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Restaurant News Roundup, 9/8/18

As the competition for labor intensifies in this booming economy, the quality of service at restaurants and other business is declining. Read more here:  https://www.washingtonpost.com/business/economy/how-do-you-know-the-economy-is-great-customer-service-is-terrible/2018/09/03/7b016998-a560-11e8-a656-943eefab5daf_story.html?utm_term=.30861383be2f Real Mex Restaurants, which filed for bankruptcy last month, is an example of an increasingly common phenomenon: struggling restaurant chains look to buy other struggling […]

Latest Restaurant News September 8, 2018

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Restaurant News Roundup, 8/20/18

Restaurant companies fail to make Forbes’ top ten ranking as best employers for women, though Five Guys and Caribou did make the top 100 list.  Read more here: https://www.restaurantbusinessonline.com/workforce/which-restaurant-chains-are-best-female-employees McDonald’s launches $6 billion modernization plan to include digital ordering kiosks and digital menu boards. Read more here: https://www.foxbusiness.com/economy/mcdonalds-details-6-billion-us-restaurant-modernization National Restaurant Association commits […]

Latest Restaurant News August 20, 2018

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Restaurant News Roundup: 07/16/2018

More people are deciding to stay home and order food in as studies show food deliveries are up 10%, causing restaurants to change the way they do business.  Read more here: https://www.cbsnews.com/news/how-a-rise-in-food-deliveries-is-changing-the-restaurant-industry-and-what-is-served/   Ten years after the Great Recession, the restaurant business has changed in a number of ways – including […]

Latest Restaurant News July 14, 2018

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Restaurant News Roundup: 1st Quarter Sales, Millennial Families, & Bourdain Impact

Quick serve, fast casual, casual and pizza restaurants all saw increases in same-store sales in the first quarter of 2018, according to this analysis.  Read more here:  https://www.fastcasual.com/blogs/the-counter-restaurant-industry-scorecard-for-q1-2018/ As millennials become parents, family-friendly chains and concepts are likely to benefit. Chick-fil-A and Cicis are among those that could emerge as […]

Latest Restaurant News June 30, 2018

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Restaurant News Roundup: Sustainability, Wage Hikes, Robots

Efforts to achieve greater sustainability and reduce waste are being adopted at Dunkin’ Donuts, Red Lobster, Chipotle, and other eateries.  Read more here: https://www.smartbrief.com/original/2018/05/how-sustainability-trends-are-changing-way-restaurants-do-business   Chick-fil-A restaurant in Sacramento moves to raise employee pay from $12 to $13 an hour to $17 to $18 an hour, with the aim, says the […]

Latest Restaurant News May 31, 2018

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Restaurant News Roundup: Endangered Chains, Labor Shortage, Subway Struggles

  Rising labor costs, changing millennial preferences are crippling restaurant chains like TGI Fridays, Applebee’s, Buffalo Wild Wings and Chili’s.  Those concepts appeal to baby boomers, according to the Business Insider, but for millennials…..not so much.  Read more here: http://www.businessinsider.com/fast-food-heading-for-crisis-2018-5 A shortage of teenage workers is hurting the fast food industry. […]

Latest Restaurant News May 5, 2018

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Restaurant News Roundup: Keeping Workers, Sales Up & Marijuana

With low profit margins leaving little room to raise pay, restaurants are offering incentives, including flexible schedules and faster advancement up the ranks, to keep workers in an increasingly tight labor market. Read more here: https://www.nytimes.com/2018/04/05/dining/labor-shortage-restaurants-employment.html Restaurant sales rebounded in March, offsetting disappointing results from January and February.  Read more here: […]

Latest Restaurant News April 14, 2018

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Restaurant News Roundup: Mobile Tech, Employee Privacy & Hot Stock

Restaurants take lead in using mobile technologies to boost business.  Read more here:  https://www.modernrestaurantmanagement.com/restaurants-outpace-other-industries-investing-in-mobile-technologies-in-2018/   How restaurant owners can avoid privacy breaches of their employees.  Read more here:  https://www.fastcasual.com/blogs/how-to-avoid-5-restaurant-employee-privacy-breaches/   Restaurant Brands International, parent company of Burger King among others, is a hot stock to hold for dividends.  Read more […]

Business Posts, Latest Restaurant News March 13, 2018

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Restaurant News Roundup: Win for 3 Chains, Restaurant Pitfalls & Grubhub Map Launch

Texas Roadhouse, Darden Restaurants and McDonald’s are growing despite the two-year downturn of negative same-store sales that has affected other eateries.  Find out why here: https://www.foxbusiness.com/markets/3-chains-that-are-defying-the-restaurant-recession   Thinking of opening a restaurant?  Check out this list of non-so-obvious pitfalls to avoid: https://www.modernrestaurantmanagement.com/some-not-so-obvious-mistakes-restaurants-make/   Grubhub launches map of women-led restaurants across the US […]

Latest Restaurant News February 26, 2018

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Restaurant News Roundup: Tip Controversy, Delivery Apps, & Tax Deductions

The Labor Department is considering a proposal giving restaurant owners more control over their workers’ tips to be used for essentially any purpose.  Critics say it’s a bad idea.  Read more here: https://www.nytimes.com/2018/02/04/business/economy/tips-rule.html   Restaurant deliveries, once dominated by  a booming new source of revenue for eateries, but there’s a dark […]

Latest Restaurant News February 5, 2018

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Restaurant News Roundup: Tips, Minimum Wage Impact, Shrinking Menus

Calls mount to keep the tip credit for restaurants following plans by New York Governor Andrew Cuomo to hold hearings to eliminate it.  The argument to keep the credit: it helps restaurants reduce their direct labor costs and survive in a very competitive environment.  Read more here: https://www.forbes.com/sites/andrewrigie/2018/01/15/why-nyc-restaurants-need-the-tip-credit/#507504277b09   CEO […]

Latest Restaurant News January 15, 2018

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Restaurant News Roundup: Dark Clouds at Subway & Papa John’s, Trump Tax Bill Praised

  Subway reported to be in serious trouble as over 900 of its sandwich stores close in 2017 because of changing consumer tastes.  Read more here: http://www.businessinsider.com/subways-closes-stores-spirals-downwards-2017-12   Papa John’s stock price continues to drop despite the outspoken founder’s decision to step down in the wake of the NFL controversy.  Read […]

Latest Restaurant News December 23, 2017

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Restaurant News Roundup: LTO’s, Eatsa Shutdowns, Sexual Harassment

Fast food eateries use LTO’s (Limited Time Offers) on gimmicky foods, like Mac n’ Cheetos, to boost profits.  Read more here:  https://www.usatoday.com/story/money/2017/10/30/5-items-fast-food-restaurants-secretly-want-you-buy/806366001/ Eatsa, the Fully-automated restaurant, shuts down some of its key locations, including New York & Washington.  Despite much fanfare, the eatery did not catch on with diners.  Read […]

Latest Restaurant News October 31, 2017

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Restaurant News Roundup, Casual Dining Struggles; Delivery Apps; Training Line Cooks

Chili’s, Cheesecake Factory and other mid-priced restaurant chains are struggling to find their way back to growth.  Read more here: http://www.latimes.com/business/la-fi-agenda-casual-dining-20170918-story.html   The food delivery business is expanding rapidly, especially with the advent of delivery apps like Seamless, UberEats and Caviar, forcing many restaurants that rely on delivery orders to […]

Latest Restaurant News September 19, 2017

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Restaurant News Roundup: Applebee’s, Millennials & Applebee’s, Dishwashers

Applebee’s may close over 130 restaurants that have performed poorly in coming months, though the chain’s parent company also says it plans to open several dozen new eateries across the globe.  Read more here. With the news of Applebee’s closing restaurants comes a change in strategy as the restaurant chain […]

Business Posts, Latest Restaurant News August 15, 2017

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Restaurant News Roundup: Blaze Pizza, Hospitality Training & Reservation Software

  Blaze Pizza – the build-your-own pizza concept – now has 200 locations, making the Le Bron James backed chain the fastest growing in the history of food service, according to Forbes magazine.  Read more here…   Hotels and restaurants are running training programs for managers and staff to improve […]

Latest Restaurant News July 11, 2017

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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 […]

Latest Restaurant News June 5, 2017

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