Restaurant News Roundup, 04/25/2022

Chipotle has formed a new venture to invest in restaurant startups. The venture, Cultivate Next, will have $50 million to invest in early-stage companies that are in line with Chipotle’s “strategic priorities.” Read more here: https://www.bizjournals.com/losangeles/inno/stories/news/2022/04/19/chipotle-forms-venture-fund-restaurant-industry.html   A path toward automation for restaurants is laid out by an industry veteran. […]

Restaurant News Roundup, 12/10/18

Despite discounted offers, such as Burger King’s 10-piece chicken nugget deal for $1, prices for fast food chain menu items are on the rise.  Read more here:  https://www.today.com/food/despite-1-deals-fast-food-getting-pricier-here-s-why-t144520   For the sixth straight month, same-store sales at chain restaurants rose 1% in November.  But while same-store takeout sales are up […]

Restaurant News Roundup: Keeping Workers, Sales Up & Marijuana

With low profit margins leaving little room to raise pay, restaurants are offering incentives, including flexible schedules and faster advancement up the ranks, to keep workers in an increasingly tight labor market. Read more here: https://www.nytimes.com/2018/04/05/dining/labor-shortage-restaurants-employment.html Restaurant sales rebounded in March, offsetting disappointing results from January and February.  Read more here: […]

Restaurant News Roundup, 2/17/16

In 2016 so far, same-store sales for restaurants are discouraging, with growth down 0.8 percent in January – the lowest rate since 2014. Unseasonably cold weather is partly to blame. Read more here: https://www.fsrmagazine.com/owner-operators/restaurant-industry-battles-weather-and-economic-uncertainty Are restaurant stocks an investment opportunity? Some financial analysts think so. Read more here: http://www.reuters.com/article/us-usa-restaurant-stocks-idUSKCN0VK16F Los […]

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