Restaurant Count in 2016 Drops Most Since Recession by Don Sniegowski The number of restaurants in the United States has fallen to its lowest level in ten years, according to a count of commercial restaurant locations compiled each spring and fall by a major foodservice researcher. Restaurant locations fell in 2016 by two percent, according to The NPD Group. Restaurant … Read More
Restaurant Pressure Points: Focus on Labor
Restaurant Pressure Points: Focus on Labor There are several large restaurant pressure points right now: That restaurants aren’t getting their fair share of the pretty healthy economy and employment/spending base is one, too many restaurants is another and that labor market conditions are difficult is a third. Every restaurant chain is noting the multiple problems with labor conditions, such as … Read More
Restaurant sales, traffic tumble in February 2017
Restaurant sales, traffic tumble in February 2017 Industry performance declines despite improved results in January Mar 09, 2017 Same-store sales fell 3.7 percent in February, with traffic declining 5.0 percent. Unfortunately, January’s improved results were not a turning point in declining industry performance. Trends are hard to discern since weather, holiday shifts in Valentine’s Day and President’s Day and winter … Read More
What Will Happen In Restaurants In 2017?
By John Gordon Wednesday, January 4, 2017 2:55 PM EST Restaurant Reflections: What Will Happen in 2017? The 2017 ICR Exchange Conference in Orlando on January 9-11 2017 will be an important early peek of what will happen with restaurants in 2017. Over forty publicly traded restaurants will present, with some dozen additional up and coming companies looking for funding.It … Read More
Administrative Surcharge: How to do it right!
Message from the President Food & Beverage Association of San Diego County What can be done to increase needed revenue? All operators are experiencing increased operating costs and thinking about creative ways to find that extra revenue. Options; A-Eliminate tipping and raise menu prices and raise pay accordingly B-Eliminate tipping and raise menu prices and institute tip pooling C-Leave tipping … Read More
New Sales Tax Rates for 2017
Sales Tax for 2017 by county and by exception cities SAN DIEGO COUNTY. 7.75% City of El Cajon 8.25% City of La Mesa 8.50% City of National City 8.75% City of Vista 8.25
US Nielsen beer tracker – Solid growth in November
Source: Morgan Stanley Olivier Nicolai, Richard Felton December 13, 2016 According to Nielsen data, US beer volume grew by +2.4% y/y over the 4 weeks to 3 December. Lapping a tough comp of +3.2%, price/mix was limited to +0.7% y/y. ABI outperforms MillerCoors, albeit both lost share. US beer sales grew by +3.1% in 4 weeks to 3 December Lapping … Read More
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