Tag #Restaurant Industry

Showing 13 to 18 of 18 results

forbes.com
🌐 75% Global Worthiness
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Egg Price Surge Forces Restaurants to Adapt Amidst Avian Flu Crisis

Avian flu outbreaks and supply chain disruptions caused a 15.2% jump in egg prices in January 2025, forcing restaurants to adapt with menu changes, supplier negotiations, and price increases to maintain profitability.

Progress

40% Bias Score

Zero Hunger
forbes.com
🌐 75% Global Worthiness
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Seattle Restaurants Fundraise for Immigration Rights

More than 100 Seattle restaurants and bars are participating in a February 7-9 fundraising event to benefit the Northwest Immigrants Rights Project and other immigration rights organizations, with each establishment choosing its own method of supporting the cause.

Progress

40% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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Improved Restaurant Sales Signal Cautious Optimism for 2025

Restaurant companies are reporting improved fourth-quarter sales, despite challenges such as McDonald's E. coli outbreak and inflation, indicating a cautiously optimistic outlook for 2025, with Starbucks' earnings kicking off the reporting season.

Progress

48% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Inflation and Avian Flu Cripple Breakfast Restaurants

Soaring egg prices, up nearly double since December 2023, are impacting breakfast restaurants' profitability, forcing price increases and menu adjustments due to inflation and supply chain disruptions affecting various breakfast staples.

Progress

40% Bias Score

Zero Hunger
forbes.com
🌐 85% Global Worthiness
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US Restaurant Industry Rebounds from Pandemic with Record Sales and Technological Shifts

From 2019-2023, the US restaurant industry experienced a significant decline followed by a strong recovery, with 2023 sales reaching a record $981 billion despite employment remaining below pre-pandemic levels; this is attributed to shifts in consumer spending, technological advancements in ordering...

Progress

36% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 65% Global Worthiness
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Chipotle Raises Prices 2% to Combat Inflation

Chipotle raised its menu prices by 2% nationally to offset inflation, a move following missed revenue forecasts despite steady customer traffic and controlled operating costs; this comes after CEO Brian Niccol's departure and amid concerns about portion sizes.

Progress

40% Bias Score

Showing 13 to 18 of 18 results