Restaurant Business Exclusive Content
As grocery prices take off, restaurants’ sales improve
The Bottom Line: Sales at restaurants and bars are now at a higher percentage of Americans’ food dollar than they’ve ever been. They can thank higher grocery prices for that.
McDonald’s Russia closure is a rare international setback
The Bottom Line: The burger giant has flourished in international markets even as its U.S. growth slowed. But its $1.4 billion decision to pull out of the market demonstrates the risk of global expansion.