National Restaurant Association

Operations

5 jaw-dropping facts about the state of restaurants

Reality Check: This year's mother of all industry forecasts is packed with tidbits that are likely to surprise. Here are five we found in the National Restaurant Association's State of the Restaurant Industry report.

Consumer Trends

Restaurant sales expected to top $1T for the first time in 2024

But the National Restaurant Association projects in its annual State of the Industry Report, margins will be squeezed by high inflation.

Jeff Lobdell, president of Michigan-based Restaurant Partners Management, believes that greater industry unity is key for restaurants to overcome the various issues they face.

A coalition of trade groups intends to ask for an injunction blocking adoption before Dec. 26, when the redefinition is scheduled to take force.

The longtime industry veteran will succeed the retiring Karen Bremer starting Oct. 30.

Advocates for the fast-food industry, the franchising community and organized labor have agreed to a compromise on the controversial measures. A wage-setting council is part of the deal.

The former restaurant operator has led the association for 13 years. She will step down in mid-January.

The group's founder, he's been the leader and driving spirit of the DEI-promoting organization for 27 years.

The report captures new data on adult diners who are likely to order drinks, and how operators have changed their drinks options to drive new trends.

Though much of his career was spent in the noncommercial sector, he proved an outstanding franchisee of TGI Fridays and Ruth's Chris.

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