Fast Company 9/28
When the pandemic first hit, one of the industries most immediately affected was the restaurant industry. Many establishments closed for months, if not longer, sending the industry into a crisis. But now that industry is facing a different crisis: Diner foot traffic is almost a third higher than in pre-pandemic times, yet restaurants can’t find enough workers to serve customers.
QSR Magazine 9/27
With national labor shortages making the news in every industry, and the hospitality industry being hit the hardest, competing for workers has become a critical initiative for most employers attempting a post-pandemic rebound.
Food Industry Policy
Restaurant Hospitality 9/27
Bills that await Gov. Gavin Newsom’s signature include a ban on ‘forever chemicals’ in disposable foodware and making to-go cutlery by request only.
Bloomberg Tax 9/27
If a five-year probe of California businesses is any guide, a substantial number of U.S. restaurants are using high-tech methods to skip out on taxes.
On the Side
QSR Magazine 9/28
Portillo’s officially filed its IPO Monday, taking one step closer to trading on the stock market. The chain, based in Chicago, has yet to announce the number of shares to be offered and the price range for the proposed offering.
Food delivery continues its meteoric growth, with orders increasing by +128% in August compared to the same month two years ago, and now represents 10% of off-premises visits, according to data released by The NPD Group.