Hospitality
The room, the economics and the people who run restaurants for a living.
Latest

US restaurant menu prices outpace grocery inflation
Full-service meals rose 3.5 percent over the year to August, a point ahead of supermarket food, as BLS data shows the dining-out gap holding firm.

Southern Glazer's settles bribery probe for $12.5m
The US Department of Justice says employees funnelled cash, gift cards and luxury trips to California retailers for eight years before Southern Glazer's agreed to a two-year compliance overhaul.

Australia's food delivery minimum wage turns four weeks old
Uber Eats and DoorDash predicted price shocks of up to 300 percent. A month into Australia's new pay floor for 250,000 riders, neither has happened yet.

Hospitality VAT cut: 800 businesses press Burnham on 10%
Chefs from Tom Kerridge to Heston Blumenthal and chains from Wagamama to Wetherspoon want the rate halved to 10%. The Treasury says any cut must be fully funded.

Pernod Ricard fiscal 2026 sales fall nearly 4%
The spirits group's organic net sales dropped nearly 4% worldwide and 14% in the US for the year to June 2026, with CEO Alexandre Ricard naming ready-to-drink cocktails a growth priority.

CDC declares cyclospora outbreak over after 12,883 cases
According to the agency, the outbreak linked to Taylor Farms iceberg lettuce caused illness across 21 states, including at least 570 hospitalisations and two deaths, before it ended.

O'Charley's shuts all 49 company-owned restaurants
The 55-year-old Nashville chain shutters every corporate dining room in 13 states as owner Cannae Holdings redirects capital toward sports and entertainment bets.

Red Lobster closures shrink chain to 484 sites
The US seafood chain has closed 36 restaurants in 2026, passing 160 since its 2024 bankruptcy, as new owner Fortress keeps cutting its footprint.

Chipotle enters South Korea with a Seoul joint venture
Chipotle opened its first Asian restaurant in Seoul on September 2, entering South Korea through a joint venture with Sangmidang Holdings instead of a license.

Whitbread shuts all Beefeater and Brewers Fayre sites
Premier Inn's owner has closed its last standalone restaurants, ending six brands and around 3,800 jobs as it bets everything on hotel rooms.

Pepper Lunch Troy Hooper steps down as US chief
The teppanyaki chain's American growth architect moves to a strategic advisory role on 25 September, with parent-company chief Yugo Tago taking over.

Boston's Pizza names Sergio Carvallo as US president
The Canadian chain, down to 20 US units from nearly 50 in 2010, hands its American turnaround to the executive who built its Mexico business.
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