With Good News Comes Some Challenges

We’ve been talking a lot about the recent good news from the National Restaurant Association for the upcoming year. With this good news comes some challenges for the restaurant industry. Commodity costs have been increasing pretty drastically over the last 5 years, which “they” are saying should slow down, but with the implementation of the …

Time To End Tips?

Read an article from the local CBS affiliate in San Fran/Bay Area suggesting that it’s time to change server compensation away from tips. The article mentions that this is an archaic way of compensation. I remember when I was waiting tables and tending bar the pay was much better than any other job that I …

Twenty-Five Percent of Diners Say Tech Options Factor into Restaurant Choice

The first part of this article from Hospitality Technology summarizes the National Restaurant Association’s 2015 forecast which boasts good news for the industry this year. We’ve already talked about that and are very excited for what’s to come. What I found interesting was the latter part of the article discussing consumer trends and their demand …

2015 Restaurant Industry Forecast Released

The National Restaurant Association has released it’s 2015 industry forecast and it’s looking pretty good. Here are a couple of highlights:

  • Estimated industry sales of $709.2 billion
  • Estimated to hit 1,000,000 locations in the US
  • Estimated to employ 14 million people

The biggest challenges will be rising food costs and more competition in the labor market as more jobs become available across industries.

Click here to read the full article from the Missouri Restaurant Association or view the quick 3 minute video summary from restaurant.org below.