There has been a recent slow down in people going to restaurants to eat. When people are feeling good about themselves and there whole situation they often take to restaurants to eat more often. Having a slow done in people doing this can be cause for alarm. The cause for something like this could be from prices rising or even from a slow down in job growth. Whatever the reason for it restaurants could be in trouble when it comes to there own income.

Key Takeaways:

• Americans eat out when they’re feeling good about things. That’s why a recent slowdown in restaurant sales is alarming some.
• No matter the catalyst, the deceleration is pronounced enough for Stifel Nicolaus to warn of a looming “restaurant recession” that may represent a “harbinger” to a widespread U.S. recession in 2017.
• McDonald’s executives believe at least some Americans are choosing to stay at home because grocery store prices haven’t risen as fast as restaurant menu prices.

“The precise cause of the shift is not clear, with some blaming rising prices and slowing job growth, and others suggesting security fears or even the 2016 election are playing a role.”

http://money.cnn.com/2016/07/28/investing/restaurant-recession/

Restaurant owners have long had a problem with keeping a good, quality staff. Some small town people may be used to seeing their favorite waiters, waitresses and cooks for many years, but the restaurant industry in big cities are many times just a pit stop for many people on their way to other things. This is a high cause of high turnover and high call off. Liz Barrett takes some time here to help some of these challenges by listing 4 ways to help improve your situation with your staff.

Key Takeaways:

• Restaurant operators face a number of staff-related issues beyond turnover, but most can be easily mitigated by following a few simple steps.
• Communicating with staff and allowing staff to express themselves are key for creating a happy, healthy work environment.
• Motivation can be increased with promotions, time-off requests can be taken more seriously, and recruitment can be improved with referral bonuses.

““Communication is the primary key to any relationship, and when dealing with uncontrollable personalities.”

http://restaurant-hospitality.com/management-tips/4-ways-solve-common-staff-challenges

TableSafe has just received PCI PTS certification for their RAIL 2 payment system. This allows TableSafe to start manufacturing their product which is currently highly anticpated in the market. The certification received ensures that the product conforms card data theft protections standards that are mandated by the PCI Security Standards Council. It begins distribution in Seattle in fall 2016.

Key Takeaways:

• The PCI certification ensures that a product conforms to payment card data theft protections standards mandated by the PCI Security Standards Council.
• “With the surging risk of credit card fraud and chargebacks many full-service restaurants are looking to provide increased protection for their customers’ card data and their establishment,”
• “The RAIL system provides the guest with the highest level of security, freedom of payment choice and the ability to control the length of time to complete the payment process.”

“In addition to providing PCI compliance, Point-to-Point Encryption and other security features, the TableSafe System also provides restaurateurs with operational benefits such as improved staff efficiency, quicker table turn, and greater customer satisfaction—resulting in increased revenue.”

https://www.fsrmagazine.com/content/tablesafe-pay-table-technology-achieves-pci-certification