Search results
Results from the WOW.Com Content Network
The US restaurant industry was projected at $899 billion (~$1.04 trillion in 2023) in sales for 2020 by the National Restaurant Association, the main trade association for the industry in the United States. [2] [3] An estimated 99 percent of companies in the industry are family-owned small businesses with fewer than 50 employees. [4]
Gary Bradshaw, portfolio manager at Hodges Capital Management, said he remains bullish on restaurants with growing sales revenue and store numbers, like Chipotle, McDonald's and Texas Roadhouse.
After years of pushing to keep their kitchens afloat through the dark days of the COVID-19 pandemic and navigating the changes brought on by legislation, social movements and inflation, a growing ...
Fans of Outback Steakhouse may be surprised to see their local restaurant permanently closed after the chain’s parent company abruptly shut down dozens of locations around the US.. Bloomin ...
The chain saw its sales begin to decline in 2017, filed for Chapter 11 bankruptcy in 2020, and has been closing restaurants ever since, Restaurant Business Magazine reported. Rubio's is now down ...
Depending on your industry and the politics of your state, you might have been called back in months ago and are now grappling with the muddy in-between space of zooming with your colleagues while ...
Why Is Chipotle Raising Its Prices? As is often the case these days, inflation is pointed to as the culprit here. The sad reality is that most restaurants are still probably too cheap to ...
Mr Kubik said: “Pressure is rising on the restaurant sector every day. More and more of them are shutting their doors as a result. “Restaurants that only just managed to survive the pandemic ...