Nothing eats into a quick-service restaurant’s profits faster than labor and food expenses, each accounting for up to 33 percent of a restaurant’s sales, according to the National Restaurant ...
"The cost of labor, food, rent and property taxes has created a situation where the small guy can't compete." ...
Dave’s Hot Chicken added menu items and tweaked operations to offset rising wages for employees in California and other ...
The fundamentals of the restaurant industry are strong, and operators are cautiously optimistic about the year ahead, ...
Seacoast restaurant owner Jay McSharry says restaurants have to manage prices of dishes closely or "you're losing money every ...
typically hovering between 3% and 5% for a small business restaurant. And then restaurants have to grapple with persistent inflation impacting the prices of ingredients, higher labor costs ...
Right now, restaurant owners with employees who earn tips are allowed to lower their hourly pay by $3.02 to offset tips ...
Restaurant workforce expected to expand by 200,000 in 2024, nearing 16 million total workers. Rising labor costs and cautious consumer spending impact profitability and operational efficiency.
(Photo By Michael Macor/The San Francisco Chronicle via Getty Images) Labor costs are through the roof and, if immigrants are banned from entering the U.S. to take restaurant jobs that most ...
That is, dishwashing machines. Automating the chore with industrial-scale equipment is among the changes the company made to counter fast-rising labor costs.