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Peter Romeo

Editor at Large

Articles by
Peter Romeo

Page 145
Operations

Cheesecake says off-premise sales could hit $3M per unit

Takeout and delivery business recently jumped 85%, but comps for March fell 46%.

Leadership

Rosati’s co-founder Fred Rosati dies at 102

The transplanted New Yorker opened his first pizzeria in Chicagoland in 1964.

Financing

Dine Brands stockholders to vote on spinning off IHOP

The Applebee's parent has a proxy resolution calling for the company's two brands to be split.

Operations

Sales at Chili’s drop to a third of usual volume

Delivery and takeout business has more than doubled, but off-premise is generating only about 30%-35% of former sales levels.

Financing

How to apply for federal relief loans

Here's the process as it applies to restaurants.

Workforce

N.C. restaurant workers offered $500 in aid

A new program from the North Carolina Restaurant and Lodging Association is offering the funds for immediate relief based on need and longevity.

Operations

Logan’s parent fires its furloughed employees

The move comes after bankruptcy-court supervisors fired CEO Hazem Ouf and CFO Jim Lebs for paying sales taxes without permission.

Operations

Chuy’s, Ruth’s Chris adopt extraordinary measures

Staffs have been furloughed, salaries have been cut, and cash has been pooled.

Operations

Restaurant damage to date: $25B in sales, 3 million jobs

New research shows the impact has been particularly severe for operators in New York—a possible preview of what’s to come in other areas.

Topics

Coronavirus heroes and villains

The COVID-19 crisis is as much a test of character as it is of financial resilience. And some parties are clearly failing.

Operations

10 days that changed the restaurant industry

For much of March, the threat of COVID-19 grew as the infection spread. On March 11, that problem became very real for thousands of restaurant operators and millions of employees, beginning a 10-day period unlike anything the industry has ever seen. The business may never be the same.

Workforce

Fund formed to provide $500 in aid to restaurant workers in need

The relief program has been formed by the National Restaurant Association’s Educational Foundation in collaboration with leading industry suppliers.

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