Restaurant News Roundup, 7/17/2019

Chipotle and Shake Shack stocks up by more than 60% so far this year, the two top performers in the restaurant industry where overall stocks are up just 11% because of weak sales and higher labor costs.  Read more here: https://www.restaurantbusinessonline.com/financing/chipotle-shake-shack-lead-restaurant-stocks   Subway is expected to provide franchisees with more than […]

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: Endangered Chains, Labor Shortage, Subway Struggles

  Rising labor costs, changing millennial preferences are crippling restaurant chains like TGI Fridays, Applebee’s, Buffalo Wild Wings and Chili’s.  Those concepts appeal to baby boomers, according to the Business Insider, but for millennials…..not so much.  Read more here: http://www.businessinsider.com/fast-food-heading-for-crisis-2018-5 A shortage of teenage workers is hurting the fast food industry. […]

Restaurant News Roundup: Dark Clouds at Subway & Papa John’s, Trump Tax Bill Praised

  Subway reported to be in serious trouble as over 900 of its sandwich stores close in 2017 because of changing consumer tastes.  Read more here: http://www.businessinsider.com/subways-closes-stores-spirals-downwards-2017-12   Papa John’s stock price continues to drop despite the outspoken founder’s decision to step down in the wake of the NFL controversy.  Read […]

Restaurant News Roundup, 10/21/15

New York Times reports a “crisis-level shortage” of experienced cooks is affecting restaurants, especially high-end establishments. Read more here: http://www.nytimes.com/2015/10/21/dining/restaurant-kitchen-chef-shortage.html Subway steps up its antibiotic-free policy, saying it has begun the transition to serve protein from animals that have never been given antibiotics in its thousands of U.S. restaurants. Read […]

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