Economic News
March 12, 2021
Polyurethane Shortage Among Manufacturers’ Myriad Burdens
In a one-two punch, businesses still reeling from the coronavirus pandemic are up against a new, looming challenge brought about by last month’s severe winter storms.
March 11, 2021
What Surveys Say About Consumer Dining Behavior 1 Year Into the Pandemic
Food temperature and sanitation expectations as well as off-premise demand may outlast the pandemic, according to recent research findings.
March 1, 2021
The Good News About MAFSI’s Q4 Barometer
Foodservice industry expected to see positive sales upswing in second half of 2021
January 29, 2021
Forecasters See Double-Digit Growth Ahead
The National Restaurant Association expects restaurants to increase sales 10.2% in 2021.
December 1, 2020
MAFSI Barometer Clocks ‘Painful’ Q3 Sales Drop
Reps’ group says E&S sales dropped 24%, but vaccine offers hope for recovery in 2021.
November 20, 2020
October’s Sales Slip a Concern Ahead of Winter
Monthly restaurant sales declined for the first time since the end of the spring lockdowns, the National Restaurant Association reports.
November 5, 2020
Florida Adopts $15 Minimum Wage Amendment
Over the objection of restaurant owners, the measure will gradually raise pay over the next six years.
October 26, 2020
Sweetgreen to Layoff 20% of Corporate Staff
Company CEO says restructuring plan includes an emphasis on digital and streamlined menu.
October 7, 2020
Ruby Tuesday Is the Latest Chain To File for Chapter 11
The chain plans to close 185 stores as part of restructuring plan.
September 21, 2020
Sizzler Files for Chapter 11 Bankruptcy
The steak-and-salad bar chain points to COVID-19 for its troubles.
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