Displaying all articles tagged:

Recession

  1. recession
    Restaurant Industry’s Sales Somehow Got Even Worse in DecemberIt could be the only time in 2016 that the entire industry posted negative sales growth.
  2. the chain gang
    Shake Shack to Rest of the Restaurant Industry: Uh, What Recession?The chain’s third-quarter profits crushed last year’s by 150 percent.
  3. the chain gang
    Olive Garden Says It’d Sure Be ‘Helpful’ If More Chains Went BankruptIndustry struggles have gotten so real that companies are now rooting against one another.
  4. bad news
    Analysts Warn Restaurant Industry Is Headed Toward a Bad RecessionIt’s been an awful quarter.
  5. Video Feed
    Stephen Starr on the Fiscal Cliff: Keep Calm and Continue Eating and DrinkingStarr’s plans for 2013 are to keep going about his business.
  6. Mediavore
    Mayor of Pat’s Steaks Shakes Her Fist at the Grim Reaper; Obesity CostsPlus: Whole Foods tests out Wellness Clubs; and Centre Hall newlyweds honeymoon in jail, all in our morning news roundup.
  7. Mediavore
    Paula Deen Hams It Up For Philabundance; Momofuku’s Crack Pie Is Really AlmostPlus the recession in Europe is giving brasseries, gastropubs and takeout joints some comeuppance, and Thomas Keller’s $835, 11-course dinners in Hong Kong are happening this week, all in our morning news roundup.
  8. Closings
    Are Area Restaurants Closing at a Faster Rate?Is it lack of funding or lack of patience?
  9. Now Hiring
    Vongerichten Stocks ABC KitchenAmid widespread industry job loss, JGV, at least, is hiring for his new project.
  10. Financial Woes
    Restaurant Sales Will Improve in 2010, But Not by MuchJust how much will the restaurant industry rake in this year?
  11. Mediavore
    Rubio’s Rejects Buyout Offer; Former Execs Sue Ralph’sFormer Ralph’s execs are suing over being scapegoated while Rubio’s doesn’t accept an offered $80 million buyout.
  12. Financial Woes
    No, Really: It’s the Perfect Time to Open a RestaurantRegina Schrambling tells why.
  13. Beef
    Are Todd English’s Troubles Good for Business?The latest on the celeb chef’s busted engagement.
  14. Foodievents
    City Harvest Benefit Brings Lavish Spending But Modest DishesEric Ripert has raised $72,000 for charity by donating a buck per customer.
  15. Financial Woes
    Recession Cuts Into Cheese BusinessRevenue is down at Artisanal Cheese Center.
  16. Mediavore
    John Lennon Loved Cream and Corn Flakes; Activists Push to Block New ConvenienceJohn Lennon had a favorite midnight snack, and some activists are trying to stop the construction of new convenience stores in South Los Angeles.
  17. Recession is Your Friend
    What to Eat at Number’s ‘Depression-Proof’ Tuesday DinnersDepression-proof dinners arrive at West Hollywood’s Numbers every Tuesday.
  18. Hard Times
    Slim Pickings for Starbucks CEOHoward Schultz is slightly less rich this year.
  19. Closings
    Fabio Trabocchi Tells Fellow Chefs to Fear the ReaperThe newly homeless Fiamma chef predicts 40 percent drop-offs in business, more high-profile closings, and less freedom for chefs.
  20. It's the Economy
    Some Servers Enjoy Record Nights, Others Are Scratching at the WallA waitress offers an inside look into how restaurants are doing.
  21. Hard Times
    Today in Austerity Measures: Soups, Sandwiches, and Less CheeseThe ‘Times’ is focusing on simple soups and sandwiches, and McDonald’s is considering killing the $1 Double Cheeseburger.
  22. British Invasion
    The MPW ZoneMarco Pierre White plans to open sports bars (sports bars!?!) in two American cities.
  23. Dining Dollars
    Crisis? What Crisis?Not all Wall Streeters are crying into cheap beers.
  24. NewsFeed
    The Foreseeable Future of Dining: Lunch Specials and Overbooked Tables?In the current restaurant economy, it may be easier to score a prime table, but Frank Bruni says it’s all an illusion.
  25. NewsFeed
    How a Bistro Stays Open in Tough TimesCut the cream, for starters.
  26. NewsFeed
    Higher Food Costs Are Literally a Buzz KillTen “sneaky restaurant tricks” to look out for as food costs rise and restaurateurs cut corners to avoid hiking up the prices on their menus.
  27. Mediavore
    What the Candidates Will Be Drinking in Kentucky; Judge to Make the Call onPresidential candidates should brush up on their bourbon knowledge before heading to Kentucky, a judge will decide the fate of a new Union Square restaurant today, and a new pizza tour bus rolls into town.
  28. Mediavore
    Shake Shack Serves Top Dog; Burger King to Open Whopper BarsOne writer claims Shake Shack serves the best hot dogs in New York, Michael Psilakis talks more about the new Kefi, and the owner of Gristede’s wants to be our mayor.
  29. Mediavore
    Starbucks Closes for Training, Dunkin’ Hopes to Benefit; Late-Night Eating NotEvery Starbucks location in the country will be closed from 5:30 to 8:30 this evening, and Dunkin’ Donuts is sure to reap the benefits by offering small espresso drinks for 99 cents. [Snack] Though restaurants seem to be recession-proof, consumers’ budgets and diets are not. Soaring food prices — milk costs 36 percent more now than it did a year ago — have some New Yorkers changing their grocery habits and eating out less. [NYDN] Mayor Bloomberg and City Council Speaker Christine Quinn announced a proposal yesterday to give 1,000 new licenses to street vendors who will sell produce items in neighborhoods with high rates of obesity and heart disease. [Metro NY]
  30. Mediavore
    A Recession-Proof Restaurant Scene?; Death & Co. Owner Disgusted by HasslesWith all the exciting new restaurants opening in town, you’d never know there’s talk of a recession. But Frank Bruni figures anything opening now was planned a few years ago in better economic times, which makes us worry about restaurant openings in 2010. [NYT] Death & Co. can continue to operate until mid-April, but don’t expect owner David Kaplan to produce any more nightlife destinations after that: “I’ll never open another bar, another restaurant, a deli, a fucking bodega — I’ll never open up anything ever again in New York.” [NYO] The current cocktail craze has led to a lot of handmade – and therefore illegal – ingredients being mixed into drinks. Marijuana-infused gin, anyone? [NYP]