sales

By Jonathan Maze on Oct. 15, 2021

Despite store closures and 1 million fewer workers, sales have more than recovered from the pandemic. Higher prices and more takeout have made the business more efficient, says RB’s The Bottom Line.

Operations

NY restaurant group intends to clear a way for onsite sports betting

By Peter Romeo on Sep. 29, 2021

The New York State Restaurant Association is working with a technology company to develop a model acceptable to all.

Financing

Audit finds restaurant tech being widely used to cheat on taxes

By Peter Romeo on Sep. 27, 2021

A California Department of Tax and Fee Administration study found 19% of the state's restaurants used zappers to under-report sales.

Financing

Subway takes a victory lap

By Jonathan Maze on Sep. 21, 2021

The sandwich giant says its sales are the best it’s had in years following its brand refresh and new ad campaign but the numbers show some stores are still far behind.

Financing

Restaurant sales were flat in August, even as coronavirus surged

By Jonathan Maze on Sep. 16, 2021

Industry sales growth slowed but did not decline last month, as consumers still flexed their spending muscle.

Financing

Sales slowed in August as delta variant surges

By Jonathan Maze on Sep. 10, 2021

Yet same-store sales were still positive, according to Black Box, as consumers continued dining at restaurants.

Premium

Consumer Trends

Where the restaurant industry stands 18 months into the pandemic

By Peter Romeo on Sep. 01, 2021

A snapshot just released by the National Restaurant Association shows a business solidly in recovery mode, but with uncertainties arising because of the delta variant.

Financing

Consumer confidence sinks, but industry sales remain stable

By Jonathan Maze on Aug. 31, 2021

The index hit its lowest level since February as the delta variant spreads. Other data show reluctance to visit restaurants. But Black Box data remains strong.

Financing