Posts filtered by tags: National Restaurant Association[x]


 

One of the world's most famous restaurants is cutting meat and fish from its menu

The meal follows recipes by chef Daniel Humm. Neilson Barnard/Getty Images for Blancpain Eleven Madison Park will no longer serve its famous lavender-and-honey glazed duck or butter-poached lobster. The restaurant will be entirely vegan except for the option to have milk with tea and honey. It will be the first three-Michelin-star restaurant to do away with meat and seafood. See more stories on Insider's business page. Daniel Humm, a world-renowned chef and the owner of one of the worl...
Tags: New York, News, Life, Restaurants, Trends, Culture, Retail, Michelin, Wall Street Journal, Vegan, National Restaurant Association, Emp, Queens New York, Eleven Madison Park, Humm, Pandemic


More than half of Americans say they feel comfortable dining indoors

Stephanie Keith/Getty Images The COVID-19 pandemic drastically shifted how people feel about eating inside restaurants. A Morning Consult poll reports that 57% of Americans feel comfortable, a record high. The same poll shows that 68% of people are also willing to eat outdoors at restaurants. See more stories on Insider's business page. Now that COVID-19 vaccine accessibility is at an all-time high, the majority of Americans are finally ready to eat indoors at restaurants, new polling...
Tags: News, Cdc, Life, Trends, Joe Biden, Retail, Poll, Biden, Anthony Fauci, National Restaurant Association, US Centers for Disease Control and Prevention, Kate Taylor, Aylin Woodward, Morning Consult, Stephanie Keith Getty, Coronavirus


SBA Announces Official Restaurant Revitalization Fund Application and Guidelines

Restaurateurs have been among the hardest hit by the Covid-19 pandemic. To help the restaurant industry recover, the American Rescue Plan established a $28.6 billion Restaurant Revitalization Fund (RRF) at the Small Business Association (SBA). The SBA has subsequently announced key details on application requirements, eligibility, and a program guide for the Restaurant Revitalization Fund (RRF). Funds will be administered by the SBA to small restaurants in the US that have been most heavily imp...
Tags: Congress, US, Sales, National Restaurant Association, Guzman, SBA, RRF, Small Business News, The Association, Small Business Association SBA, American Rescue Plan, Isabella Casillas Guzman


Restaurants Reopening: Where Do They Stand, And How Do They Recover From COVID?

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Tags: Business, New York, News, Boston, Restaurants, Biden, National Restaurant Association, Lilly, Jan, CBS Detroit, Cornell s School of Hotel Administration, Norm Elrod, Lilly Jan, Tom Bené, National Restaurant Association Amid


‘It’s been exhausting, tiring, maddening’: A year of tumult for LA restaurants during pandemic

When health officials declared a global pandemic nearly a year ago, Carey Ysais was forced to make some painful decisions to keep the lights on at his North Hollywood restaurant. Almost overnight, the owner of a sushi restaurant and bar Kahuna Tiki saw how his sales plummeted, forcing him to lay off most of his staff. He dug into savings to pay for rent and other expenses. He stepped into the kitchen to help his chef make sushi while his wife was putting orders together. “We were working 60 hour...
Tags: Business, New York, News, Congress, La, Restaurants, Los Angeles, Sport, Soccer, San Jose, Pasadena, Local News, Teamsters, Gavin Newsom, National Restaurant Association, Napa Valley


This chart shows which industries are still struggling to regain jobs since the start of the pandemic

Restaurant staff tend to patrons having dinner on the first day of full capacity seating on September 25, 2020 in Tampa, Florida. Octavio Jones/Getty Images The US only added 49,000 jobs in January, far below the expected number of job gains. The following chart shows how employment in different industries has changed since February 2020.  Motion picture and sound recording industries are the farthest below their pre-pandemic employment. Visit the Business section of Insider for more stori...
Tags: Jobs, US, Trends, Economy, Bureau of Labor Statistics, Economic recovery, Recovery, United Airlines, National Restaurant Association, Bunker, Tampa Florida, Nick Bunker, Coronavirus, BI Graphics, Madison Hoff, American Airlines and United


Olive Garden's parent company is offering all of its hourly restaurant employees paid time off to get the COVID-19 vaccine

A patient receives an injection of the Oxford/AstraZeneca COVID-19 vaccine. BEN STANSALL/AFP via Getty Images Olive Garden's parent company is offering hourly workers paid time off to get the COVID vaccine.  The vaccine will not be required, but the company is strongly encouraging workers to get vaccinated. It's the first national restaurant group to offer workers paid time off to get the vaccine. Visit Business Insider's homepage for more stories. Olive Garden's parent company is offering...
Tags: Washington, Restaurants, Trends, Retail, Darden Restaurants, Starbucks, Seattle, Cnbc, Marc Benioff, Olive Garden, National Restaurant Association, Lee, LongHorn Steakhouse, Center for Disease Control and Prevention, Darden, Sean Kennedy


Subway reportedly closed 10% of its stores last year as the fast-food chain struggles with pandemic restrictions and slumping sales

A Subway employee making a sandwich. Prachana Thong-on/Shutterstock Subway closed between 2,200 to 2,400 locations last year, Restaurant Business reported. The food and restaurant industry lost nearly $120 billion in sales during the onset of the pandemic. Subway closed over 1,000 locations in the US in 2019, as sales dropped by $210 million. Visit Business Insider's homepage for more stories. Subway, the biggest fast-food chain in the world, lost about 10% of its restaurants in 2020, Rest...
Tags: Post, News, Subway, Restaurants, US, Trends, Connecticut, Fast Food, Retail, Lunchbox, National Restaurant Association, McDonald, Jared Fogle, Chick, GrubHub, Fogle


Why A Vaccine For COVID-19 Won’t Restore Small Businesses Overnight

by Terry Monroe,  founder and president of American Business Brokers & Advisors (ABBA) and author of “Hidden Wealth: The Secret To Getting Top Dollar For Your Business“ The vaccine for the COVID-19 virus recently began shipment. The Wall Street Journal states it will take until sometime in March of 2021 to vaccinate the first 100 million individuals with the highest priority of getting the vaccine. That would leave well over  200 million Americans still in need of the vaccine as we head int...
Tags: Startups, Small Business, United States, Wall Street Journal, National Restaurant Association, U S Small Business Administration, Thinking Aloud, COVID-19, Terry Monroe, American Business Brokers Advisors ABBA, ForbesBooks Monroe


Insider Retail: The best retail stories of 2020 - and what to expect in 2021

KFC launched a viral new fried-chicken-and-doughnut sandwich earlier this year. Irene Jiang/Business Insider Happy New Year! We've finally made it. The year 2020 featured a global pandemic, an economic downward spiral, and an unforgettable presidential election. In the world of retail, 2020 was similarly grim, with a massive wave of store closures and industry bankruptcies defining much of the shopping landscape throughout the year.But, believe it or not, 2020 also had its good moments.Toda...
Tags: Amazon, Trends, Manhattan, Calvin Klein, Cvs, Kfc, National Restaurant Association, Travis Scott, Disney World, McDonald, Hershey, Charli, Walmart Costco, Peloton, Lincoln International, YogaWorks


New Trump rule could cost waiters more than $700 million in lost wages by allowing employers to take more of their tips to pay other workers

A new Trump administration regulation could cost tipped employees more than $700 million in lost wages, a 2019 analysis found. Joe Raedle/Getty Images A new rule published by the Department of Labor on Tuesday would allow restaurant owners to take employees' tips to pay "back-of-the-house" workers such as cooks and dishwashers. An analysis by the Economic Policy Institute found that change could cost workers more than $700 million. The regulation would also allow employers to require tippe...
Tags: Politics, Restaurants, Trends, Joe Biden, Tips, Retail, Charles Davis, National Restaurant Association, Trump, Economic Policy Institute, Department of Labor, EPI, Joe Raedle Getty, Restaurant Industry, Trump Administration, Jared Kushner


New Trump rule could cost waiters more than $700 million in lost wages, allowing employers to take more of their tips to pay other workers

A new Trump administration regulation could cost tipped employees more than $700 million in lost wages each year. Joe Raedle/Getty Images A new rule published by the Department of Labor on Tuesday would allow restaurant owners to take employees' tips to pay "back-of-the-house" workers, such as cooks and dishwashers. An analysis by the Economic Policy Institute found that change could cost workers more than $700 million in lost wages. The regulation also allows employers to require tipped e...
Tags: Politics, Restaurants, Trends, Joe Biden, Tips, Retail, Charles Davis, National Restaurant Association, Trump, Economic Policy Institute, Department of Labor, EPI, Joe Raedle Getty, Restaurant Industry, Trump Administration, Jared Kushner


New Trump rule could cost waiters more than $700 million in lost wages, allowing employers to take more of their tips to pay other workers

A new Trump administration rule could cost tipped employees more than $700 million in lost wages each year. Joe Raedle/Getty Images A new rule published by the Department of Labor on Tuesday would allow restaurant owners to take employees' tips to pay "back-of-the-house" workers, such as cooks and dishwashers. An analysis by the Economic Policy Institute found that change could cost workers more than $700 million in lost wages. The regulation also allows employers to required tipped employ...
Tags: Politics, Restaurants, Trends, Joe Biden, Tips, Retail, Charles Davis, National Restaurant Association, Trump, Economic Policy Institute, Department of Labor, EPI, Joe Raedle Getty, Restaurant Industry, Trump Administration, Jared Kushner


From restaurants to retailers, COVID transformed economy

By PAUL WISEMAN and ALEXANDRA OLSON | AP Business Writers NEW YORK — It would be just a temporary precaution. When the viral pandemic erupted in March, employees of the small insurance firm Thimble fled their Manhattan offices. CEO Jay Bregman planned to call them back soon — as soon as New York was safe again. Within weeks, he’d changed his mind. Bregman broke his company’s lease and told his two dozen or so staffers they could keep working from home — possibly for good. The gains were at once ...
Tags: Amazon, Verizon, Business, New York, Hollywood, Texas, News, Congress, California, Washington, China, Massachusetts, India, California News, San Francisco, Walmart


Fast food franchisees collected more than $1 billion in federal PPP aid earmarked for small businesses, analysis finds

A Pizza Hut location, which is owned by Yum Brands Inc, is pictured ahead of their company results in Pasadena, California, U.S., July 11, 2016. Mario Anzuoni/Reuters The federal PPP program gave loans to small businesses to keep employees on payrolls.  The maximum loan was $10 million, and loans could be forgiven under certain circumstances.  Franchisees who owned multiple locations of fast-food chains received $1 billion in aid, the Counter reported. Visit Business Insider's homepage for...
Tags: Florida, Usa, Texas, Minnesota, Trends, Pizza Hut, PPP, Girl Scouts Of America, Taco Bell, National Restaurant Association, Reuters, Wendy, McDonald, Treasury Department, Pasadena California, Mario Anzuoni


Restaurant closings top 110,000 with industry in ‘free fall’

By Carolina Gonzalez | Bloomberg More than 110,000 restaurants have closed permanently or long-term across the country as the industry grapples with the devastating impact of the Covid-19 pandemic. And more pain is ahead, with a potential shutdown of indoor dining in New York City just as the temperatures drop. The nationwide tally — representing one in six U.S. eateries — is among the findings of a survey released Monday by the National Restaurant Association. The figure was up from about 100,0...
Tags: Business, New York, Congress, California, Washington, Restaurants, New York City, Bloomberg, Sport, Soccer, SEC, Pasadena, Andrew Cuomo, Illinois, Cuomo, National Restaurant Association


'A slap in my face': LA restaurant owner's video showing a film shoot's catering tent set up next to her closed eatery goes viral

" Restaurants, bars and entertainment at LA Live remain closed in Los Angeles due to restrictive Coronavirus measures on April 21, 2020 in Los Angeles, California. Tibrina Hobson/Getty Images Restaurant owner Angela Marsden made a video showing the film crew set up next door to her closed restaurant. LA County has banned all outdoor dining and issued new stay-at-home orders. Restaurants are struggling financially across the country. Visit Business Insider's homepage for more stories. A ...
Tags: Congress, La, Los Angeles, Trends, New York Times, National Restaurant Association, McDonald, Los Angeles County, Los Angeles California, LA County, Marsden, LA Live, Pineapple Hill Saloon Grill, Mary Meisenzahl, Angela Marsden, Tibrina Hobson Getty Images Restaurant


Roughly 17% of US restaurants have permanently shut down since the start of the pandemic as industry leaders warn of an 'unprecedented economic decline'

A Friendly's restaurant with a "closed" sign. Jonathan Wiggs/The Boston Globe/Getty Images Since the onset of the pandemic, 17% of US restaurants have permanently shut down — about 110,000 establishments.  That's according to a new survey from the National Restaurant Association, which was shared on Monday with the majority and minority leaders of both the Senate and House of Representatives. Last week, restaurant sales dropped to their lowest level since the start of August, according...
Tags: News, Congress, Senate, Restaurants, US, Trends, House Of Representatives, Ubs, Retail, National Restaurant Association, Boston Globe, The National Restaurant Association, Restaurant Industry, Sean Kennedy, Jonathan Wiggs, Avery Hartmans


Los Angeles said it will provide $800 to thousands of food-service workers, as a 2nd stimulus plan languishes in Congress

Empty patio tables separated by plastic dividers adorned with American flags are seen at Mel's drive-in diner in West Hollywood, California on November 30, 2020, after Los Angeles County banned outdoor dining in an attempt to stem the latest surge in coronavirus cases. ROBYN BECK/AFP via Getty Images Los Angeles food service workers are eligible to receive a one-time $800 payment, Mayor Eric Garcetti announced Wednesday. The money will come from Garcetti's nonprofit, The Mayor's Fund, ...
Tags: Politics, Congress, Restaurants, Los Angeles, Trends, Economy, Gop, Charles Davis, Eric Garcetti, Mel, National Restaurant Association, Los Angeles County, Los Angeles City, Garcetti, West Hollywood California, Robyn Beck


Political gridlock is delaying another coronavirus relief bill — and it has potentially devastating consequences for the US economy

Senate Majority Leader Mitch McConnell and House Speaker Nancy Pelosi. Alex Wong/Getty Images; Sarah Silbiger/Getty Images Congress hasn't passed another federal relief bill ahead of Election Day because of political gridlock. It may have devastating consequences for millions of workers and small businesses. Lawmakers could act during a lame-duck session after the election, but it's unclear whether President Donald Trump would support a bill. Millions of people could lose unemployment bene...
Tags: Politics, Congress, Washington, Senate, White House, Disney, US, Trends, Markets, Exxon Mobil, Analysis, House, New York Times, Treasury, Mitch McConnell, Evictions


Ghost Kitchens

Virtual or ghost kitchens have been one of the restaurant industry’s bright spots in an otherwise gloomy year. With Halloween just days away, what better time is there to talk about ghost kitchens?  In a recent editor’s note Lisa Jennings, the executive editor of Nation’s Restaurant News (NRN), called the “virtual restaurant trend” a “tectonic shift.” Ghost kitchens are delivery-only restaurant facilities. They come in more types and varieties than you might think (it’s all reported in the Septe...
Tags: Business, Trends, Euromonitor, National Restaurant Association, Right Now, Jennings, Technomic, Foodservice, Michael Schaefer, Melissa Wilson, Nancy Luna, Lisa Jennings, Restaurant News NRN


Congress hasn't approved a coronavirus relief bill, putting the US at risk of repeating a critical mistake from Obama's 2009 stimulus. Democrats want to avoid it.

Drew Angerer/Getty Images; Zach Gibson/Getty Images; Congress.gov; Samantha Lee/Business Insider Congress adjourned without passing another stimulus bill at a moment many experts say it is critical to prop up the economy. "With each passing each week, the ditch we're gonna have to crawl out of digs deeper," economist Wendy Edelberg said. Democrats appear eager to avoid repeating what many economists say was a key mistake from 2009, pulling back government spending too soon. "If I'm the ch...
Tags: Politics, Obama, Republicans, Congress, Washington, Senate, White House, US, Barack Obama, Trends, Markets, Bloomberg, Joe Biden, Economy, Analysis, Policy


Writer Anand Giridharadas brutally criticized corporate board members at a conference, asking them 'where were you' on the climate crisis, opioid epidemic, and widening inequality

Anand Giridharadas sparked backlash at an event for corporate board members this week. Matt Winkelmeyer/Getty Images Anand Giridharadas set off shockwaves this week when he lambasted corporate board members when speaking at the National Association of Corporate Directors' annual summit.  Giridharadas called out board members in his remarks, saying "a lot of your children and grandchildren do not respect your work." He also argued that board members failed by allowing companies to fuel clim...
Tags: Facebook, New York, China, Elizabeth Warren, America, Trends, Joe Biden, United States, New York Times, Peter Thiel, Catholic Church, Fox News, Piketty, Biden, News Corp, Donald Trump


Writer Anand Giridharadas brutally criticized corporate board members at a conference, asking them 'where were you' on the climate crisis, the opioid epidemic, and widening inequality

Anand Giridharadas sparked backlash at an event for corporate board members this week. Matt Winkelmeyer/Getty Images Anand Giridharadas set off shockwaves this week when he lambasted corporate board members in a discussion at the National Association of Corporate Directors' annual summit. Giridharadas called out board members, telling them that "a lot of your children and grandchildren do not respect your work." He also argued that board members failed by allowing companies to fuel climate...
Tags: Facebook, New York, China, Elizabeth Warren, America, Trends, Joe Biden, United States, New York Times, Peter Thiel, Catholic Church, Fox News, Piketty, Biden, News Corp, Donald Trump


Inside Starbucks' political strategy and the millions it spends on lobbying as the coffee giant makes an unprecedented effort to get people to vote

Starbucks Starbucks is making a major push to get workers involved in the 2020 election, including offering free Lyft rides to vote.  Unlike some other chains, the coffee giant does not donate to political candidates directly or via political action committees.  Starbucks has spent $520,000 in the first half of 2020 lobbying on policies concerning immigration, employee mental health benefits, and civic engagement.  The chain earned a reputation as a progressive brand under the leadership ...
Tags: Lyft, Trends, Joe Biden, Hillary Clinton, PAC, Howard Schultz, Starbucks, Johnson, Biden, Kevin Johnson, Kfc, Clinton, Taco Bell, National Restaurant Association, Trump, Democratic Party


'This is incredibly cruel': Experts say Trump's move to end stimulus negotiations could hurt millions of Americans on unemployment and set back the economy

REUTERS/Joshua Roberts Trump abruptly ended stimulus negotiations on Tuesday, all but delaying more federal coronavirus aid until next month. "It'll mean more people dropping into poverty and people making terrible choices between rent, medicine, and food on the table," Heidi Shierholz, senior economist at the Economic Policy Institute, told Business Insider. The nation's economic recovery is already wobbly and could backtrack in the coming weeks, another expert said. Visit Business Insid...
Tags: Politics, Republicans, Congress, White House, US, Trends, Markets, Economy, Policy, Democrats, Donald Trump, Stimulus, Unemployment Insurance, National Restaurant Association, Trump, Powell


Sizzler files for bankruptcy as the pandemic demolishes sales at casual-dining restaurants

Sizzler is the latest restaurant chain to file for bankruptcy due to the coronavirus pandemic. Richard Hartog/Getty Images Casual dining chain Sizzler filed for Chapter 11 bankruptcy on Monday.  "Our current financial state is a direct consequence of the pandemic's economic impact due to long-term indoor dining closures and landlords' refusal to provide necessary rent abatements," Sizzler President Chris Perkins said.  Other restaurant chains to file for bankruptcy during the pandemic incl...
Tags: California, US, Trends, Accenture, National Restaurant Association, Chris Perkins, Wright, U S Bankruptcy Court, Northern District of California, Sizzler, Kate Taylor, California Pizza Kitchen, Business Insider According, Oliver Wright, Irene Jiang, Richard Hartog Getty Images Casual


More Than Half Of Businesses That Closed During The Pandemic Won’t Reopen, Yelp Says

(CNN) — About 60% of businesses that have closed during the coronavirus pandemic will never reopen, and restaurants have suffered the most, according to new data from Yelp. The reviews site has been keeping tabs on closures since March. Businesses can update their status to temporarily or permanently closed on Yelp. As of August 31, nearly 163,700 businesses on Yelp have closed since March 1, the company said, marking a 23% increase from July 10. Of those, about 98,000 say they’ve shut their doo...
Tags: Business, Cnn, Miami, National Restaurant Association, US Centers for Disease Control and Prevention, Consumer, Los Angeles New York Chicago, Cable News Network Inc, WarnerMedia Company, Coronavirus, Coronavirus News, Coronavirus Closures


Ad Chatter: Wear A Mask and Proceed with Caution

In this new episode of Ad Chatter, Dan Goldgeier and I discuss the value of Jack Morton’s new training program, Camp Jack; “Black to Yellow,” the new travel and tourism campaign from South Dakota and Wyoming; a new mouth-watering commercial for the National Restaurant Association; what the B Corp designation means for brands; and the […] The post Ad Chatter: Wear A Mask and Proceed with Caution appeared first on Adpulp.
Tags: Advertising, Wyoming, South Dakota, B Corp, National Restaurant Association, Jack Morton, Dan Goldgeier, Ad Chatter, Camp Jack


Restaurant rewards booking app Seated nabs $30M, acquires VenueBook to add events

The restaurant industry has been slammed hard by the coronavirus outbreak, with venues in many cities in the US and beyond shuttered or restricted in how they can serve customers — to say nothing of the comfort level of customers themselves to dine in public venues — in the name of helping contain the spread of infections. But today, a startup that has built a platform to help them manage their bookings business better is announcing a round of funding and an acquisition to help those restaurante...
Tags: TC, UK, New York, Washington, US, Tech, Chicago, Bay Area, National Restaurant Association, Everyday Health, Peabody, GrubHub, Harvard Business School, Lycos, Ziff Davis, Rho Capital Partners