Restaurant Business Magazine - Trends, Ideas and News
The necessary evil of restaurant bankruptcies. The Bottom Line: The industry has been hit with a huge number of bankruptcies as a tough environment, higher interest rates hit overleveraged companies hard. But that could pave the way for more growth in the future. Premium. Technology.
Top 500 Chains - Restaurant Business
The Top 500 Chain Restaurant Report is a measure of the largest restaurant concepts by U.S. systemwide sales, based on results from the 2019 calendar year. Relevant information is accrued using a combination of public company financial filings, direct operator surveying, franchise disclosure documents and proprietary valuation algorithms.
The largest burger chains in the U.S. - Restaurant Business
May 13, 2020 · Financing The largest burger chains in the U.S. These are the highest-grossing burger chains among Technomic's Top 250. By Restaurant Business Staff on May 13, 2020
These are the big menu trends to watch in 2024 - Restaurant …
Jan 3, 2024 · Pucker up with sour. 2023 was all about sweet heat, powered by the popularity of hot honey. Make way for tamarind—the 2024 Flavor of the Year, designated by McCormick for Chefs in its annual Flavor Forecast. Tamarind is derived from a fruit pod native to Africa, India and the Middle East where it grows on trees.
Timeline: How today’s restaurant industry came to be
Feb 21, 2019 · 1919: Restaurateurs form The National Restaurant Association in Kansas City, MO, to deal with issues of rationing, price gouging, unions and Prohibition. 1921: The first White Castle restaurant opens in Wichita, KS. The “white” was chosen to signify purity, and the “castle” to indicate permanence and strength.
14 years after disappearing, Steak and Ale is set to return
Jan 17, 2023 · 14 years after disappearing, Steak and Ale is set to return. For its second act, the casual-dining pioneer will revive many of its signature elements while adding some new tricks. By Joe Guszkowski on Jan. 17, 2023. The new Steak and Ale will have a polished-casual feel. / All photos courtesy of Legendary Restaurant Brands.
Here's what we know about the new owner of MOD Pizza
By Lisa Jennings on Jul. 15, 2024. MOD Pizza is now owned by Elite Restaurant Group, a collector of troubled brands. | Photo: Shutterstock. News of MOD Pizza’s acquisition has left many wondering where to from here for the fast-casual pizza chain. After days of speculation about whether the 512-unit MOD would be filing for Chapter 11 ...
After nearly 50 years, Pappas Restaurants is still keeping it in the …
Oct 30, 2023 · After nearly 50 years, Pappas Restaurants is still keeping it in the family. The Houston institution remains proudly family-owned and intent on doing things its own unique way. By Joe Guszkowski on Oct. 30, 2023. Pappasito's Cantina, one of Pappas' larger concepts, is turning 40 this year. | Photo courtesy of Pappas Restaurants.
Top 500 Archive - Restaurant Business
The 500 largest restaurant chains in the U.S. continued to grow at a healthy pace in 2022. Total sales rose 8.2%, according to the Technomic Top 500 Chain Restaurant Report, nearly twice as high as pre-pandemic growth levels. Most major sectors have recovered. Yet the sales growth came entirely from high menu price inflation and more aggressive ...
2024 is well underway, but industry forecasters are still predicting ...
Mar 10, 2024 · As 2023 drew to a close, forecasters from every corner of the industry were looking into their crystal balls to pinpoint the top trends for 2024. Now that we’re two-plus months into the new year, trendspotters are continuing to release reports based on data, surveys and professional observations. Some of their latest findings are gathered here.