restaurant costs

Data from Georgia’s First Two Weeks of Dining Room Reopenings

Georgia Governor Brian Kemp allowed restaurant owners to reopen for dine-in service on April 27. As the first state to reopen, Georgians have now generated two weeks of data and…

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Restaurant Owners Unite for Support, Bargaining Power

As one of the most negatively impacted industries, owners of restaurants are joining together as they begin their long road to recovery. “We need to come together. Great to see…

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Restaurateurs Leverage Excess Alcohol for Cash Flow

Faced with mounting bills, many restaurant owners have been selling down their bottled reserves. Benefiting from long shelf life, unopened alcohol bottles are usually the most valuable tangible assets aside…

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Food Servicers Launch Direct-to-Consumer Offerings

Most consumers have never purchased anything from a food servicer directly, but that has suddenly changed. This morning, PepsiCo launched two new websites, PantryShop.com and Snacks.com, where shoppers can purchase…

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Restaurant Same-Store Sales and Unemployment Data Arrives

Generally speaking, everyone knew the month of April would be terrible for the economy, but we now have the official numbers. U.S. employers cut 20.5 million jobs in April. The…

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Industry Notes from the CEO of World’s Largest Food Distribution Company

Sysco is the largest food service distribution company in the world, selling over $50 billion of food annually to restaurants, hotels, hospitals and concert venues. CEO Kevin Hourican appeared this…

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Restaurant Owners Prepare for Mother’s Day, Examine Fees

Last year, a National Restaurant Association survey claimed that 87 million Americans planned to dine out on Mother’s Day. Due to coronavirus disease 2019 (COVID-19) infecting more than 1.17 million…

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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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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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Trump Guarantees Restaurants’ Meat Supply with Defense Production Act

For steakhouses awaiting the opportunity to reopen their dining rooms in May, today’s developments offer some reassurance. On Sunday, Tyson Foods published full-page advertisements in major newspapers indicating that its…

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