-
Will Restaurants Recover In 2021?
Wednesday, January 27, 2021 - 8:55am | 596The U.S. restaurant industry ended 2020 with 2.5 million fewer jobs and more than 110,000 eating and drinking establishments were either temporarily closed or shut down for good, the National Restaurant Association says in a report. Job Losses: The majority of restaurants and bars that closed in...
-
Restaurants Fight Back Against Lockdowns: The 'Convenient Scapegoat'
Wednesday, November 18, 2020 - 4:25pm | 643The National Restaurant Association is pushing back against new dine-in restrictions across the U.S. by arguing theres' a "lack of scientific evidence" that correlates restaurants with increased COVID-19 cases. New Coronavirus Restrictions: The number of cities and states...
-
4 Propane Stocks To Watch Heading Into A COVID Winter
Wednesday, October 7, 2020 - 2:20pm | 598Propane stocks are on watch with restaurants boosting their outdoor seating capacities due to social distancing inside. The Propane Trade: A survey from the National Restaurant Association showed 50% of full-service restaurants were taking action to extend their outdoor dining seasons with methods...
-
April's Restaurant Data Far From Encouraging, But There Is Hope
Monday, May 11, 2020 - 3:25pm | 444The job losses at restaurants in April are discouraging: three decades of job gains were eliminated, according to the National Restaurant Association. What Happened To Restaurant Jobs Eating and drinking establishments across the U.S. lost 5.5 million jobs in April on a seasonally adjusted...
-
An Early Glimpse At Restaurant Reopening Strategies
Monday, April 27, 2020 - 11:20am | 447Ahead of the state of Georgia's reopening of restaurants Monday, the National Restaurant Association released a guide on how restaurants can better offer a safe, healthy and clean environment while respecting social distancing. 4 Tips From The National Restaurant Association The...
-
Food News Roundup: Guy Fieri Lends A Helping Hand, Expert Cautions Against Protectionist Measures, Coca-Cola Stock In Focus
Tuesday, April 7, 2020 - 4:35pm | 550The partnership between The National Restaurant Association's Education Foundation and "Diners, Drive-Ins and Dives" host and celebrity chef Guy Fieri went live on April 2 and crashed within minutes due to high levels of interest. $500 Cash Grant The Education Foundation's...
-
Restaurants Push Ads, Gift Cards This Holiday Season
Wednesday, December 18, 2019 - 5:36pm | 444Restaurant chains are pushing hard to convince consumers to order their food or to give a gift card to friends and families. One of the winners so far is chicken sandwich chain Chick-fil-A, according to the publication Restaurant Business. The Gift Of Time Chick-fil-A released a 2-minute ...
-
A Look At This Year's Top Restaurant Trends: Cannabis, Craft And Casual
Monday, May 20, 2019 - 4:39pm | 1467Back in January, The National Restaurant Association released its annual list of top trends in the restaurant and food industry. With the summer wind starting to blow in, here’s a look at what’s hot in the restaurant industry this year along with some the major names involved. No. 1:...
-
What A Boost In Minimum Wage Would Mean For 1 Out Of Every 12 Private-Sector Workers
Tuesday, May 30, 2017 - 2:00pm | 643The federal minimum wage has remained unchanged at $7.25 per hour since July 2009. However, this minimum may not apply to all 50 states, as states have the leeway to set their own minimum and an employee is entitled to the higher of the two minimum wages. The minimum wage, the lowest hourly pay...
-
McDonald's Gets Healthier With Whole Fruit Option
Thursday, December 4, 2014 - 2:09pm | 647According to a 2009 report by Health.com, Panera Bread Co (NASDAQ: PNRA) was the No. 1 healthiest fast food restaurant in America. McDonald’s Corporation (NYSE: MCD) came in at No. 8. Since then, McDonald’s has been trying hard to get even healthier. A Healthy Alliance In 2013,...
-
Profiting from Rising Restaurant Traffic (PEJ, XLY, MCD, SBUX, CMG)
Tuesday, December 3, 2013 - 2:11pm | 626On Monday, the National Restaurant Association released their Performance Index for the month of October. The month over month sales showed an increase of 0.7 percent, pushing the index to a new four-month high. As far as customer traffic is concerned, more restaurant operators reported an...
-
Taxpayers Foot $1.2 Billion Public Assistance Bill for McDonald's Employees
Thursday, October 17, 2013 - 6:45am | 675Each year, U.S. taxpayers pay out $1.2 billion in public assistance to workers at McDonald’s (NYSE: MCD), according to a study released Tuesday by the National Employment Law Project. The NELP study used data from another one conducted by economists at the University of California-Berkeley and...
-
Restaurant Stocks Suffer As Shutdown Continues
Wednesday, October 2, 2013 - 1:20pm | 515QSR predicted it. Wall Street apparently confirmed it. The government shutdown is hurting restaurants, and as a result, restaurant stocks. Leading decliners at noon on Wednesday were Frisch’s (NYSE: FRS), down more than four percent, Brinker International (NYSE: EAT) down almost two percent,...
-
Is It Time To Check Out Of OpenTable?
Tuesday, March 1, 2011 - 11:58am | 503OpenTable Inc.'s (NASDAQ: OPEN) stock has seen a run-up of over 200% since January 2010 and one has to wonder if the his growth can continue at this pace or if the stock will soon falter. OpenTable is an online network that allows people to view and reserve available tables as restaurants. A...