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In order to keep up with more profitable sales from dine-in customers, many restaurants are shutting down delivery and online sales during peak periods, such as evenings and weekends, or at times ...
Although inflation is slowing, cost-conscious consumers are eating more at home or at lower-cost fast-food restaurants, where the average check is $7.92, about half the average check at a sit-down ...
A restaurant that is to-go only due to laws created to stop the spread of the coronavirus. In March 2020, restaurants' daily traffic dropped precipitously as the virus spread, compared to the same period in 2019. [25] According to NPR's Yuki Noguchi, "Just about every restaurant nationwide has been hit hard at once, making this disaster unique."
But Vongerichten’s restaurants tend to last significantly longer; while a few, like Mercer Kitchen and Spice Market, have closed, most of his hallmark eateries, like JoJo and ABC Kitchen, remain ...
A major reported contributing factor to the supposed retail decline is an ongoing "restaurant renaissance"— a shift in consumer spending habits for their disposable income from material purchases such as clothing towards dining out and travel. [3]
"Being an industry leader with 1,500 restaurants, we regularly review the performance of our restaurants. At times, like all leading national restaurant chains, we make a tough decision to close one.
But the pandemic slammed the company, prompting it to shut down restaurants in Florida and Colorado. Rubio's also has been struggling under the shadow of Mexican restaurant giant Chipotle in the ...
At its peak, Bebe operated a total of 312 stores, but by March 2017, this was down to 172. [39] Bed Bath & Beyond announced in April 2019 that it would close 40 stores and also open 15 new stores that year. The company continued to struggle through the retail apocalypse, and in late summer of 2022, Bed Bath & Beyond announced plans to close 150 ...