Red Lobster’s Collapse: Was it All-you-can-eat Shrimp, or Private Equity?
Red Lobster, known for bringing all-you-can-eat shrimp to the average American and which was at on point the world’s largest seafood chain, filed for bankruptcy last month. Red Lobster now has more than one billion dollars in debt. They closed 50 locations about two...
California Ban On Hidden Fees Starts July 1st
Sacramento Bans “Hidden Fees” The Pandemic brought major challenges to the restaurant industry. Restaurants had significant challenges keeping enough experienced serving staff. Fewer servers had to tend to more tables. Operators faced challenges with...
What’s Going On With Robusta Coffee? – a deep dive
Robusta beans hit an all-time high in April. Arabica beans make up about 60 percent of the market, but Robusta can be grown in more environments and has been growing in popularity. Climate change along with new varieties and refined production have created more demand...
How Does Your Restaurant’s ROI Compare?
Rising labor and other input costs have created a real challenge for restaurants. Some creative solutions have been put to the test, but in most cases, businesses are stumbling along as best they can to keep the lights on and stay out of the red. Having a good idea of...
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