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The restaurant industry’s share of the food dollar is now at 51% as more Americans eat out than ever before, according to an overview of the US restaurant business. Read more here: https://articles2.marketrealist.com/2019/09/the-restaurant-industry-an-overview/ Supermarket chain Kroger has opened a food hall in a new store in downtown Cincinnati, in […]
Apps are now the way to go for restaurants. That’s the word from a top executive at Wayback Burgers who says email and social media are just not enough anymore. Read more here: https://www.forbes.com/sites/forbesbusinessdevelopmentcouncil/2019/09/16/restaurant-app-best-practices/#2593c437522a Taco Bell rolls out a vegetarian menu, with 13 meatless options, to meet […]
Food delivery apps are reshaping the $836 billion restaurant industry – as more digital-only establishments are set up to make food for people who want to eat at home. Read more here: https://www.nytimes.com/2019/08/14/technology/uber-eats-ghost-kitchens.html?searchResultPosition=3 But this chain, Jimmy John’s, is bucking the trend to use delivery apps like Uber Eats or […]
Pizza Hut to shutter hundreds of locations as it transitions away from dine in restaurants and replaces them with take out and delivery stores. Read more here: https://www.restaurantbusinessonline.com/financing/pizza-hut-plans-close-hundreds-us-units A new survey shows men are eating out less frequently, one reason why restaurant traffic is down over the past two […]
Chipotle and Shake Shack stocks up by more than 60% so far this year, the two top performers in the restaurant industry where overall stocks are up just 11% because of weak sales and higher labor costs. Read more here: https://www.restaurantbusinessonline.com/financing/chipotle-shake-shack-lead-restaurant-stocks Subway is expected to provide franchisees with more than […]
Hooters of America has been sold – Nord Bay Capital and TriArtisan Capital Advisors now own the more than 438 restaurants in the U.S. and 26 other countries that features servers wearing skin tight shirts and short shorts. Read more here: https://www.restaurantbusinessonline.com/financing/hooters-america-has-been-sold New York Times exposes wrong-doing against […]
The market for buying up restaurant chains is especially active now…as Jack’s Family Restaurants, among others, are reportedly looking for buyers. Read more here: https://www.restaurantbusinessonline.com/financing/lot-restaurant-chains-are-sale-right-now While the threat of tariffs on Mexican imports has eased, the restaurant industry could be hurt if they are implemented since food costs would […]
Hourly restaurant workers can now get certified by the National Restaurant Association in a program aimed at helping them move up the career ladder. Read more about the Association’s ServSuccess progam here: https://www.restaurantbusinessonline.com/topics/restaurant-association-launches-program-keep-employees-industry Start with a food truck or locate in a mall food court – two of five […]
A survey of restaurant consumers finds they are becoming increasingly concerned over finances, with 49 percent saying they plan to re-allocate their spending to purchases other than going out to eat. Read more here about the 2019 US Restaurant Outlook Survey: https://www.consulting.us/news/2215/labor-issues-financial-unease-top-restaurant-industry-concerns-in-2019 BBQ chain, Famous Dave, has opened its first […]
As Kona Grill prepares to file for bankruptcy, its problems are not unique – many chains find themselves in dire straits after overaggressive growth. Read more here: https://www.restaurantbusinessonline.com/financing/kona-grill-its-former-ceo-go-war A new study says the big rise in California’s minimum wage is hurting the restaurant industry in the state, especially smaller, […]
Where’s the beef? Burger King tests a flame-grilled, plant-based patty at eateries in the St. Louis area, with plans to later offer it nationwide. The no-beef item is being called the Impossible Whopper! Read more here: https://www.apnews.com/Business%20Wire/4b11f2f3db6f4747901ef35792c95779 Survey shows Olive Garden and Outback Steakhouse are tops in customer satisfaction […]
Chipotle has launched a new customer loyalty program, part of a comeback strategy for the Mexican grill chain. Read more here: https://www.nrn.com/fast-casual/chipotle-launches-new-loyalty-program Struggling restaurant chains are becoming more attractive to investors betting on a brand turnaround. Example: the Rego Restaurant Group which last year bought Quiznos and Taco Del […]
Wendy’s works with NexGen Consortium to advance sustainable packaging solutions to replace single-use packaging waste. Read more here: https://www.qsrmagazine.com/news/wendys-looks-advance-sustainable-packaging Papa John’s has teamed up with Purdue University Global to offer free tuition to employees who sign up for the online degree program. The pizza chain employees can pursue degrees […]
Thirteen mega-companies control dozens of popular chains, including Burger King, Taco Bell and Olive Garden. Read more here: https://www.businessinsider.com/companies-that-control-the-restaurant-industry-2019-1 Delivery-Only restaurants are surging because of low overhead costs when starting this kind of eatery business. Read more here: https://www.forbes.com/sites/lanabandoim/2019/01/28/how-ghost-restaurants-are-changing-the-restaurant-business-model/#54e46a7f41d7 The wave of baby boomer retirements is affecting the restaurant […]
Latest federal jobs report says the restaurant industry added almost 41,000 jobs last month, bringing the number hired in 2018 to more than 235,000. Read more here: https://www.restaurantbusinessonline.com/financing/restaurants-added-41000-jobs-last-month Carl’s Jr. offers non-meat burger at 1100 of its eateries, an experiment that will last through the end of this month. […]
Despite discounted offers, such as Burger King’s 10-piece chicken nugget deal for $1, prices for fast food chain menu items are on the rise. Read more here: https://www.today.com/food/despite-1-deals-fast-food-getting-pricier-here-s-why-t144520 For the sixth straight month, same-store sales at chain restaurants rose 1% in November. But while same-store takeout sales are up […]
Rise of on-line shopping is hurting foot traffic in malls – the location where many traditional bar and grill chains emerged in the 1980’s & 90’s. Now, these chains are closing their doors as on-line shopping grows ever more popular, reducing the number of mall shoppers. Read more here: https://www.restaurantbusinessonline.com/financing/mall-traffic-still-problem […]
Updated as of October 3rd, 2016 Let's face it we all know recruiting can be challenging. You need all the help and resources you can get. That's why I...
This article outlines 33 restaurant recruiting tools for restaurants, hospitality and hotels. This article is based on what our clients use, our team of recru...
I’ve wanted to write about the topic of job advertisements for some time now. It’s played such a HUGE role at RZ with achieving BIG TIME candidate results. I’...
Many times I hear questions from recruiters, how can I get job seekers to reply? I had several interesting conversations last week with various clients - a co...
Let's face it. Hiring can be really tough! Especially in the restaurant/hospitality industry. High turnover rates. Tough to fill roles. New ...
While 2024 saw bankruptcies, rising labor costs and other headwinds for restaurants, some like Chipotle and Cava, had a good y...
President-elect Trump's plan for mass deportations, which he most recently outlined in a network television interview this pas...
We have selected only the most up-to-date restaurant news to save you time and keep you informed. Subscribe to our blog to get fir...
Restaurant owners can expect lower corporate taxes, fewer regulations and ending taxes on gratuities for tipped workers under ...
TGI Fridays is undergoing a wave of closures with six location shutdowns just in the past week. The fast-casual chain, which ...
