Restaurants face harsh reality as April saw weakest sales growth since July- General News
Restaurants saw their year-over-year same-store sales and traffic growth fall for the third consecutive month in April. During this month, the industry experienced its softest sales growth since July of last year, making April the second-worst month in over two years.
Crisp & Green to expand after signing multi-unit deal- General News
STEELE BRANDS, a Minnesota-based company known for establishing and developing healthy lifestyle restaurants, announced today that its flagship brand CRISP & GREEN has signed a record-breaking 40-unit development deal with franchise partner Rory Kelly of Salads & Smoothies, LLC.
U.S. restaurants per capita still well below pre-pandemic- General News
The number of U.S. restaurants – including chain franchises and independent stores – has not yet rebounded to pre-pandemic levels, and is still meaningfully lower than what it was before the advent of COVID-19, according to Nick Cole, Head of Restaurant and Hospitality Finance at Mitsubishi UFJ Financial Group (NYSE: MUFG).
Restaurant survey shows sales increase in 2022 but labor, inflation challenges- General News
Restaurant365, the leading all-in-one restaurant enterprise management software today released key findings from the R365 State of the Industry Customer Survey.
TouchBistro ‘State of Restaurants’ report shows sales volumes up, rising costs cutting into profits- General News
The 2023 “State of Restaurants” Report released today by TouchBistro reveals that restaurant sales in the U.S., on average, have recovered to approximately 75% of pre-pandemic levels, with three-in-five operators reporting that their sales volume has returned to at least 50% of pre-pandemic levels.
Foodservice labor crunch: opportunity for value-added produce?- Featured
Operators are looking for any way to relieve pain points in the kitchen and optimize precious labor hours.
Survey shows labor problems holding back restaurant recovery- General News
After a turbulent two years, business has returned to "normal-ish" for most restaurants, but the ongoing hospitality labor shortage is keeping many from operating at full capacity…and keeping eager consumers from getting a table at preferred eateries.
DoorDash releases the 100 most loved restaurants- General News
A great DoorDash experience is not just about the food that's delivered; it's also about how it arrives, how long it took to get there, and much more.
Ally Robotics launches to open new era for attainable robotics- General News
Ally Robotics – a startup making smart and affordable robotic arms – has launched a campaign to raise up to $8.5 million in seed capital via equity crowdfunding site WAX.
Fresh Technology Inc. closes $7M Series, launches improved restaurant technology- General News
Fresh Technology Inc. (Fresh) announces the closing of its $7m Series A led by FINTOP Capital.