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Financing

Colorado suspends restaurants' sales-tax payments

 By Peter Romeo on Jul. 08, 2022

Hospitality establishments can deduct their sales from what they owe the state, up to $70,000 per month. The break expires at the end of September.

Financing

The restaurant industry is splitting in two

 By Jonathan Maze on Jun. 27, 2022

The Bottom Line: The business is increasingly bifurcating. Fast-food restaurants are focused on speed and production. But demand for experiential dining remains high. Those in between may struggle.

Financing

Consumers say inflation is causing them to eat out less often

By Jonathan Maze on Jun. 21, 2022

More than eight in 10 consumers say they are cutting back on restaurant visits as evidence of spending shifts continues to grow.

Financing

Restaurants recover from the pandemic, but things are far from normal

By Jonathan Maze on Jun. 14, 2022

The Bottom Line: Looking at three years’ worth of same-store sales suggests the industry has recovered. But all of it is coming from price, suggesting chains are still losing customers.

Financing

Inflation has the middle class already planning restaurant cutbacks, study finds

By Peter Romeo on Apr. 20, 2022

A survey of middle-income households shows 57% anticipate buying fewer takeout and dine-in meals.

Financing

The pandemic continues to wallop business travel, lodging association says

By Peter Romeo on Apr. 19, 2022

Hotel revenues from corporate customers are projected to fall $20 billion below the 2019 level.

Marketing

Restaurants are in the dark about daylight savings

By Peter Romeo on Mar. 22, 2022

Plus, Restaurant Rewind looks at past efforts by full-service operators to enter the drive-thru business.

Financing

How a small chain is coping with the tough operating environment

By Jonathan Maze on Mar. 02, 2022

A Deeper Dive: Jason Morgan, CEO of Original ChopShop, joins the podcast to talk about expanding in a tight labor market without compromising unit economics.

Financing

Subway’s unit volumes hit an 8-year high in 2021

By Jonathan Maze on Feb. 22, 2022

The sandwich giant’s average unit volumes were their highest since 2014 and same-store sales were flat compared with 2019. But hundreds of stores are still closing.

Financing

More evidence of a faltering restaurant recovery

By Jonathan Maze on Feb. 17, 2022

Industry sales declined for the third time in four months in January, according to new federal data. And the slowdown appeared to accelerate.

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