Applebee's touch-screen menu tablet
The growing pressure of labor inflation is driving the restaurant industry to embrace new guest-facing technologies — and rapid consumer acceptance is further spurring that move, said one Wall Street analyst in a report Thursday. In a note to investors about rising labor costs, Christopher O’Cull, senior analyst with KeyBanc Capital Markets Inc., said rising minimum wage rates and increasing health care costs are causing restaurant operators to change a fundamental aspect of the ...
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Contact: Desiree Torres Desiree.Torres@penton.com