Restaurant News Roundup, 03/05/2024

California’s new minimum wage hike that goes into effect on April 1st at limited-service restaurants is going to have a ripple effect across the country, say experts.  Read more here: https://www.businessinsider.com/california-20-dollar-fast-food-wage-restaurant-prices-jobs-workers-2024-3   Panera seems to have benefitted from a specific exemption in that new California minimum wage law.  The exemption applies […]

Restaurant News Roundup: 2nd Quarter Sales, Casual Dining Decline, Whole Foods Eateries

Wall Street analysts say restaurant sales are up in the second quarter, helped by boost in the fast food industry, especially burgers.  Read more here: http://www.cnbc.com/2017/06/05/restaurant-sales-gain-ground-in-second-quarter-big-boost-in-burgers.html   Millennials have abandoned casual dining eateries like Applebee’s and Ruby Tuesday, causing sales to slump and dozens of restaurants to close.  Read more here: http://www.businessinsider.com/millennials-endanger-casual-dining-restaurants-2017-5 […]

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