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, 09/19/2021

The fast-food industry struggles to find enough workers, even as customers return.  The main problem: low wages.  Read more here: https://www.washingtonpost.com/business/2021/09/17/fast-food-labor-shortage/   New York restaurant CEO calls on Congress to replenish the Restaurant Revitalization Fund, saying “independent restaurants don’t stand a chance” without more government help.  Read more here: https://finance.yahoo.com/news/the-government-needs-to-step-up-and-replenish-the-restaurant-recovery-fund-161700495.html   […]

Restaurant News Roundup, 06/14/2021

Rising food costs, especially for beef and chicken, impacting restaurants, forcing diners to pay more for a meal.  Read more here: https://www.foxbusiness.com/features/diners-expect-menu-subsitutions-restaurants-costs-rise   Doubling wages to $15 an hour plus tips boosts job applications at restaurants having difficulty staffing up.  Some owners relate their experiences in this article here: https://www.washingtonpost.com/business/2021/06/10/worker-shortage-raising-wages/   […]

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