Tag Archives: restaurant

A worker feels like a customer was too difficult when they demanded free food. He explained the situation on Reddit’s “Choosing Beggars” forum, a subreddit dedicated to “people who are being way too picky when begging for things.” According to the poster, he works at a locally owned Mexican restaurant. “The owners are two of the most kind, compassionate & selfless people I’ve ever met,” he explained. “The reader board outside of the restaurant reads as follows: ‘Hungry? No… Source link

A worker feels like a customer was too difficult when they demanded free food. He explained the situation on Reddit’s “Choosing Beggars” forum, a subreddit dedicated to “people who are being way too picky when begging for things.” According to the poster, he works at a locally owned Mexican restaurant. “The owners are two of the most kind, compassionate & selfless people I’ve ever met,” he explained. “The reader board outside of the restaurant reads as follows: ‘Hungry? No… Source link

Gas prices in the U.S. fell below $4 dollar per gallon for the first time since March, leaving Americans with more money to satisfy fast food cravings. “Never short the American appetite,” Citi Research U.S. Restaurant and Leisure Analyst Jon Tower, told Yahoo Finance (video above), adding that certain restaurant brands are now in a sweet spot to serve up returns for investors. Tower’s top picks include: YUM! Brands (YUM), Domino’s (DPZ) and Wingstop (WING). At the peak of higher gas prices in… Source link

On Monday’s Jimmy Kimmel Live!, Kevin Bacon was surprised to learn about a fast food chain in Argentina that is heavily inspired by him. “I want to ask you about something very strange,” Kimmel told Bacon while pulling up an image of the restaurant’s logo featuring the name “Kevin Bacon Fast Good” around an image of Bacon’s face. “This is a fast food restaurant in Argentina and it looks like there are locations around the world called Kevin Bacon Fast Good.” Being that the actor’s last name… Source link

If long waits or slow service suddenly bedevil a favorite restaurant, it may not be the fault of the employees you see — but rather the ones you don’t. An acute labor shortage in the restaurant industry has pushed employment in the sector about 1.5 million jobs below pre-pandemic levels. Moreover, restaurant owners don’t expect the problem to resolve itself anytime soon. Roughly half of them say recruiting and retention of employees will be their top challenge in 2022, according to a survey… Source link

Splurging on a night out at a restaurant is coming back in fashion for some, according to a new survey from Evercore ISI. The survey found a COVID-era record 74% of people say they are comfortable eating at a restaurant, above the prior high of 70% last summer. “We believe much of this increase is due to the recent 94% reduction in COVID cases in the U.S. Importantly, COVID fatigue also seems to be impacting comfort levels — comfort is higher than at any point in time since the start of the… Source link

Chipotle (CMG) on Tuesday posted fourth-quarter earnings report that mostly beat market expectations, with growth driven by a digital boom accounting for nearly 42% of sales, sending its stock on a tear in after-hours trading. Here’s what the California-based company reported, compared to Wall Street’s expectations, according to a Bloomberg consensus estimate: Shares of Chipotle, which were down nearly 3 percent compared to a year ago, spiked by over 7% in post-market trading after the… Source link

A challenging year for the restaurant space is ending just as it began: with waves of new COVID-19 infections threatening the outlook as vaccine mandates, labor shortages and inflation make tough service sector jobs even harder.  Yet Krystle Mobayeni, the CEO and founder of restaurant website platform BentoBox, told Yahoo Finance that the Omicron wave has not deterred the embattled industry. Restaurants continue to “get creative” to battle the surge, she insisted, and are using the pandemic… Source link

Investors are chowing down on shares of newly minted publicly traded hot dog chain Portillo’s.  Shares of Portillo’s (PTLO) — a Chicago-founded outfit with a cult-like following across nine states — exploded more than 50% as investors ate up the stock on its first day of trading on Thursday.  “While we are a 58-year-old company, we are still infants when it comes to our growth inflection point,” Portillo’s CEO Michael Osanloo said on Yahoo Finance Live. Osanloo isn’t kidding when he said… Source link

Portillo’s Inc. restaurant chain begins trading Thursday on Nasdaq (ticker: PTLO) Portillo’s is a Chicago institution known for hot dogs, Italian beef sandwiches and more Generates staggering avg. store volume of $8.7 million, easily topping Chipotle, Shake Shack Plans to expand to at least 600 stores from current count of 67 at 10% annual rate All locations are profitable and Portillo’s has never had to close a restaurant Demonstrated Ebitda growth in 2020 in the depths of Covid thanks to… Source link