OPINIONOperations

5 jaw-dropping facts about the state of restaurants

Reality Check: This year's mother of all industry forecasts is packed with tidbits that are likely to surprise. Here are five we found in the National Restaurant Association's State of the Restaurant Industry report.

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Financing

In Hooters, another example of private-equity excess

The Bottom Line: The casual-dining chain’s owners loaded the company up with too much debt coming out of the pandemic. The result was a predictable bankruptcy.

Technology

The restaurant disruptors that weren't

Tech Check: Ghost kitchens, Zume Pizza, Amazon Restaurants: They were supposed to transform the industry, but didn't quite catch on. Here's why.

Financing

Another thing for restaurants to consider: A GLP-1 pill

The Bottom Line: The drugmaker Eli Lilly this week said that tests of its GLP-1 pill could work just as well as injectable drugs like Ozempic. That could be huge, for the medication and for restaurants.