Steakhouses have been around in the U.S. since the mid-1900s and they’ve become a staple of our eating and dining experiences. Every major city has a variety of chain steakhouses, including high-end ones like Ruth’s Chris, plus its own iconic steakhouses, and the Twin Cities is no exception—Manny’s, Murray’s, St. Paul Grille, plus old neighborhood . . .
It’s not uncommon for restaurants to have a retail component. Normally these retail endeavors offer products related to the restaurant, such as sauces or frozen pizzas, or items leveraging the restaurant’s name. A more recent trend I’ve seen is for a restaurant to be part of a broader retail environment. Ralph Lauren has had high-end . . .
Food delivery can be EXPENSIVE! Restaurant operators are all too familiar with increasing costs and shrinking margins. Don’t let delivery drain your bottom line. Don’t be afraid to innovate. For example, there are ongoing market tests in which restaurants contract with third-party companies such as Grubhub, Uber Eats, Doordash and others to deliver the restaurant’s . . .