The restaurant industry faces an unprecedented surge in sophisticated fraud schemes that are bleeding businesses dry. The ...

Owners of a California restaurant will have to pay $140,000 in back wages and damages after federal investigators found they hired a priest in an attempt to get employees to admit workplace "sins," an ...

The owner of a popular London restaurant has claimed that 'insufferable' and 'entitled' customers are costing him £1,000 a week in losses. Ferhat Dirik, owner of Mangal 2 in Hackney, London, shared a ...

70% of restaurant managers hate inventory because it wastes 4-6 hours monthly with manual counting, causes unexplained food cost spikes, and drives manager burnout/turnover. Leading brands fix this ...

Shift Washington has a decent roundup on some of the troubles in the Seattle restaurant industry likely influenced by its looming restaurant cost crisis: a raise in the city's minimum wage next month ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Michael Boyle is an experienced ...

Jonathan Ponciano is a financial journalist with nearly a decade of experience covering markets, technology, and entrepreneurship. Suzanne is a content marketer, writer, and fact-checker. She holds a ...

It all started with a bowl of traditional Chinese herbal soup served by a Hong Kong entrepreneur at his restaurant in Beijing. But that simple soup ended up costing him nearly 100,000 yuan (US$14,533) ...

A Michelin-guide restaurant has launched a water-only menu, with bottles costing up to £19. La Popote's co-owner Joseph Rawlins worked alongside one of only five British water sommeliers, Doran Binder ...

Brooms, a dustpan and a shovel sat outside a downtown Bakersfield restaurant Tuesday morning after employees swept up shards of broken glass from the eight windows and a door that were destroyed ...

Process costing and operational costing systems are used in accounting, usually in relation to the manufacturing sector. Both refer to the costs of production, but they differ in terms of methodology ...