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Peter Romeo

Editor at Large

Articles by
Peter Romeo

Page 10
Financing

How the once-mighty are falling in casual dining

Restaurant Rewind: Dominance within the full-service sector has shifted appreciably during the last 20 years. Here’s a look at how the balance of power has shifted, humbling two powerhouses in particular.

Operations

Efforts to grow the restaurant labor pool face a big challenge: Time

The industry has a number of initiatives underway to pull more potential hires into the field. But the setback of the pandemic and the need for scale are deferring the payoff.

Workforce

NYC operators sound off on ending the tip credit: 'Fugetaboutit!'

More than half the surveyed restaurateurs and club owners say they'd consider shutting down at least one of their operations. Nearly 9 of 10 contend it'd be a disaster.

Operations

NYC is forming a watchdog agency to regulate delivery services

Mayor Eric Adams says discussions are already underway to launch a Department of Sustainable Delivery for the city, noting it'd be the first of its kind in the nation.

Operations

Two kingpins of Philly's landmark Tony Luke's get 20 months in prison for cooking the books

Founder Tony Lucidonio and son Nicky underreported revenues and paid employees under the table for 11 years, cheating the IRS out of $1.3 million in taxes, according to the Justice Department.

Financing

As promised, the Midwest's Raydia distribution conglomerate is acquiring another broadliner

B+B Foods Distributors will function as a distinct entity within Raydia's expanding hold, with Scott Isles continue to lead the family-run operation.

Technology

Jersey Mike's gives artificial intelligence a try

The sub-sandwich chain is testing a system that fields phoned-in takeout orders and provides information about the menu and store.

Emerging Brands

Restaurant development surged to a new high in 2023

The data from the online dining guide Yelp shows that restaurants opened at a faster rate last year than they did in pre-pandemic 2019, led by Mexican restaurants and pubs.

Operations

Dave & Buster's is set to hit 'Play' on a new high-tech prototype

The prototype for the food-and-games restaurant chain incorporates sports bar-like features, private gaming areas and self-service beer taps.

Leadership

The National Restaurant Association's new chairman has a mission, and you're part of it

Jeff Lobdell, president of Michigan-based Restaurant Partners Management, believes that greater industry unity is key for restaurants to overcome the various issues they face.

Technology

Restaurants downshift on electric vehicle chargers

At least one early EV adopter reports strong marketing benefits, but a host of other advocates are showing more reserve about the prospects, at least for now.

Leadership

Having C-suiters spend time in stores is great—provided they know what's really going on

Restaurant Rewind: Here's how bad things can get when a visiting VIP employee doesn't have a firm grasp on what they've gotten into.

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