shopping grows ever more popular, reducing the number of mall shoppers. Read more here: https://www.restaurantbusinessonline.com/financing/mall-traffic-still-problem
US remains the largest restaurant market in the world, according to new data and analysis, and is home to 62 of the largest 150 global restaurant chains. That’s the most of any nation by far. Read more here: https://www.restaurantbusinessonline.com/leadership/us-still-global-restaurant-leader
Restaurants add more than 30,000 jobs in October, a boost that brings the overall number of people hired by restaurants this year to over 200-thousand. Read more here: https://www.restaurantbusinessonline.com/financing/restaurants-add-33500-jobs-october
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