Restaurant Industry Facts

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Macroeconomic Trends and the UAE Food and Beverage Industry

After a sharp decline in oil prices produced several years of macroeconomic slowdown, the UAE is projected to continue to have modest economic growth in 2018 but recover to 3% growth next year. Despite the sluggish economy, the UAE food and beverage industry has experienced consistent growth over the past five years, and restaurants in the UAE are uniquely positioned…read more →Read more...

Technology’s Impact on Menu Merchandising

Once a fairly humble piece of paper, the menu has evolved to become one of the most complex components of one of the most complex businesses in the world. Restaurant menus are a convergence of nearly every other facet of the business: marketing, supply chain, interaction, design, fulfillment production, copywriting, merchandising, etc. When combined effectively, they form the single most…read more →Read more...

Restaurant Industry Adding Jobs, But Employment & Wage Growth Slowing Down

The April 2018 US jobs report revealed that job and wage growth are slowing down in the foodservice and hospitality sector, though they’re still growing faster than the private sector average. Below, we take a further look at where employment and wages stand as of April 2018, along with how they’ll shape the industry and impact restaurant companies, investors, and…read more →Read more...

The Canadian Restaurant Industry Is Changing. Here’s How to Keep Up.

Last summer, a group of Tim Hortons franchisees, known as the Great White North Franchisee Association (GWNFA), took their parent company, Restaurant Brands International Inc. (RBI), to court. The restaurant owners filed two lawsuits, alleging that RBI misused marketing fees, tried to intimidate franchisees into submission, and failed to help individual restaurants cover rising costs. One of these growing costs,…read more →Read more...

Recent 2017 Restaurant Investments (And What They Mean for the Industry’s Future)

The past year has seen a flurry of high-profile mergers and acquisitions in the restaurant space, and restaurant investments. We’ve already rounded up most of the 2017 restaurant investments in previous posts but here, we pick up where we left off in September 2017, rounding up the most recent restaurant M&A news and examining how 2017 restaurant investments are indicative…read more →Read more...

5 Digital Consumer Restaurant Trends To Watch for in 2018

Most of the digital consumer trends currently impacting the restaurant industry are nothing new — mobile ordering has been used for several years now, for instance, and AI has achieved great success in other industries, like medicine. But even though companies like Starbucks and Chick-fil-A have been turning to tech for some time, others are slower to catch on —…read more →Read more...

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...