Restaurant News Resource
April, 18 2023
 
 
 
U.S. Menu Labeling Regulations Are Coming Back
 
U.S. Menu Labeling Regulations Are Coming Back
 
Operators have until Nov. 7 to be back in compliance with rules Read More
 
U.S. Restaurant Sales Trends
U.S. Restaurant Sales Edged Higher in March
U.S. Restaurant Sales Edged Higher in March
 
Overall consumer spending may be losing momentum, but the latest data suggest the positive trajectory in restaurant sales may be more durable. Read more
 
Payment Solutions
Behind BirchStreet Systems Leadership Team - By Gareth Fraser
 
At BirchStreet Systems, we’re always striving for excellence in product delivery - and that starts with excelling as a team. Read more
 
Development News
District Taco Signs Multiple Franchise Deals Nationwide
 
District Taco is continuing their expansion after signing development deals nationwide. District taco currently has 14 locations open throughout Washington, D.C., Maryland, Virginia and Pennsylvania. The company plans to open 10 to 15 franchised locations each year, hitting 80 locations by 2027. Read more
 
Development News
FCPT Invests in a Coopers Hawk Restaurant Property for $7.8 Million
 
The property is located in a strong retail corridor in Illinois and is corporate-operated under a new long-term triple net lease Read more
 
Inflation
UKHospitality Says No End in Sight - Businesses Unable to Cope With Sustained Inflation
 
New data today showing food service price inflation remains above 20%, coupled with rising energy costs and a lack of support, signals the need for urgent intervention to save hospitality businesses. Read more
 
Management Appointment Fiesta Restaurant Group
Dirk Montgomery Named President and Chief Executive Officer for Fiesta Restaurant Group
 
Mr. Montgomery has served as Interim Chief Executive Officer since December 8, 2022 and previously served as Chief Financial Officer since September 9, 2019. Read more
 
Management Appointment Starbucks
Brad Lerman Named Executive Vice President and General Counsel for Starbucks
 
Most recently, Lerman was Senior Vice President, General Counsel and Corporate Secretary of Medtronic, a healthcare technology provider, where he led the global legal function, government affairs and the office of ethics and compliance across the U.S., South America, Europe and Asia. Read more
 
New Openings
Sweetgreen Expands Into Rhode Island
 
Today, sweetgreen announced its first Rhode Island restaurant is set to open in Cranston on April 18. Read more
 

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