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[1] [2] An estimated 99% of companies in the industry are family-owned small businesses with fewer than 50 employees. [3] The industry as a whole as of February 2020 employed more than 15 million people, representing 10% of the workforce directly. [1] It is the nation's second largest private employer and the third largest employer overall.
The restaurant industry in the United States is large and quickly growing, with 10 million workers. 1 in every 12 U.S. residents work in the business, and during the 2008 recession, the industry was an anomaly in that it continued to grow. Restaurants are known for having low wages, which they claim are due to thin profit margins of 4-5%.
In 1998 ,a venture capital group led by Scoggin purchased Houlihan's Restaurant Group. The Houlihan's Restaurant Group includes: Devon's Seafood Grill, Darryl's and J. Gilbert's Wood-Fired Steaks & Seafood. These new restaurant concepts developed by Scoggin are still doing well today. Scoggin retired in 2000. [2] [10] [11] [12]
Norman Eugene Brinker (June 3, 1931 – June 9, 2009) was an American restaurateur who was responsible for the creation of new business concepts within the restaurant field. He served as president of Jack in the Box , founded Steak and Ale , helped establish Bennigan's and Chili's , and founded Brinker International .
Anderson wrote two books about his life in the restaurant business. The second, Corporate Cowboy Stuart Anderson: How a Maverick Entrepreneur Built Black Angus, America’s #1 Restaurant Chain of the 1980s, was written in 2014 shortly before his death. [11] Anderson, Stuart (1997). Here's the Beef! My Story of Beef. Seattle, Washington: Hara.
In 1985, at age 27, Meyer opened his first restaurant, Union Square Cafe. [5] Meyer's other restaurants and businesses include Gramercy Tavern, Blue Smoke and Jazz Standard, Shake Shack, Daily Provisions, Ci Siamo, The Modern, Cafe 2 and Terrace 5 at MoMA, Maialino (formerly at the Gramercy Park Hotel), Untitled at the North End Grill, Marta, Porchlight, GreenRiver, Union Square Events, and ...
This is a list of restaurateurs.A restaurateur is a person who opens and runs restaurants professionally. Although over time the term has come to describe any person who owns a restaurant, traditionally it refers to a highly skilled professional who is proficient in all aspects of the restaurant business.
Restaurant Insider is a monthly culinary magazine [1] that conducts in-depth profiles on the restaurant industry's best known chefs and restaurateurs. The magazine began publishing in April 2005 as a trade-only magazine and has expanded to include newsstand availability, presence at food festivals, trade shows, and through online marketing.