Restaurant News Roundup: 2nd Quarter Sales, Casual Dining Decline, Whole Foods Eateries
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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