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Starbucks' slow Q3 performance in North America was impacted by the restaurant company’s investment in employee wages, better scheduling, training and equipment
The restaurant company experienced a nearly 30% digital sales increase on the quarter. Digital sales now represent over 45% of global system sales, or about $7 billion.
New data from Alignable shows that 36% of independent restaurant operators couldn’t pay their rent in July, a material improvement from 45% who reported delinquencies in June...
BJ’s Restaurants reported a 260-basis-point improvement in restaurant-level margins year-over-year, driven by labor efficiencies and an improved commodities market.