WINSTON-SALEM N.C. Krispy Kreme Doughnuts Inc. reported a 54-percent decline in first-quarter profit as revenue fell 10 percent and lease termination costs and charges from credit facility changes hurt the parent...
COLUMBUS Ohio Bob Evans Farms Inc. stock surged more than 15 percent on Wednesday afternoon after the company beat Wall Street expectations for its fiscal fourth quarter earnings, which were boosted by reduced cost of...
CHICAGO —While restaurateurs acknowledge the economy will continue to dominate business this year, many say they are utilizing the downturn to find ways to improve...
WASHINGTON —According to the April Consumer Price Index, price inflation for food away from home rose faster than that for food at home, a trend that could push more...
NEW YORK Both restaurant operators and consumers are providing mounting evidence that the end of the industry’s downturn could be near. Two monthly surveys released last week – the National Restaurant...
NEW YORK The Nation’s Restaurant News Stock Index posted on Tuesday one of its highest closing values this year on news that consumer confidence about the economy is on an upswing. Besting...
WASHINGTON The latest Consumer Price Index from the federal government showed that price inflation rose faster for food away from home as compared with food at home, a trend that could push more consumers away from...
IT’S BEEN DUBBED THE GREAT RECESSION. It’s been characterized as a perfect storm. It’s been described as the worst operating environment that many restaurateurs can remember.Today’s economic setting—with its reduced...
Operators of all kinds say the battle of running a restaurant is won or lost within a unit’s four walls.The number of customer transactions, the gross profit on each item, the cost control of food, labor and...
High-end steakhouses have been hit hard during this recession, as both consumers and businesses rein in their spending on big-ticket meals. In New York City, the pain has been particularly acute, as...
