Tag: Full-service Restaurants
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The Moneyist answers: Should I tip before or after tax and credit-card charges?
[ad_1] Dear Quentin, I’ve read your previous responses to letters on tipping, and my thoughts are simple: Tipping is dependent on the service given. I won’t tip at a deli counter, but I will tip more in a diner. I see no reason to tip a deli counter person on a regular basis. The person…
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Americans are dining out and well
[ad_1] Inflation is causing people to spend more on groceries, and there are fears of a looming recession — but the post-pandemic trend of people venturing out to dine and have fun seems to be continuing. Despite high food prices, it seems that Americans are willing to splurge on fun and fine dining. In the…
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Cava Group IPO: 5 things to know about the fast-casual Mediterranean restaurant chain
[ad_1] Cava Group, the Mediterranean-focused fast-casual restaurant chain, raised the proposed price range for its initial public offering on Monday as it gears up for a deal that’s expected to start trading on Thursday. Cava CAVA, is planning to offer 14.4 million shares priced at $19 to $20 each, up from a previous range of $17…
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P.F. Chang’s 34-year-old CEO on what he learned from billionaire John Paulson
[ad_1] Damola Adamolekun is far from your typical CEO. As head of the Asian fusion restaurant chain P.F. Chang’s, the 34-year-old Adamolekun is one of the youngest chief executives in the corporate world. He’s also one of a small number of Black CEOs in the country. The son of a neurologist and pharmacist, Adamolekun was…
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Dave & Buster’s stock rides lower pay and food costs to best day since 2020
[ad_1] Dave & Buster’s Entertainment Inc. shares rallied for their best day since 2020 Wednesday, as earnings got a boost from declining pay and lower food costs. Dave & Buster’s PLAY, +18.29% shares rallied as much as 26.8% to an intraday high of $42.77, and finished up 18.3% at $39.91 for their best one-day performance…
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‘I risk being labeled a tightwad:’ Is it OK for restaurants to add a 20% tip?
[ad_1] Paying servers the minimum wage has influenced tipping practices in the U.S. Many folks were taught that you should tip 18% or 20% — unless the service is outright horrendous. But wait staff are already making the minimum wage in many cities and, if you add the tips they earn, they are oftentimes making…
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Why is every place asking for tips? I was asked to tip 15% for a donation.
[ad_1] Our tipping culture is out of control. It has become mandatory, and forced upon us. It has lost its cause. It’s not a gratuity anymore, it’s become another tax. Consumers are forced to help merchants to pay workers after paying merchants for the service. One time, I tried to donate money online, and was…
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Chipotle plans to pause price hikes, lean into menu ‘hidden gems’; stock jumps
[ad_1] Executives at Chipotle Mexican Grill Inc. on Tuesday said the chain plans to put a “pause” on raising prices — while still leaving the door open for more if necessary — and said new restaurant openings, falling avocado costs and efforts to strengthen employee training in its kitchens lifted first-quarter results. Shares of Chipotle…