Economic News

Luby’s Wants to Liquidate All Assets

Net Proceeds to be distributed to the cafeteria operator's stockholders.

August Restaurant Sales Improve, But…

Don't compare them to this time last year.

Commercial Foodservice Sales Plunge

MAFSI report shows a historic downturn and looks to what's ahead.

7 Safety Takeaways from Virtual NEXT

During FER’S Virtual Next Conference last week, attendees learned from foodservice experts that in the age of COVID-19,

Restaurant Customers Want to See COVID-19 Safety Protocols

The cleanliness of a restaurant now ranks above the taste of the food when it comes to how consumers choose a restaurant.

Largest Pizza Hut Operator Slices Off Stores

Citing lagging dining rooms sales, NPC says move will allow it to maximize value.

Yum Elevates Diversity Officer Role

Move follows its $100 million commitment toward equity, inclusion and entrepreneurship.

Forecaster Says Strong Growth Is Possible in 2021

Industry forecaster Technomic released updated predictions for the remainder of 2020 and into 2021.

Potbelly Closes 16 Stores

The struggling chain will now close only 50 stores in total instead of the 100 it had predicted at the start of the COVID-19 pandemic.

Black Box Releases Latest Restaurant Insights

Trend reporting firm finds that "cleanliness is the new ambiance" for customers.

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