Restaurant News Resource
May, 18 2023
 
 
 
U.S. Restaurants Continued to Retake Wallet Share in April
 
U.S. Restaurants Continued to Retake Wallet Share in April
 
April represented the 14th time in the last 15 months that restaurant sales growth outpaced gains in overall retail sales. Read More
 
U.K. Employment Trends
U.K. Record Employment Figures Show Significant Drop in Hospitality Vacancies
 
The latest vacancy figures from the Office for National Statistic show that vacancies in hospitality fell by 22% over the last year and by 9% in the last quarter. Vacancies in the sector remain at 132,000, which is still 48% higher than pre-Covid levels. Read more
 
Development News
Jack in the Box Announces Development Agreement for Mexico
 
Jack in the Box Inc. (NASDAQ: JACK) announced today that it signed a 22-unit commitment in four northern Mexican States. This marks the first franchise agreement in Mexico for Jack in the Box in over 30 years. Read more
 
Development News
Caesars Palace Opens Brasserie B by Bobby Flay in Late 2023
 
Brasserie B by Bobby Flay will offer delicious and distinct French-inspired dishes for brunch, lunch and dinner and is slated to open in late 2023. Read more
 
Development News
Frisch’s Big Boy Announces Partnership With The Original Hot Chicken
 
Cincinnati-Based Restaurant Chain Partners with Georgia-Based Nashville-Style Hot Chicken Restaurant Read more
 
Development News
Shake Shack Enters Into Cooperation Agreement With Engaged Capital
 
Agrees to Add One Additional Mutually Agreed Director With Restaurant Operations Experience - Company to Engage Operational Consulting Firm and Enhance Corporate Governance Read more
 
Development News
FCPT Announces Acquisition of a Chili's Property for $3.3 Million
 
he property is located in a strong retail corridor in Virginia and is corporate-operated under a triple net lease with approximately three years of term remaining. Read more
 
PUMP Act
Enforcement Begins for the PUMP Act
 
Restaurants must have plans in place for breastfeeding moms in the workplace. Read more
 
Jack In The Box Results
Jack in the Box Inc. Reports Second Quarter 2023 Earnings
 
Jack in the Box systemwide sales growth of +9.8%, Del Taco systemwide sales growth of +3.2% Read more
 

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In Brief...
 

Arcos Dorados Results
Arcos Dorados Reports Strong First Quarter Financial Results

Ark Restaurants Results
Ark Restaurants Announces Financial Results for the Second Quarter of 2023

 
 
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