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Morton's

Food

Menu news of the week: Nov. 25, 2019

Chefs and operators are busy this week gearing up for the season.

Top 500 Chains

Morton's The Steakhouse

Get Top 500 data: sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomic’s analysis, growth forecast and more.

The math is simple: A strong economy = strong steakhouse business.

The regional concern, Waitr, will serve the 600 or so restaurants in Landry's fold.

The steak category grew sales by 2.9%, to $11.2 billion, and units by 0.7%, to 2,767.

Landry’s fine-dining brand serves up USDA prime steaks, fresh seafood and rich desserts

More than half of the restaurant industry’s $491 billion in sales come from the Top 500 chains. And these giants grew at a modestly stronger rate, both in terms of sales and store counts, than the industry overall. Restaurant Business focused on the leading 250 performers to identify trends for our first-ever special report delivering lessons from Technomic’s annual Top 500 Chain Restaurant Report. This special package includes lessons for all operators from the largest chains by segment, menu category and more.

Touts a classic steakhouse experience with quality steaks, fresh seafood, decadent desserts and superior service

When the happy talk is all about taxes, you know this was a good spell for restaurants. Also on the plus side: a cover-up for breastaurants, a lovefest for the big burger chains and bitcoins make an inroad.

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