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Full-service chains like Red Lobster, TGI Fridays and others are having a hard time
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
O’Leary notes while some restaurants have had to scale back or even declare bankruptcy, others are moving to less expensive locations or turning into commercial kitchens that specialize only in ...
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]
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.
Here's what you need to know about restaurants and fast food chains on Christmas, including whether they'll be open and their hours. Christmas music: How to listen to Christmas music 24/7 until ...
2. Waffle House. Waffle House will keep the Christmas lights on for anyone who'd rather have a waffle than a roasted ham. The chain stays open 24/7 year-round, including Christmas Eve and ...
Darden Restaurants raised its annual sales forecast on Thursday, banking on higher menu prices and more people dining at its chains including LongHorn Steakhouse and Olive Garden in the holiday ...