Kat Bites

Kats Bounce. Dining Bites Back. Mostly food. Allegedly funny. No grind. No hustle. No fries, chips!

[Kat Bites @DiningbitesKat]

Nearly 60% of restaurant companies reported negative same-store sales this year, and 51% were negative on a two-year stack.

Operators launched more than 40,000 limited-time offers, the highest on record, chasing visits that are not returning.

Check growth can’t fix traffic, and 62% of consumers still expect prices to rise.

[Kat Bites @DiningbitesKat]

Nearly 40% of Americans are eating out less, and nearly half of lower-income diners are cutting back.

82% say restaurant prices are still rising, yet only 28% think what they are paying is fair…

[Kat Bites @DiningbitesKat]

Visit Portland! Where cocktails are $20 and lawmakers are trying to turn salmon fishing into organized crime.

[Kenny Capital @KennyCap_Phd]

Overall, Portland might be one of the worst west coast markets right now imo

[Kat Bites @DiningbitesKat]

@KennyCap_Phd ❤️

[Kat Bites @DiningbitesKat]

Seattle, you’ve got a problem.

32% office vacancy.
Office buildings down 58%.

Those are rookie numbers.
Gotta pump those up.

[Kat Bites @DiningbitesKat]

@KennyCap_Phd @RealJohnGaltFla Oregon is crazy…

But.

I do miss the restaurants.

The food in Dallas is parochial at best. People eat sushi with forks and no one can make a clean over a cube Negroni.

I do appreciate the vitamin D.

[Kat Bites @DiningbitesKat]

Average weekly hours worked in Oregon just fell to the lowest level since the Great Recession. Under 33 hours a week.

Add in 5.2% unemployment, the third highest in the country.

That’s a rough combo meal deal.

[Kat Bites @DiningbitesKat]

Oregon’s jobless rate has climbed to 5.0%, and the state’s U-6 underemployment rate hit 9.3%, its highest since 2021.

It’s now rising twice as fast as the national average.

[Kat Bites @DiningbitesKat]

@RealJohnGaltFla Background checks aren’t banned. The issue is using arrest records instead of convictions to deny employment… tsk tsk Target 🫠

[Kat Bites @DiningbitesKat]

And now the outcome…

38 bars closed, 484 redundancies, £33M sale to Tilray.

No recovery for equity holders.

[Kat Bites @DiningbitesKat]

BrewDog’s losing streak finally caught up.
The brewer’s cutting jobs after posting a £36.6M pre-tax loss in 2024, its fifth straight year in the red.

It’s already shuttered 10 UK bars, lost a third of its pub distribution, and needed a £20M equity lifeline just to stay afloat.

[Kat Bites @DiningbitesKat]

Oooooooof, Papa John’s.

[Sunday Night Football on NBC @SNFonNBC]

THIS ONE'S FOR YOU, SEATTLE. 🫵 #SBLX

[Kat Bites @DiningbitesKat]

@sirralphie2k @cherrygarciafan See… Portland, OR 🫠

[Kat Bites @DiningbitesKat]

UK hospitality has already lost nearly 9K jobs since the Oct Budget and industry leaders warn another 100K roles are at risk.

More than 2K venues could close in 2026 with as many as six shutting every day.

Costs rise, jobs disappear and closures accelerate exactly as warned.

[Kat Bites @DiningbitesKat]

$1.2B in debt and Hot Dog on a Stick to show for it.

[Kat Bites @DiningbitesKat]

Waiting for times to get even tougher for Crumbl to test an OF account.

[Kat Bites @DiningbitesKat]

@MauiBoyMacro

[Kat Bites @DiningbitesKat]

Yesterday they announced execs stepping down.

Today, Chipotle guides to its first same-store sales decline in over 20 years. Couldn’t have timed it better.

[Kat Bites @DiningbitesKat]

Punch in. You’re hourly now.

Washington’s exempt salary threshold jumped 15.6% to $80,168 in Jan. It’s set to rise past $93K by 2028.

Minimum wage gets the headlines. This is what’s rewriting comp.

[Kat Bites @DiningbitesKat]

Noodles & Company to double its planned restaurant closures in 2026.

[Kat Bites @DiningbitesKat]

No deadlines, no guarantees.

Just Noodles in limbo.

[Kat Bites @DiningbitesKat]

The old-timer returns. Corporate does not.

Cracker Barrel lays off dozens of HQ staff targeting $25M in savings.

[Kat Bites @DiningbitesKat]

Salad and Go expanded at one store per week, then shut 73 locations and abandoned Texas and Oklahoma.

[Kat Bites @DiningbitesKat]

Nothing transports me back to the rolling hills of Tuscany like inhaling a caprese wrap in a Honda Civic at the Salad and Go drive-thru.

[Kat Bites @DiningbitesKat]

@MrAwsumb @cherrygarciafan 🫡🖤