The Business of Love: Why Restaurants Thrive on Valentine’s Day
Valentine’s Day is widely known as a time to celebrate love and romance. However, for the restaurant industry, it holds a special place as one of the busiest days of the year—often only trailing behind the holiday season. Across the globe, couples flock to their favorite dining spots, hoping to share a special evening in […]
News Bites – January 2025
Super Bowl Food Spending Soars as Restaurants Roll Out Game-Day Promotions Super Bowl LVIII is set to be a major win for the restaurant industry, with an expected $17.3 billion in consumer spending, 80% of which will go toward food and beverages. Many restaurant chains are offering special promotions, from discounted wings and pizza bundles […]
Back to Office Requirements Increasing Traffic
As we see more companies roll out return-to-office mandates, many employees are feeling the weight of the transition. After years of remote work flexibility, the idea of commuting and sitting in an office again can be a tough pill to swallow for many. However, these mandates are not bad news for everyone—they affect different industries […]
Surviving the Post-Holiday Blues: Tips for Boosting Restaurant Traffic in the New Year
The holiday season is a whirlwind for restaurants—filled with bustling crowds, special events, and a steady stream of customers eager to indulge. But once the confetti settles and the New Year begins, the reality hits: the post-holiday slump. The once-bustling dining rooms can suddenly feel empty, and the drop in foot traffic can be hard […]
GLP-1 Drugs and the Implications for Bars & Restaurants
GLP-1, glucagon-like peptide-1, drugs like Ozempic, Wegovy, etc. have gained a lot of traction this year, and for good reason. These drugs, originally created to treat diabetic patients, help with obesity as well as other conditions like cardiovascular diseases and kidney diseases. Obviously, these benefits have made GLP-1 drugs very popular and sought after, which […]
Four Questions with Nick McMillan and Amanda Signorelli: Managing partners at the Golden Steer
The Golden Steer is more than just a steakhouse, it’s a piece of Las Vegas history. Sinatra, Muhammad Ali and Elvis dined there. Mob bosses held dinner meetings in dimly lit Golden Steer booths, coming and going through a secret back entrance. Nick McMillan and Amanda Signorelli are the husband and wife team managing the […]
Four Questions with Anand Gala: Managing Partner of Gala Capital Group
Anand Gala’s life in the restaurant industry started at a very young age when his mother became one of the first franchisees for Jack-in-the-Box. Today, he’s managing partner of Gala Capital Partners, an investment and holding company whose portfolio includes CiCi’s Pizza, Famous Dave’s Barbeque, Rusty Taco and MOOYAH Burgers, Fries & Shakes. Michael and […]
News Bites – December 2024
Restaurants Shrunk Inflation Gap with Grocery Stores, Smallest Difference in 20 Months Restaurants closed the inflation gap with grocery stores in November, marking the smallest difference since April 2023. Despite some price increases in grocery stores, many consumers are still opting for home-cooked meals to save money. This trend highlights the challenges restaurants face as […]
Four Questions with Shannon O’Shields: VP of Marketing for Rubix Foods
Rubix Foods has its finger on the pulse of the hottest flavor trends and brings those trends to life for roughly 70% of the top QSR and FSR restaurant brands in the nation. Shannon O’Shields is the VP of marketing for Rubix and a recent guest on our food and beverage podcast, Forktales. Among the […]
News Bites – November 2024
Restaurant Market Share Hit New High when Compared to Grocery Shopping in October According to U.S. Census Bureau data, restaurants earned a 56.4% market share in October compared to groceries and supermarkets occupying the remaining 43.6% market share. This marks a new all-time high for the restaurant industry. Many return-to-office policies and requirements may be […]