Archive for November, 2017

The Top 100 Independent Restaurants in the US: Who’s In, Who’s Out

An analysis of the top 100 independent restaurants in the US reveals a few trends: steakhouses, for one, are among the highest-grossing chains. American-focused concepts are tops, too, generating as much as sales as seafood, French, and Spanish independents combined. But a look at how that list has changed since it was first published by Restaurant Business back in 2014…read more →Read more...

How Food Startups Are Re-Shaping The Way We Eat

With Amazon’s acquisition of Whole Foods, new dietary habits shaping the way we eat, and whole new dining categories cropping up, it’s clear that the restaurant industry (and food, at large) is in flux. In a November webinar, CB Insights Senior Intelligence Analyst Zoe Leavitt delved further into new investment into F&B, along with the latest trends to attract investors….read more →Read more...

Four Ways Changing Consumer Preferences Are Impacting Restaurants

Changing consumer preferences impact every facet of the economy but perhaps none quite so much as restaurants. Urbanization is seeing more consumers move to cities — as a result, restaurants are creating prototypes with smaller footprints and newer ways of dining (grocery delivery, kiosks, etc.) are stealing share from the traditional sit-down models. A move toward healthier eats has made…read more →Read more...

October 2017 US Restaurant Labor Data

October 2017 US restaurant labor data was largely a mixed bag. While job growth outperformed expectations, wage growth slowed — though it’s important to note that hourly wages in the Leisure & Hospitality sector increased faster than the average of the private sector. Below, we take a further look at where employment and wages stand as of October 2017, along…read more →Read more...

How Restaurant Chains Are Using Tech to Engineer Convenience Into the Dining Experience

As quick-service and full-service restaurants continue fighting for market share from fast-casual players, they are increasingly turning to tech, unveiling mobile order apps, bill-splitting technologies, and delivery to engineer more convenience into the dining experience (and add to their bottom lines in the process). Still, not all chains are on board. In fact, entire segments (paging Casual Dining Restaurants) still…read more →Read more...