by sarahhiggins | Oct 12, 2016 | Uncategorized
I have worked in restaurants and foodservice my entire career: army foodservice, college bars and an early entrant to the world of chain restaurants, enlisted by Norman Brinker at Steak and Ale. Feeding people is something that I care about. My family will tell you...
by sarahhiggins | Oct 11, 2016 | Uncategorized
Past versus present For four quarters now, Financial Intelligence (formerly Black Box Intelligence) has reported that quick service is the best performing segment in the restaurant industry based on same-store sales growth. This is obviously a departure from the story...
by JoelNaroff | Oct 7, 2016 | Uncategorized
KEY DATA: Payrolls: 156,000; Private: 167,000; Unemployment Rate: 5% (up 0.1 percentage point) IN A NUTSHELL: “A lack of qualified applicants is limiting hiring while growing job openings are bringing people back into the market, all signs of a labor market near full...
by JoelNaroff | Oct 6, 2016 | Uncategorized
KEY DATA: Layoffs (Over Month): +37.7%; Over Year: -24.7%/ Claims: -5,000 IN A NUTSHELL: “If the September jobs report is lacking, the lack of available workers in the labor market may be the major reason.” WHAT IT MEANS: Tomorrow is Employment Friday and today’s data...
by JoelNaroff | Oct 3, 2016 | Uncategorized
KEY DATA: Spending: 0%; Income: +0.2%; Prices: +0.1%; Excluding Food and Energy: +0.2%/ Confidence: +1.4 points IN A NUTSHELL: “With incomes still growing slowly, consumers are not overly excited about things so they are not going out and shopping ‘till they drop.”...
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