McDonald’s Earnings Disappoint, Starbucks Beats

It is earnings week; more blue chip companies report second quarter fiscal results this week than any other week. Today on national radio, senior restaurant analyst Michael Halen discussed disappointing earnings reports from McDonald’s (NYSE:MCD) and Starbucks...

Tyga Bites and Sushi with an Attitude

In this edition of MRM News Bites, we feature a lot of tech news,  a celebrity-owned virtual dining concept, and the annual Neighborhood to Nation Restaurant Recipe Contest. TouchBistro Acquires TableUp TouchBistro acquired Boston-based TableUp, a provider of loyalty...

COVID-19 Has Bankrupted These Restaurants This Year

Workers in the restaurant industry have lost double the number of job losses than any other NAICS industry. From March through June, the industry has laid off 3,130,900 workers. Restaurants are on track to lose $240 billion in revenue by the end of the year....