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 […]

How To Hire A Quality Chef?

The food world is expanding and evolving more than ever, with chefs emerging as the new celebrities of the industry from TV shows to social media. It seems like everyone wants a piece of this fascinating group. If you are an aspiring restaurateur or just looking for some fresh ideas […]

Restaurant News Roundup, 11/26/2021

Crackel Barrel has been active in developing its to-go business, with takeout and delivery now accounting for 20% of its revenues.  Read more here: https://www.restaurantbusinessonline.com/operations/cracker-barrel-has-high-hopes-its-delivery-business   Virtual restaurants took off during the pandemic by offering highly popular offerings such as wings, pizza and burgers.  But what is the future of […]

Restaurant News Roundup, 11/06/2021

New US Labor Department numbers show restaurants and hotels hired 164,000 workers in October, nearly twice as many as the 88,000 hired in September – a sign of strong hiring in the hospitality industry mirroring an upswing in the nation as a whole.  Read more here: https://www.restaurantbusinessonline.com/workforce/restaurant-hiring-leaps-october   Restaurant companies with […]

Restaurant News Roundup, 10/10/2021

The latest job numbers show restaurants and bars added just 29,000 jobs in September, a far lower number than the average monthly gain of 197,000 jobs from January to July.  The sharp decline is worrying the restaurant industry.  Read more here: https://www.washingtonpost.com/business/2021/10/08/restaurant-job-growth-slows/   A national food chain mobilizes its corporate […]

Restaurant News Roundup, 09/19/2021

The fast-food industry struggles to find enough workers, even as customers return.  The main problem: low wages.  Read more here: https://www.washingtonpost.com/business/2021/09/17/fast-food-labor-shortage/   New York restaurant CEO calls on Congress to replenish the Restaurant Revitalization Fund, saying “independent restaurants don’t stand a chance” without more government help.  Read more here: https://finance.yahoo.com/news/the-government-needs-to-step-up-and-replenish-the-restaurant-recovery-fund-161700495.html   […]

Restaurant News Roundup, 09/02/2021

Restaurant and food service industry sales expected to jump nearly 20% this year but restaurant owners say hiring remains difficult and worry that the spread of the delta variant could stall a recovery.  Read more here: https://www.cnbc.com/2021/08/31/restaurant-owners-say-hiring-is-becoming-an-increasing-challenge-.html   Hourly restaurant workers say disrespect from customers is a big factor in […]

Restaurant News Roundup, 08/07/2021

More restaurants and bars are imposing vaccine mandates.  Move is aimed to keep employees safe as the Covid-19 delta variant spreads among the unvaccinated.  Read more here: https://thehill.com/policy/finance/566791-bars-restaurants-move-to-impose-vaccine-mandates   How restaurants and bars in Provincetown, Massachusetts are coping with the aftermath of a delta variant outbreak.  Read more here: https://boston.eater.com/22605934/provincetown-bars-restaurants-covid-19-delta-outbreak-july-recovery-masks   […]

Restaurant News Roundup, 07/08/2021

Higher labor and food costs putting pressure on restaurants coping with already thin margins.  Read more here: https://www.washingtontimes.com/news/2021/jul/7/for-the-restaurant-industry-inflation-is-a-recipe-/   While total sales at restaurants are climbing and almost back to pre-pandemic levels, restaurant employment still lags.  Read more here: https://qz.com/2024911/us-restaurant-sales-are-booming-but-employment-continues-to-lag/   Customer service jobs in health care and other fields […]

Restaurant News Roundup, 06/14/2021

Rising food costs, especially for beef and chicken, impacting restaurants, forcing diners to pay more for a meal.  Read more here: https://www.foxbusiness.com/features/diners-expect-menu-subsitutions-restaurants-costs-rise   Doubling wages to $15 an hour plus tips boosts job applications at restaurants having difficulty staffing up.  Some owners relate their experiences in this article here: https://www.washingtonpost.com/business/2021/06/10/worker-shortage-raising-wages/   […]

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