Restaurant News Roundup, Casual Dining Struggles; Delivery Apps; Training Line Cooks

Chili’s, Cheesecake Factory and other mid-priced restaurant chains are struggling to find their way back to growth.  Read more here: http://www.latimes.com/business/la-fi-agenda-casual-dining-20170918-story.html   The food delivery business is expanding rapidly, especially with the advent of delivery apps like Seamless, UberEats and Caviar, forcing many restaurants that rely on delivery orders to […]

Restaurant News Roundup: Applebee’s, Millennials & Applebee’s, Dishwashers

Applebee’s may close over 130 restaurants that have performed poorly in coming months, though the chain’s parent company also says it plans to open several dozen new eateries across the globe.  Read more here. With the news of Applebee’s closing restaurants comes a change in strategy as the restaurant chain […]

Restaurant News Roundup: Blaze Pizza, Hospitality Training & Reservation Software

  Blaze Pizza – the build-your-own pizza concept – now has 200 locations, making the Le Bron James backed chain the fastest growing in the history of food service, according to Forbes magazine.  Read more here…   Hotels and restaurants are running training programs for managers and staff to improve […]

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 […]

Restaurant News Roundup: Mexican Food, Chef Owners, Minimum Wage Impact

Mexican restaurants are now the second-most popular menu type in the U.S., according to a foodservice data aggregator, edging out pizzerias for the number two spot.  Read more here: https://www.fb101.com/2017/04/mexican-restaurant-industry-second-popular-menu-type-usa/   Restaurant owners who are also their establishment’s chefs say it would be beneficial to get a lesson in finances before […]

Restaurant News Roundup: Dining Survey, Top Restaurants, Secret Menus

  New York’s Eleven Madison Park picked as Number One by the prestigious World’s 50 Best Restaurants, the first American restaurant to make the top of the list in more than a decade.  Read more here.   Consulting firm survey indicates fewer people will be dining out in 2017, a […]

Restaurant News Roundup: Music & Restaurants, Future Trends

Restaurateur Ken Friedman, a former musician, compares the music industry to the restaurant business. Not so different, he says. Read more here: http://www.eater.com/2017/3/20/14980878/ken-friedman-music-industry Restaurant data analytics guru Damian Mogavero talks about the restaurant industry, saying its future depends on embracing the creative side of the restaurant business and adapting to trends. Read […]

Restaurant News Roundup: Applebee’s, Big-Name Chefs, Surcharges

Applebee’s parent company is closing up to 60 restaurants as the chain suffers from an industry-wide slowdown that some analysts fear could be the start of a restaurant recession. http://www.businessinsider.com/applebees-restaurants-are-disappearing-across-the-us-2017-3 Boutique hotels signing up big-name chefs as a way to gain recognition. Read more here: https://www.nytimes.com/2017/03/07/dining/hotels-restaurants-big-name-chefs.html?_r=0 Restaurants imposing surcharges to offset […]

Restaurant News Roundup: Burger King’s Whopper, Trump Immigration Impact

Burger King owner, Restaurant Brands, buys Popeyes for $1.8 billion, putting Restaurant Brands in a good position to take on McDonald’s, Wendy’s and other fast food chains. Read more here: http://money.cnn.com/2017/02/21/investing/restaurant-brands-burger-king-popeyes-acquisition/ Restaurants, bars and hotels brace themselves for further enforcement of US immigration laws by the Trump administration. Read more […]

Restaurant News Roundup: Customers, Mexico, Diversity

Global information research group releases study on ways to increase traffic at restaurants. One of its findings: consumers think restaurant prices are too high, so they stay away or cut back on eating out. Read more here: https://www.qsrmagazine.com/news/new-path-increasing-restaurant-business Trump’s Mexico policy could spell trouble for restaurant chains like Chipotle that […]

Restaurant News Roundup – Generation Z, 2017 Outlook, Prices

Move over millennials, generation Z is now starting to make its restaurant preferences felt. What do those born after 1996 and coming of age now want? No nuggets! Find out more by reading here: Click Here to Read More. While 2017 is expected to be a difficult year for restaurants, […]

Restaurant News Roundup: Stocks, Chains & Dating

Papa John’s, with a 62% increase in its stock price, and Domino’s with a 45% gain, were among the top fast food stocks to buy in 2016. A Fox Business article says the two pizza chains were immune to factors causing a slowdown for other fast food chains during the […]

Restaurant News Roundup, 12/3/16

Fast Casual restaurants like Panera account for just under 8% of the restaurant industry, but are poised to grow more if they can continue to make inroads into the fast food business.  Read more here: http://www.foxbusiness.com/markets/2016/12/03/5-fast-casual-stats-that-will-blow-away.html   Restaurants can benefit from SMS marketing, just follow the example of Texas Roadhouse […]

Restaurant News Roundup, 11/20/2016

Restaurant company stocks are up since the election of Donald Trump, with chains like Papa John’s and Domino’s soaring high.  Read more here: http://nrn.com/blog/restaurants-ride-trump-rally   Mixed reaction in the restaurant industry to Trump’s election victory, though most agree that an increase in the federal minimum wage is unlikely in a […]

Restaurant News Roundup, 11/2/16

Moody’s predicts it will be harder for restaurants especially fast casual eateries like Applebee’s to increase earnings over the next year, downgrading its outlook for the restaurant industry to “stable” from “positive” in its latest report.  Read more here: http://blogs.barrons.com/incomeinvesting/2016/11/02/moodys-lowers-its-outlook-on-restaurant-industry/ Celebrity chef Anthony Bourdain calls for providing a living wage […]

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 […]

Restaurant News Roundup, 10/14/16

Prices at restaurants are rising despite lower food costs nationwide. Taxes, rental and labor costs are a big part of restaurant expenditures, outweighing the positive impact of lower food prices. Read more here: https://www.bostonglobe.com/business/2016/10/12/food-prices-are-dropping-but-restaurant-prices-aren/zyRx7yABlUbq6msrqg1vFM/story.html Big dip in stock prices for Panera Bread, Texas Roadhouse and BJ’s in September, reflecting an […]

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