Open for Business? What’s Going On With Restaurant Operating Hours?

You may have noticed your local bagel shop doesn’t open as early or stay open as late as it used to. No longer can you pop into the corner store and treat yourself to a late-night snack. But you aren’t alone in your observation. Hundreds of thousands of restaurants across the U.S. are shifting or have already shifted their operating hours.

This change in hours can be largely found as a result of the global pandemic, whose long-term effects include staffing and resource shortages. Barbara Castiglia of Modern Restaurant Management stated, “You know, everything that’s been affecting us, it will still be affecting us.”

A recent study conducted by Datassential investigated whether the operating hours of hundreds of thousands of restaurants across the U.S. were actually changing. The study examined two time periods across the same month, one in October 2019 and one in October 2022.

“What they found was that something you may have noticed just from being out there, that restaurants aren’t open as long as they used to be,” explained Castiglia, “They also found that 58.6% of restaurants have reduced their operating hours since 2019 while just 19.8% have increased them.”

While this study was more confirmational than it is shocking, the decline of operation hours by 7.5% in 2022 as compared to 2019 means that there are fewer options for consumers at irregular hours. It also means that restaurants are having to make more sales throughout a shorter timeframe. This change in operation isn’t just affecting independent restaurants, but chains across the country, including Denny’s, Texas Roadhouse, and Einstein Bros.

Why is this happening? Castiglia explained, “So, some of the same economic factors that were present during the pandemic are still at work here. Staffing for this is, you know, obviously the main thing: you have the cost of staffing, the cost of keeping things open for much longer periods of time when maybe people aren’t going to be there.” And while the holiday season might elongate these hours for a brief time, Castiglia believes shortened hours for the whole of the industry are here to stay.

 

Follow us on social media for the latest updates in B2B!

Image

Latest

Women's empowerment
Seizing the Narrative: The Transformative Impact of Storytelling on Women’s Empowerment
April 19, 2024

With gender equality becoming a significant global agenda, the narrative around women’s empowerment is more relevant than ever. Amid rising awareness and shifting societal norms, women are increasingly seeking avenues for self-expression and empowerment. A recent study by the Global Gender Gap Report highlights that while progress is being made, substantial efforts are still […]

Read More
V2G technology
Plug into the Future: Decoding V2G for Utility Applications
April 19, 2024

Brian Rudy from Verizon IoT and Melissa Chan of Fermata Energy explore the cutting-edge potential of vehicle-to-grid (V2G) technology at DISTRIBUTECH 2024. Their discussion highlights how this innovation transforms electric vehicles into dynamic energy storage units, capable of stabilizing the grid by storing and discharging power as needed. This technology represents a significant shift […]

Read More
zero trust architecture
Secure Grid Modernization with Zero Trust Architecture
April 19, 2024

Ray Bauer of Verizon Business engages with Del Rodriguez from Palo Alto Networks at DISTRIBUTECH 2024. Rodriguez shares insights into the significance of cybersecurity within the utility sector, particularly in light of increasing cyber threats and the convergence of IT and operational technology (OT). Bauer and Rodriguez discuss Palo Alto Networks’ initiatives to enhance […]

Read More
private wireless networks
Private Wireless Networks
April 19, 2024

Verizon host Wayne Weeks discusses the evolving utility industry with John Gaster, CEO of KSI Data Sciences at DISTRIBUTECH 2024. Together, they explore how KSI focuses on harnessing data from remote sensing devices to enhance the safety, efficiency, and cost-effectiveness of utility operations. Gaster emphasizes the significant role of AI and machine learning in […]

Read More