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U.S. restaurant industry sales will reach a record high of $863 billion this year, up 3.6% over last year, according to a report released today by the National Restaurant Association. “The ...
It would be a mistake to say that 2022 was a return to business as usual for restaurant companies. After all, “usual” for restaurants doesn’t typically include white-hot inflation, an ...
The founder of the Slater’s 50/50 burger chain has agreed to sell his six restaurants and brand intellectual property to Elite Restaurant Group. Terms were not disclosed, but Slater’s founder ...
The restaurant industry has experienced 100,000 closures tied to the coronavirus pandemic, according to the latest survey by the National Restaurant Association. The trade group has been surveying ...
Nearing the end of a mostly tough slate of first quarter earnings reports sits a silver lining in CAVA, which on Thursday reported a 10.8% same-store sales increase, a 28.2% revenue increase, and ...
Some things may seem polarizing right now, but what most of us can apparently agree on is an affinity for Baskin-Robbins. New data released from YouGov breaks down the “popularity” of each ...
Burger King wanted to test its new prototype. So the company built one in a new testing facility. The Royal Innovation Center, opened late last year, is 40,000 square feet near the chain’s Miami ...
Topgolf is rethinking its pricing structure. The golf-and-food chain’s same-store sales fell 12% last quarter and parent company Topgolf Callaway Brands lowered its expectations for sales this year.
Over the past couple of weeks, restaurant operators in cities across the U.S. have reported upticks in immigration enforcement incidents. Immigration and Customs Enforcement officers have ...
Sociologist Ray Oldenburg coined the term “third place” in his book The Great Good Place, published in 1989. Starbucks unquestionably mainstreamed the idea of having a physical place that ...
The Consumer Price Index rose on a seasonally adjusted basis of 0.2% in April, equating to a 12-month inflation rate of 2.3%, according to federal data released Tuesday morning. These numbers were ...
I ordered takeout from a wings restaurant on Super Bowl Sunday. Big mistake. The 45-minute wait nearly cost me kickoff. I stood there, surrounded by frantic delivery drivers, flashing hazard ...
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