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Topgolf is rethinking its pricing structure. The golf-and-food chain’s same-store sales fell 12% last quarter and parent company Topgolf Callaway Brands lowered its expectations for sales this year.
Restaurant chains are turning to a wide variety of tactics to get traffic in the door. Same-store sales have been broadly weak so far this year, leading operators to consider a variety of tactics ...
Sociologist Ray Oldenburg coined the term “third place” in his book The Great Good Place, published in 1989. Starbucks unquestionably mainstreamed the idea of having a physical place that ...
The Consumer Price Index rose on a seasonally adjusted basis of 0.2% in April, equating to a 12-month inflation rate of 2.3%, according to federal data released Tuesday morning. These numbers were ...
I ordered takeout from a wings restaurant on Super Bowl Sunday. Big mistake. The 45-minute wait nearly cost me kickoff. I stood there, surrounded by frantic delivery drivers, flashing hazard ...
On Wednesday, May 7, No Kid Hungry, a national campaign to end childhood hunger in America, and its supporters gathered at the New York Stock Exchange (NYSE) to launch its campaign to end summer ...
Conditions in the restaurant industry are deteriorating. That’s according to Fitch Ratings, which lowered its outlook for the U.S. restaurant industry to “deteriorating” from neutral, the ...
Over the years, Nation’s Restaurant News has supported a number of nonprofit organizations that either benefit members of the restaurant industry or actively work through the restaurant industry ...
The restaurant industry continues to face challenges even after the COVID-19 pandemic with inflation, rising costs, and changing consumer behavior. Every restaurant faces the same question: How do ...
Is the golden age of the pizza chain over? While the nation’s largest pizza brands had a shining moment during the pandemic as a category uniquely well-equipped to handle the abrupt shift to off ...
Outback Steakhouse wants to fix its value perception. Executives said the chain has lost share to steakhouse competitors on value, which includes pricing and food quality. Applebee’s is also ...
Houston-based Pappas Restaurants plans to acquire On the Border Mexican Grill & Cantina following an auction process for the Dallas-based chain, which filed for Chapter 11 bankruptcy in March.
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