Taxes and Regulations Hamper the Restaurant Industry’s Road to Recovery

The restaurant industry has always been a high risk industry that operates on relatively tight margins. The impact of the Covid-19 pandemic and accompanying rules and regulations have made things infinitely more difficult for those in the business. Now the industry faces a plethora of new challenges including a 7.5% inflation rate, supply chain issues, […]

Why Restaurants Are Eclipsing Grocery Stores

In 2014, restaurants have seen a healthy 3.8% revenue growth. That is a welcomed respite from the dismal results during the great recession. The great recession produced free-floating fears and palpably reduced incomes for many people. Their self-protective response was to defer large expenditures such as houses and automobiles and to economize even on essentials […]

Should you Dine in or Dine out? The Price of Convenience

Restaurants are a significant part of the economy.  Americans have a love affair with restaurants persisting even through our recent economic slump.   In 2010 there were 11 million food preparation and serving employees, paid a median wage of $9.02/hr.   In 2009, we spent an average of $2,619 per household for “food away from home” (largely […]