You Searched For "restaurant recession" and got 20 results
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3 mins read
The restaurant industry looks headed for recession - and this should make everyone nervous
"Today, we adopt a Bearish outlook for Restaurants as we confidently believe that, at a minimum, th…
Myles Udland
2 mins read
Congress is weighing a fresh stimulus package for restaurants and other businesses as Omicron rages
The government might send out money yet again during the pandemic — but it won't be stimulus checks…
Juliana Kaplan,Joseph Zeballo…
2 mins read
Outback parent company announces dozens of restaurant closures as threat of restaurant recession looms
Last week, the company said it would close 43 underperforming restaurants in a presentation to inve…
Mary Hanbury
2 mins read
Starbucks just signaled a terrifying sign for the economy
"The sales slowdowns have even reached Starbucks, a company that: 1) continues to execute on the pr…
Hayley Peterson
3 mins read
Grocery stores are becoming the fast-food industry's biggest threat
"If I'm not mistaken, it's the biggest gap we've seen [between food at home and food away from home…
Hayley Peterson
3 mins read
Americans' new eating habit is crushing the restaurant industry
"The softness in the US market is disappointing given the initially positive reaction to menu chang…
Hayley Peterson
2 mins read
America has a new lunch habit that's hurting McDonald's
Grocery prices have been falling, and as a result, a growing number of Americans are choosing to pa…
Hayley Peterson
3 mins read
Customers developed a new habit during the recession - it's killing Applebee's and Buffalo Wild Wings
In 2016, Applebee's convinced franchisees to spend $40 million on a brand revamp to compete with fa…
Kate Taylor
5 mins read
A perfect storm of anxiety and the death of the American dream are transforming chains like Applebee's and TGI Fridays
Restaurant industry consultant Malcolm Knapp says this dissatisfaction with dining out is linked to…
Kate Taylor
1 min read
ROSENBERG: Restaurant Sales Haven't Looked Like This Since The Start Of The Last Recession
While receipts at the grocery chains were up sharply, restaurants posted a 0.7 percent decline and …
Sam Ro
2 mins read
Giving $1,000 to every American adult won't do much to offset the coronavirus slowdown, former Fed advisor warns
However, the rapid spread of the virus - which causes a disease called COVID-19 - has spurred offic…
Theron Mohamed
4 mins read
Unlike recent recessions, office jobs are most at risk of layoffs in the coming economic downturn
Remote-friendly firms fared the best as the US fell into lockdown. Now it's the "pajama-pants occup…
Ben Winck,Madison Hoff
3 mins read
Meet the 'K-shaped' recession, where professional workers are largely fine and everyone else is doing awful
During Tuesday evening's presidential debate, moderator Chris Wallace asked Trump and Biden about t…
Allana Akhtar
1 min read
These 4 stunning charts show just how quickly the coronavirus outbreak decimated key US industries
Economic activity faces threats from supply chain disruptions and stay-at-home orders across the US…
Ben Winck
2 mins read
Higher wages will actually be good for fast food restaurants
During the depths of the recession, restaurant operators experienced a material moderation in labor…
Corey Stern
2 mins read
Goldman Sachs officially predicts a coronavirus-driven recession will hit the US, sees GDP shrinking 5% in 2nd quarter
The bank revised its quarterly gross domestic product estimates in a Sunday note, lowering its expe…
Ben Winck
1 min read
The Restaurant Industry Still Hasn't Recovered From The Recession
Consumers made 61 billion visits to restaurants in the year ending May 2014, which is roughly 2 bil…
Hayley Peterson
2 mins read
Restaurants rehired nearly 1.4 million workers in May. Here's why that number may be less impressive than it sounds.
Seasonality, stimulus checks, and small business loans may have all played a role in May's restaura…
Irene Jiang
2 mins read
Applebee's restaurants are disappearing across the US
DineEquity reported fourth quarter earnings this week. Revenue was down 10% to $154.2 million from …
Mary Hanbury
2 mins read
Red Lobster is falling back on a classic item to fend off a looming restaurant recession
Since being taken private three years ago, Red Lobster has made investments in food quality and tak…