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Tag: restaurant

Jobs boost for bar and restaurant workers as leading on-trade figure joins visionary food marketplace venture Bonnie & Wild – Retail Times

Amid the continuing gloomy outlook for much of the country’s on-trade, Edinburgh’s first food and drink marketplace has begun recruitment for its new site at the St James Quarter, due to open in spring 2021. Bonnie & Wild, headed up by CEO Charlie McAlpine, has already appointed the well known bar operator and on-trade consultant …

Jobs boost for bar and restaurant workers as leading on-trade figure joins visionary food marketplace venture Bonnie & Wild – Retail TimesRead More

Big restaurant chains are recovering faster, analysts say

Big restaurant chains have largely recovered from the coronavirus pandemic, but the rest of the industry is taking longer to bounce back, according to a Bank of America study. Analysts Gregory Francfort and JonMichael Shekian used aggregated transaction data from Bank of America credit and debit card holders to analyze consumers’ restaurant spending habits. On July 1, …

Big restaurant chains are recovering faster, analysts sayRead More

Restaurant chains that received millions in PPP loans during coronavirus crisis

A statue of a horse stands at the entrance to a P.F. Chang’s restaurant in Schaumburg, Illinois. Scott Olson | Getty Images Large restaurant chains once again received millions in loans from the Paycheck Protection Program, according to data released Monday by the Small Business Administration.  Businesses in the accommodation and food services sector received more …

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This chart shows link between restaurant spending and new virus cases

Higher restaurant spending appears to be linked to a faster spread of the coronavirus, according to a JPMorgan study. Analyst Jesse Edgerton analyzed data from 30 million Chase credit and debit cardholders and from Johns Hopkins University’s case tracker. He found that increased restaurant spending in a state predicted a rise in new infections there three …

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Pepsi joins hands with NRAI, Swiggy to support restaurant community

Beverage brand Pepsi on Thursday announced a fund-raising initiative in association with the National Restaurant Association of India (NRAI) and leading online food delivery aggregator Swiggy to provide 25 lakh meals to the workers of restaurant community who are in distress. According to a ANI report: As part of the initiative, whenever any consumer adds …

Pepsi joins hands with NRAI, Swiggy to support restaurant communityRead More

India: Foodservice & restaurant sector in the post-corona world

The Covid-19 crisis that is currently sweeping the world is going to have a lasting impact on our society. From the way we do business to the way we interact with each other and from the way we communicate to the way we socialize. The lockdowns, social distancing and restrictions on movement that are in …

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Restaurant industry takes up PM’s call to feed the poor; will serve 10 million meals during the lockdown

The National Restaurants Association of India (NRAI) has extended its wholehearted support to the Prime Minister’s appeal made during his address to the nation yesterday about caring for the underprivileged and daily wage earners during the current crisis. In his address, PM Modi appealed to every Indian to accord topmost priority to providing food to …

Restaurant industry takes up PM’s call to feed the poor; will serve 10 million meals during the lockdownRead More

Panera Bread is selling groceries as restaurant sales plummet

A Panera Bread shop displays a sign they are open amid the coronavirus pandemic on April 5, 2020 in New York City. John Lamparski | Getty Images Panera Bread is selling groceries as housebound consumers eat fewer meals from restaurants.  Customers are able to order breads, bagels, milk, yogurt, cream cheese and fresh produce as …

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Toast, $5 billion start-up, reeling from coronavirus restaurant impact

A sign hangs on the door of a shuttered restaurant in the Chicago Loop on March 19, 2020 in Chicago, Illinois. Scott Olson | Getty Images When the calendar turned to 2020, Toast was one of the hottest names in technology. Shares of the privately held company, which makes software for restaurants, were in high …

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Restaurant suppliers pivot to grocery, direct sales during coronavirus pandemic

A worker moves a box of Sysco Corp. plastic bowls at the company’s distribution facility in Des Plaines, Illinois Daniel Acker | Bloomberg | Getty Images Regalis Foods imports truffles, mushrooms, exotic seafoods and other pricey foods for high-end New York restaurants. Two weeks ago, sales were up 60% from a year ago. Then, 99% …

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