restaurants

National Restaurant Association Educational Foundation Awarded a $4.5 million Grant

Today it was announced that the U.S. Department of Labor has awarded the National Restaurant Association Educational Foundation (NRAEF) a $4.5 million grant to launch a new training program for young adults who have been in the justice system and served time. This is the largest grant ever received by the NRAEF. The program is […]

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McDonald's Restaurant lowers prices on drinks as industry slumps

McDonald’s, the biggest food service company leads a $228 billion U.S. fast-food industry that faces slackening growth. After increasing 2.4 percent last year, revenue gains will slow to 1.5 percent this year and 1.6 percent in 2018, data from researcher IBISWorld show. McDonald’s shares have gained 5 percent this year, about the same as the

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Purloined Vendor Credentials Lead To Jimmy John's Point Of Sale Fail

News has arrived of another point of sale (POS) security infiltration; one similar to those which compromised Target, Neiman Marcus, UPS, Michaels Stores, Walmart and SuperValu. We found details of the malware attack in a recent post on the personal finance website PFHub.com, “Malware Installed on Jimmy John’s POS System: Data Breach,” which states that

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Franchise Coach Sees A World Of Opportunities, If You Ask The Right Questions

Franchising is booming. FRANdata says demand for franchise units is expected to increase more than 12 percent in 2014, the highest rate of increase in five years. Furthermore, the lending shortfall for franchises (that is, the difference between projected loan demand and loan supply) is expected to be one-half that of last year’s figure. And

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Fast-Casual Diners Want Customization, Not Complexity

As foodie-ism invades American culture, news has arrived of a new trend — that fast-casual diners are looking for restaurants that excel at one thing, rather than offering dozens of mediocre dishes. In a recent post, “Huge, Terrible Menus are hurting McDonalds and Olive Garden,” Huffingtonpost.com writes, “The days of a restaurant menu that reads

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The Top 12 Franchises, Based Upon Average Annual Single-Store Sales

Nothing succeeds like success, so it’s natural that persons interested in franchise opportunities strongly consider those companies at the top of their game. In a recent blog post, “The 12 Best Fast-Food Franchises To Own,” Forbes.com lists the top twelve performers with the most sales per individual restaurant. Given the strong presence Sintel Systems has

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