Tag Archive | economy

A 'restaurant recession' sounds scary. Are we really on the brink of one?

A ‘restaurant recession’ sounds scary. Are we really on the brink of one?

In the past several weeks, the picture that we’ve gotten of the restaurant industry hasn’t exactly been a promising one. Dunkin’ Donuts saw traffic slip at its U.S. locations in the latest quarter. Potbelly Sandwich Works said it expects to be challenged by a “more cautious consumer” in the near future. […]

Read the full story

Posted in News

Why Restaurant Recession Fears Are on the Rise

Why Restaurant Recession Fears Are on the Rise

Americans eat out when they’re feeling good about things. That’s why a recent slowdown in restaurant sales is alarming some. In the past few weeks, McDonald’s (MCD), Taco Bell owner Yum! Brands (YUM) and Starbucks (SBUX) have all described a new wave of caution that has crept up among customers, […]

Read the full story

Posted in News

Pizzerias Thrive in Slumping Economy

Pizza has thrown a flying wedge at the worst recession since the Great Depression. The recipe for surviving — even thriving — in the current economy may be less tax cut extension and more bubbling cheese, savory tomato sauce and chewy crust. This year, the 65,000 pizza parlors in the […]

Read the full story

Posted in News

Restaurant industry’s hiring helping to revive economy

Hiring in the restaurant industry is picking up steam, experts say, and has been a major contributor to the economic recovery across the nation and in the Miami Valley. Since the beginning of the year, U.S. bars and restaurants have added 143,000 jobs, growing at four times the rate of […]

Read the full story

Posted in News

Recovery Is on the Menu

At David Burke Townhouse, the average bottle of red wine has crept back up over $100. At Delmonico’s, diners ordered nearly twice as many white truffles compared to last year’s season. And at Aldea, the new lobster gazpacho appetizer is selling briskly at $16 a pop. New York City’s restaurant […]

Read the full story

Posted in News