Economic News

Polyurethane Shortage Among Manufacturers’ Myriad Burdens

In a one-two punch, businesses still reeling from the coronavirus pandemic are up against a new, looming challenge brought about by last month’s severe winter storms.

What Surveys Say About Consumer Dining Behavior 1 Year Into the Pandemic

Food temperature and sanitation expectations as well as off-premise demand may outlast the pandemic, according to recent research findings.

The Good News About MAFSI’s Q4 Barometer

Foodservice industry expected to see positive sales upswing in second half of 2021

Forecasters See Double-Digit Growth Ahead

The National Restaurant Association expects restaurants to increase sales 10.2% in 2021.

MAFSI Business Barometer shows sales down 24.4% in Q3 2020

MAFSI Barometer Clocks ‘Painful’ Q3 Sales Drop

Reps’ group says E&S sales dropped 24%, but vaccine offers hope for recovery in 2021.

Restaurant Interior

October’s Sales Slip a Concern Ahead of Winter

Monthly restaurant sales declined for the first time since the end of the spring lockdowns, the National Restaurant Association reports.

Florida Adopts $15 Minimum Wage Amendment

Over the objection of restaurant owners, the measure will gradually raise pay over the next six years.

Sweetgreen to Layoff 20% of Corporate Staff

Company CEO says restructuring plan includes an emphasis on digital and streamlined menu.

Ruby Tuesday Is the Latest Chain To File for Chapter 11

The chain plans to close 185 stores as part of restructuring plan.

Sizzler Declares Bankruptcy

Sizzler Files for Chapter 11 Bankruptcy

The steak-and-salad bar chain points to COVID-19 for its troubles.

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