Restaurant News Roundup, 7/5/2019

Hooters of America has been sold – Nord Bay Capital and TriArtisan Capital Advisors now own the more than 438 restaurants in the U.S. and 26 other countries that features servers wearing skin tight shirts and short shorts.   Read more here: https://www.restaurantbusinessonline.com/financing/hooters-america-has-been-sold   New York Times exposes wrong-doing against […]

Restaurant News Roundup – Generation Z, 2017 Outlook, Prices

Move over millennials, generation Z is now starting to make its restaurant preferences felt. What do those born after 1996 and coming of age now want? No nuggets! Find out more by reading here: Click Here to Read More. While 2017 is expected to be a difficult year for restaurants, […]

Restaurant News Roundup, 12/3/16

Fast Casual restaurants like Panera account for just under 8% of the restaurant industry, but are poised to grow more if they can continue to make inroads into the fast food business.  Read more here: http://www.foxbusiness.com/markets/2016/12/03/5-fast-casual-stats-that-will-blow-away.html   Restaurants can benefit from SMS marketing, just follow the example of Texas Roadhouse […]

Restaurant News Roundup, 10/14/16

Prices at restaurants are rising despite lower food costs nationwide. Taxes, rental and labor costs are a big part of restaurant expenditures, outweighing the positive impact of lower food prices. Read more here: https://www.bostonglobe.com/business/2016/10/12/food-prices-are-dropping-but-restaurant-prices-aren/zyRx7yABlUbq6msrqg1vFM/story.html Big dip in stock prices for Panera Bread, Texas Roadhouse and BJ’s in September, reflecting an […]

Restaurant News Roundup, 9/18/16

Credit card spending data show more Americans are choosing to eat at local restaurants or small chains like Shake Shack instead of large ones like Olive Garden. Read more here: http://www.businessinsider.com/americans-ditching-big-restaurant-chains-and-eating-local-2016-9 Research firm says the lunch trade is falling because of higher menu prices as customers opt for brown-bagging lunch […]

Restaurant News Roundup, 10/6/15

Survey finds food service industry faces staffing challenges, with more than half of restaurant owners saying they are short-staffed and are always looking to fill jobs in the kitchen. Read more here: http://massachusettsnewswire.com/restaurant-industry-survey-2015-highlights-staffing-challenges-in-foodservice-and-hospitality-19620/ Papa Johns, Pizza Hut and Dominos now get more than half their sales from digital ordering as […]

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