https://www.restaurantdive.com/news/report-over-40-of-independent-restaurants-are-behind-on-rent/624760/ Forty-one percent of small restaurants couldn’t pay rent in May, a new report from Alignableshows. This rent delinquency rate is up 8% from April and 13% from February, and erases all progress made since October 2021. This change is largely…
https://www.fooddive.com/news/beer-drinkers-clinging-to-higher-priced-brews-as-inflation-rages-molson-co/624431/ Gavin Hattersley, CEO of the alcohol giant behind Coors Pure Organic Light Beer and Blue Moon, said in many cases people are choosing to forgo a night out and instead purchase a higher-end brew to enjoy at home. “We haven’t…
Amex: Independent Restaurants Make Digital Adaptations but Thrive on in-Person Service https://www.pymnts.com/restaurant-innovation/2022/amex-independent-restaurants-make-digital-adaptations-but-thrive-on-in-person-service/ Earlier this month, American Express has announced the launch of their second installment of its Backing Historic Small Restaurants Grant Program in which they will offer $1 million…