Restaurant News Roundup, 8/20/2019

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 […]

Restaurant News Roundup, 4/23/19

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, […]

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 […]

Restaurant News Roundup: Mexican Food, Chef Owners, Minimum Wage Impact

Mexican restaurants are now the second-most popular menu type in the U.S., according to a foodservice data aggregator, edging out pizzerias for the number two spot.  Read more here: https://www.fb101.com/2017/04/mexican-restaurant-industry-second-popular-menu-type-usa/   Restaurant owners who are also their establishment’s chefs say it would be beneficial to get a lesson in finances before […]

Restaurant News Roundup: Applebee’s, Big-Name Chefs, Surcharges

Applebee’s parent company is closing up to 60 restaurants as the chain suffers from an industry-wide slowdown that some analysts fear could be the start of a restaurant recession. http://www.businessinsider.com/applebees-restaurants-are-disappearing-across-the-us-2017-3 Boutique hotels signing up big-name chefs as a way to gain recognition. Read more here: https://www.nytimes.com/2017/03/07/dining/hotels-restaurants-big-name-chefs.html?_r=0 Restaurants imposing surcharges to offset […]

Restaurant News Roundup, 11/20/2016

Restaurant company stocks are up since the election of Donald Trump, with chains like Papa John’s and Domino’s soaring high.  Read more here: http://nrn.com/blog/restaurants-ride-trump-rally   Mixed reaction in the restaurant industry to Trump’s election victory, though most agree that an increase in the federal minimum wage is unlikely in a […]

Restaurant News Roundup, 1/13/16

Chipotle vows to win back the trust of its customers following a multi-state E.coli outbreak, telling financial analysts it expects a full recovery in its profits by 2017. Read more here: http://www.bloomberg.com/news/articles/2016-01-13/chipotle-jumps-after-chain-tells-analysts-it-can-regain-luster Morgan Stanley forecasts huge growth for Restaurant Brands International, parent company of Burger King and Tim Hortons. Read […]

Restaurant News Roundup, 12/19/15

Article details ten marketing ideas to jump-start your restaurant business. Among them: build an elegant, simple website. Read more here: http://www.fastcasual.com/articles/10-fresh-restaurant-marketing-ideas-for-2016/ The National Restaurant Association continues its fight against the New York State law to raise the minimum wage for certain fast food workers. Read more here: http://newyork.cbslocal.com/2015/12/18/fast-food-minimum-wage-2/ Papa John’s […]

Restaurant News Roundup, 7/31/15

Restaurant Performance Index, which tracks outlook for US restaurant industry, declines for second consecutive month in June, reflecting dampened optimism by restaurant owners – despite expansion in some key indicators. Read more here: http://www.prnewswire.com/news-releases/dampened-outlook-causes-restaurant-performance-index-decline-in-june-300121916.html Although the restaurant industry is growing overall, some parts of the industry are being cannibalized by […]

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