You Searched For "restaurant industry" and got 18 results
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6 mins read
The poisoned chalice of restaurant popularity
New research shows restaurants that won major awards like a Michelin star were more likely to close…
Emily Stewart
2 mins read
McDonald's wants to make flatulent cows less of a problem for the environment
A McDonald's meat supplier will use a new corn feed that could reduce the environmental impact of r…
Alex Bitter
2 mins read
A London chef criticized diners who just get water and share dishes. He says it's about the atmosphere, not the money.
A London restaurateur's complaint about diners who don't spend much has sparked debate online, amid…
Mia Jankowicz
3 mins read
China's luxury slump is trickling down to other consumer companies
Companies like Starbucks, Nike, and Estée Lauder have reported falling sales in China as weak consu…
Madeline Berg,Huileng Tan
3 mins read
It's been another bad quarter for the fast-food industry. Burgers and pizza are too expensive, and Americans just don't want to splash out.
Fast-food giants like McDonald's, Starbucks, and KFC reported drops in comparable US sales. In part…
Grace Dean
2 mins read
A Cracker Barrel hostess reveals how the restaurant tries to sell you more food
A Cracker Barrel hostess said she tries to sell more food by approaching diners with trays of packa…
Alex Bitter
4 mins read
The chicken sandwich wars are over. Make way for the chicken tender battle.
Chicken tenders are the new focus for fast-food chains. KFC just launched tenders to capitalize on …
Erin McDowell
2 mins read
Denny's is closing 150 locations in the latest sign of the squeeze on family dining
About 50 restaurants will be shut this year with the other 100 closing in 2025 in an attempt to rai…
Nora Redmond
4 mins read
The US is facing a drugstore graveyard as stores close. Filling the leftover spaces is the next challenge.
It's not always obvious which businesses can slot into the space left over after a pharmacy closes …
Alex Bitter,Dominick Reuter
4 mins read
LVMH had a rough week. That's a bad sign for the luxury sector.
The Dior and Louis Vuitton owner reported disappointing earnings. As LVMH is a bellwether for the l…
Madeline Berg
1 min read
One private-equity firm controls more than a dozen of the biggest restaurant chains
From Subway to Arby's to Dunkin', Roark Capital Group owns almost 20 major US restaurant chains.
Alex Bitter
3 mins read
Sorry fast food fans — your burger is only going to get more expensive
Beef has hit record highs, pushing up prices for burgers and steaks at fast food chains and restaur…
Nora Redmond
2 mins read
There's a silver lining to California's $20 fast-food wage, restaurant bosses say: it's attracting better workers
But the effects of this could be short-lived, as other businesses are expected to boost wages to co…
Grace Dean
2 mins read
Diners are cutting back on weekday meals out so that they can spend more on the weekends instead, a restaurant CEO says
Jim Holthouser said GoTo Foods' most frequent customers were "hanging in there" but overall the ave…
Grace Dean
2 mins read
Restaurant sector expected to turn around after tough Q1: Speciality Restaurants CMD
The restaurant industry faced temporary headwinds such as high food inflation and people dining out…
PTI
2 mins read
McDonald's is removing its AI drive-thru voice-ordering system from over 100 restaurants after its mishaps went viral
McDonald's partnered with IBM in 2021 to install the technology at dozens of locations. It let cust…
Lauren Edmonds
3 mins read
6 luxury brands, from Coach to Gucci, that have gotten into the restaurant game
Dior, Ralph Lauren, and Louis Vuitton and among the luxury fashion brands that have opened restaura…
Kelsey Vlamis
4 mins read
Starbucks' new CEO wants people to hang out in stores, but some workers say his plan has a big problem
Starbucks' mobile orders are a challenge for the coffee chain, some store employees said, as its ne…