New Resource from National Restaurant Association Provides Insights into Operational Realities

Dampened customer traffic and stubbornly elevated costs combined to keep pressure on the bottom line, resulting in modest profit margins – even by restaurant standards – according to the National Restaurant Association. Released today, the Restaurant Operations Data Abstract provides restaurant operators, investors, and industry leaders with a detailed financial snapshot of the fullservice and limited-service sectors.

Based on financial and operational data from more than 900 restaurants nationwide, the report includes a wide range of insights across key cost centers. These include food and...

National Restaurant Association Applauds Trump Tax Bill for Boosting Industry Jobs and Growth

President Donald Trump’s One Big, Beautiful Bill features tax policies that will assist the restaurant and foodservice industry, the National Restaurant Association said.

The group stated that the bill will enable restaurant owners and operators nationwide to “create jobs, invest in their business, and provide certainty for their local economies.”

“The restaurant industry is a powerful economic engine – generating over $1.4 trillion in annual economic activity and employing more than 15 million people nationwide,” said Michelle Korsmo, President & CEO of the National Restaurant Association...

Hudson Riehle, Long-Time Leader of Association Research and Knowledge Group, to Retire

Today, the National Restaurant Association announced that Hudson Riehle, senior vice president of the organization's Research and Knowledge Group, will retire in April.

For more than 38 years, Riehle has provided the data and thought leadership that defined the restaurant and foodservice industry. From the Association's forecast of annual sales and employment growth, to showing the impact of economic catastrophes like the 2020 pandemic and the 2008-2009 recession, Riehle has transformed how the economic impact of the industry is understood at the...