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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.
The United States restaurant industry was projected at $899 billion in sales for 2020 by the National Restaurant Association, the main trade association for the industry in the United States. [ 1 ] [ 2 ] An estimated 99% of companies in the industry are family-owned small businesses with fewer than 50 employees. [ 3 ]
Fewer Restaurant Owners Have Business Insurance Compared to Last Year. A growing number of respondents said they don't have business insurance—38% in 2025 compared to 29% last year when NEXT ...
The U.S. restaurant business has been a bright spot for dealmaking recently. Blackstone acquired Tropical Smoothie Cafe last year, while restaurant chains Freddy's Frozen Custard & Steakburgers ...
Now, the American-born restaurant chain is reported to be closing as many as 90 restaurants this year, ... “Denny's is uniquely positioned to build a sizable virtual brand business, given our ...
Signs on a Thai Restaurant in Crofton MD. In a February 28 story about how restaurants could prepare for the possibility of a pandemic, Restaurant Business quoted Roslyn Stone, COO of a firm that provides crisis response for restaurants, who emphasized the necessity for restaurants to provide employees with time off for illness. [14]
The restaurant business can be incredibly cutthroat, and standing out from the competition often requires a dash of creativity and a sprinkle of humor. Owners are always coming up with unique ways ...
In 2019, Restaurant Business Magazine estimated the average check was $72, the average meals sold per year was 313 thousand, and the estimated sales in one year was $22.7 million. [6] In 2020, the estimate was updated to place the average check at $75, the average meals sold per year at 315 thousand, and the estimated sales in one year at $24.3 ...
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