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Peter Romeo

Editor at Large

Articles by
Peter Romeo

Page 124
Financing

Fewer NYC restaurants were able to pay full rent in August

About a third could not pay any rent at all, according to a study by the New York City Hospitality Alliance.

Financing

Chris Pappas weighs making a bid for Luby's

Securities documents show that no offer has yet been made, but due diligence is underway.

Operations

More than half of NYC residents would consider a restaurant subscription, study finds

The survey also found that 5% would check out that model if it'd help a favorite restaurant stay afloat.

Operations

Restaurant dining is about to resume in San Francisco

City officials did not set a date for dining rooms to reopen, but said it will come after Sept. 30.

Financing

J. Alexander’s sales surge in September

Sales have recovered to more than 90% of pre-COVID levels. Management says August was the turning point.

Operations

Texas raises restaurants' indoor seating cap to 75%

Gov. Abbott also eased requirements that menus and condiment packages be single-use.

Financing

NLRB refuses to reopen McDonald's joint-employer complaint

The move comes as the franchise community is awaiting action to overturn last week's bombshell court decision.

Technology

Curbside service shifts into the fast lane

Delivery was supposed to be the big gainer of the pandemic. But operators have discovered that an old service coupled with new technology is what they’re seeing as a greater sales opportunity.

Operations

NYC independents get a go-ahead to levy a 10% COVID surcharge

The measure would extend through the full reopening of dining rooms. It would not be available to chain restaurants.

Operations

Cracker Barrel tries new ways around capacity caps

The chain will begin tests later this month of grab-and-go service and free-standing catering kitchens.

Operations

Federal judge curbs Pennsylvania's ability to close restaurants over COVID

The decision also overturns a 25-person cap on dining room capacities.

Leadership

Cracker Barrel rebuffs Sardar Biglari with a board appointment

Management also reported that sales have rebounded to within 28.2% of pre-pandemic levels.

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