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Restaurant Data, Trends Point To Improvement In Troubled Industry
Tuesday, May 26, 2020 - 3:19pm | 542Restaurant trends remain mixed, as some are showing a very slow improvement, and there is a long way to go before the industry can recover to pre-COVID-19 pandemic levels. Mother's Day Success Mother's Day was May 11, and industry data has only recently trickled in from the...
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Restaurant Buffets May Never Be The Same Again
Tuesday, April 28, 2020 - 2:34pm | 316The concept of an all-you-can-eat buffet could be among the first casualties of the coronavirus in the restaurant sector. What Happened The U.S. federal government is recommending that restaurants no longer offer self-service options and specifically highlights buffets that make use of "...
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Does McDonald's Have A Traffic Problem?
Sunday, February 2, 2020 - 7:03pm | 436McDonald's Corp (NYSE: MCD) posted 5.1% U.S. same-store sales growth in its fourth-quarter earnings report, but this doesn't tell the full story. Breaking Down McDonald's Traffic McDonald's same-store sales growth in the final months of 2019 was driven by new initiatives like...
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Subway Continues To Shed Stores, Execs
Sunday, January 12, 2020 - 6:40pm | 444Subway ended 2019 with less than 1,000 stores than it began the year with, and the sandwich chain's C-level is also slimming down. Subway's Shrinking Store Footprint Subway ended 2019 with 1,106 net fewer restaurants in the U.S., according to Restaurant Business. The...
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Restaurant Business Dishes Out What To Look Out For In 2020
Tuesday, December 31, 2019 - 8:32am | 656The restaurant industry could serve up a busy 2020, especially in terms of new trends, M&A deals, and new concepts gaining in popularity. Top Trends The restaurant industry could see a boom in "ghost kitchens" -- that is virtual kitchens with minimal to no physical presences,...
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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 ...
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Jack In The Box Discloses Troubling Store Trends
Wednesday, December 18, 2019 - 12:25pm | 443Jack in the Box Inc. (NASDAQ: JACK) announced last week that it will begin the search for a new CEO — and whoever is appointed will be challenged on day one, according to a Wednesday Restaurant Business report. Negative Operating Income At Jack In The Box Stores Data...