This week, there’s evidence that more shopping center developers are courting restaurant tenants. Starbucks just turned in healthy third-quarter results, thanks in part to a focus on food. And good news on the demand front industrywide is behind a surge in hiring, especially compared to 2012. More folks may be opting to eat away from home, but are they willing to pay more for meals to ensure better wages for workers? Finally, restaurants are increasingly charging that reviews on popular website Trip Advisor.com are cooked.
• Malls' appetite for fine dining grows. Upscale full-service restaurants are displacing high-profile retailers at many malls. (Los Angeles Times)
• Starbucks thinks beyond coffee. The company’s third-quarter profits rose 25 percent, thanks to food and a progressive attitude toward technology. (The Wall Street Journal)
• Restaurants go on hiring spree. A hiring frenzy at brands like Red Robin, Domino’s and Bar Louie reflects an uptick in consumer demand for restaurants. (Bloomberg)
• What raising fast-food workers’ wages could mean. Would Americans accept higher menu prices if restaurant workers got a decent pay hike? (Forbes)
• Can you trust TripAdvisor reviews? From fake venues to spats over review accuracy, disputes between TripAdvisor and restaurants keep on coming. (The Guardian)