Restaurant
More Pain Ahead for Landlords as Restaurant Bankruptcies Poised to Balloon in Coming Months
Source: CNBC / Lauren Thomas/ Amelia Lucas Industry analysts and restructuring experts say another wave of restaurant bankruptcies is looming, as government funds run out and the cooler months roll around, making outdoor dining less viable. “Pre-pandemic, you were already over-saturated with restaurants,” said Michael Jerbich, president of B. Riley Real Estate. “Then the pandemic…
Read MorePopeyes’ Next Act: Become a Global Icon
The chicken chain has had one of the most incredible years in quick-service history. What’s the follow-up? Becoming a household name all over the world. FAST FOOD | AUGUST 2020 | SAM OCHES POPEYES Is a Popeyes takeover coming? McDonald’s Big Mac. Burger King’s Whopper. KFC’s Original Recipe. Arby’s Classic Roast Beef. Dairy Queen’s Blizzard. The…
Read MoreCracker Barrel Trimming Menu to Make Room for New Dishes – NRN
Source: Nations Restaurant News| Nancy Luna @fastfoodmaven Cracker Barrel Old Country Store is joining the growing list of restaurant chains deleting menu items to simplify operations during the coronavirus pandemic. The Lebanon, Tenn.-based comapny, which reported a 41.7% decline in same-store sales in the second quarter, has streamlined its menu for both guests and employees by…
Read MoreRestaurants Embrace Social Distancing
National Retail Federation | Karen Kroll With the COVID-19 pandemic showing little sign of letting up, the need to social distance is likely to remain for a while. That creates challenges for many businesses, particularly restaurants. After all, part of the fun of eating out comes from soaking in the energy of the crowd and…
Read MoreATTENTION RESTAURANT OWNERS AND INVESTORS
If you are looking for a WINNING restaurant concept that would be 1) first to market, 2) family-friendly yet very cool 3) will possess a great opportunity for expansion, I would like to speak with you! In my work as a commercial broker specializing in restaurant and retail concepts, I rarely see concepts that make…
Read MoreAlabama Orders All Bars Restaurants to go Take Out Only:Expanded Statewide
By Leada Gore | lgore@al.com The Alabama Department of Health has ordered all Alabama restaurants and bars to go to take-out only, part of a sweeping set of regulations designed to curb the growth of coronavirus. A similar order was already in place for Jefferson, Tuscaloosa, Walker, Blount, St. Clair, Shelby and Mobile counties. The…
Read MoreWhy Solo Diners Matter for Restaurants
MORE CONSUMERS ARE DINING ALONE. CAN RESTAURANTS ADAPT TO THEIR SOLO NEEDS QUICKLY ENOUGH TO KEEP THEM COMING BACK? Original article by LIZ BARRETT FOSTER Solo travelers, single-person households, and solitary diners are making their mark on several industries ranging from consumer goods to tourism to restaurants. As consumers become busier and more stressed, even…
Read MoreThe Recipe for Instagram-Friendly Restaurant Design
About 30 million Americans classify themselves as “digital food enthusiasts,” or those who use social channels to connect to food, and believe dining and tech go together like salt and pepper. That’s according to a white paper by consumer intelligence firm Maru/Matchbox, and it’s one way of explaining why so many diners—particularly millennials and Gen Z—are as…
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