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Full-service chains like Red Lobster, TGI Fridays and others are having a hard time
In July, August, and September, DoorDash and Uber Eats reported increased sales year-over-year from 2020, even though many restaurants opened their doors for dining this summer.
“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 price of eating food away from home in October went up 0.4% from September and a eye-watering 5.4% compared to last year, according to the latest Consumer Price Index report.
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.
Howard Johnson's was the largest restaurant chain in the U.S. throughout the 1960s and 1970s, with more than 1,000 combined company-owned and franchised outlets. [2] Today, the chain is defunct—after dwindling down to one location, the last Howard Johnson's restaurant (in Lake George, New York) closed in 2022 due to the COVID-19 pandemic. [3]
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
With COVID-19 cases on the rise again and surpassing numbers we haven't seen before, some states are returning to indoor dining bans and stay-at-home orders. The governors of Washington, New ...