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In Delaware and Massachusetts, one in ten workers is employed in the restaurant industry. [6] [7] In North Carolina, 11% of workers are employed by the industry. [8] In Texas, 12% of workers were employed by the industry as of 2016. [9] The effect of the 2020 coronavirus epidemic was in March 2020 projected to be $225 billion in losses. [10]
Where they are: Mostly Colorado and Texas, with a few locations in Arizona and Indiana The buzz: Modern Market , founded in 2009, aims to turn out sustainably harvested food without any ...
Nearly 3.5 million parents work in the restaurant industry and more than 1 million of those are single mothers, 40% of whom live in poverty, according to a 2016 report by the National Women’s ...
Several North Texas-based restaurants landed on Nation’s Restaurant News’ latest “100 Under 100” list for thriving restaurant chains.
In comparison, the full-service restaurant segment of the food industry is expected to generate $173 billion in sales. Fast food has been losing market share to so-called fast-casual restaurants, which offer more robust and expensive cuisines. [citation needed]
The restaurant industry in the United States is large and quickly growing, with 10 million workers. 1 in every 12 U.S. residents work in the business, and during the 2008 recession, the industry was an anomaly in that it continued to grow. Restaurants are known for having low wages, which they claim are due to thin profit margins of 4-5%.
This past year was marked with a number of major bankruptcies in the food industry, across a range of restaurant types. And it looks like 2025 may bring continued challenges, especially for large ...
The food industry is a complex, global network of diverse businesses that supplies most of the food consumed by the world's population. The food industry today has become highly diversified, with manufacturing ranging from small, traditional, family-run activities that are highly labour-intensive, to large, capital-intensive and highly ...