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“The U.S. restaurant industry finds itself on the menu,” he wrote in a column for the Daily Mail. Don't miss Beating the market is no myth: These expert stock-pickers' recent success could ...
The U.S. restaurant industry has a 2019 vibe to it these days, with eateries across the country getting back to pre-COVID business. Independently owned restaurants have seen a particular boost as...
Full-service chains like Red Lobster, TGI Fridays and others are having a hard time
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."
Fiserv, a payment and financial services technology company, found that small business sales rose 4.9% and total transactions grew 5.5% from December the year prior.
TGI Fridays has closed 50 locations this year, according to Restaurant Business, and this month alone, restaurants in Charlotte, North Carolina; Charleston, South Carolina; Grand Chute, Wisconsin ...
There are more restaurants in the US than Americans actually need — and then, when they do go out, they're visiting local options instead of major chains. 3. Grocery store prices are too damn low
Amid escalating operational costs and changing consumer behaviors, the U.S. restaurant industry faces unprecedented closures, with financial strain evident across famed chains and local eateries.