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same-store sales matched their highest rate since late 2023 in the second quarter, the company said on Wednesday, as the Minecraft Movie Meal promotion got the period off to a strong start. Same-store sales at the fast-food giant rose 2.5% and internationally. and internationally. and internationally. By Jonathan Maze on Aug.
The most accurate measure of land or CO2 “saved” by ordering a PLNT Burger is only attained if every purchase were originally intended to be for a fast-food beef burger instead. Nor has eating plant-based meat even made a significant impact on beef production, according to a 2023 report. Congratulations. So he took action.
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of dramatic Valentine's Day shift, best food scenes, and the evolution of c-store foodservice. As they grapple with rising costs across their supply chain, 71 percent of restaurants plan to increase prices this year.
For instance, in 2023 the median store generated a net profit of $114,549, compared with the $122,955 average. Crumbl suddenly struggled in 2023 as average unit volumes and profitability both fell. After adding 264 locations in 2022 and 281 in 2023, Crumbl added just 87 new restaurants in 2024. It’s good to provide data.
deals this week as fast-food pizza chains work to reverse stubbornly weak sales. deals this week as fast-food pizza chains work to reverse stubbornly weak sales. deals this week as fast-food pizza chains work to reverse stubbornly weak sales. The entire quick-service pizza sector grew by just 0.93% in 2023.
Continue to Site >>> Menu C-stores are stealing fast-food tactics. Not quite yet An easy way to bring bold Korean flavors to modern menus From BBQ to beverages, menus are seeing a lot of action Food C-stores are stealing fast-food tactics. Photo: Shutterstock Made-to-order food, value offerings, loyalty programs.
In 2023, we were the most sophisticated two-store bagel shop,” Jeff joked. Los Angeles has become a hotbed for bagel concepts like Courage Bagels, Hank’s Bagels, the Yeastie Boys food trucks, and more. The first three hires were software engineers that helped create a proprietary tech stack for the bagel shops. “In
The way Greenlane prices its menu has evolved since the first unit opened in 2023. For certain events, Greenlane also sends the mascot Gigi—a human in a fluffy pink bunny suit, because salads are rabbit food—who has become somewhat of a TikTok star, helping to build brand awareness. Continue to Site >>> Menu Forget coffee.
The Atlanta-based company is hoping that more modern food and restaurants will help its brands break through with younger consumers. When we spoke to younger customers, we found that Perkins is just not as relevant,” said Ascent CEO James O’Reilly, who joined the company in 2023. That means you can now get boba at Perkins.
Premium Financing Subway is rapidly losing its sub sandwich dominance The Bottom Line: The fast-food giant has seen its share of the sub sandwich market fall by 21% over the past five years. Their approach has been key to unlocking Shipley’s impressive growth,” CEO Flynn Dekker said of Peak Rock, in a statement. Unit count grew nearly 5%.
08, 2025 Facebook Twitter LinkedIn Papa Johns generated same-store sales growth for the first time since 2023. Premium Financing The fast-food market is tanking The Bottom Line: Fast-food chains are losing market share as their core customers, low-income diners, cut back and visit less often. By Jonathan Maze on Aug.
Noodles has been struggling with sales deterioration for years, and in 2023 the company ousted former CEO Dave Boennighausen, bringing in Madsen, the former president of Panera Bread and already a Noodles board member, as his replacement. Members help make our journalism possible. But that strategy raises some real questions.
Hart joins food-and-games investment company Emerging The Chicago-based company is behind Puttshack, F1 Arcade, Flight Club and the upcoming Poolhouse. The growth capital firm behind the food-and-games brands Puttshack, F1 Arcade and Flight Club has added more restaurant industry firepower to its leadership team. Photo: Shutterstock.
In 2023, it made its data accessible to ChatGPT , which enabled users to ask the chatbot for restaurant recommendations. And 27% have given up on a booking because they couldnt find the information they were looking for. OpenTable has been aggressive about integrating AI into its business.
Beerline Cafe does not serve Thai food, but gets lumped in anyway for being vegan. Google is a main thoroughfare for restaurant discovery, with more than 60% of consumers using the search engine to get restaurant information, according to a PYMNTS study from 2023. All of this has obvious implications for restaurants. Abdow said.
With more than 25-years of experience, Secor previously served as senior vice president of operations and training at GoTo Foods. He joined the restaurant in 2023 after working in Washington, D.C. By Restaurant Business Staff on Jun. At Taco John’s, she will oversee restaurant operations, technology and training.
Joining forces will allow the company to connect the dots between restaurants’ inventory, food prep and order flow, allowing operators to serve customers faster and more profitably, the companies said. “We chains as the restaurant tech market continues to consolidate. chains as the restaurant tech market continues to consolidate.
It’s also working to lower restaurant expenses through supply chain efficiencies and technology investments. First Choice builds upon Red Robin’s existing North Star plan, which began in 2023 under then-CEO G.J. That will include cost reductions at the corporate level that are expected to save the company $10 million annually in G&A.
That would create the largest food distributor in the U.S. 11, 2025 Facebook Twitter LinkedIn US Foods may be trying to make a big move to buy PFG. Photo courtesy of US Foods. A potentially monumental combination of two food distributors is apparently on the table. US Foods, the third-largest distributor in the U.S.,
Krupa joined the breakfast chain in 2023 as director of developent and has helped more than double its footprint. Anthony Torres has been named vice president of food and beverage for Pyramid Global Hospitality, a hotel management company with more than 250 hotels and resorts worldwide.
He will oversee a food-and-games chain that is seeing improving sales after a brutal start to the year. The hiring comes eight months after the Dallas-based food-and-games chain ousted Chris Morris amid a brutal sales slump that would only worsen in January and February. decline in the first quarter of 2023.
Lille Allen Brands like Fly By Jing and Bachan’s are reaching a whole new audience from the shelves of the ultimate big-box store The last decade or so has been a golden era for cool food products sold directly to consumers online. With more than 4,600 stores across the United States, Walmart is the definition of a retail behemoth.
According to recent data from SpotOn, its clients saw restaurant spending on Cinco de Mayo increased by 40 percent from 2022 to 2023. From a storage aspect, they have to utilize an extra refrigerated trailer for the week to have enough space for all the necessary food and beverage supplies, Pahlitzsch added.
This is how you show them the colors and textures of your food. Video Marketing Data In 2022, over 24 billion dollars was spent by restaurant owners to advertise their businesses. In 2023, the projected spending for social platform advertising for restaurants is over twenty-eight billion dollars.
Additionally, restaurants should make sure they have enough food and drink to meet the demand on this busy day. Super Bowl 2023 Promotion Ideas for Bars and Restaurants 1. So stock up on all-purpose cleaners and check your soap dispensers and other supplies to get back to your regular schedule. Offer discounts and specials.
Martha Cheng Hy’s Steakhouse was synonymous with Calgary dining in the 1950s, but as Canadian tastes have changed over the decades, a Waikīkī offshoot has become a time capsule of the iconic original It wasn’t long after opening in downtown Calgary in 1955 that Hy’s Steakhouse became synonymous with Alberta food culture.
The new innovative panel discussion format will debut at PRF Colombia, which takes place on 14 & 15 September 2023 in Medellín. points at 2023 Cup of Excellence El Salvador competition. Alongside hosting the 2023 China Coffee Championships, a number of exhibitors were present at the event – including Carimali China.
BITAC Food and Beverage. Advertised as a place for “uninterrupted private meetings between decision-makers and solution providers,” BITAC allows for several in-depth conversations between attendees and suppliers of equipment , furnishings, and technology needed to scale and sustain a restaurant business. Food Marketing Conference.
In 2020, the number of establishments in the food and beverage industry was estimated to be 23.1 million worldwide, and in 2023, there were about 749,404 restaurants in the United States alone. Use high-quality images (of your actual food, if possible). Aside from stamps or stickers, a points system could also work well.
8) Partner with suppliers No matter how good your menu is, you can’t prepare anything without the right ingredients and supplies. Shots showcasing your delicious food will also be a hit. Last Updated: August 2023 This content is for informational purposes and is not intended as legal, tax, HR or any other professional advice.
Follow these tips to get your food truck off the ground. Did you know the market size for the food truck industry was more than $2.2 billion in 2023? So, if you’re dreaming of starting your own food truck, you’re in the right place. Convenience is key, and your new food truck can leverage this trend.
And more and more often, whether we realize it or not, it’s also where we’re ordering our food. Introducing cloud kitchens , commercial facilities purpose-built to produce food specifically for delivery. Food delivery is nothing new, of course. Customers order online on food delivery apps (such as Grubhub, Doordash, etc.)
2023 brought new challenges to the table for the restaurant industry, from rising food prices due to inflation to continued disruptions in the supply chain. A Restaurant Pulse Check by Vericast found that nearly half of consumers plan to spend less on dining out in 2023. billion consumers with restaurants every year.
The podcasts I listened to advertised mushroom powders and nutrition powders. Global Market Insights reports that nutraceuticals, a marketing term for a food product that implies pharmaceutical effects, were a $423 billion global industry in 2022. I was shocked by the price: $99 per bag, a one-month supply.
“There is now optimism on the part of the American consumer, which helps to unleash pent-up demand for dining out,” says David Portalatin, NPD food industry advisor and author of Eating Patterns in America. Pet Supplies Plus. Based on data collected from 6,000 fast food restaurants in the U.S., Arby’s.
Cheetah, an e-commerce platform offering contactless pickup and delivery of food and supplies, closed $36M in Series B funding led by Eclipse Ventures, with participation from ICONIQ Capital, Hanaco Ventures, and Floodgate Fund. who provided business advisory and restructuring services. Cheetah Secures Funding.
From 2020 to 2023, this is how it went — labor law insulated corporate franchisors from liability for what goes on at individual franchise locations. Some fast-food chains, like In-N-Out, are entirely corporate-owned.) The 2023 update to this rule makes both the franchisor and the franchisee liable for unfair labor practices.
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