Economic Issues

Economy and Restaurants View All

In an early assessment of what restaurants can expect for 2014, Technomic is forecasting a slight uptick in sales for limited-service outlets and bars, but no change for full-service establishments.

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Coming off a 13.5 percent leap in same-store sales, the burrito chain is betting it can push prices upward by 3 to 5 percent without hurting sales or profits.

The trend in restaurant menus and operations is to give the customer more and more control over what they can order. But not all of them relish that responsibility, some observers say.

The President called out the Republican-controlled House yesterday on its inaction for the past year. 

First Domino’s unveils a new pizza that uses a bed of fried chicken instead of dough as a crust. Now KFC is bringing back its Double Down, a sandwich made with two chicken breasts in place of the bread.

Saying the effects of employer mandates are too important to be handled below the state level, Gov. Mary Fallin signed a bill yesterday that blocks towns, cities and counties from setting their own minimum wages or benefit requirements. The move is reminiscent of the so-called hamburger bill, the result of states trying to avoid a patchwork of menu-labeling requirements by outlawing any local legislation. 

At national chain Noodles & Co., it costs 29 percent more to add the shellfish to pastas this year, and shrimp-heavy dishes at places like the Cheesecake Factory Inc. are going up as well.

Americans rushed out to shop as frigid weather lifted in March, propelling retail sales at the fastest pace in a year and a half.