Restaurant

Cheesecake Factory Furloughs 41,000 Employees

National restaurant chain Cheesecake Factory revealed in a filing with the SEC that it has furloughed 41,000 restaurant employees nationwide which includes waiters, waitresses, bartenders and kitchen cooks. The company employs 46,000 people overall. The furloughed staff members will retain their benefits eligibility and insurance until June 1, 2020 and will be provided a free […]

Government Restaurant

NY, NJ, CT Governors to Close Restaurants, Bars, Gyms and Casinos

The Governors of New York, New Jersey and Connecticut have banded together to order closings of gyms, bars and casinos in their states. Restaurants will no longer provide dine-in service but can open for takeout and delivery. Citing a lack of federal direction and nationwide standards, New York Governor Andrew M. Cuomo, New Jersey Governor […]

Restaurant

Wendy’s Launches Breakfast Nationwide

The Wendy’s fast-food chain is launching breakfast for the first time at most restaurants nationwide on Monday as it looks to take share from McDonald’s. The breakfast menu features biscuit sandwiches, croissant sandwiches, seasoned potatoes and a breakfast version of Wendy’s Baconator sandwich. Wendy’s has over 6,700 restaurants worldwide. “To date, some others in the […]

Restaurant

Chipotle Unveils Queso Blanco

Chipotle Mexican Grill has launched a new version of its Queso called Queso Blanco, now available nationwide at its 2,000-plus restaurants. The new recipe uses 13 real ingredients, including aged Monterey Jack, white cheddar, and serrano, poblano and chipotle peppers, to create a smooth queso with just the right amount of spicy kick. As with […]

Restaurant

Panera to Offer Unlimited Coffee for $8.99 Per Month

Panera wants to get you into its restaurants more often! The fast-casual chain known for sandwiches, salads and baked goods, is offering customers a cup of coffee, iced coffee or hot tea every two hours with an unlimited subscription program for $8.99 per month. With the introduction of the subscription, Panera says it’s the first […]

Restaurant

Krispy Kreme to Open Times Square Flagship in May

The Krispy Kreme doughnut chain announced a major expansion in New York City this year with six new locations including a 24-hour flagship store at 48th Street and Broadway in Times Square that opens in May (rendering above). Krispy Kreme just re-opened its refurbished Penn Station shop last Thursday. By the end of this year, […]

Restaurant

Hooters Acquired by Private Equity Firms

The Hooters restaurant chain, known for its beautiful waitresses in orange shorts and t-shirts, has been acquired by private equity firms Nord Bay Capital and NY-based TriArtisan Capital Advisors. The firms bought Hooters of America, the chain’s parent company, from H.I.G. Capital (“H.I.G.”), Chanticleer Holdings and other investors. The amount of the deal wasn’t disclosed. […]

Restaurant

McDonald’s Opens Times Square Flagship

McDonald’s has opened a brand new flagship restaurant located at 1528 Broadway on the corner of 48th and Broadway in midtown Manhattan. Like other McDonald’s restaurants in NY, this one is also open 24 hours and serves Big Macs, Chicken McNuggets and french fries. Designed by Landini Associates and  architecture by Progressive AE, this new McDonald’s flagship adopts […]

Restaurant

Top New Restaurants for 2019

NEW YORK — FOOD & WINE has released its 2019 list of Best New Restaurants. The list will also appear in the July edition of the magazine which is owned by Meredith Corporation. For the first time ever, the 10 best appears as a ranked list, with Cadence in Philadelphia as this year’s number one restaurant. Frenchette, […]

Real Estate Restaurant Retail

Hudson Yards Opens to Public

Hudson Yards, a $25 billion development built above rail yards on the West Side of Manhattan, officially opened to the public Friday, marking a historic moment in the City of New York. (Photo Above: The first Neiman Marcus department store in NYC opens at the new Hudson Yards.) New Yorkers and visitors are now able […]