Restaurant News Roundup, 09/23/2022

Traffic is down at Olive Garden restaurants compared to pre-Covid levels, as rising inflation causes some of the chain’s lower-income customers to stay away.  Read more here: https://www.restaurantbusinessonline.com/financing/lower-income-guests-are-pulling-back-olive-garden   With restaurants facing a continuing labor shortage, some are turning to robotics for help.  Meet Flippy, a robot cooking up fries at […]

Restaurant News Roundup, 09/06/2022

The National Restaurant Association vows to fight new California law establishing a council to set wages and conditions for the state’s fast food sector.  Labor supports the law but industry groups are opposed.  Read more here: https://www.restaurantdive.com/news/newsom-signs-fast-food-council-bill-AB257/631232/   Latest government statistics shows restaurants and bars slowed their hiring in August. […]

Restaurant News Roundup 08/22/2022

Restaurants’ breakfast business is booming after taking a hit during the pandemic.  Read more here: https://www.forbes.com/sites/aliciakelso/2022/08/11/after-taking-a-hit-during-the-pandemic-restaurants-breakfast-business-is-coming-back-with-velocity/?sh=25652cefed17   A new survey by the National Restaurant Association finds that most restaurant owners have increased menu prices in recent months to offset higher food, beverage and labor costs.  Almost half of those surveyed […]

Restaurant News Roundup, 08/02/2022

A survey shows consumers are more likely to cut spending on clothes and travel instead of eating out at restaurants.  Read more here: https://www.restaurantdive.com/news/consumers-spend-40-percent-of-food-budget-on-restaurants-despite-inflation/627327/   Chipotle launches training program focused on the basics of operations – called “Project Square One” – to serve more meals to customers as sales increased […]

Restaurant News Roundup, 7/21/2022

Restaurant customers mention short staffing three times more often in their Yelp reviews so far this year compared to a year ago, according to Yelp.  Read more here about how the labor shortage is affecting both restaurants and customers: https://www.cnbc.com/2022/07/17/customer-service-suffers-at-short-staffed-restaurants-as-covid-takes-toll.html   Sustainable restaurant practices such as local sourcing of food […]

Restaurant News Roundup, 07/05/2022

The move toward unionization in the restaurant industry is gaining momentum, largely because wages are not keeping up with inflation say some experts.  Read more here: https://www.nrn.com/workforce/restaurant-industry-union-movement-gaining-momentum-here-s-what-expect   California Pizza Kitchen, Logan’s Roadhouse and Friendly’s are among the chains making a comeback after declaring bankruptcy.  Read more here: https://www.eatthis.com/news-restaurant-chains-making-biggest-comebacks-after-bankruptcy/   […]

Restaurant News Roundup, 06/23/2022

Workers at a Chipotle Mexican Grill location in Augusta, Maine, have filed a petition to hold a union election – becoming the first outlet in the burrito restaurant chain to join the union organizing movement sweeping across the restaurant industry.  Read more here: https://www.cnbc.com/2022/06/23/chipotle-restaurant-in-maine-files-petition-for-union-election-.html   Quarterly earnings by Darden Restaurants […]

Restaurant News Roundup, 06/04/2022

Restaurant and bars added just over 46,000 jobs in May, according to the U.S. Labor Department, continuing a run of steady hiring for the industry.  Read more here: https://www.restaurantbusinessonline.com/financing/restaurants-continued-adding-jobs-may   America’s last surviving Howard Johnson’s restaurant has closed.  The chain once had more than one-thousand restaurants but the last one, in […]

Restaurant News Roundup, 05/09/2022

Big chains like Chipotle are faring much better than small restaurants or independents in the wake of the pandemic’s fallout.  Easier access to money is one main reason.  Read more here: https://www.cnn.com/2022/04/30/business-food/restaurant-chains-pandemic/index.html   As chains like KFC and Taco Bell take over the restaurant industry, the National Restaurant Association calls […]

Restaurant News Roundup, 04/25/2022

Chipotle has formed a new venture to invest in restaurant startups. The venture, Cultivate Next, will have $50 million to invest in early-stage companies that are in line with Chipotle’s “strategic priorities.” Read more here: https://www.bizjournals.com/losangeles/inno/stories/news/2022/04/19/chipotle-forms-venture-fund-restaurant-industry.html   A path toward automation for restaurants is laid out by an industry veteran. […]

Restaurant News Roundup, 04/08/2022

Denny’s CEO to retire later this year, the latest in at least nine major restaurant CEO changes in the last eight months.  Read more here: https://www.restaurantdive.com/news/dennys-ceo-retiring-after-11-years/621817/   Fully embracing technology, upgrading delivery services – these are among the trends in the restaurant business that are likely to continue in the […]

Top 10 Careers In The Hospitality Industry For 2022

  The hospitality industry is one of the largest and most diverse industries globally, and it encompasses many jobs, from hotel managers to event planners to casino dealers. The hospitality industry is fast-growing and expected to grow by 22% in 2022. If you are looking for a career that offers […]

Restaurant News Roundup, 03/08/2022

  McDonald’s and Starbucks are shutting their restaurants and cafes in Russia in response to Russia’s invasion of Ukraine. They are the latest businesses to join the move to sanction Moscow for its aggression.  Read more here: https://www.cnn.com/2022/03/08/business/mcdonalds-pepsi-coke-russia/index.html   KFC owner Yum Brands is another American business pausing its Russia […]

Restaurant News Roundup, 02/18/2022

Biden administration officials are reported to be deeply skeptical of adding more money for the restaurant industry as they work with Congress to draft what could be the last parcel of government pandemic aid.  Read more here: https://www.politico.com/news/2022/02/18/the-white-house-throws-cold-water-on-a-restaurant-industry-bailout-00009940   CEO of high-end restaurant group says normalcy for his business in […]

Restaurant News Roundup, 01/31/2022

Ponderosa, Ruby Tuesday and Boston Market are among over half a dozen restaurant chains that have seen declining sales and closed scores of outlets as they continue to struggle with changing consumer behavior in the wake of the pandemic.  Read more here: https://www.eatthis.com/news-restaurant-chains-shrinking/   Restaurant owners are offering shorter workweeks, […]

Restaurant News Roundup, 01/11/2022

The sports bar chain, Wings and Rings, says it will accept bitcoin to sell a franchise – possibly the first restaurant chain offering to sell franchises for cryptocurrency.  Read more here: https://www.restaurantbusinessonline.com/financing/why-wings-rings-accepting-bitcoin-franchisees   Chipotle ramps up its technology capabilities to monitor its supplies, food item preparations and even streamlining its […]

Restaurant News Roundup, 12/30/2021

Steakhouse chains such as the Capital Grille and Ruth’s Chris are among the restaurant industry winners in 2021, having survived the pandemic disruption in 2020 to emerge on top as this year comes to an end.  Other winners: Chipotle.  Read more here: https://www.restaurantbusinessonline.com/operations/restaurant-industrys-biggest-winners-2021   Fat Brands bought four restaurant chains […]

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