Economic News

Forecaster Says Strong Growth Is Possible in 2021

Industry forecaster Technomic released updated predictions for the remainder of 2020 and into 2021.

Potbelly Closes 16 Stores

The struggling chain will now close only 50 stores in total instead of the 100 it had predicted at the start of the COVID-19 pandemic.

Black Box Releases Latest Restaurant Insights

Trend reporting firm finds that "cleanliness is the new ambiance" for customers.

California Closes All Bars and Brewpubs

Restaurants will revert to outdoor only dining.

Black Box Sees Continued Improvement

Last week in June saw continued, if unsteady, sales growth. Will July dining room closures hurt sales?

McDonald’s Stops Re-Opening Dining Rooms

A rising tide of cases causes the burger giant to take more cautious approach.

California Closes Dining Rooms and Bars

As COVID-19 cases rise in the state, California joins other regions in reinstating restrictions.

Aramark Trims Staff in Philly

Philadelphia-based foodservice company restructuring due to COVID-19 crisis.

UK Equipment Pros Offer Gloomy Outlook

New FEA industry survey indicates a downbeat assessment of the year ahead.

Yum to Increase Representation of Minority Suppliers

The move is part of the company's $100 million, five-year initiative to combat inequality.

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