Red Lobster declares bankruptcy
The chain’s bankruptcy is the culmination of months of financial woes, which included significant losses, trouble paying its bills on time and a planned divestment by its minority owner.
Source: yahoo.com
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Top restaurant chains grew 2023 sales 7.5% despite traffic declines
Emerging concept 7 Brew was the fastest-growing chain, increasing its unit count over 373% last year, according to a Datassential report.
Source: yahoo.com
Was Foxtrot Outfoxed?
Is the restaurant industry in contraction or growth mode? Can a better employee experience lead to a better customer experience? We answer these questions and more This Week in Foodservice.
Source: fesmag.com
Back to Basics: What builds a good snacking menu?
Diner demand for specific snack items depends on their mood, time of day and ease of travel, experts said, opening up an array of traffic-boosting innovation opportunities for restaurants.
Source: yahoo.com
Red Lobster Is Considering Bankruptcy Filing Over Debt, Endless Shrimp Promotion
Red Lobster Is Considering Bankruptcy Filing Over Debt, Endless Shrimp Promotion
Source: moguldom.com