You Searched For "restaurant industry" and got 20 results
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4 mins read
Restaurants in Delhi-NCR face the heat as summer business drops by up to 40 per cent
When the sun beats down, temperatures cross 40 degrees Celsius and a scorching summer seems even mo…
PTI
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
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
1 min read
The 91-year-old owner of the iconic Hollywood Arby's has closed the restaurant after 55 years due to the pandemic and California's $20 minimum wage
Since the Arby's restaurant opened in January 1969, it had only had one owner: Marilyn Leviton, now…
Grace Dean
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
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
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
2 mins read
A person was taken to hospital after a gallon of ammonia was spilled in a Gordon Ramsay restaurant
One person was taken to hospital, Naperville's deputy fire chief said. Staff were able to return to…
Grace Dean
1 min read
Your mac and cheese is about to get cheesier, and you can thank the sad state of the economy for it
"Pillsbury biscuits will be flakier, Annie's mac & cheese will be cheesier, and Betty Crocker fudge…
Shubhangi Goel
2 mins read
How Chick-fil-A is so successful, selling nearly 5 times as much per restaurant as Taco Bell
The average stand-alone Chick-fil-A restaurant made a whopping $9.3 million in sales last year, pow…
Dominick Reuter
2 mins read
Olive Garden's parent company says it's luring diners in by not raising prices as much as rivals even if it's not offering hefty discounts
Darden execs said Olive Garden's same-restaurant guest counts topped industry benchmarks, even thou…
Grace Dean
5 mins read
Water crisis affects businesses across Bengaluru; Is there room for cautious optimism?
Bidding to reduce their reliance on the exorbitant tankers — a necessary step after the exhaustion …
2 mins read
Diners are ditching pricey fast food for casual-dining chains, CEO of Olive Garden's parent company says
Rick Cardenas, Darden Restaurants CEO, said casual chains like Chili's and Applebee's seem to be ha…
Kelsey Vlamis
3 mins read
Fast-food restaurants in California are laying off workers to prepare for the $20 minimum wage hike
Two Pizza Hut franchisees in California are among those who are laying off workers, federal WARN fi…
Grace Dean
6 mins read
The luxury conglomerate behind Cartier is beating LVMH at its own game
Richemont is having a moment. The Swiss conglomerate is beating LVMH at its own luxury game thanks …
Madeline Berg
3 mins read
IHOP-Applebee's combo restaurants could be coming, but history shows making them work could be tough
Combination restaurants like Taco Bell-Pizza Huts haven't traditionally been a big success. That's …
Alex Bitter
3 mins read
A California restaurant owner says he'll 'absolutely' have to put up wages to compete with fast-food chains now paying $20 an hour
"Why wash dishes for $15 or $17 if I can go get $20 flipping burgers at McDonald's," California res…
Grace Dean
2 mins read
We finally have some evidence that California's new $20 fast food wage is hurting business
New data shows that foot traffic to California fast-food chains declined in April and May after the…
Grace Dean
2 mins read
Starbucks is copying the fast-food value playbook with its new $5 and $6 breakfast combos
Bundling has long been a standard practice in the fast-food industry, but it's a surprise move for …
Grace Dean
1 min read
TGI Fridays may have found a surprising solution to its struggling business
TGI Fridays called the new hotel-based restaurant "core to the brand's transformation strategy" aft…