#Toast valued at over  billion in market debut

#Toast valued at over $32 billion in market debut

“#Toast valued at over $32 billion in market debut” Shares of Toast Inc jumped more than 63 percent in their New York Stock Exchange debut on Wednesday, valuing the restaurant software provider at nearly $32.6 billion. The stock opened at $65.26, compared with its initial public offering price of $40 per share. The Boston-based company, which makes software to…

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#How the NYC restaurant scene defied the pandemic

#How the NYC restaurant scene defied the pandemic

“#How the NYC restaurant scene defied the pandemic” For New York City’s restaurants, the future is mostly the past – and that’s a good thing. The pandemic has not “changed everything” — despite outdoor seating, no-contact menus and earlier eating hours — as many predicted it would. The overlooked, underappreciated, mind-boggling – and happy —…

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#Fotografiska shutters Stephen Starr restaurant Veronika

#Fotografiska shutters Stephen Starr restaurant Veronika

“#Fotografiska shutters Stephen Starr restaurant Veronika” Fotografiska, the Swedish photography museum at 281 Park Avenue South, closed the shutter on acclaimed restaurant Veronika this week — but it won’t say why. The abrupt closing of Stephen Starr’s beautiful, second-floor venue for modern Eastern European cuisine came only a few weeks after it reopened following a…

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#Restaurant recovery gets hit hard by Delta variant

#Restaurant recovery gets hit hard by Delta variant

“#Restaurant recovery gets hit hard by Delta variant” The pandemic’s grip on the restaurant industry is starting to tighten again. A number of metrics point to a slowdown in dining out that is alarming to this hard-hit sector that had steadily led the jobs recovery this year until the Delta variant reared its ugly head….

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#Grand Central Oyster Bar to reopen September 7

#Grand Central Oyster Bar to reopen September 7

“#Grand Central Oyster Bar to reopen September 7” Shell-shocked bivalve lovers can rejoice — the Grand Central Oyster Bar, closed for most of 17 months, will reopen on Sept. 7, the restaurant announced on Monday.  The piscine palace’s return will soon be followed at other iconic places that remained dark even as business picked up…

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