Restaurant News Roundup, 10/24/2016
Study finds that turnover rates at the management and hourly levels in the restaurant industry continue to rise, with management turnover at its highest level in 10 years. Read more here: http://hospitalitytechnology.edgl.com/news/Data-Reveals-Slow-Job-Growth-in-Restaurant-Industry107505
Burger King reports better-than-expected third quarter sales, but the increase is far below last year’s numbers. Restaurant Brands International, which owns Burger King and Tim Horton, blames “softness” at its American and Canadian locations. Read more here: http://www.foxbusiness.com/markets/2016/10/24/burger-king-owner-beats-expectations-but-sees-us-softness.html
Improving customer service is key for restaurant chains looking to increase sales, but may be difficult for larger chains like KFC, Domino’s and Pizza Hut. Read more here: http://www.businessinsider.com/chains-double-down-on-customer-service-2016-10
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