Restaurant News Roundup: 2nd Quarter Sales, Casual Dining Decline, Whole Foods Eateries
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Wall Street analysts say restaurant sales are up in the second quarter, helped by boost in the fast food industry, especially burgers. Read more here: http://www.cnbc.com/2017/06/05/restaurant-sales-gain-ground-in-second-quarter-big-boost-in-burgers.html
Millennials have abandoned casual dining eateries like Applebee’s and Ruby Tuesday, causing sales to slump and dozens of restaurants to close. Read more here: http://www.businessinsider.com/millennials-endanger-casual-dining-restaurants-2017-5
Whole Foods continues to expand its food offerings to include full-service restaurants, opening up more than two dozen in recent months. Read more here: https://www.fool.com/investing/2017/05/26/whole-foods-is-going-into-the-restaurant-business.aspx
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