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 […]

Restaurant News Roundup, 10/5/16

Chick-fil-A beats Kentucky Fried Chicken, selling on average almost four times as much fried chicken in its eateries than KFC. Read more here: http://www.businessinsider.com/why-chick-fil-a-is-so-successful-2016-10 “We could use some inventory to come out,” says Darden CEO Gene Lee referring to the need for some bloodletting in the restaurant industry to make […]

Restaurant News Roundup, 9/18/16

Credit card spending data show more Americans are choosing to eat at local restaurants or small chains like Shake Shack instead of large ones like Olive Garden. Read more here: http://www.businessinsider.com/americans-ditching-big-restaurant-chains-and-eating-local-2016-9 Research firm says the lunch trade is falling because of higher menu prices as customers opt for brown-bagging lunch […]

Restaurant News Roundup, 7/31/16

Can Pokemon Go drive restaurant traffic? An article citing social media reports says players are choosing restaurants based on the availability of the virtual reality Pokemon characters. Read more here: http://www.businessinsider.com/pokemon-go-is-impacting-restaurant-strategy-2016-7 Some New York City pizzerias cash in on the Pokemon Go craze. Read more here: http://nypost.com/2016/07/12/pokemania-runs-wild-through-city-causing-crime-accidents/ Chipotle continues to […]

Restaurant News Roundup, 7/4/16

Industry research firm says restaurant sales are virtually flat and are expected to remain weak for the rest of the year. The cause? Uncertainty over the presidential election, according to one analyst. Read more here: http://www.businessinsider.com/people-are-spending-less-at-restaurants-and-its-terrifying-news-for-the-economy-2016-6 Jim Cramer of Mad Money assesses the stock performance of six restaurant chains, giving thumbs […]

Restaurant News Roundup, 6/23/16

Grocery stores offering fresh, restaurant-quality prepared foods are attracting more business, especially from millennials, according to a research industry firm. Read more about the rise of so-called “grocerants” here: http://www.businessinsider.com/millennials-are-abandoning-restaurants-2016-6 These five online sites will help restaurant owners keep on top of the latest trends reflecting customer needs and wants. […]

Restaurant News Roundup, 7/21/16

Barnes and Noble is experimenting with expanding its food and drink offerings in its bookstores. It’s now testing the market at four stores, including one in Eastchester, New York and another in Loudon County, Virginia. Read more here: http://www.thedailymeal.com/news/eat/barnes-and-noble-enter-restaurant-industry/070516   Article offers advice on how to better market your restaurant […]

Restaurant News Roundup, 6/7/16

  Restaurant operators are feeling optimistic about the economy this year and believe there will be expanding opportunities in the industry, according to an American Express survey. A recent survey shows McDonald’s and Burger King are the most disliked fast-food eateries in America. Read more here: http://www.businessinsider.com/most-hated-fast-food-restaurants-mcdonalds-burger-king-chick-fil-a-kfc-2016-5 Amazon has launched […]

Restaurant News Roundup, 5/9/2016

  Red Lobster resonates with millennials after making menu changes and is now the top choice for the 18-24-year-old crowd, according to a recent restaurant survey. Read more here. Business Insider, Restaurant Business and a group of experts rank the 25 best fast food chains in America, based not just […]

Restaurant News Roundup, 4/22/16

Declining soda consumption in restaurants is a worrisome trend for restaurant profit margins. A new marketing study says people are ordering fewer Pepsis, Cokes, and other sodas at sit-down eateries. Read more here. McDonald’s is opening up a huge restaurant in Missouri, offering customers hundreds of choices to “build the […]

Restaurant News Roundup, 4/2/16

Cloudy future for immigration reform affects restaurant industry, where an estimated ten percent of the work force is staffed by immigrants – many undocumented. Read more here: http://www.cnbc.com/2016/03/10/ Ohio is a test state for the restaurant industry, according to the new head of Ohio’s Restaurant Association. Association head John Barker […]

Restaurant News Roundup, 3/3/16

Seafood restaurants – like Captain D’s restaurant chain – see spike in business during Lent. Read more here… Business Insider article makes the case against tipping, pointing to research showing the practice too often leads to sexual harassment of women servers. Read more here… Warren Buffet bullish on Burger King, […]

Restaurant News Roundup, 2/17/16

In 2016 so far, same-store sales for restaurants are discouraging, with growth down 0.8 percent in January – the lowest rate since 2014. Unseasonably cold weather is partly to blame. Read more here: https://www.fsrmagazine.com/owner-operators/restaurant-industry-battles-weather-and-economic-uncertainty Are restaurant stocks an investment opportunity? Some financial analysts think so. Read more here: http://www.reuters.com/article/us-usa-restaurant-stocks-idUSKCN0VK16F Los […]

Restaurant News Roundup, 2/4/16

Fast-food chains, including Arby’s, KFC and Panera, are investing in major re-designs of their eateries to emphasize “bold” and “bright” concepts to counter negative fast-food stereotypes. Read more here: http://www.businessinsider.com/fast-food-chain-redesign-is-trending-2016-1?amp As McDonalds sees rebound in same-store sales, the company redesigns its eatery in mid-town Manhattan to feature “Create Your Taste” […]

Restaurant News Roundup, 1/28/16

Restaurant industry analysts predict small increase in traffic for restaurants in 2016, despite lower gas prices that have put extra money in people’s pockets and an overall improvement in the economy. Read more here: http://nrn.com/finance/2016-holds-mixed-outlook-restaurant-operators Chicago becomes the sixth major U.S. city to get Amazon’s food delivery service, launched six […]

Restaurant News Roundup, 1/13/16

Chipotle vows to win back the trust of its customers following a multi-state E.coli outbreak, telling financial analysts it expects a full recovery in its profits by 2017. Read more here: http://www.bloomberg.com/news/articles/2016-01-13/chipotle-jumps-after-chain-tells-analysts-it-can-regain-luster Morgan Stanley forecasts huge growth for Restaurant Brands International, parent company of Burger King and Tim Hortons. Read […]

Restaurant News Roundup, 1/5/16

New trends, including customer demands for food free of additives, will shape the quick-service and fast-casual restaurant industry in 2016, according to restaurant experts. Read more here: https://www.qsrmagazine.com/reports/9-fast-food-trends-2016 The stocks of Starbucks, Carrolls Restaurant Group, and Chuy’s Holdings made big gains in 2015, over 55 percent in one case. Read […]

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