economy

A real labor-cost worry

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.

Financing

Restaurants’ new reality: ‘tax-rate shopping’

Sharp differences in state and local sales taxes are prompting both consumers and businesses like restaurants to alter their shopping patterns.

One-percenters may not be the ideal customers their income would suggest.

Here are a few important predictions for how, when and where people will spend their vacation dollars.

The economic backdrop for restaurant chains is changing, and smart franchisors will adjust accordingly, said Todd Jones, managing director of brand management and business development for GE Capital, Franchise Finance. He offered these specific tips for brands’ home office.

The Treasury delivered rules telling employers how they will need to track and report health care information to the IRS under the Affordable Care Act.

Carmike, operator of 252 movie theaters, recently reported a 7.3 percent fourth-quarter increase in sales and a $4.29 average spend per customer at concessions.

Nothing grabs attention like the fear of being poisoned at restaurants that are worshipped for their quality. Unless you’re talking about a vegan restaurant with ties to a cannibal.

Many millennials keep their weeknights jam-packed with work or activities, which leaves little time for after-hours socialization. Drunch, a mash-up of "drunk" and "brunch," has become the new dining trend for millennials.

Until The Home Depot opened its 500th store, co-founder and then-CEO Bernie Marcus personally trained every manager. “I don’t mean I spent a few hours with them and gave them a speech,” says Marcus, now age 84. “I spent days with them.”

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