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Monday, jan 20
Tag:
Restaurant Industry
Lifestyle
MA Has Top 10 Food Scene In U.S., Top Culinary School Says: Here's Why
Three states in the Northeast stood out in a nationwide study for their vibrant food scenes. New York, Massachusetts, and New Jersey were ranked in the top 10 by the Auguste Escoffier School of Culinary Arts. While Hawaii easily claimed the top spot in the annual food scene rankings, New York scored high enough to earn second place. The study, which analyzed factors like restaurant spending, jobs, and independent eateries, highlighted these states for their vibrant food cultures and economic contributions. "Usually when we think of a restaurant "scene," we think on the small scal…
Lifestyle
Why Are Americans Dining Out Less? A Closer Look At Changing Habits
Rising costs and shifting priorities are reshaping how Americans approach dining out. Reports reveal a notable decline in restaurant visits, particularly among middle-class families and younger generations. Here are key factor driving the decline: Rising Menu Prices: Inflation has notably driven up the cost of dining out significantly. According to Yahoo Finance’s “6 Reasons the Middle Class Can’t Afford To Dine Out Anymore,” soaring food prices have left many consumers rethinking their restaurant habits. Economic Pressures: Broader inflationary trends are squeezing househo…
Business
Popular Italian Restaurant Chain Files For Bankruptcy, Closing Multiple Locations
Buca di Beppo is Buca di bankrupt. The popular Italian eatery chain announced it had filed for Chapter 11 this week and would close several underperforming locations, including restaurants in Pennsylvania, New Jersey, and Maryland. Like many other restaurant chains, Buca di Beppo said the business hadn't bounced back since the COVID-19 pandemic. Customer spending is lower than expected, and supply costs remain high, according to court documents. It's a common tale for several "fast-casual" dining restaurants that have failed to thrive in recent years. Revenue for…