Archive for March, 2017

The Future of Foodservice Is Already Here

We’re currently in the midst of a fourth Industrial Revolution — one that’s bringing together digital, biological, and physical systems. What might have seemed Orwellian 25 years ago — sending a self-driving car to pick up a pizza, or wearing contact lenses that allow a maitre’d to immediately know your dining preferences — is in many cases a reality today….read more →Read more...

The Unfamiliar Face of New Competitors

The restaurant industry has been undergoing some pretty major changes lately. Restaurant delivery growth has skyrocketed in recent years. Automation is transforming the industry, one human-replacing-robot at a time, too. And the bulk of the companies paving the way for those trends are still just startups. Today, “startup” seems an almost euphemistic word for companies that are bringing in millions…read more →Read more...

What to Do When Sales Are Down

Even the savviest executives find themselves plagued by the persistent, nagging feeling that comes with negative restaurant chain sales and traffic. In the restaurant industry, that feeling is amplified. Tonight, there will be dozens of CEOs who go to bed stressed out, worried what the board will say after yet another down week. Some might console themselves with the thought…read more →Read more...

Restaurant Delivery Will Reshape the Foodservice Industry

We’ve all heard of UberEats, Postmates, and Caviar. Chances are, you may have even used a mobile delivery service to order lunch. But the future of food delivery is more than a flash-in-the-pan. Delivery isn’t the new quinoa, or 2017’s answer to kale. It will fundamentally alter the foodservice business, and lead to a seismic shift in the restaurant industry….read more →Read more...

What the Future Holds for Restaurant Mergers and Acquisitions

The future is never certain, but it’s safe to say that now’s a good time for restaurant mergers and acquisitions. The recent news that Restaurant Brands International (the parent company of Burger King and Tim Hortons) would be paying top dollar to acquire Popeyes raised some eyebrows. The $1.8 billion transaction — worth more than six times the chicken chain’s…read more →Read more...