Jean Georges

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Sagging Economy Is Bitter Dish for Restaurateurs

With 12-15% slump forecast in fine dining for '09, some close down, others plug deals

(Newser) - Lean times are perhaps leanest in the restaurant business, and fine-dining establishments are bracing for a particularly tough year while improvising strategies to remain afloat, the Wall Street Journal reports. Sales, $7 billion last year, are expected to plummet 12-15%; the industry could shed 12,000-18,000 restaurants, a 2-3%... More »

Jean-Georges Has Appetite for Empire

Chef Vongerichten aims for unheard-of 50 restaurants in 5 years

(Newser) - Jean-Georges Vongerichten has been busy indeed outside the kitchen—too busy, in the minds of some. In the next 5 years, the restaurateur plans to open between 30 and 50 new establishments in Starwood Hotels worldwide. The dramatic move, brokered by a private-equity firm, will make consistency a challenge and... More »

2 Stories