Restaurant News Roundup, 12/08/2022
Restaurant industry petition gets enough signatures to postpone California’s FAST act until a 2024 referendum vote. The act would regulate the state’s fast food industry. Read more here: https://www.nrn.com/news/california-fast-act-goes-vote-after-restaurant-industry-petition-gathers-one-million-signatures
With inflation, pandemic-caused bankruptcies, and labor shortages, 2022 has been a challenging year for restaurants. Read more here about how the restaurant industry is coping: https://www.restaurantdive.com/news/the-biggest-factors-shaping-the-restaurant-industry-in-2022/637946/
2022 saw fewer mergers and acquisitions than the year before. This year began with the purchase of the Del Taco chain by Jack in the Box and ends with the announcement by
Dine Brands International of its purchase of Fuzzy’s Taco Shop, a fast casual chain of some 138 restaurants. Read more here: https://www.nrn.com/mergers-acquisitions/20-restaurant-industry-mergers-acquisitions-2022
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