Posts Tagged "Restaurant Trends"

How Much Americans Spent at Restaurants So Far in 2017

How much Americans spend at restaurants has fluctuated over the years, but lately, the numbers have been increasingly positive. Historically, grocery stores have taken the largest share of this pie. But in May 2015, restaurant spend had surpassed grocery spend for the first time in recorded history. Those who had been tracking the evolution in consumer spend likely saw this…read more →Read more...

Restaurant Loyalty Programs That Are Paying Off for Chains

Human nature is a funny thing. It’s what propels people to fixate on earning points. As kids, we’re rewarded with gold stars — often completing our homework for the reward more than anything else. Not much changes as we grow older — though the gold stars are swapped with points, with people opting to be loyal to one airline, one…read more →Read more...

Economic Factors Affecting the U.S. Restaurant Industry

A multitude of factors are currently affecting U.S. operators, from technological evolutions to shifts in dining behaviors. But some things never change: inflation, restaurant versus grocery prices, and consumer confidence will always have an impact on restaurant operators. Below, we delve into all of the above — plus highlight a couple of other interesting trends that are sure to impact…read more →Read more...

4 Ways Trump Will Impact Restaurants

Trying to determine the Trump impact on restaurants and foodservice is a difficult task. Will deportations (or that “big, beautiful wall” Trump promised) lead to higher food costs down the road? Will restaurant CEOs usher in an era of fewer regulations, all while climate change affects crop yields? A lot hangs in the balance and the short answer is that the future…read more →Read more...

Panera Saved Customers 10 Lifetimes Worth of Waiting

Technology has transformed a number of industries, from retail to healthcare. At Panera, the implementation of tech fueled sales and foot traffic, and had a tremendous impact on the guest experience, shaving years off of customer wait time (but more on that later). Investment in restaurant tech has the potential to transform how chains operate, manage staff, create value, and increase…read more →Read more...

25 Scary Things Keeping Restaurant CEOs Awake at Night

One thing is for certain – there’s a lot more uncertainty in the world today. And it’s having an impact on not just the economy around the world, but the restaurant business and sleeping habits of restaurant CEOs forced to contend with increasingly complex challenges brought on by globalization and modernization. So, let’s take a look at just 25 of…read more →Read more...

25 Questions That Can Lower Your Food Costs

There’s little that a fireman loves more professionally than putting out fires. So, imagine a fire brigade getting an emergency call that there’s a fire, but no indication of where it is and no way of tracing back the location; no smoke on the horizon, no glare in the night sky, just darkness and the knowledge that there’s trouble. In…read more →Read more...

Chipotle: A Love Story or Competitor Loathing?

We anticipated a heart-tugging video from Chipotle this summer, but not quite this one. Surely, after the loss of nearly $12 billion in market capitalization from a series of food safety blunders, the anticipated video would be about taking responsibility for ones’ actions and taking measures to improve personally. Nope. It was instead centered on blasting competitors for doing exactly…read more →Read more...

Evidence the Better Burger Segment is Getting Saturated

THE SHAKE SHACK SLIDE Americans love hamburgers. With nearly 50,000 burger joints in the United States, there’s one location for every 6,300 citizens who – on average – consume 46 burgers each year; collectively gobbling down 14 billion hamburgers annually. Of all sandwiches sold in the U.S., 60 percent are hamburgers, and 71 percent of all beef American’s consume comes…read more →Read more...