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Industry News

Starbucks to cut 5% of its corporate workforce

Starbucks is laying off 5 percent of its corporate workforce, according to a memo obtained by CNBC. The coffee giant had previously indicated it would cut non-retail employees as it shakes up its organizational structure. (CNBC)

Industry News

Restaurant Prices are Rising, and Traffic is Declining

As this past month’s restaurant results suggest, the industry’s health is in a better place than it was a year ago. It’s far from a full recovery, though. (QSR)

Industry News

Marriott CEO: Don’t Worry About Our Soft Third Quarter

Like many of its hotel peers, Marriott International saw a relatively softer third quarter in terms of its domestic revenue per available room (RevPAR), but CEO Arne Sorenson isn’t letting the “sobering” third quarter numbers distract him or his team from the bigger tasks at hand — continuing the success of Marriott’s integration of Starwood Hotels & Resorts. Nor will Marriott view the softer performance as an indication that more challenging times lie ahead for the overall economy. (Skift)

Industry News

Marriott maintains small-company values

David Marriott says his family’s hotel company has always placed importance on its people. “My granddad was always late to meetings because he might be talking with a housekeeper about her personal problems. (Hotel News Now)

Industry News

Taco Bell, Jersey Mike’s feed firefighters, evacuees in Calif.

Wildfires raging in California have destroyed chain restaurants including KFC, McDonald’s and Jack in the Box units, according to news reports. Other eateries have been forced to close, and some including Taco Bell and Jersey Mike’s franchisees have been feeding evacuees, firefighters and volunteers. (Nation’s Restaurant News)

Industry News

U.S. Hotel Construction Pipeline Continues Modest Growth

In the third quarter of 2018, the total U.S. hotel construction pipeline reached 5,376 projects and a combined 650,576 rooms—up 7 percent from last year, according to analysts at Lodging Econometrics. In 2017, the third quarter pipeline stood at 5,011 projects and 608,837 rooms. The total pipeline has been growing modestly over the past two years and is expected to continue its ascent at least into the first quarter of 2019. (Lodging)

Industry News

National Restaurant Association Educational Foundation honors veterans, offers career assistance

The National Restaurant Association Educational Foundation is developing programs to assist veterans seeking careers in the restaurant and hospitality industry. (National Restaurant Association)

Industry News

For the best kiosk customer experience, don’t remove the human touch

As eateries clamor to add new tech features, self-serve kiosks and tabletop tablets are popping up in more restaurants, from quickserve to fine dining. Kiosks offer many benefits and opportunities, but the technology also presents hurdles and questions. (SmartBrief)

Industry News

US Veterans at Subway relay the gifts the Armed Forces give business

While the images called to mind every Veterans Day typically revolve around uniformed soldiers who are in or near battle situations, it’s important to remember that the nation’s veterans are well represented across every business category, including QSR. In fact, turns out the “military way” just happens to also be a great way to learn the rigors and rough-and-tumble of QSR management, according to leadership at sandwich chain, Subway. (QSRweb)

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Hospitality Convention Honors Professionals in Restaurants, Hotels

FOR IMMEDIATE RELEASE MEDIA CONTACT: Morgan Huether, local communications manager, 360-956-7279 ext. 135,   Hospitality Convention Honors Professionals in Restaurants, Hotels SEATTLE – Hospitality professionals from across the state

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L&I Schedules Additional Listening Sessions on Overtime, Salary Threshold Rules

The Department of Labor & Industries will hold additional listening sessions on a revised version of the overtime and salary threshold employment rules for executive, administrative and professional (EAP) workers.

Industry News

Seattle may soon have overabundance of hotels

SEATTLE — When it officially opens in December, the Hyatt Regency at Eighth Avenue and Howell Street will be both the largest hotel in Washington state and among the most closely watched. With its 1,260 rooms, conference facilities, and proximity to the planned expansion of the Washington State Convention Center, the Hyatt is key to Seattle’s ambitions to play in the big leagues of the convention business and bid for massive corporate events only a handful of American cities can currently handle. (Walla Walla Union-Bulletin)

Industry News

Sustainable seafood is the catch of the day

Today’s consumers, sophisticated about what they eat and where it comes from, are setting the table for restaurateurs to serve more sustainable seafood, industry experts say. “The tide is turning,” says Jack Crouch, senior commercial manager for the Marine Stewardship Council, a sustainable fisheries nongovernmental organization (NGO). (National Restaurant Association)

Industry News

Restaurants woo diners with trips down memory lane

Nostalgia is taking the restaurant world by storm and eateries are drawing inspiration from television shows to childhood favorite foods, such as cookie dough and cereal. At Alinea in Chicago, chef Grant Achatz incorporates the smell of burning oak leaves into the fall menu to conjure memories of his Midwestern childhood. (Chicago Tribune)

Industry News

Starbucks sales surge in fourth quarter on strength in the U.S., but profit shrinks

After reporting record fourth-quarter sales Thursday, Starbucks executives seemed confident that they had weathered a tumultuous year and put in place a clear, long-term plan focused on streamlined operations, returning cash to shareholders and growing in the U.S. and China. “While we still have work to do, these results provide encouraging evidence that our plan is working,” Starbucks CEO Kevin Johnson said on the company’s conference call with financial analysts. (Seattle Times)