Is California’s New $20 Minimum Wage Killing the Fast Food Industry?
Have there been massive layoffs and store closings due to the new regulation? The short answer is no, but the truth is that we can’t know yet because the new rate only became effective on April 1st. The news machine has had scattered stories of a disaster for the...
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...
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