This earnings season brought the addition of newly public food-and-games concept Pinstripes. Here in brief are how it and several other public companies fared during the latter part of 2023.
An oversight committee is investigating whether the tax agency is allowing the union-backed restaurant adversary to file as a non-profit despite its lobbying.
Backed by the deep-pocketed SEIU, the California Fast Food Workers Union aims to organize quick-service workers across brands. It will likely be the source of two members of the state's new wage-setting Fast Food Council.
New efforts to kill the credit are arising in Illinois and Maryland, adding to the activity in four other states and on Capitol Hill. Meanwhile, lawmakers in Washington, D.C., are considering a measure to fix the results of losing the credit there.
More than half the surveyed restaurateurs and club owners say they'd consider shutting down at least one of their operations. Nearly 9 of 10 contend it'd be a disaster.
Jeff Lobdell, president of Michigan-based Restaurant Partners Management, believes that greater industry unity is key for restaurants to overcome the various issues they face.