sales

Financing

Restaurant sales expected to increase this year, but volatility will continue

The National Restaurant Association is projecting the industry to generate a record $898 billion in sales this year, according to its State of the Restaurant Industry report. But labor and food cost challenges remain.

Leadership

2021 Pacesetter Award goes to Freddy’s Frozen Custard & Steakburgers

The fast-growing fast casual was honored for accelerating systemwide sales and franchise expansion.

From the Editor: RB+ subscribers will now get access to our new page tracking publicly-traded chains’ quarterly results, along with key analysis.

The Bottom Line: Higher prices and demand for celebrations have taken steak chains to new heights. A look at the winners and losers from Q3.

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.

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

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

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.

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

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

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