McDonald’s Earnings Disappoint, Starbucks Beats

It is earnings week; more blue chip companies report second quarter fiscal results this week than any other week. Today on national radio, senior restaurant analyst Michael Halen discussed disappointing…

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Restaurants Raise Prices on Delivery Apps

Fees passed on to restaurants from third party delivery companies have become too expensive, and restaurants are responding. No one can blame them. With Yelp-listed restaurants reporting that 60% of…

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Why Restaurant Mortgages and Rent Payments Are Still Expensive

Many restaurant owners wonder why their mortgages and rent payments have not declined in line with decreased demand for restaurant real estate. Presumably, with seated diners down 99% in April…

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New Norms for Restaurants Will Become Permanent

Restaurant owners now understand that the dining changes caused by COVID-19 will persist through 2021. Dining will not return to normal; dining will develop a new normal. COVID-19 has disrupted…

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Large Restaurants Insulated from Losses

It pays to go public. Unequivocally, 2020 will be the most difficult year that hundreds of thousands of independent restaurateurs have ever endured.  Yet for most publicly traded restaurants, it…

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Improving Customer Experience for Your Restaurant Online

Improving Customer Experience For Your Restaurant Online

It’s important to work on improving customer experience for your restaurant online. Why? Because your website is often their first impression.

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Uber Claims 75% of Its Restaurateurs Would Have Closed Without UberEats

According to a June survey of 400 U.S. and Canadian restaurateurs by pollsters at Technomic, “75% of operators said that they would have had to close their business if not…

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Michelin-Starred Daniel Boulud Says Fine Dining Will Not Be Going Away

The outdoor terrace at New York City’s Eleven Madison Park is open. Since the onset of the coronavirus pandemic, Daniel Boulud’s three Michelin star restaurant has alternately been used for meal…

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Restaurant Tenants Renegotiate Rent and Mortgages

A new report confirms what many already knew: mortgage delinquencies are hitting record highs. To be specific, 6.1% of total U.S. mortgage borrowers are delinquent on payments — their worst…

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Restaurant Employees Await Congressional Unemployment Decision

Although many restaurant owners had trusted government indications that most of the country would be fully operational by now, 22 states have either reversed or paused reopenings altogether. As of…

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