Restaurant News Roundup, 12/07/2023

Ghost Kitchens, the pandemic concept that was going to revolutionize the restaurant industry, are going out of business and closing.  Read more here: https://www.cnn.com/2023/12/05/business/ghost-kitchens-were-supposed-to-be-the-future-of-fast-food-theyre-flaming-out/index.html   Wage growth for restaurant workers has slowed dramatically from a high of 10.5% in December 2021 to 4.9% in October 2023.  This according to a […]

Restaurant News Roundup, 11/2/2020

The iconic family dining chain, Friendly’s, has declared bankruptcy after struggling for years.  It will be sold to a company that owns Red Mango, Smoothie Factory and other concepts.  Read more here: https://www.restaurantbusinessonline.com/financing/friendlys-declares-bankruptcy-will-be-sold-owner-red-mango   National Restaurant Association CEO Tom Bené outlines grim prospect for restaurant industry if additional government support.  Read […]

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