A host of interesting restaurant statistics came to light just over a week ago at the United States Department of Agriculture Outlook Forum, where NRA Senior VP Hudson Riehle presented some enlightening data on consumer trends over the course of the pandemic. Drive-thru sales accounted for 42% of traffic in November 2021 up from 26%…
Read More »The economic havoc the pandemic shutdowns are wreaking across the country is being measured by a host of different metrics. This week a new survey, released by the New York Hospitality Alliance and reporting on 450 respondents from the alliance’s 2500 members, underscores the severity. As reported in the New York Times, 9 out of…
Read More »We talk quite a bit about the minimum wage and what the impact is of mandating regular increases to the minimum. Well, a study that Harri, the workplace management software company that works closely with restaurants, released a week or so ago underscores the direct impact. Of the 173 restaurants surveyed, 71 percent planned to…
Read More »The US Bureau of Labor Statistics (BLS) last week reported that the economy is still chugging along with 196,999 jobs added in March, a six-fold increase over the revised figure of 33,000 jobs created in February. Some economists read the dismal February numbers as an indication the economy was slowing, but the bounce back in…
Read More »Thanks to a gift of $1.5 million from franchise businessman Ray Titus, Palm Beach Atlantic University will now offer a Franchising Program at the Titus Franchising Center on its Florida campus. Titus is the founder of Florida-based United Franchise Group, with over 1400 units across 80 countries. The program will include academic courses relating to…
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