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Recession

  1. recession
    Restaurant Industry’s Sales Somehow Got Even Worse in December It could be the only time in 2016 that the entire industry posted negative sales growth.
    By Clint Rainey
  2. the chain gang
    Shake Shack to Rest of the Restaurant Industry: Uh, What Recession? The chain’s third-quarter profits crushed last year’s by 150 percent.
    By Clint Rainey
  3. the chain gang
    Olive Garden Says It’d Sure Be ‘Helpful’ If More Chains Went Bankrupt 行业的斗争have gotten so real that companies are now rooting against one another.
    By Clint Rainey
  4. 坏消息
    Analysts Warn Restaurant Industry Is Headed Toward a Bad Recession It’s been an awful quarter.
    By Clint Rainey
  5. Video Feed
    Stephen Starr on the Fiscal Cliff: Keep Calm and Continue Eating and Drinking Starr’s plans for 2013 are to keep going about his business.
    By Collin Keefe
  6. Mediavore
    Mayor of Pat’s Steaks Shakes Her Fist at the Grim Reaper; Obesity Costs Plus: Whole Foods tests out Wellness Clubs; and Centre Hall newlyweds honeymoon in jail, all in our morning news roundup.
  7. Mediavore
    Paula Deen Hams It Up For Philabundance; Momofuku’s Crack Pie Is Really Almost Plus the recession in Europe is giving brasseries, gastropubs and takeout joints some comeuppance, and Thomas Keller’s $835, 11-course dinners in Hong Kong are happening this week, all in our morning news roundup.
  8. Closings
    Are Area Restaurants Closing at a Faster Rate? Is it lack of funding or lack of patience?
    By Collin Keefe
  9. Now Hiring
    Vongerichten Stocks ABC Kitchen Amid widespread industry job loss, JGV, at least, is hiring for his new project.
    By Daniel Maurer
  10. Financial Woes
    Restaurant Sales Will Improve in 2010, But Not by Much Just how much will the restaurant industry rake in this year?
    By Daniel Maurer
  11. Mediavore
    Rubio’s Rejects Buyout Offer; Former Execs Sue Ralph’s Former Ralph’s execs are suing over being scapegoated while Rubio’s doesn’t accept an offered $80 million buyout.
    By Hadley Tomicki
  12. Financial Woes
    No, Really: It’s the Perfect Time to Open a Restaurant Regina Schrambling tells why.
    By Daniel Maurer
  13. Beef
    Are Todd English’s Troubles Good for Business? The latest on the celeb chef’s busted engagement.
    By Daniel Maurer
  14. Foodievents
    City Harvest Benefit Brings Lavish Spending But Modest Dishes Eric Ripert has raised $72,000 for charity by donating a buck per customer.
    By Alexandra Peers
  15. Financial Woes
    Recession Cuts Into Cheese Business Revenue is down at Artisanal Cheese Center.
    By Daniel Maurer
  16. Mediavore
    John Lennon Loved Cream and Corn Flakes; Activists Push to Block New Convenience John Lennon had a favorite midnight snack, and some activists are trying to stop the construction of new convenience stores in South Los Angeles.
    By Hadley Tomicki
  17. Recession is Your Friend
    What to Eat at Number’s ‘Depression-Proof’ Tuesday Dinners Depression-proof dinners arrive at West Hollywood’s Numbers every Tuesday.
    By Hadley Tomicki
  18. Hard Times
    Slim Pickings for Starbucks CEO Howard Schultz is slightly less rich this year.
    By Daniel Maurer
  19. Closings
    Fabio Trabocchi Tells Fellow Chefs to Fear the Reaper The newly homeless Fiamma chef predicts 40 percent drop-offs in business, more high-profile closings, and less freedom for chefs.
    By Daniel Maurer
  20. It’s the Economy
    Some Servers Enjoy Record Nights, Others Are Scratching at the Wall A waitress offers an inside look into how restaurants are doing.
    By Daniel Maurer
  21. Hard Times
    Today in Austerity Measures: Soups, Sandwiches, and Less Cheese The ‘Times’ is focusing on simple soups and sandwiches, and McDonald’s is considering killing the $1 Double Cheeseburger.
    By Alexander Basek
  22. British Invasion
    The MPW Zone Marco Pierre White plans to open sports bars (sports bars!?!) in two American cities.
    By Daniel Maurer
  23. Dining Dollars
    Crisis? What Crisis? Not all Wall Streeters are crying into cheap beers.
    By Daniel Maurer
  24. NewsFeed
    The Foreseeable Future of Dining: Lunch Specials and Overbooked Tables? In the current restaurant economy, it may be easier to score a prime table, but Frank Bruni says it’s all an illusion.
    By Daniel Maurer
  25. NewsFeed
    How a Bistro Stays Open in Tough Times Cut the cream, for starters.
  26. NewsFeed
    Higher Food Costs Are Literally a Buzz Kill Ten “sneaky restaurant tricks” to look out for as food costs rise and restaurateurs cut corners to avoid hiking up the prices on their menus.
  27. Mediavore
    What the Candidates Will Be Drinking in Kentucky; Judge to Make the Call on Presidential candidates should brush up on their bourbon knowledge before heading to Kentucky, a judge will decide the fate of a new Union Square restaurant today, and a new pizza tour bus rolls into town.
  28. Mediavore
    Shake Shack Serves Top Dog; Burger King to Open Whopper Bars One writer claims Shake Shack serves the best hot dogs in New York, Michael Psilakis talks more about the new Kefi, and the owner of Gristede’s wants to be our mayor.
  29. Mediavore
    Starbucks Closes for Training, Dunkin’ Hopes to Benefit; Late-Night Eating Not Every Starbucks location in the country will be closed from 5:30 to 8:30 this evening, and Dunkin’ Donuts is sure to reap the benefits by offering small espresso drinks for 99 cents. [Snack] Though restaurants seem to be recession-proof, consumers’ budgets and diets are not. Soaring food prices — milk costs 36 percent more now than it did a year ago — have some New Yorkers changing their grocery habits and eating out less. [NYDN] Mayor Bloomberg and City Council Speaker Christine Quinn announced a proposal yesterday to give 1,000 new licenses to street vendors who will sell produce items in neighborhoods with high rates of obesity and heart disease. [Metro NY]
  30. Mediavore
    A Recession-Proof Restaurant Scene?; Death & Co. Owner Disgusted by Hassles With all the exciting new restaurants opening in town, you’d never know there’s talk of a recession. But Frank Bruni figures anything opening now was planned a few years ago in better economic times, which makes us worry about restaurant openings in 2010. [NYT] Death & Co. can continue to operate until mid-April, but don’t expect owner David Kaplan to produce any more nightlife destinations after that: “I’ll never open another bar, another restaurant, a deli, a fucking bodega — I’ll never open up anything ever again in New York.” [NYO] The current cocktail craze has led to a lot of handmade – and therefore illegal – ingredients being mixed into drinks. Marijuana-infused gin, anyone? [NYP]