Operations

What restaurant operators might like about the Big, Beautiful Tax Bill so far

Working Lunch: In this week's political podcast, Aaron Frazier of the National Restaurant Association breaks down how the tax and spending bill approved by the House could impact the industry.

In this week’s Working Lunch, Joe Kefauver and Franklin Coley of Align Public Strategies hear from Aaron Frazier, vice president of public policy for the National Restaurant Association, who breaks down the Trump Administration’s so-called Big, Beautiful Tax Bill, as approved by the House last week.

And more on the Make America Healthy Again, or MAHA, movement and what restaurant operators should be watching.

 

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Financing

KFC U.S. same-store sales disappear from Yum Brands’ earnings report

The Bottom Line: The restaurant chain operator has increasingly kept its attention focused on Taco Bell and KFC international. But its most recent report stopped breaking out U.S. same-store sales results.

Operations

The number of independent restaurants declined by 2.3% in 2025

That drop reflected a net loss of about 9,500 restaurant locations due to an increasingly challenging operating environment. Chain restaurants, however, fared a bit better.

Food

Farmer J bucks the bowl trend with chef-driven Fieldtrays

Behind the Menu: The fast-casual British import is generating a following in New York City with curated dishes that customers build into well-balanced, flavorful meals where each component has its own space.

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