Riley Lagesen, Shareholder and Chair of the Global Restaurant Industry Group at GreenbergTraurig, and Jonathan Sack, Shareholder at GreenbergTraurig, join Michael Halen, Senior Restaurant and Foodservice Analyst at Bloomberg Intelligence, to discuss California's passage of the Fast Act. The legislation will increase costs for fast food chains, including a potential 47% jump in hourly wages to $22. Menu price hikes, automation and potential challenges to the legislation are some of the topics covered.

Riley Lagesen, Shareholder and Chair of the Global Restaurant Industry Group at GreenbergTraurig, and Jonathan Sack, Shareholder at GreenbergTraurig, join Michael Halen, Senior Restaurant and Foodservice Analyst at Bloomberg Intelligence, to discuss California's passage of the Fast Act. The legislation will increase costs for fast food chains, including a potential 47% jump in hourly wages to $22. Menu price hikes, automation and potential challenges to the legislation are some of the topics covered.

“Choppin’ It Up” by Bloomberg Intelligence features conversations with analysts, executives and entrepreneurs that are shaping the future of the restaurant industry. Topics include human capital, ghost kitchens, menu pricing, the FAST Act and everything in between. The podcast is hosted by Senior Restaurant and Foodservice Analyst Michael Halen.

“Choppin’ It Up” by Bloomberg Intelligence features conversations with analysts, executives and entrepreneurs that are shaping the future of the restaurant industry. Topics include human capital, ghost kitchens, menu pricing, the FAST Act and everything in between. The podcast is hosted by Senior Restaurant and Foodservice Analyst Michael Halen.

Choppin’ It Up by Bloomberg Intelligence

California's Fast Act to Raise Restaurant Costs

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5f0ca3c3-2cd6-4c22-b9c1-af96011a3ef1/transcript

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There’s a lot of talk about how soft the consumer is, but our third-party delivery same-store sales are up 50% year over year, Brooklyn Dumpling Shop CEO Jeff Galletly tells Bloomberg Intelligence. In this episode of the Choppin’ It Up podcast, Galletly sits down with BI’s senior restaurant and food-service analyst Michael Halen to discuss how the company is performing amid soft spending by fast-casual customers, particularly millennial and Gen Z consumers. He also comments on Brooklyn Dumpling Shop’s packaged-food business, value approach and a planned reverse takeover.

Listen to this episode on Apple Podcasts and Spotify.

There&rsquo;s a lot of talk about how soft the consumer is, but our third-party delivery same-store sales are up 50% year over year, Brooklyn Dumpling Shop CEO Jeff Galletly tells Bloomberg Intelligence. In this episode of the Choppin&rsquo; It Up podcast, Galletly sits down with BI&rsquo;s senior restaurant and food-service analyst Michael Halen to discuss how the company is performing amid soft spending by fast-casual customers, particularly millennial and Gen Z consumers. He also comments on Brooklyn Dumpling Shop&rsquo;s packaged-food business, value approach and a planned reverse takeover.
Listen to this episode on Apple Podcasts and Spotify.

Brooklyn Dumpling Shop CEO on Fast-Casual Sales

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/52529d17-54f0-4055-9d8a-b3b401152f74/transcript

If a leader wants to run a business that’s more focused on taking care of its people, he or she has to reflect on their own values and how they embody them, Liberty Ventures Founder and CEO Alexander McCobin tells Bloomberg Intelligence. In this episode of the Choppin’ It Up podcast, McCobin sits down with BI senior restaurant and foodservice analyst Michael Halen to discuss how the principles of conscious capitalism can help restaurant leaders leverage their values and company culture to achieve greater success. He also comments on the benefits of community, collaboration and creating value for all stakeholders.

If a leader wants to run a business that&rsquo;s more focused on taking care of its people, he or she has to reflect on their own values and how they embody them, Liberty Ventures Founder and CEO Alexander McCobin tells Bloomberg Intelligence. In this episode of the Choppin&rsquo; It Up podcast, McCobin sits down with BI senior restaurant and foodservice analyst Michael Halen to discuss how the principles of conscious capitalism can help restaurant leaders leverage their values and company culture to achieve greater success. He also comments on the benefits of community, collaboration and creating value for all stakeholders.

Liberty Ventures CEO on Conscious Leadership

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a535a7a4-6490-465b-ad91-b3a600d8acdb/transcript

Value is more than just price — you have to give the guests an experience that exceeds their expectations, Golden Corral CEO Lance Trenary tells Bloomberg Intelligence. In this episode of the Choppin’ It Up podcast, Trenary sits down with BI’s senior restaurant and foodservice analyst Michael Halen to discuss how the buffet chain is growing same-store sales in a difficult consumer environment. He also covers operational improvements, managing food costs and weak spending by Hispanic and Gen Z consumers.

Value is more than just price &mdash; you have to give the guests an experience that exceeds their expectations, Golden Corral CEO Lance Trenary tells Bloomberg Intelligence. In this episode of the Choppin&rsquo; It Up podcast, Trenary sits down with BI&rsquo;s senior restaurant and foodservice analyst Michael Halen to discuss how the buffet chain is growing same-store sales in a difficult consumer environment. He also covers operational improvements, managing food costs and weak spending by Hispanic and Gen Z consumers.

Golden Corral’s Improved Operations Boost Sales

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/070aa11c-a960-4cbf-b76a-b39900fe124e/transcript

California's Fast Act to Raise Restaurant Costs

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