Fine Dining

Financing

Ruth’s Chris to close its Times Square location

By Joe Guszkowski on Jan. 31, 2023

The steak chain's longtime Manhattan outpost has been hurt by the slow return of office workers.

Premium

Workforce

Don't look now but restaurants are reinventing their labor model

By Peter Romeo on Jan. 11, 2023

Signs abound that the business is awakening to the need for dramatic action.

Operations

The famed Noma to close its Copenhagen restaurant and transform into food innovation lab

By Lisa Jennings on Jan. 09, 2023

The changes will not come until 2025, but are designed to create a more sustainable workplace, says chef René Redzepi.

Food

NYC's foie gras ban is overturned

By Peter Romeo on Dec. 15, 2022

The 2019 city law outlawing the delicacy violates a state measure prohibiting urban areas from legislating what farmers can grow. The ban was originally scheduled to take effect on Nov. 25.

Financing

Levy takes minority stake in Boka Restaurant Group

By Lisa Jennings on Sep. 30, 2022

Stadium foodservice giant Levy takes minority stake in Boka Restaurant Group.

Premium

Marketing

Fine dining may not be immune to inflation pressures after all

By Lisa Jennings on Sep. 15, 2022

In New York, one restaurant promotes ‘bargain’ pricing with a $99 porterhouse for two. Will we see more value positioning in high-end restaurants?

Premium

Workforce

To stay staffed, this restaurant group is focusing on employees’ off hours

By Peter Romeo on Sep. 07, 2022

Washington, D.C.-based Knead Hospitality is adding a package of leisure perks similar to what white-collar execs might negotiate.

Leadership

Danny Meyer on the challenges all leaders face

By Peter Romeo on Aug. 02, 2022

In an interview conducted two months after the IPO of Shake Shack, a spin-off he serves as chairman, Meyer shared his take on the challenges of transitioning from entrepreneur to corporate chief.

Leadership