Minimum Wage Hikes Hurting Restaurants

Wage hike advocates may be loath to admit it, but according to a recently released study of Yelp data on the impact of minimum wage increases on lower to middle-quality restaurants, the impact is unmistakable. Buzz-feed, which wrote up the study, reported that researchers found that a $1 increase in the minimum wage in the…

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Miscellaneous

The latest Miller Pulse Index was released this week and showed that same store sales for the broad restaurant industry had fallen 2.4 percent in December, the worst performance in the six years since the index began.  Casual dining was the biggest culprit, dropping 4.0% in same store sales for the month, while the QSR…

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Restaurants Drop Surcharge

Last week, we advised you of a class action lawsuit pending in California where a number of restaurants had implemented a 3% surcharge to cover increased cost associated with Obamacare.  This week, we note a story in Nation’s Restaurant News (NRN) where West Coast based Restaurants Unlimited has eliminated a 2 month old surcharge they…

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Mixed Results on 2015 Restaurant Health

There seemed to be both good news and bad in the ongoing foodservice market research and the just-released Fall 2015 ReCount survey by the NPD Group.  The latest of the twice-per year ReCount showed total US restaurants declined by 0.6% from a year ago, while chain restaurants increased by 1percent over the same time period. …

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A look at the fastest-growing chains

Mark Brandau of Nation’s Restaurant News reports that the annual Technomic Top 500 report found that 2009 was a brutal year for the industry’s largest concepts, with aggregate systemwide sales for the largest chains falling 0.8 percent. Upstarts, however, including Five Guys, Noodles & Company and Potbelly Sandwich Works, were able to post double-digit increases in sales.

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