Black Box Intelligence — page 2

Bonchon expands in the Washington Metropolitan Area with six new locations, bringing its world-famous Korean fried chicken to more residents.

Restaurant traffic slows in January, but the average guest check hits a record high, indicating potential future growth.

Restaurant sales growth slowed in December 2021 due to rising inflation and the effects of the omicron variant.

Bonchon celebrates 2022 with 15% sales growth and 385 units worldwide.

Restaurant sales in the US reached a 10-year high in November, with an 8.3% increase compared to November 2019.

Restaurant sales and traffic declined in August due to the COVID-19 pandemic, with full-service restaurants seeing a 3.8 percentage point drop in sales growth.

A report by Black Box Intelligence analyzes factors contributing to the labor shortage in the restaurant industry.

Employment rates are growing, with 943,000 jobs added in the food services segment, but the pace of hiring remains a concern for businesses.

Bonchon has outpaced the industry, maintaining positive same-store sales and expanding its U.S. store count, despite the challenges posed by the COVID-19 pandemic.

Chipotle raises its minimum wage to $15, as part of its strategy to attract 20,000 employees to staff new locations.

U.S. food services sales reach $619.1 billion in March 2021

The French taco craze is being led by fast-food franchise O'Tacos, founded in 2007 by Patrick Pelonero and brothers Silman and Samba Traoré.

Restaurant operators plan to incentivize employees to get vaccinated against COVID-19, with some providing paid time off for vaccination.

Eggs Up Grill CFO turned franchisee Andy Wright opens second restaurant in Georgia, following a development agreement for five restaurants.

Eggs Up Grill celebrated a record nine restaurant openings in 2020 and is projected to surpass that record in 2021.

The COVID-19 pandemic has a silver lining for franchise brands, with large-scale chains and franchises more resilient to economic downturns.

Black Box Intelligence provides regular updates on the current impact of the Covid-19 pandemic on the restaurant industry, highlighting key consumer insights and trends.

A&W Restaurants posted double-digit sales growth in May, with some franchise locations doubling sales, outpacing the industry average.

Black Box Intelligence continues to collect data weekly from restaurants throughout the country.

Several restaurant operators report a jump in sales following the delivery of the first stimulus checks, with Slapfish restaurants in Huntington Beach, California, seeing a 30-40% year-over-year increase.

COVID-19 has damaged the restaurant business, with comp sales and traffic falling to historic lows and same-store sales dropping by 28.3% in the second half of March.

The restaurant industry experiences a strong Q3 with same-store sales rising 1.2 percent in September.

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Restaurants experience 1.8% same-store sales growth in August, making it the strongest month for the industry since September 2015.