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Showing posts with the label ShakeShackInc

Restaurants expect strong sales this summer. Consumers aren't so sure

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[ad_1] A waitress delivers sushi orders at Masa Hibachi Steakhouse & Sushi in Silver Spring, Maryland. Bill O'Leary | The Washington Post | Getty Images Warmer weather usually boosts restaurant sales, but diners may hold back for the second straight summer as inflation weighs on consumers' minds — and wallets. "I think operators are still hopeful for a good summer boon in foot traffic and sales ... but I think on the consumer side, they're more hesitant," said Huy Do, research and insights manager at market research firm Datassential. Last year, consumers pulled back on their restaurant visits in May, June and July amid inflation concerns. In addition to higher restaurant bills , diners were also paying more at the gas pump and in grocery stores. Salad chain Sweetgreen said its sales slowed after Memorial Day and blamed the trend on a range of factors, including erratic returns to offices and surging summer travel. Chipotle told investors that its sal...

You don't need to tip when you buy coffee, Shake Shack founder Danny Meyer says

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[ad_1] Restaurateur Danny Meyer doesn't think customers need to tip when they pick up takeout or buy coffee. "If you're just taking out food, and it was just a transaction — I give you money, you give me a cup of coffee — I don't think there's any obligation to tip whatsoever," Meyer said on CNBC's "Squawk Box" on Thursday. Meyer founded Shake Shack and serves as chair of its board. The burger chain added tipping to its restaurants last year. He also founded Union Square Hospitality Group, which mostly operates full-service restaurants. The company's eateries include Union Square Cafe, Gramercy Tavern and fast-casual chain Daily Provisions. As more businesses adopt Square's and Toast's point-of-sale systems, customers are getting more used to being prompted to tip as they pay. But some leave feeling overcharged or confused about how much they should tip. CEO of Shake Shack Randy Garutti (Left) and founder and Chairman Danny Mey...