by Aaron Wise | Oct 25, 2020 | Restaurant
Two months since our last report on restaurant statistics, restaurant industry sales continue to whipsaw. In April, sales from Food Services & Drinking Places (NAICS code 722) totaled $30 billion, a collapse of -53% versus April 2019. By June, sales had increased...
by Dayne Shuda | Oct 24, 2020 | Restaurant
Tap your local area with creative strategies to increase revenue. You’ve spent time, money, and a lot of effort to get your restaurant off the ground. Every day you go to work hoping and expecting to see more actual diners inside your restaurant excited to sample your...
by Aaron Wise | Oct 21, 2020 | Restaurant
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...
by Aaron Wise | Oct 17, 2020 | Restaurant
In a banner year for the pizza delivery industry, Pizza Hut has struggled. Its competitors are at all-time highs. Just this year, Papa John’s (NASDAQ:PZZA) has rallied 44% to date. Domino’s (NYSE:DPZ) has rallied 31% this year. In contrast, The Guardian reports today...
by Dayne Shuda | Oct 1, 2020 | Marketing
Stay on top of the latest trends to help your restaurant grow. You’ve got great food, wonderful ambiance, highly trained servers, and an excellent chef. But where are the diners? This is a common problem for both new and established restaurants, and it all comes down...