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Comp sales plunge 55 percent but worst may be in rearview mirror Comparable U.S. restaurant sales dropped 55 percent in April, further showing the impact of COVID-19 on the industry, […]
Industry loses three times more jobs than any other industry According to a new labor market report from the National Restaurant Association, eating and drink places have lost three times […]
Latest sales results show positive trends as chains prepare to reopen Casual-dining chains are showing some grit as they report their sales and earnings for their most recent quarter. For […]
Chicago part of broader development agreement for 20 ghost kitchens Fat Brands announced it had opened a ghost kitchen in Chicago for delivery only. The parent and franchisor of Fatburger, […]
RFIRF, a relief fund, is major component of restaurant industry Blueprint for Recovery The National Restaurant Association sent a letter to Congress asking it to support the restaurant industry as […]
Comparable restaurant traffic plunges 29.2 percent Analytics firm Black Box Intelligence reported March restaurant comparable sales were down 28.3 percent industry-wide. The COVID-19 health crisis has forced a considerable drop […]
Restaurant sales down more than 60 percent in week ending March 27 New data is out showing that restaurant industry comparable sales continue to tumble as most restaurants operate in […]
Restaurant sales drop 45 percent from February According to Technomic, a Chicago-based foodservice consultancy, 70 percent of restaurant operators are concerned that COVID-19 will have a negative impact on their […]
Restaurants face decision to close units or shift to takeout, delivery Food consultancy Technomic provided a COVID-19 update for the week ending March 13, assessing the impact to foodservice. Using […]
Company to also support COVID-19 impacted communities, students More than 90,000 PepsiCo employees will receive additional pay and benefits in response to COVID-19, the company announced. PepsiCo Beverages North America […]
Warm weather benefits restaurants ahead of U.S. Coronavirus outbreak Comparable U.S. restaurant sales in February were once again positive, according to Black Box Intelligence. Comparable sales increased 0.3 percent. This […]
Merger follows major investment in another Buffalo Wild Wings franchisee Diversified Restaurant Holdings (DRH), a 64-unit franchisee of the Buffalo Wild Wings concept, completed its planned merger with an affiliate […]
