A lot happened in the restaurant industry in 2024. Restaurant chains closed locations and filed for bankruptcy. Others thrived. Technology became more important than ever and consumers evolved their tastes and habits. Here is a look at the year that was in the restaurant business and what to expect in 2025.
The 10 biggest stories of 2024
In a recessionary year for restaurants, stories of bankruptcies and sales challenges dominated the headlines. But some brands did pretty well.
Here are the luminaries restaurants lost in 2024
The year brought the deaths of such industry standouts as David Bouley, Walt Ehmer, Solomon Choi and Jasper White.
In 2024, restaurant chain bankruptcies dominated the news
Red Lobster and TGI Fridays led a year in which chains both big and small clogged bankruptcy courts. Here is a look at the year’s biggest bankruptcy filings.
Here's what restaurants really want this holiday
These aren’t the easiest of times. How about a fast forward on some of the new realities?
A weak year for restaurant acquisitions, except for Blackstone
The private-equity group, with the year’s two biggest deals for Jersey Mike’s and Tropical Smoothie, saved what was mostly a year full of bargain-basement deals and bankruptcy sales.
6 menu trends that rocked restaurants in 2024
We heard a lot about “swicy” and cheese pulls, but what else was trending both inside and outside restaurants’ walls?
Breakout products of the year on restaurant chain menus
New items and limited-time offers flooded restaurant menus in 2024, but these winners surged to the top in more ways than one.
2024 was a painful year for full-service restaurants
Many sit-down chains struggled. There were bankruptcies, closures and plenty of soul-searching. But there were some clear winners, too.
Fast casuals had a terrific 2024. Except for those that didn't
Wingstop, Cava and Raising Cane's beat all odds, and others had a pretty great year, despite road bumps. But for a few, it was pretty rough.
The biggest restaurant tech stories of 2024
AI, kiosks and delivery apps were the big winners. Loyalty programs and dynamic pricing had a weird year.
The 2024 restaurant vocabulary words that gave us the ick
From “swicy” to “servant leader,” here’s some of the industry jargon we hope not to see in 2025.
6 anvils likely to dangle over restaurateurs' heads in 2025
Everyone has a conviction about what’s ahead for the industry in the New Year. But it’s the uncertainties—the what-ifs—that should be top of mind.
As restaurants head into 2025, more economic uncertainty abounds
The operating environment and the economy should provide some tailwinds while the M&A market returns to normal. But tariffs and deportations could create some real headaches.
Exciting new independent restaurants coming in 2025
It's not clear what sort of macroeconomic climate the new year will bring, but big-name restaurateurs are busy with new projects in the works.
Emerging concepts to watch in 2025
It's too soon to say what the next hot thing will be next year, but these growing brands are worth keeping an eye on.
5 restaurant tech predictions for 2025
Restaurant Business’ technology editor foresees an eventful year for Toast, CloudKitchens, first-party ordering and more.