Restaurant sales

Introducing Toast’s Restaurant Trends Report: Restaurant Sales Increased 41% Year Over Year | News

BOSTON–(BUSINESS WIRE)–February 23, 2022– Toast (NYSE: TOST), the all-in-one platform built for restaurants, today announced the first edition of its quarterly Restaurant Trends Report, providing visibility into the overall state of the restaurant industry. dining through aggregate restaurant sales data on the Toast platform, which has approximately 57,000 locations at the end of 2021 in […]

Restaurant sales

Introducing the Toast Restaurant Trends Report: Restaurant sales increased 41% year-over-year

BOSTON–(BUSINESS WIRE)–Toast (NYSE: TOST), the all-in-one platform built for restaurants, today announced the first edition of its quarterly Restaurant Trends Report, providing visibility into the overall health of the restaurant industry through aggregate restaurant sales data on the Toast platform, which has approximately 57,000 locations at the end of 2021 in the United States Throughout […]

Restaurant marketing

The Case for a More Modern Approach to Restaurant Marketing Materials

Marketing materials play a vital role in a restaurant’s success, whether it’s eye-popping posters promoting a new app or in-house training modules. Many restaurants today are innovating on the fly, testing new menu items, or printing literature to accompany delivery and catering orders to build brand loyalty. Yet, with most of project management’s attention focused […]

Restaurant marketing

Top Restaurant Marketing Trends in 2022

By providing your customers with a superb dining experience, you will leave them with a memorable experience they may never forget. However, to attract people to your restaurant, you need to work on your marketing. Advertising, emailing, and using social media to your advantage can give you an edge over your competition. Here, we’ll focus […]

Restaurant sales

Independent restaurant sales plummet amid Omicron surge, survey finds

About 58% of restaurants said sales had more than halved in December 2021. Credit: Nenad Maric/Pixabay. A new investigation found that a majority of independent restaurants in the United States saw declining sales in December 2021, following an increase in Covid-19 cases driven by the Omicron variant. The survey is based on data collected by […]

Restaurant sales

RCI reports club and restaurant sales of $61.1 million in 1Q22

HOUSTON, January 11, 2022 /PRNewswire/ — RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced sales of its Nightclubs and Bombshells restaurants for the first quarter of fiscal 2022 ended December 31, 2021. Eric LanganPresident and Chief Executive Officer of RCI Hospitality Holdings, Inc., said, “We had a strong first quarter as we took advantage of the […]

Restaurant marketing

Seven Best Restaurant Marketing Ideas and Trends Modern restaurant management

While your restaurant may have a varied menu, delicious food, a great atmosphere, and great customer service, you will still struggle to build a following without promoting it. The point is, running a successful restaurant isn’t all about great food and service. Providing top quality food and service should remain your restaurant’s top priority, but […]

Restaurant sales

4 solid stocks to buy when restaurant sales surge in September

The Delta variant of COVID-19 has been a cause for concern for the past two months, but it hasn’t shaken people’s confidence much. As the economy continues to reopen, people are stepping out of their homes with confidence. This has seen the catering industry gradually recover, with sales rising. And with the festive season approaching, […]

Restaurant sales

RCI 4Q21 Clubs and Restaurants sales of $ 54.4 million, + 91.6% vs. 4Q20 and + 23.5% vs. 4Q19

HOUSTON, 12 October 2021 / PRNewswire / – RCI Hospitality Holdings, Inc. (Nasdaq: RICK) Announces Sales of its Nightclubs and Bombshells Restaurants for the Fourth Quarter and Fiscal Year Ended Fiscal 2021 September 30, 2021. Eric Langan, President and CEO of RCI Hospitality Holdings, Inc., said, “We have had an excellent fourth quarter and year. […]

Restaurant sales

Afghan restaurant sales drop 80%, owner fears for future

A Kabul restaurant owner said the Taliban takeover left him hopeless. Sales fell by 80% at Mojeburahman Musleh’s establishment, the Laziz Mahal restaurant. The people of Afghanistan have reduced purchasing power and cannot afford to eat out, he told Insider. Loading Something is loading. Until three months ago, sales were steadily increasing at Laziz Mahal, […]

Restaurant sales

Afghan restaurant sales plummet 80% after Taliban takeover, leaving owner to worry about his future

A Kabul restaurant owner says the Taliban takeover left him hopeless. Sales fell by 80% at Mojeburahman Musleh’s establishment, the Laziz Mahal restaurant. Afghanistan residents have reduced purchasing power and cannot afford to eat out, he told Insider. Until three months ago, sales were steadily increasing at Laziz Mahal, a newly renovated fast food restaurant […]

Restaurant sales

Delta has cut restaurant sales, but Americans are still spending a lot of money

The delta variant of the coronavirus slashed restaurant sales in August, but Americans instead spent more money on other products. A survey of retailers shows sales rose sharply in the past month, with the exception of a few categories that have been hit the hardest by the pandemic. Take receipts from restaurants. They barely increased […]

Restaurant sales

Restaurant sales were flat in August, even as the coronavirus increased

Restaurant sales were flat in August as COVID increased./Photo: Shutterstock The delta variant slowed the recovery of the restaurant industry. But he didn’t break it. Restaurant sales stagnated in August, according to U.S. census data released Thursday. Food services and drinking places generated just under $ 72 billion in sales in August, up 32% from […]

Restaurant sales

Restaurant sales return to normal: 4 stocks to buy

The Delta variant of the coronavirus has been a cause for concern over the past month, but it’s not affecting restaurant sales much. After a tumultuous year of sales, the industry is finally getting back on its feet. According to the National Restaurant Association (NRA), the Delta variant may slow the recovery of the restaurant […]

Restaurant sales

As Americans dine out, Hormel restaurant sales increase

Americans are dining out again, and sales at Hormel restaurants reflect this. The restaurant business at the company, which serves the restaurant industry, jumped 45% from last year’s pandemic-induced lull in the summer quarter. The Austin, Minnesota-based food maker on Thursday reported sales growth across all lines of business in its fiscal third quarter ended […]

Restaurant sales

NRA increases restaurant sales forecast for 2021 to $ 789 billion

Dive brief: The National Restaurant Association predicts that restaurant and foodservice industry sales for 2021 will total $ 789 billion, according to the organization Semi-annual report on the state of the restaurant industry published Tuesday. The association previously forecast sales to reach $ 731 billion in a report it came out earlier this year. Citing […]

Restaurant marketing

Restaurant Marketing Ideas For September

As summer gives way to fall, many families find that their busier schedules simply don’t allow for regular dining out. But September provides restaurant owners and operators with plenty of restaurant marketing opportunities to drive traffic and sales. September is a great time to kick off some of your restaurant’s best breakfast, chicken, mushroom, and […]

Restaurant sales

Digital fundraisers boost restaurant sales amid pandemic

McAlister’s Deli, On the Border Mexican Grill and Cantina and Modern Market roll out new solution for restaurants to engage local community groups (RestaurantNews.com) Think restaurant fundraising is a thing of the past? Think again: fundraising for restaurants has gone digital and the results are staggering. As dining restrictions continue to evolve, restaurants can now […]

Restaurant sales

U.S. restaurant sales boom, but employment continues to slow – Quartz

The pandemic has hit the restaurant industry hard in the United States. More than 110,000 American restaurants have either permanently or long-term closed following last year’s pandemic – with nearly 2.5 million jobs lost from pre-pandemic levels, according to the National Restaurant Association. But business is picking up. As people emerge from lockdowns during the […]

Restaurant sales

5 stocks to buy as restaurant sales return to normal

The restaurant industry appears to be finally getting back on its feet, with sales rebounding to pre-pandemic levels as more people dine out. In addition, people are spending more, with the new round of fiscal stimulus giving them more purchasing power. Although retail sales declined in May, sales in bars and restaurants increased surprisingly. This […]

Restaurant sales

Restaurant sales in the United States soar as pre-pandemic life returns

Monthly sales of food services and drinking places in the United States (seasonally adjusted) * Photo: Statista / IBT Retail and food service sales in the United States fell a modest 1.3% in May after rising sharply for most of 2021. The decline reported by the United States Census Bureau earlier this week is widely […]

Restaurant sales

Restaurant sales are improving, with a few notable exceptions

Photo: Jeenah Moon (Getty Images), Naomi Baker (Getty Images), Ethan miller (Getty Images), Matt Cardy (Getty Images), Justin sullivan (Getty Images), Christophe Furlong (Getty Images) The past year has been, shall we say, “less than kind” for the restaurant and hospitality industry, and when it comes to publicly traded restaurant chains, we know exactly how […]

Restaurant sales

Beyond meat loss exceeds higher cost forecasts, restaurant sales slow

A woman sits next to a poster at the booth of the plant-based food company Beyond Meat at VeggieWorld in Beijing, China on November 8, 2019. REUTERS / Jason Lee Register now for FREE and unlimited access to Reuters.com Register May 6 (Reuters) – Beyond Meat Inc (BYND.O) reported a larger-than-expected quarterly loss on Thursday […]

Restaurant sales

Outback Steakhouse and Bonefish Grill owner says restaurant sales exceed pre-pandemic levels, workers easy to find

Bloomin ‘Brands CEO David Deno told CNBC restaurant sales were 12.6% above 2019 levels. He said the company has taken advantage of the delivery option and reopened dining rooms to boost sales. He also said that manpower has not been a problem for the company, despite a shortage of manpower in the industry. Business is […]

Restaurant sales

Restaurant sales recovered almost entirely in March

Photo courtesy of MOD Pizza Restaurant sales jumped 36% year-over-year in March as consumers spent their stimulus checks, allowing the industry to almost fully recoup sales lost during the pandemic despite capacity limits and closures. Food services and drinking places generated $ 61.2 billion in sales in March, up 13.4% from February, according to U.S. […]

Restaurant marketing

How reviews are transforming restaurant marketing

As the industry progresses, review sites provide an opportunity to increase profitability. In January 2020, review sites were not mandatory to consult before choosing a place to eat. However, after COVID-19 swept across the United States, review sites turned into a necessary means for consumers to understand restaurant protocols. Restaurant patrons had to look online […]

Restaurant sales

5 things restaurant sales and customer morale are improving in February

Each week, Restaurant Hospitality rounds up five stories impacting independent restaurant operations that you may have missed. Here is your list for the week of March 22: Untitled, the Union Square Hospitality Group restaurant, is closing permanently Untitled, the ten-year-old Union Square Hospitality Group restaurant next to the Whitney Museum of American Art […]

Restaurant sales

Restaurant sales to increase 10.2% in 2021, according to National Restaurant Association

Photography: Shutterstock Sales at food and beverage establishments in the United States will increase 10.2% in 2021 to a total of $ 548.3 billion as consumers respond to pent-up demand for dining experiences that were denied to them during the pandemic, according to a forecast released by the National Restaurant Association. The increase would follow […]

Restaurant sales

Expected increase in US restaurant sales in 2021 not enough to offset losses from pandemic – report

Jan.26 (Reuters) – An expected 11% increase in US restaurant sales in 2021, to $ 731.5 billion, will still not be enough to offset the industry’s heavy losses in 2020 due to the coronavirus pandemic, according to a report released Tuesday. Sales in the hard-hit industry fell nearly 24% in 2020 to $ 659 billion […]

Restaurant sales

Dining out: restaurant sales in December decline, ending a year of crisis

Sales in American bars and restaurants further eroded in December 2020 as the industry ended the year still grappling with the COVID-19 pandemic. December restaurant sales fell at a double-digit rate year over year, dropping for the third month in a row and ending a year of crisis for the restaurant industry. The National Restaurant […]

Restaurant sales

Which states are doing the worst, the best for restaurant sales?

Staff at The Vineyard restaurant prepare food and drink for guests in accordance with social distancing guidelines in June. Photo contributed. published on December 31, 2020 – 2:57 PMWritten by Business Journal staff Across the country, among all types of restaurants, a new study shows spending on food and drink only declined by an average […]

Restaurant sales

Dining Out: US Restaurant Sales In November Stung By Cold And Pandemic

Sales in American bars and restaurants in November fell from the previous month as rising COVID-19 cases resulted in tighter restaurant restrictions and temperatures plummeted across the country. Experts see tough conditions for restaurants persist for months. The total number of jobs in food services and drinking places fell in November for the first time […]

Restaurant sales

Dine out: US restaurant sales in October stall as harsh winter sets in

Sales at U.S. bars and restaurants stalled for another month in October as states tighten pandemic-related restrictions and the industry prepares for an even tougher winter with limited outdoor dining options. The rate at which food services and drinking places added jobs in October suggests a full recovery won’t occur until late 2021 at the […]

Restaurant sales

At the restaurant: Restaurant sales heat up in September but lack heat from previous months

US bar and restaurant sales in September continued to rebound from pandemic-induced declines earlier in the year, although the pace of growth remained slower than in previous months. Food services and drinking places also added jobs at a moderate pace in September, suggesting that a longer recovery may be in store for the restaurant industry. […]

Restaurant sales

Dine out: August U.S. restaurant sales rise as industry struggles continue

The recovery in US restaurant sales and employment continued in August, but at a slower pace than in previous months. August sales from the beleaguered industry fell about 15% from the year-ago period, leaving the US restaurant industry on course to lose $240 billion in sales by the end of the year, according to the […]

Restaurant sales

First look at the impact of the coronavirus on restaurant sales

The spread of COVID-19 over the past few months — and subsequent social distancing and closed dining rooms — has reduced restaurant sales in all corners of the industry. But the situation has cut some brands much deeper than others. In this overall negative picture, there are clearly haves and have-nots. Analysis of recently released […]

Restaurant sales

Dining Out: Pandemic Hits U.S. Restaurant Sales in March; experts fear the worst to come

Experts say the pain for the US restaurant industry is set to continue after sales fell nearly a quarter in March as the coronavirus keeps dining halls closed across the country and businesses look to snag take-out and delivery sales. Nearly half a million restaurant workers lost their jobs in March in what experts say […]

Restaurant marketing

21 Restaurant Marketing Tips To Generate Income During COVID-19 by food impossible | What if?

Dear average Impossible Foods readers: At the end of last year, we started our own blog at impossiblefoods.com and stopped posting on our Medium page. If you’d like to check out our new, regularly updated content, as well as all of our archival content, go to impossiblefoods.com/blog. Thanks for reading! It has been an incredibly […]

Restaurant marketing

Why traffic generation is always at the heart of restaurant marketing

The fast food industry has seen upheaval in recent years as the ways in which customers interact with brands and how they shop have evolved dramatically. Brands have been forced to completely rethink the customer experience. The provision of in-store tablets and touchscreens to enable self-service ordering and the implementation of digital signage and the […]

Restaurant sales

Poor restaurant sales in December set up an uncertain start to 2020

Same-store restaurant sales fell 2.1% year over year in December, the worst result for the industry in more than two years. A lag in the recording of the Thanksgiving holiday was partly responsible for the disastrous results, which offset the positive figures recorded in November. This report comes from data from Black Box Intelligence (formerly […]

Restaurant sales

At the restaurant: the growth of restaurant sales in the United States accelerates in September

Sales growth at U.S. bars and restaurants accelerated in September after a summer slowdown, according to analysis by S&P Global Market Intelligence. Employment in food services and drinking places increased in September due to higher menu prices. Meanwhile, stock prices of most of the largest publicly traded restaurants by market capitalization declined in the month […]

Restaurant marketing

Seven best practices for restaurant marketing

There are over a million restaurants in the United States, according to data from the National Restaurant Association. With so much potential competition, how do you keep the noise down? Marketing your restaurant can come in all shapes and sizes, from the right signage to removing social media chatter. Having a variety of tools at […]

Restaurant sales

Why did restaurant sales hit a wall in July?

Local performance also took a hit in July, with only 88 markets posting positive sales compared to 108 in June. Texas was the weakest region, with negative sales growth of 2.68% and a traffic decline of 6.58%. The West region leads, with positive comps of 1.12% and red traffic of 2.65%. Only two of the […]

Restaurant marketing

Meet the 19-year-old who is revolutionizing restaurant marketing | modern restaurant management

At 19, Adam Guild may be downplaying his accomplishments, but he’s had an undeniable impact on some of the best restaurants in the country. It hasn’t always been easy for him, nor is he some sort of child prodigy. He overcame countless struggles and persevered through painful challenges, such as depression, near-obesity, and loneliness throughout […]

Restaurant sales

Restaurant sales rise to $863 billion in 2019

The restaurant industry is moving in the right direction. In its annual report on the state of the restaurant industry, the National Restaurant Association outlined where the business is and what operators can expect over the next decade. After analyzing surveys of restaurant owners, chefs, operators and consumers, the Association found that the overall industry […]