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Tag: Restaurants

Restaurants are in ‘fight mode right now,’ Dunkin’ Brands CEO says

A Dunkin’ worker hands a coffee out of a drive-thru window wearing gloves and a mask as the Coronavirus continues to spread on March 17, 2020 in Norwell, Massachusetts. MediaNews Group | Boston Herald | Getty Images When the pandemic hit the U.S., shuttering restaurants large and small around the country, Dunkin’ Brands leaned into …

Restaurants are in ‘fight mode right now,’ Dunkin’ Brands CEO saysRead More

Chipotle Mexican Grill (CMG) Q2 2020 earnings top estimates

An employee prepares a burrito bowl at a Chipotle Mexican Grill Inc. restaurant in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday reported quarterly adjusted earnings that were down 90% from the year-ago period as dining room closures hit business and dented operating margins. But many customers moved to order …

Chipotle Mexican Grill (CMG) Q2 2020 earnings top estimatesRead More

Retailers and restaurants enter a very different landscape

The Ledbury As non-essential retailers reopen their stores for the first time in three months they return to a very different environment to the one they left when lockdown was enforced. Over the coming weeks they will realise that some elements of their operations will be changed indefinitely and there will unfortunately be some casualties …

Retailers and restaurants enter a very different landscapeRead More

Apparel, restaurants, footwear among retail to take a hit by COVID

COVID-19 will have an impact across the board on discretionary categories in the retail sector as limited social interactions and increased WFH trends may hit apparel, quick service restaurants (QSR) and footwear players. Slow demand recovery will aggravate cost pain for companies. Strong growth case built on both store expansion and will pause. Over a …

Apparel, restaurants, footwear among retail to take a hit by COVIDRead More

Impossible Foods begins selling its meatless sausage to restaurants nationwide

Starbucks Impossible sausage breakfast sandwich. Source: Starbucks Impossible Foods announced Monday that its meatless sausage will now be sold to restaurants nationwide.  The Impossible Sausage is already available at U.S. locations of Restaurant Brands International’s Burger King and Starbucks, but now other chains and independent restaurant owners can also put the meat-free sausage on their …

Impossible Foods begins selling its meatless sausage to restaurants nationwideRead More

Plastic waste surges as restaurants use more disposable packaging

A woman wearing a face mask and a plastic bag pulls a cart loaded with bags of recyclables through the streets of Lower Manhattan during the outbreak of the novel coronavirus (which causes COVID-19) on April 16, 2020 in New York City. Johannes Eisele | AFP | Getty Images As the country re-opens after months …

Plastic waste surges as restaurants use more disposable packagingRead More

Chef Jean-Georges to use QR codes to limit contact in restaurants

As New York City enters phase two of reopening, restaurateurs like Jean-Georges Vongerichten are anxiously awaiting the new normal after shutting their doors for more than three months. The city is predicting 5,000 restaurants will begin offering outdoor dining as part of the phase two reopening. The restaurant industry has been hit particularly hard by …

Chef Jean-Georges to use QR codes to limit contact in restaurantsRead More

Darden Restaurants (DRI) Q4 2020 earnings hurt by coronavirus closures

An Olive Garden restaurant in Times Square in New York. Richard Levine | Corbis | Getty Images Darden Restaurants on Thursday reported that same-store sales were nearly cut in half during the fiscal fourth quarter as dining room closures from the coronavirus pandemic weighed on its revenue. But the Olive Garden parent expects its business to …

Darden Restaurants (DRI) Q4 2020 earnings hurt by coronavirus closuresRead More

NRAI’s SoP suggests 2-metre gap between tables in restaurants

The National Restaurant Association of India (NRAI) on Thursday came up with a Standard Operating Procedure (SOP) for restaurants whereby among other social distancing norms, it has suggested a 2-metre gap between tables. Formulated in partnership with Releski, a Bengaluru based skill-tech company, the SoP suggests that in case of back-to-back seating, people sitting with …

NRAI’s SoP suggests 2-metre gap between tables in restaurantsRead More