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, 11/07/2023

Restaurants lose thousands of jobs in October, another indication that the restaurant industry still hasn’t recovered from the pandemic.  Read more here: https://www.tastingtable.com/1438923/restaurants-lost-thousands-jobs-in-october/   Outback Steakhouse sales drop by more than 1% as customers pull back on spending, causing the chain to ease up on price increases.  Read more here: […]

Restaurant News Roundup 08/22/2022

Restaurants’ breakfast business is booming after taking a hit during the pandemic.  Read more here: https://www.forbes.com/sites/aliciakelso/2022/08/11/after-taking-a-hit-during-the-pandemic-restaurants-breakfast-business-is-coming-back-with-velocity/?sh=25652cefed17   A new survey by the National Restaurant Association finds that most restaurant owners have increased menu prices in recent months to offset higher food, beverage and labor costs.  Almost half of those surveyed […]

Restaurant News Roundup, 07/08/2021

Higher labor and food costs putting pressure on restaurants coping with already thin margins.  Read more here: https://www.washingtontimes.com/news/2021/jul/7/for-the-restaurant-industry-inflation-is-a-recipe-/   While total sales at restaurants are climbing and almost back to pre-pandemic levels, restaurant employment still lags.  Read more here: https://qz.com/2024911/us-restaurant-sales-are-booming-but-employment-continues-to-lag/   Customer service jobs in health care and other fields […]

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 […]

Restaurant News Roundup, 09/28/2020

Le Pain Quotidian, California Pizza Kitchen, Sizzler are among 17 major restaurant chains that have filed for bankruptcy since the start of the pandemic.  Read more here: https://www.restaurantbusinessonline.com/financing/these-restaurant-companies-filed-bankruptcy-during-pandemic   No back to normal for the restaurant industry as the impact of the coronavirus pandemic forces change to the restaurant model.  Read […]

Restaurant News Roundup, 7/22/2020

Burger King introduces a Whopper made of “reduced methane emissions beef,” a move aimed at combatting climate change.  Read more here: https://www.washingtonpost.com/news/voraciously/wp/2020/07/14/burger-king-wants-to-combat-climate-change-by-helping-its-cows-be-a-little-less-gassy/   Almost 16,000 restaurants have shut down permanently since the coronavirus pandemic hit the U.S. in March.  Read more here: https://www.delish.com/food-news/a33393205/restaurant-closures-yelp-data/   “Ghost Food Halls” might be the […]

More RZ Blog Content

Join more than 12,000 people getting our bimonthly posts about hiring.

Sponsored Links