Results for "Restaurant Sector"

Health officials and business operators in Vietnam are advancing initiatives to establish and enforce smoke-free environments in dining establishments.

Tech billionaire Marc Lore is aiming to revolutionize the restaurant sector with his company Wonder, which controls the entire process from food production to delivery.

Fairfax is reportedly in discussions to acquire fast food outlets in Greece, signaling potential consolidation or expansion in the country's quick-service restaurant sector.

Prime Minister Datuk Seri Anwar Ibrahim has given relevant ministries one month to resolve foreign worker applications, with a focus on the restaurant sector.

Morgan Stanley analysts are forecasting mixed second-quarter results for the restaurant sector, expressing a preference for CAVA and Dutch Bros among the companies they cover.

Alcohol beverage prices in Finnish restaurants are described as 'painful' and 'salty,' leading many consumers to prefer drinking at home or in parks. The decline in alcohol sales is identified as the primary reason for the restaurant sector's weak performance.

Hotels in Sofia are awaiting a decision regarding Bulgaria potentially hosting the Eurovision Song Contest next year, as tourists have already begun inquiring about reservations. The tourism, hospitality, and restaurant sectors expect significant engagement from the event.

A draft interim report in Japan proposes reducing the consumption tax by 1% for two years starting next April and considering budget measures for financial support to affected industries, such as the restaurant sector.

Despite ongoing difficulties in the restaurant sector, Helsinki is set to open its fourth Basbas restaurant in the autumn. Owner Nicolas Thieulon explains his strategy of operating only four days a week to ensure staff retention.

The French restaurant sector experienced its lowest increase in customer attendance in 2025 since the COVID-19 pandemic, attributed to a saturated market and the growing presence of fast food options.

An ongoing strike in the hotel and restaurant sector has escalated, with its impact now extending to airports. The industrial action is causing disruptions as more facilities become affected.

Jorge Pisco, president of the Confederation of Micro, Small and Medium Enterprises, has strongly criticized the reintroduction of a 23% VAT rate for the restaurant sector in Portugal, warning it will devastate the industry and calling it 'a lack of respect'.

The Portuguese Association of Hotels, Restaurants and Similar (AHRESP) has criticized statements from both the IMF and the Minister of Finance, Miranda Sarmento, regarding the 2016 VAT reduction for the restaurant sector, expressing concern about a potential return to the maximum rate.

First Watch Restaurant Group, Inc. has released the summary of its first quarter 2026 earnings call. The report details the company's financial performance and growth in the restaurant sector.

The strike in Norway's hotel and restaurant sector is set to expand significantly, with NHO Reiseliv stating that demands for direct sick pay to employees are impossible to meet.

Barcelona-based startup Incapto has secured 10 million euros in funding, aiming to expand its coffee business into Europe and projecting 15 million euros in revenue, with plans to enter the restaurant sector.

Tuition fees for non-EU/EEA students have significantly reduced application numbers at a Vaasa school; for example, applications to the restaurant sector dropped from over 4,000 last year to just over 500 this year.

The Radisson Blu Royal Hotel on Bryggen in Bergen is closing from Sunday noon due to an ongoing strike in the hotel and restaurant sector.

Negotiations between Fellesforbundet and NHO Reiseliv in the Norwegian hotel and restaurant sector have broken down, leading to a mandatory mediation process and a potential strike involving 1600 workers.

Despite the boom in the restaurant sector, the industry faces increasing fragility due to rising operational costs and declining profitability, leading to closures.

A well-known casual dining restaurant chain operating for over four decades is shuttering several more locations as part of a broader restructuring effort. The closures highlight continued struggles within the mid-tier restaurant sector facing shifting consumer habits and economic pressures.

The National Restaurant Association highlights beverages as an emerging growth driver for the restaurant sector, citing shifting consumer preferences and higher profit margins.

William Blair has identified BJ's Restaurants as a standout stock in the restaurant sector, highlighting its strong performance and potential.

South Korea plans to implement stricter penalties for overcharging in its accommodation and restaurant sectors starting next month, as part of government efforts to enhance tourism and improve visitor experience.

Israel's Health Ministry announced a reform in the restaurant sector, significantly reducing minimum space requirements and allowing existing establishments to add more tables.

Riga's municipality predicts a significant increase in tourist numbers this year compared to last, expecting higher tourism tax revenue. However, the hotel and restaurant sectors are critical of the state's tourism development strategies.

The initial public offering (IPO) of Jersey Mike's Subs highlights a growing investor appetite for restaurant sector investments.

The Irish government is defending a controversial budget measure that will see the VAT rate for the restaurant sector reduced from 13.5% to 9%, effective at midnight. The move is backed by a 'democratic mandate'.

Portugal's GNR police force has detained over 240 individuals for illegal residency, with inspections focusing on the agriculture, industry, civil construction, and restaurant sectors, resulting in over 6,500 administrative offenses in three years.

The European Commission suggests raising the VAT rate to 21% for bars and hotels in Spain, aiming to increase revenue by up to 7 billion euros, arguing that Spain overuses reduced tax rates, primarily benefiting higher-income classes in the restaurant sector.

Hungary's hotel and restaurant sector representatives are pressuring policymakers to reconsider planned restrictions on third-country migrant workers, citing labor needs.

Japan's restaurant sector is struggling with a talent shortage as a visa cap approaches, impacting its ability to meet demand.

Japan's restaurant operators are struggling to find foreign workers after the government suspended special visas for the sector, as the number of visa holders approaches its quota. This has forced businesses to re-evaluate their hiring strategies.

Inspire Brands, a prominent restaurant company, is preparing for a confidential initial public offering (IPO) in the United States. The move is anticipated to be one of the largest IPOs ever seen in the restaurant sector.

The ongoing strike within the Norwegian hotel and restaurant sector is being intensified by workers. This escalation is expected to affect operations across the industry.

A new study highlights the negative impact of overeducation on salaries, revealing that graduates working in the restaurant industry in Portugal experience an average wage penalty of 32% due to jobs requiring fewer qualifications than they possess.

A discussion is ongoing regarding the state of the restaurant sector, with some industry representatives asserting that a crisis exists which current statistics fail to adequately measure.

The Governor of the Bank of Portugal, Álvaro Santos Pereira, has publicly questioned the widely reported 'crisis in the restaurant sector,' citing data from the National Statistics Institute (INE) to suggest its real dimension may be overstated.

Mara, the Finnish employer association for the tourism and restaurant sector, is advocating for more oversight in the industry, particularly concerning issues with seasonal work in Lapland.

BNP Paribas has identified Wingstop, Shake Shack, and Dutch Bros as its top stock picks within the restaurant sector.

DRI and QSR stocks are currently outperforming McDonald's stock, indicating stronger market performance in the restaurant sector.

French restaurants are grappling with a significant hiring crisis, struggling to fill 120,000 open positions due to low wages and challenging working conditions, leading to high employee turnover.

Shares of the fast-food chain Wendy's dropped sharply this week as investors reacted to mixed quarterly performance data and ongoing challenges in a highly competitive restaurant sector.

Baird has downgraded its ratings for Chipotle and Domino's, citing a growing divergence in performance within the restaurant sector.

Noodles & Company has shown significant growth with a +200% year-to-date gain, leading the restaurant sector.

Despite rising labor costs in grocery store operations, their proportion of total operating expenses remains significantly lower compared to the restaurant sector in Iceland.

Elvyra, a 32-year-old with ten years of experience in the restaurant sector, shares easy recipes for delicious, bar-quality non-alcoholic cocktails that can be made at home for a fraction of the cost.

Jersey Mike's upcoming initial public offering (IPO) is expected to gauge investor interest in the restaurant sector.

A researcher reports that financial crimes in businesses have changed, with customers often unaware that their card purchases may not be reported to tax authorities.

Executives of Japan's Liberal Democratic Party's tax committee have discussed a proposal to reduce the consumption tax on food by 1% for two years, with members raising concerns about funding and potential impacts on the agricultural and restaurant sectors.

Lisbon's restaurant sector marks 20 years of operation, having navigated significant challenges including the 2008 financial crisis, the troika intervention, and the COVID-19 pandemic, alongside events like the Michelin gala.

The Panhellenic Federation of Restaurant and Related Professions expressed concern after data from the Hellenic Statistical Authority showed a 1.9% decline in the Greek restaurant sector's turnover.

A major conflict is escalating in Norway's hotel and restaurant sector, with nearly 4,500 employees on strike and LO unions threatening a widespread boycott of businesses.

The Portuguese Association of Hotels, Restaurants, and Similar Services (AHRESP) is advocating for the retention of the 13% intermediate VAT rate in the restaurant sector, opposing government plans for an increase.

The Secretary-General of Portugal's Socialist Party (PS) has called on Prime Minister Luís Montenegro to clarify the government's stance on the 13% VAT rate for the restaurant sector, promising to present evidence of a potential tax increase.

An article explores whether the rise of value meals in the fast-food industry has negatively affected the performance and market position of Smashburger. It delves into competitive dynamics within the restaurant sector.

A strike affecting the hotel and restaurant sector in Norway has been escalated, with more workers joining the industrial action. The expansion of the strike is expected to increase its impact on the industry.

This article provides insights and strategies for businesses in the restaurant sector to adapt and thrive amidst the challenges and disparities of a K-shaped economic recovery.

The Portuguese association PRO.VAR disputes the Bank of Portugal's assessment of growth in the restaurant sector, warning that the numbers hide the destruction of local restaurants and a potential collapse.

The Portuguese restaurant sector is demanding a reinforcement of non-repayable aid promised by the government in January, which has not yet been delivered, with industry associations calling for increased grant values and longer grace periods.

Investors are urging companies in the restaurant sector to provide transparency on the 'healthiness' of their sales, pushing for disclosures related to nutritional aspects of their offerings.

An opinion piece discusses the current crisis in the restaurant sector, attributing it to high costs, a rigid tax framework, and an administrative model that hinders growth, beyond just a drop in demand.

An analysis reviews the financial performance of the restaurant sector, highlighting both successful and struggling companies during the fourth quarter of 2025.

The restaurant sector is facing a dual challenge of increasing operational costs and customers having less disposable income. This situation is making it difficult for families to afford dining out.