Restaurant News Roundup, 03/21/2024

  Salaried fast-food managers in California will be entitled to overtime pay under the state’s new minimum wage law that goes into effect next month.  Read more here: https://www.restaurantbusinessonline.com/workforce/californias-new-fast-food-wage-law-will-also-expand-overtime-eligibility   As the restaurant industry anticipates record sales in 2024, insurance costs are likely to go up as well.  Higher restaurant […]

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, 01/21/2024

Californians will be paying more for their fast food as menu prices rise to offset mandatory minimum wage hikes for fast food workers.  Some half a million workers in California are expected to benefit from the pay increases.  Read more here: https://en.as.com/latest_news/why-are-fast-food-prices-going-up-in-california-n/   Increasing reliance on technology in the restaurant industry, […]

Restaurant News Roundup, 09/15/2023

California’s minimum wage for fast food workers will rise to $20 an hour next April following a compromise deal reached between the restaurant industry and unions.  Read more here: https://www.cnbc.com/2023/09/15/california-fast-food-minimum-wage-deal-what-to-know.html   Wall Street analysts warn online food delivery companies, like DoorDash, could be hit hard as the pandemic-era pause on student-loan […]

Restaurant News Roundup, 08/04/2023

More restaurants around the country are imposing extra service fees on customers, despite complaints.  Restaurant owners say they have no choice following passage of minimum wage increases in some cities.  Read more here: https://www.restaurantbusinessonline.com/financing/restaurants-keep-adding-service-fees-even-customers-say-they-dont-them   A bill introduced in Congress to raise the federal minimum wage to $17 an hour […]

Restaurant News Roundup, 01/25/2021

Higher labor costs, more direct COVID-19 relief, and immigration reform are some of the policies the restaurant industry can expect from the Biden administration.  Details here: https://www.restaurantbusinessonline.com/leadership/what-restaurants-can-expect-under-biden   Restaurant industry workers are worried about losing tip credit if Biden proposal for $15 minimum wage goes into effect. Read more here: […]

Restaurant News Roundup, 8/20/2019

Food delivery apps are reshaping the $836 billion restaurant industry – as more digital-only establishments are set up to make food for people who want to eat at home.  Read more here: https://www.nytimes.com/2019/08/14/technology/uber-eats-ghost-kitchens.html?searchResultPosition=3   But this chain, Jimmy John’s, is bucking the trend to use delivery apps like Uber Eats or […]

Restaurant News Roundup, 4/23/19

As Kona Grill prepares to file for bankruptcy, its problems are not unique – many chains find themselves in dire straits after overaggressive growth.  Read more here: https://www.restaurantbusinessonline.com/financing/kona-grill-its-former-ceo-go-war   A new study says the big rise in California’s minimum wage is hurting the restaurant industry in the state, especially smaller, […]

Restaurant News Roundup: Tips, Minimum Wage Impact, Shrinking Menus

Calls mount to keep the tip credit for restaurants following plans by New York Governor Andrew Cuomo to hold hearings to eliminate it.  The argument to keep the credit: it helps restaurants reduce their direct labor costs and survive in a very competitive environment.  Read more here: https://www.forbes.com/sites/andrewrigie/2018/01/15/why-nyc-restaurants-need-the-tip-credit/#507504277b09   CEO […]

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: 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, 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 […]

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