Restaurant Industry

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

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

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

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

Pizza and Healthy Foods Dominate the Fastest Growing Fast Casual Restaurants

In September 2017, Restaurant Business released its list of the top 25 Fastest Growing Fast Casual restaurant chains. The list was full of notable names, from sweetgreen to Blaze Pizza, and unveiled plenty of trends. The fast-casual segment’s growth hasn’t been as strong as in years past (more on that

Coffee in the Middle East: A Growing Segment

Coffee has long been a part of Middle Eastern culture and, in recent years, chains have caught on, opening a flurry of coffee shops in thriving regions like the UAE and Saudi Arabia. Starbucks alone touts nearly 600 stores in 12 Middle Eastern and North African countries employing more than

The Factors Affecting the UAE Restaurant Industry

The United Arab Emirates (UAE), a federation of seven states, combines a rich history with thriving metropolitan areas — making it one of the Middle East’s most important economic centers. The owners, operators, and investors in UAE restaurant chains have reaped the rewards of its shifting demographics and its thriving

U.S. Steakhouse Restaurant Sales: A Bright Spot In the Industry

Despite the recent struggles of some pockets of the restaurant industry, steakhouses have provided a bright spot in even the most dismal dining segments. While many Casual-Dining chains struggled, casual steakhouses came out on top. Fine-Dining chains (many of which are steakhouses) saw an uptick in sales, too. Steakhouses and

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

Casual Dining Restaurant Chains Entering Dangerous Waters

In 2008, Blockbuster CEO Jim Keyes told a Motley Fool writer that “neither RedBox nor Netflix are even on the radar screen in terms of competition.” Just a few short years later, Keyes’ company filed for bankruptcy protection and, today, Netflix has completely eclipsed the former giant of the movie