Outback Commits to Holding Margins Amid Inflation
Outback parent Bloomin’ Brands has not taken a material menu price increase since late 2019, but COVID has repeatedly proven that no restaurant is immune to cost pressures and inflation. ...
Finance
National Restaurant Association Urges White House to Fix Supply Chain Woes
In a letter sent on Monday, the National Restaurant Association asked for President Joe Biden’s help as the restaurant industry continues to face supply chain challenges.
Texas Roadhouse: With Higher Prices, ‘We Have to Deliver’
Texas Roadhouse raised menu prices roughly 4.2 percent last week.
Positioning Your Restaurant for Sale
You made the decision to sell your restaurant and hired a business broker to assist with the procuring of a buyer and for help navigating the process.
American Express Launches Grant Program for Independent Restaurants
American Express announced the launch of “Backing International Small Restaurants,” a new grant program to support culturally-significant, independent restaurants owned by individuals from underrep ...
Electrolux Professional to Acquire Manufacturer Unified Brands
Electrolux Professional has entered into an agreement to acquire Unified Brands Inc and related assets, a leading US-based manufacturer of foodservice equipment.
Friendly's Triggers Turnaround with Constant Innovation
Around this time last year, the COVID-19 pandemic pushed Friendly’s to the edge.
Land O'Lakes Raises $100K in Funds for Foodservice Industry
More than 18 months into the pandemic’s deep and ever-changing impact on the U.S.
Famous Dave's Parent to Acquire Tahoe Joe's for $5.2 Million
BBQ Holdings isn't done increasing the size and diversity of its portfolio.
A Price Rush in Casual Dining? Not So Fast, Darden Says
Restaurant prices in the full-service sector lifted 4.9 percent in August compared to last year, accord
