Restaurant News Roundup, 07/12/2023

With diners eating out less because of inflation, fast casual and QSRs (Quick Service Restaurants) are faring better with lower-priced menus.  Read more here: https://www.qsrweb.com/articles/inflation-exposes-gaps-in-restaurant-loyalty-physical-experience/   More restaurants across the U.S. are tacking on fees or surcharges to bills to combat higher costs. Upcharging diners beyond the prices stated on […]

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, 11/2/16

Moody’s predicts it will be harder for restaurants especially fast casual eateries like Applebee’s to increase earnings over the next year, downgrading its outlook for the restaurant industry to “stable” from “positive” in its latest report.  Read more here: http://blogs.barrons.com/incomeinvesting/2016/11/02/moodys-lowers-its-outlook-on-restaurant-industry/ Celebrity chef Anthony Bourdain calls for providing a living wage […]

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