Restaurant Stocks Reveal Industry’s Feast-or-Famine State

Torri Donley

The phrase “what a year it has been” can apply to darn near everything in 2020, but in terms of industry sectors, it really applies to restaurants.

It’s amazing to think that many were closed for a good part of the year — a potential death knell for an industry with typically paper-thin margins and that is dependent on capacity. It has been the year of take-out, curbside pickup, home delivery, outside dining and generous tipping (which I hope was standard). We don’t know what the final tally will be of those restaurants that will not survive, and it’s sad to see this happen.

For publicly traded names, Paycheck Protection Program (PPP) loans, secondary equity offerings and new debt have kept many afloat, but even here it is too early to measure all the damage. The stocks of a basket of about three dozen restaurant names I follow are down

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‘Hybrid special school’ catering for 56 students opening in east Hull

Torri Donley

A special school is being built in east Hull for primary aged pupils with social, emotional and mental health issues.

The school is for up to 56 pupils and will be run by Venn Academy Trust, and will be located in Saltshouse Road on the site of the former White House pupil referral unit.

Known as the Euler Academy, it will be a “hybrid special school” for children with special needs and will open in the 2021/22 academic year.

Euler Academy will be catering for pupils from Years 1 to 6 and will create 26 jobs.

Contractors are now on site preparing for the new build and public consultation is now underway.

Venn Academy Trust’s Chair of the Board Terry Johnson said: “This is fantastic news for Hull and something we have been working towards for some time now.

Artist's impressions of the proposed Euler Academy in east Hull
Artist’s impressions of the proposed Euler Academy in east Hull

“56

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Food, drinks and love: Wenday’s Kitchen Boutique aims to offer unique experience in town | Food & Cooking

Torri Donley

While many entrepreneurs were hesitant to undergo new ventures during the ongoing COVID-19 pandemic, Wenday Cooper saw a time as the perfect opportunity to open shop.

Cooper welcomed customers into Wenday’s

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The Frozen Food Aisle Is Turning Vegan, Organic, and Nutritious

Torri Donley


5 min read

Opinions expressed by Entrepreneur contributors are their own.


Frozen food holds an interesting position in modern food history. Flash freezing has been hailed as a technological marvel that made nutritious vegetables accessible to urban and suburban Americans virtually anywhere, at any time of year. But TV dinners have also been pinned as a symbol of the domination of processed foods over the American diet — a move away from natural, wholesome foods from the earth and instead toward laboratory-made sugar and salt bombs that are shortening our lifespans. 

The frozen food industry is rapidly growing

Like with any complicated subject, the conclusion to be drawn isn’t as simple as “frozen food is good” or “frozen food is bad.” It’s true that flash-frozen fruits and vegetables were and continue to be a helpful innovation that allows people to get vitamin and nutrient-dense foods into their

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Kowloon restaurant to alleged stool thief: Return our ‘kidnapped’ tiki chair, or live in infamy

Torri Donley

If you’re the person who walked off with a tiki-themed stool from the Kowloon restaurant in Saugus, you might want to put it back where you found it — or your face could end up plastered on an online wanted poster.

The owners of the Route 1 restaurant say they’re giving the suspect who allegedly absconded with an ornate restaurant seat until the end of the week to bring it back. If not? Well, they might distribute a video and images of the crime taking place on Kowloon’s social media accounts.

“One of our Tiki chairs was kidnapped,” the restaurant wrote on Twitter Monday night. “We have the culprit on camera! He took our yellow Tiki Chair. In the spirit of kindness, we ask that it be returned, no questions asked. If he returns it by Friday, we won’t release his photo on social media. Please return our Tiki chair!”

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Minneapolis restaurant quarantines 13 who worked Trump event

Torri Donley

MINNEAPOLIS (AP) – Thirteen staff members from a Minneapolis steakhouse were quarantining after the restaurant catered a fundraiser attended by President Donald Trump during his visit to Minnesota last week, the restaurant said Monday.

The 13 work for Murray’s Restaurant in downtown Minneapolis, which catered the fundraiser on Wednesday at the Lake Minnetonka home of Marty Davis, CEO of the quartz countertop manufacturer Cambria Co. LLC. About 40 contributors paid $200,000 a couple or $100,000 per person for the chance to meet the president and hear him speak.

“Our staff was there to work the party only and at no point did any staff come in close proximity to the president,” the restaurant said in a statement. “Upon learning of the president’s positive COVID-19 test, we immediately enacted a 14-day quarantine for all staff who worked the party. Additionally, each staff member who worked the party will be tested for

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Why low and alcohol free beers could be considered health drinks

Torri Donley

Credit: CC0 Public Domain

It is often said that weak beer was drunk in preference to dirty water in European towns during the middle ages.

This fact is probably overstated, but the idea that beer was nutritionally important in the medieval period seems more likely.

Weaker, so-called “small beers” would have been low in alcohol but a valuable source of energy and nutrients, helping medieval laborers meet their high energy requirements of 3,000 calories a day.

The industrialization of brewing led to higher alcohol levels in modern beers, which together with their energy and carbohydrate content means beer is now associated with poor health and disease.

Growing concerns about the health effects of excessive beer consumption has driven increased interest in no-alcohol and low-alcohol (“nolo”) beers, especially in adults under 30.

The acceptability of these beers has increased recently, in part due to brewing developments that require less heat and

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Portland’s 10 best new food carts of 2020

Torri Donley

During these strange coronavirus times, one form of dining out has survived in Portland, perhaps even thrived. In March, when Gov. Kate Brown announced that all Oregon restaurants would have to switch to a to-go model or close, the city’s famous food carts were already considered takeout, allowing some of our smallest businesses to keep going, more or less as normal, save for flipping up a cart pod picnic table or three. Along the way, some of Portland’s best-known restaurants opened new food carts, hoping to continue serving their menus, hang on to employees and stave off closing for good.

This is the 10th year that I’ve scoured the metropolitan area in search of great new carts, but in almost every way, it’s the strangest. Other than the occasional restaurant pickup or delivery order, my family and I have cooked and eaten most of our pandemic meals at home. Even

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Classic American Restaurant Group, Ruby Tuesday, Files for Voluntary Chapter 11 Restructuring.

Torri Donley

Ruby Tuesday announced today that it has filed a voluntary petition for reorganization under Chapter 11 of the Bankruptcy Code. Prior to its filing, the Company reached an understanding with its secured lenders to support its restructuring through financing and an agreement regarding the terms of a plan that will provide a sustainable path forward for the restaurant chain. The casual dining favorite plans to use this filing to strengthen its business by reducing liabilities and emerge a stronger organization built for the future. The Company intends to move through the bankruptcy process as quickly as possible. Its restaurants will continue to operate “business as usual” throughout the reorganization process.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201007005357/en/

“This announcement does not mean ‘Goodbye, Ruby Tuesday’. Today’s actions will allow us an opportunity to reposition the company for long-term stability as we recover from the unprecedented impact

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‘Eyewatering’ self-catering accommodation restrictions hit Perthshire sports tourism businesses

Torri Donley

Restrictions on self catering accommodation in Scotland have had an “eyewatering” impact on rural tourism businesses, it has been claimed.

Businesses have hit back at the restrictions, saying they have had tens of thousands of pounds worth of cancellations within days of the announcement.

Since September 25, people from more than one household have not been allowed to stay in self-catered accommodation together while current restrictions on indoor private gatherings are still in place.

Many rural parts of Tayside and Fife depend on tourists visiting the area for outdoor sports including fishing and shooting but it is feared most are staying at home due to the restrictions.

Ross Ewing, political and press officer in Scotland for the British Association for Shooting and Conservation (BASC), said the measures are already having an “eyewatering” impact on Scotland’s rural economy.

He said: “It has only been one week since this disastrous announcement and

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