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Biography

Peter Romeo

Editor at Large

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Peter Romeo is director of digital content of the foodservice group of Winsight Media, with responsibility for the content of Restaurant Business and FoodService Director magazines, RestaurantBusinessOnline.com, and the Restaurant Leadership Conference. The multi-media job caps a 34-year career as a business journalist, including 28 years as a chain-restaurant specialist for such information channels as Nation’s Restaurant News, QSR magazine, and the website of the National Restaurant Association. Romeo’s columns during an earlier stint at Restaurant Business earned him two Jesse H. Neal Awards, business publishing’s equivalent of the Pulitzers. He graduated from New York University in 1979 with honors in history and journalism, and was inducted into Phi Beta Kappa. He resides in the New York City suburb of Port Washington with his wife, Holly Klokis; four rescued greyhounds; and four ne’er-do-well, slightly nervous cats.

Articles by
Peter Romeo

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Financing

New York launches $35M program to promote restaurant hiring despite the tight market

Qualifying restaurants will be granted a $5,000 tax credit, payable ahead of their tax filing, for every net new position they add.

Topics

What cost pressures? Outback's parent sees significant Q2 margin growth

Bloomin' Brands posted an average rise in restaurant-level operating profits of five percentage points.

The casual chain reserved $1.8 million from its second-quarter earnings to cover the cost of throwing away unsold suds.

Restaurants and other small businesses would be reimbursed for paying workers who need time off to have their families vaccinated.

Same-store sales in July rose 25.5% over 2019, but management warned investors that margins are still under pressure because of labor and commodity inflation.

The fines and back pay extend back to the first day Chicago's law went into effect. The penalty is the largest ever assessed for violations of the city's labor laws.

Reverting back to a looser standard is likely to expose more franchisors to litigation arising from franchisees' labor practices.

The P.F. Chang’s veteran will also be involved with a number of smaller affiliated restaurant brands, including Red Mango, Smoothie Factory and Souper Salad.

The streamlined web portal, which goes live on Aug. 4, is limited to borrowers of $150,000 or less.

The polished casual chain will invest in new database technology and the development of an "on-brand" loyalty program. Messaging will focus on raising awareness of the brand.

Staffing challenges aren't hampering sales, which are running 10% over pre-pandemic levels.

Its recommendation applies to the vaccinated as well as those who've opted not to be inoculated.

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