Get All Access for $5/mo

Wait Times at Casual U.S. Restaurants Flat <b></b>

New York-Average waits for a table at casual diningchains were little changed compared with a year ago, a monthlysurvey showed, though higher traffic at steakhouses showed U.S.consumers are shrugging off concerns about the first U.S. case ofmad cow disease.

The average wait time at 200 casual dining restaurants on theevening of January 23 was 28 minutes, compared with 28.3 minuteslast year, according to Smith Barney analyst Mark Kalinowski, whoconducts the poll. Longer wait times are considered good for therestaurant industry, since they indicate stronger demand.

Average wait times fell at Darden Restaurants Inc.'s OliveGarden, Red Lobster,and Smokey Bones BBQ chains. But Kalinowskinoted that the 9 percent decline in average wait times to 27.6minutes at Red Lobster, which has been struggling to draw incustomers for the last year, is the smallest in five months.California Pizza Kitchen Inc. and Ruby Tuesday Inc. were among therestaurants that posted the biggest gains in average wait times.-Reuters

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

Business News

Amazon Has a Blank Book Problem: Buyers Report Receiving Fakes of Bestselling UFO Book

The book looked fine on the outside, but the inside was out-of-this-world.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Paramount Leadership Alludes to Layoffs If Merger Does Not Go Through

Paramount is awaiting approval on its merger with Skydance Media from majority shareholder Shari Redstone.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.