News
A potential beef blockage is looming
2+ hour, 43+ min ago (321+ words) It's a tough time for restaurants of all sizes. But some independent operators keep showing their resilience, making Restaurant Business' annual ranking of the 100 top-grossing independent restaurants. This year's list boasts 19 new names, as well as many stalwarts, all with…...
Welcome to yet another big dose of economic uncertainty
4+ day, 7+ hour ago (602+ words) The consumer has been pulling back for some time now, but early this month it looked as if things were getting better. Traffic at restaurants had shown real progress, outside of weather-related problems. Consumer sentiment surveys had shown improvement. Early…...
How rising gas prices will affect restaurant sales
5+ day, 23+ hour ago (252+ words) How will gas prices affect restaurants? This week's episode of the Restaurant Business podcast A Deeper Dive features Rich Shank, senior principal with the data firm Technomic. We like talking with Shank periodically to get a pulse on where the…...
A lot of fast-food customers are going to the convenience store instead
1+ week, 1+ day ago (598+ words) Fast-food restaurants have faced a lot of challenges over the past couple of years. Consumers have been battered by inflation. They're frustrated by higher prices and are making that known on social media." There's weather. In many markets Hispanic consumers…...
Stop talking about price, start talking about food
3+ week, 1+ day ago (612+ words) Steak n Shake, which went several years without reporting same-store sales, started doing again two years after its numbers showed positive results. That includes a 10.2% increase for the full year in 2025. That's a real difference. The chain's low-price-above-all marketing strategy,…...
The job market is stumbling and gas prices are soaring
3+ week, 5+ day ago (433+ words) Don't look now but the economy is facing some major question marks. Gas prices, which appeared to be a potential tailwind for fast-food restaurant sales this spring, have risen by 11% over the past week, according to AAA, as the U.S. attack…...
How will high gas prices affect restaurants?
3+ week, 1+ day ago (680+ words) More than a few industry analysts viewed gas prices as a likely industry tailwind this year, which along with larger tax refunds would provide a boost to fast-food restaurants that need whatever help they could get. You can cross it…...
Wendy's faces more upheaval that it doesn't deserve
8+ mon, 3+ week ago (737+ words) Kirk Tanner, almost out of nowhere, was named CEO of Wendy's in January of last year. One month later, he ignited one of the year's weirdest controversies, telling investors the company plans to test "dynamic pricing," which led to a…...
The president of Burger King is giving customers his phone number
1+ mon, 2+ week ago (760+ words) Tom Curtis is so intent on making more improvements at Burger King that he is publishing his phone number and taking calls from customers, which prompted this question from an inquiring business journalist:" "Pretty much," Curtis, who heads Burger King…...
Restaurant menu prices hit another 40-year high in June
2+ mon, 1+ day ago (356+ words) Restaurant menu prices hit a fresh 40-year high in June, according to new federal data released Wednesday, as soaring inflation led to continued increases in the amount operators charge their customers. Food away from home prices rose 0.9% in June, according…...