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Nasdaq Crashes, Restaurants Scramble – How the Hospitality Industry Reacts to Stock Market Downturns

Paper Chase Accountancy

in December 2007–June 2009, relative to pre-recession period levels. In reaction to the tariff announcement, the Dow Jones Industrial Average dropped over 4,000 points over two days in April 2025, marking a 9.48% decline. Looking back at the most recent recession, dining out dropped 8.8% decline over 88 trading days.

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MRM Franchise Feed: CPK in Canada and Real Famous BBQ

Modern Restaurant Management

over the years, our family has always made a point of eating at CPK. . over the years, our family has always made a point of eating at CPK. As part of its accelerated global growth focus, CPK intends to further expand in Canada, including to Vancouver, British Columbia and Toronto, Ontario. Giorgio Minardi and Naheed Shariff.

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MRM Franchise Feed: Wing Zone Revitalization and Real Food BK

Modern Restaurant Management

Ike’s locations have industry-leading average unit volumes, which have only gotten stronger since the company overhauled its marketing technology stack, including an upgraded loyalty program, a new website and easier online ordering. ” Ike's Loves Bangin' Buns.

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Pros and Cons: Should restaurants accept contactless payments?

Lavu

Contactless payment systems launched in 2007 , yet they are only recently viewed as serious alternatives to cash or cards in the United States. Like with any new tech though, there are sticking points. These are two points that customers find extremely convincing. Better Loyalty Programs. Smartphones.

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MRM Franchise Feed: Jeremiah’s Opens 50th During 25th Anniversary, Wahlburgers Wild and Robotic Pizza

Modern Restaurant Management

Additionally, its significant drive-thru business, which represents 65% of systemwide sales, has helped insulate the brand from recent market shifts. Taco John’s International Inc. inked its biggest area development agreement to date with the largest Wendy’s franchisee, Meritage Hospitality Group, Inc.

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MRM Franchise Feed: CPK’s Franchise Momentum and Rex’s Rebuilds

Modern Restaurant Management

In 2007, it was purchased by David and Camille Rutkauskas. So, when we had the chance to purchase it in 2007, we jumped on the opportunity.” Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. CPK Brings on Franchise Veteran. and the Grand Sierra Resort & Casino in Reno, Nev.,

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Restaurant Experts’ 2021 Outlook, Part One

Modern Restaurant Management

Predictive analytics, AI and ML streamline and expand the omnichannel dining experience – Restaurants have pivoted their businesses this year to greatly expand the digital dining experience, to a point where customers can interact however they want, whenever they want. Here are their responses. To read part two, click here. generation.

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