Restaurant Business

Restaurants Outperform Amid Stimulus and Reopening Hopes

From their lowest levels reached during March, publicly traded restaurants have irrefutably outperformed the broad market as of today. Wendy’s has rallied 178% from its lows. Cracker Barrel has rallied…

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Restaurants’ Quietest Cinco de Mayo Since 1862

For the 37 million U.S. residents with Mexican heritage, today will likely be the quietest Cinco de Mayo they have ever experienced. Many will not be allowed to celebrate it…

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Facebook Reminds Restaurant Owners to Prevent Fake Reviews

  Facebook will be ramping up enforcement of fake reviews of restaurants this year, company executive Nicola Mendelsohn told BBC Radio today. She sympathized with restaurants looking to reopen due…

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Coffee Chains Assist Front-Line Workers with Free Drinks, Masks

For some coffee drinkers, walking into Starbucks is as normal for their everyday routine as regulars strolled into the 1980s sitcom “Cheers.” Baristas know their customers’ go-to drinks and names…

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4 Things to Consider When Choosing Your Restaurant Location

One of the most vital elements to a successful restaurant is its location. The location of a business is designed not just to attract a patron base, but also to…

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Many Restaurants Opt Out of Reopening

Although restaurants in several states will be allowed to serve seated customers in dining rooms this week, many owners are opting out. Even in states that have allowed takeout and…

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New Safety Guidance for Dining Room Reopenings

Hundreds of restaurants restarted dine-in service today in Texas. Thousands of dining rooms are open in Georgia since Governor Brian Kemp allowed reopenings on Monday. In dozens of other states,…

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Restaurant Workers Prepare for Reopenings

Furloughed restaurant employees are eager to get back to work as restrictions are lifted state-by-state. In Georgia, Mississippi, and the Dakotas, some have already returned. Alabama, Tennessee, Iowa, Montana, and…

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Restaurants Rally on Vaccine News, Reopening Plans, Fed Support

Shares of restaurant conglomerate Brinker International, owner of Chili’s and Maggiano’s, rallied 30% today. Other publicly traded restaurants traded higher across from the board: Del Taco rallied 8%, Denny’s rallied…

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Economic Data Arrives for the Food Service Industry

The Bureau of Economic Analysis released data today showing the true state of the economy for restaurant owners. Gross Domestic Product for the first three months of 2020 contracted at…

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