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sales

Marketing

World Cup proves a big score for NYC restaurants

 By Peter Romeo on Jan. 03, 2023

The soccer tournament provided a sales lift for 75% of the city's restaurants and bars, according to the New York City Hospitality Alliance.

Financing

Consumers are still spending on food

 By Jonathan Maze on Dec. 16, 2022

The Bottom Line: Despite high prices, people are not cutting back on food spending. And restaurants remain a strong source for consumers’ dollars.

Consumer Trends

Cracker Barrel says it's winning back silver-haired fans without discouraging young newcomers

By Peter Romeo on Dec. 02, 2022

The highwayside family dining restaurant chain also said it is growing its share among value-conscious consumers.

Operations

Subway’s latest restaurant format is a fridge

By Joe Guszkowski on Nov. 14, 2022

The chain will use the high-tech vending machines to sell more sandwiches in places like airports and college campuses.

Financing

Subway says its latest menu refresh is driving even more sales

By Jonathan Maze on Oct. 12, 2022

The sandwich giant says its restaurants’ same-store sales rose 8.4% in the third quarter, with September particularly strong.

Financing

Inflation is apparently turning customers onto McDonald’s

By Jonathan Maze on Oct. 10, 2022

Data from Placer.ai shows the burger chain’s traffic is beating the broader restaurant industry and its fast-food competitors. Economic downturns are traditionally good for the company.

Topics

An aging population presents traffic challenges for restaurants

Sep. 30, 2022

Technomic’s Take: Baby Boomers are dining out less often as they’ve aged. That’s a potential problem for restaurants as population growth stagnates.

Technology

How third-party delivery solutions help drive sales while reducing labor costs

Sponsored content from our partner DoorDash on Sep. 20, 2022

The pandemic undeniably led to consumers ordering restaurant delivery in record numbers. Now, as dining rooms have opened many consumers have headed back to their favorite eateries; still delivery remains a huge part of many restaurants’ business.

Financing

Are high grocery prices helping restaurants? Maybe

By Jonathan Maze on Sep. 15, 2022

The Bottom Line: Sales at restaurants and bars have been outpacing that of retail for much of the year. Prices may be playing a role, but it’s not entirely clear.

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.

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