economy

Financing

Draft notice: Tapping the latest libations

More than beer is being drafted these days at restaurants and bars. Sparkling wine, liquor, cocktails, cider and kombucha are all flowing from taps.

Secrets to a happy franchise marriage

Relations between franchisee and franchisor have always been a make-or-break dynamic for restaurant chains. But the prescription for a mutually lucrative partnership has been scrambled a bit by the Great Recession.

OKLAHOMA CITY (January 24, 2012)—As part of its continued commitment to sustainable practices, US Foods announced its Oklahoma City Division is using five...

For operators, lunch can be one of the most unpredictable meals of the day in terms of what builds traffic. However, new research from Technomic aims to cut down on the mystery. Targeted at Millennials (ages 18-34), the study suggests that value is the number one motivator in eating out for lunch. Unlike Baby Boomers and older generations who tend to look at health and quality, the Millennials are focused on finding the best deal.

CHICAGO (January 26, 2012 - PRNewswire)—The lackluster economy may have dampened growth for the restaurant industry at large, but fast casual restaurants...

Casual restaurants charged about a dollar less last year for a la carte lunch entrees than they did in 2010, underscoring operators’ fear of midday sticker shock, according to data released by Intelliprice, a Boston-based research firm.

A restaurant incubator grows in Dallas. Honesty is the best idea at Wendy’s. Another startup makes it easy for restaurants to give to the needy. And more from The Week in Ideas.

The Culinary Institute of America holds four career fairs a year at its Hyde Park, NY campus. On February 7, the CIA hosted its largest fair in four years—a sign that indicates the economy is on it's way to recovery and the food industry is leading the surge in job creation, so the college believes.

The sluggish economy of the past few years has led to a steady loss of traffic share by independent restaurants, according to research by The NPD Group. But the indies' loss equals a small gain for the major restaurant chains.

While not exactly rolling in dough, the pizza category is experiencing modest growth, according to a 2011 report from Mintel. Pizza is affordable, convenient and a canvas for variety—three favorable factors in today's challenging economy.

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