Restaurants cut jobs last month. Restaurants and bars culled 15,700 positions in January, according to new data from the U.S. Bureau of Labor Statistics.
KFC U.S. continued its struggles in the fourth quarter, with same-store sales down 5% and also finishing the year down 5% on average. Executives of parent company Yum Brands didn’t share much of a plan for the legacy chicken concept but did note that its Saucy spinoff has yielded promising results so far and that the company plans to expand the test “pretty dramatically” this year.
A dispute is brewing at one of Twin Peaks’ most successful franchisees. The former COO of Florida-based DMD Ventures is accusing the company’s co-founders of spending corporate funds on luxury purchases and firing him when he started asking questions.
Yum Brands China saw a 36% profit surge last quarter. The separate offshoot of Yum Brands has seen steady growth and profits improvement since the second quarter of 2024 thanks to aggressive unit growth and innovation.
Get all the headlines in today’s Restaurant Daily podcast.
Jobs are opening up in the sports industry as teams expand and money flows into the industry.Excel Search &
Fired federal workers are looking at what their futures hold. One question that's come up: Can they find similar salaries and benefits in the private sector?
After two days of increases, mortgage rates are back down again today. According to Zillow, the average 30-year fixed rate has decreased by four basis points t
Julia Coronado: I think it's too early to say that the U.S. is heading to a recession. Certainly, we have seen the U.S. just continue t