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Restaurant News Roundup, 7/31/16

Latest Restaurant News July 31, 2016

Can Pokemon Go drive restaurant traffic? An article citing social media reports says players are choosing restaurants based on the availability of the virtual reality Pokemon characters. Read more here: http://www.businessinsider.com/pokemon-go-is-impacting-restaurant-strategy-2016-7

Some New York City pizzerias cash in on the Pokemon Go craze. Read more here: http://nypost.com/2016/07/12/pokemania-runs-wild-through-city-causing-crime-accidents/

Chipotle continues to struggle, as its second quarter average unit volume shows a significant decline from a year ago. Read more here: http://www.restfinance.com/Restaurant-Finance-Across-America/July-2016/Volume-and-Margin-Hits-Chipotles-Development-Model/

A Park Avenue apartment building, New York City’s tallest and fanciest, will have its own restaurant run by a Michelin-starred chef. Read more here: http://www.businessinsider.com/shaun-hergatt-opens-midtown-restaurant-2016-7

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