economy

PFG Looking to Expand in Victoria

By Restaurant Business Staff on Jan. 07, 2010

Victoria, Texas (January 6, 2010)—Performance Food Group in Victoria is looking to expand. Their current cooler space is near capacity. Their clientele in...

Restaurant Owners Brace For Oil Slick Impact

By Restaurant Business Staff on May 06, 2010

JACKSON, Miss. (May 5, 2010 - ABC WAPT.com)—Seafood restaurants in central Mississippi are bracing for higher seafood prices and shortages. Depending on...

Cutting up with the pros

By Restaurant Business Staff on Aug. 29, 2010

Three meat industry mavens share their strategies for purchasing and menuing underutilized cuts: Scott Popovic, corporate chef with Certified Angus Beef,...

SEED selects Taunton distribution co. as 'Small Business of Year'

By Restaurant Business Staff on Nov. 29, 2010

TAUNTON, Mass. (November 24, 2010)—Food distributor, Rich's Transportation Services Inc. of Taunton, has been selected as the South Eastern Economic...

Technomic Top 500 Annual Report Details Rebound in Chain Restaurant Growth Rates

By Restaurant Business Staff on Mar. 16, 2011

CHICAGO (March 14, 2011 - Business Wire)—The 500 largest U.S. restaurant chains registered an increase in sales, posting 1.8 percent annual sales increase...

Independents Trying To Lure Customers Away From Chains

By Restaurant Business Staff on Sep. 26, 2011

CHICAGO (September 26, 2011- PRNewswire)—Battling with low operator and consumer confidence, rising food costs and a lack of corporate support, independent...

Have and Have-Not Consumers Cutting Back On Dining Out

By Restaurant Business Staff on Apr. 04, 2012

CHICAGO (April 4 , 2012)—The much hyped growing divide between the have and the have-not consumers is evidenced in the different ways each group use...

Leadership

7-Eleven CEO talks change, not encroachment

By Steve Holtz on May 01, 2013

The CEO of 7-Eleven could have boasted about the inroads his chain has made into a market that was once owned by attendees of the Restaurant Leadership Conference. Joe DePinto certainly had the sales numbers to support a little braggadocio: $2.7 billion from fresh food, $5 billion from beverages, 1 million cups of coffee, 100 million fountain drinks.

A real labor-cost worry

By Peter Romeo on Mar. 17, 2014

A Presidential directive to raise managers’ pay is getting far less attention than the push to hike hourlies’ wages, and that’s a head-scratcher.

Behind bars

By Thomas Henry Strenk on Jul. 29, 2014

While statistics are hard to come by, one liquor-auditing service estimates that bar losses equal about 23 percent of the bottom line.

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