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So much data is generated at every point within a restaurant, whether fastcasual or fine dining. The quicker businesses can feed that information back into operations, the better, whether for personalized dining, staffing optimization, or advertising and marketing. Data, Data, Data.
Renewed Optmism Ahead for Franchise Landscape The last five years have provided significant challenges to the restaurant franchise industry. Franchise 2.0: Meeting these consumer expectations and employee needs is pushing restaurant franchises towards artificial intelligence and automation. Lunch traffic is down -0.1
Joe Gale has more than 30 years of sales, operations and account management experience, including 20 years with Coca-Cola North America Foodservice where he worked closely with numerous QSR and fastcasual brands. Joe Gale What are the key challenges for the franchising landscape?
But learning how to make his wife a great bagel ended up creating a business, Jeff’s Bagel Run, which now has 15 locations and is franchising. Wetherill took on about 50% ownership and they launched JBR Franchise Co., to franchise the bagel brand. The families became fast friends. And he loved bagels. They struck a deal.
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. ” Taffer's Tavern Inks Multi-Unit Deal.
Fast-casual Panera Bread has been going through significant change over the past two years, with multiple board and leadership changes. As of early June, Panera Bread had 2,197 units, both company and franchised, in 48 states, Washington, D.C. By Lisa Jennings on Jun. Photo: Shutterstock. and Canada. Sign up here.
MRM's Franchise Feed provides the latest news in restaurant and MUFSO franchising. Subway® announced significant expansion in India, Sri Lanka and Bangladesh, as the company signed a master franchise agreement with Everstone Group (Everstone), a South Asia focused leading private investment firm. million. .
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. ” Samira Shariff brings nearly 40 years of experience building successful restaurant brands in Alberta as a multi-unit franchise owner and operator in Edmonton.
The New Jersey-based fast-casual chain has been acquired by private-equity firm Thompson Street Capital Partners, the company announced Wednesday. Bubbakoo’s started franchising in 2015, and the chain has grown into 15 states, mostly on the East Coast and Midwest. By Lisa Jennings on Jun. By Lisa Jennings on Jun. Sign up here.
But it wasn’t quite so bad for fast-casual concepts , which outpaced other categories with 9% growth in 2024, according to Technomic. Fast-casual chicken chains, including Dave’s Hot Chicken, saw double-digit sales growth, while fast-casual pizza continued to falter. By Heather Lalley on Jun.
Salad is rising as the next drive-thru concept The fast-casual Greenlane is plotting growth across Florida with investor and NFL star Rob Gronkowski working the drive-thru window. But Tampa-based Greenlane is among a growing number of fast-casual concepts making freshly prepared salads a drive-thru option.
A rendering of Perkins Griddle & Go fast-casual concept. Simultaneously, the company also created a fast-casual version of Perkins called Griddle & Go, another nod to younger, on-the-go customers. News food drink Joe Guszkowski is a senior editor with Restaurant Business covering technology and casual-dining chains.
The fast-food franchisor is asking a federal court to sign off on its decision to terminate Paradigm Investment Group’s franchise agreement. Private-equity firm Savory Fund made a major investment in casual-dining chain Hawkers Asian Street Food. Starbucks’ latest gambit to improve operations?
Formerly with Yum Brands, Davenport worked with Pizza Hut for more than nine years, including as managing director for global franchise markets and managing director for the Middle East, Turkey and Africa. As Mooyah’s president, he is tasked with leading the chain into its next stage of franchise growth. and Hardee’s.
The convenience-retailing giant on Wednesday announced a Craveables Value Menu, pitting it in head-to-head competition with fast-food chains also looking to win consumers over with low prices. Photo: Shutterstock 7-Eleven is ready to do battle in the summer value wars. With more than 13,000 stores in the U.S.
News technology delivery finance Joe Guszkowski is a senior editor with Restaurant Business covering technology and casual-dining chains. Premium Emerging Brands Pepper Lunch carves a niche in the Panda Express-dominated world of Asian fastcasual The Japan-born franchise brand has 540 units globally, but only nine in the U.S.
News independents chefs Lisa Jennings is a veteran restaurant industry reporter and editor who covers the fast-casual sector, independent restaurants and emerging chain concepts. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Tropical Smoothie Cafe signed two multi-unit franchise agreements to develop 38 new cafes across the state of Colorado, including a 27-unit deal and an 11-unit deal. . "My
On Thursday, the casual-dining chain promoted Lyle Tick, its president and chief concept officer, to the top job. News casual_dining Joe Guszkowski is a senior editor with Restaurant Business covering technology and casual-dining chains. By Joe Guszkowski on Jun. Sign up here. Get today’s need-to-know restaurant industry intelligence.
The National Restaurant Association’s State of the Industry Report found 46 percent of family-dining and fine-dining restaurants added delivery options between March and December 2020, along with 44 percent of casual-dining and fast-casual restaurants. So what’s next? Will these habits stick?
Quick service and fastcasual segments continue outperforming full-service restaurants by a very wide margin. By June, the median company in quick service and in fastcasual had increased their number of hourly employees per location compared to their pre-pandemic staffing levels. How Is Casual Dining Doing?
We've explored new modes of advertising, consistent social media posting, we're signing up for Rotary fundraisers and participating more in the life of the community, which is a win-win. Ross Franklin, CEO and Founder of Pure Green Franchise. When you give back to the community, the community takes care of you.
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. Restaurant Franchising and Innovation Summit.
Technology-enabled franchises are better positioned to continually evolve to meet guests’ changing expectations. In the short term, it’s QSR that will experience labor improvement, then fast-casual. Restaurants will become increasingly casual. Suzannah Gerber of Haven Foods. This will also mean the average sq.
parent company of fast-casual restaurant chain The Habit Burger Grill, for approximately $375 million in a cash transaction. Founded in 1969, The Habit Burger Grill operates nearly 300 company-owned and franchised restaurants across the United States and in China. Beefing Up with Habit Acquisition. Brands, Inc.
Brooklyn Dumpling House just opened and they're already franchising the idea. Concepts that captured strong market share like fastcasual chains will continue to outpace growth in full service locations. Restaurants are tight-margin businesses, but still they spend millions of dollars a year on promotions and advertising.
If you're a fast-casual place and only offer a couple of alcoholic beverages, then "alcohol" should be enough. Digital advertising, marketing software , printed menus, signage, promotions, and loyalty programs. This could include franchise fees, third-party management agreements, or advisory services.
HOP® Restaurants announced plans to launch Flip’d by IHOP™, a new fast-casual concept in the U.S., “In looking at what exists today in terms of fresh, fast menu options — particularly at breakfast — there’s still tremendous opportunity for growth,” said Jay Johns, President of IHOP.
CAA-GBG , a global brand management platform, and The Halal Guys , the fast-casual Middle Eastern restaurant famous for pioneering American halal food, top photo, established a long-term partnership. Winning dishes will be reviewed by Flavored Nation’s panel and announced in mid-April, along with 2020 event locations.
“Fast food options usually fall into two buckets: fast, healthy, and unaffordable, or fast, unhealthy, and affordable and nothing in between. It has the potential to set new standards for service and operations at our franchise restaurants.” ” Burger King Teams with Uber Eats. AdTheorent, Inc.,
Fast-serve restaurants are quite a force in the food industry and don’t appear to be dwindling. Even during difficult economic times, people still enjoy the convenience and the lower price of fast-serve restaurants compared to more formal full-service restaurants. Use Promotions to Attract Customers. Who doesn’t love a good deal?
Franchising is a time-tested business model that allows restaurant owners to scale their business fast and efficiently. In this post, we are NOT exploring the benefits of a restaurant franchise. We’ve included those at the bottom of the page to give you a complete picture of the risks of franchising your foodservice brand.
Restaurants, whether a casual restaurant or a full-service restaurant, are businesses like any other, and they’ve put a lot of thought into their portion sizes and prices/cost of food. Full-service restaurants: These fall into the 3-5% profit margin range, depending on restaurant size, menu item prices, turnover rates, and location.
Gaining traction as you work to franchise your concept can take a great deal of effort and strategic thinking. After more than a decade of investing in a variety of industries and branded businesses, I’ve learned what exactly businesses need to do before they start franchising and throughout the process to maximize success.
Chippy will be helping with staff shortages and combating inflation as we see more and more tech use with fast-casual concepts. Chippy is a product of Miso Robotics , whose other business partners include the aforementioned Buffalo Wild Wings and the Dodgers baseball franchise.
We’ve already seen a surge in loyalty programs over the years, and now, with mobile accelerating as fast as it is, there’s great opportunity for brands to follow suit and introduce their own digital offers and rewards platforms. Restaurants are trying to do more with less and becoming very precise in their advertising approach.
I see flat-fee QSR, hybrid or fastcasual restaurants with fixed-price approachable menus of typically unattainable offerings, such as Burger Lobster (lobster) and Sugarfish (sushi, omakase) becoming more popular. Ross Franklin, CEO and Founder of Pure Green Franchise. followers.
Now Cheek is back at Newk’s, which is part of the FSC Franchise Co. Premium Emerging Brands Olive & Finch lets diners dictate how they want to experience the brand This growing premium fastcasual out of Denver is expanding with an all-day menu priced no higher than $20. family backed by CapitalSpring.
Franchising has enabled restaurant chains to grow exponentially across the world. chains account for almost 60% of foodservice sales — for every dollar you consume in restaurants, 60 cents go to a franchised system. Through time, international chains have expanded to new markets via franchising. In mature markets like the U.S.,
For example, we may see other categories beyond fastcasual, quick serve and family dining begin to emerge, such as our company building a new category of “Craft Casual.” We remodeled our stores, changed advertising/marketing strategy and invested in technology for the business to be more efficient and effective.
He will replace longtime leader Bob Johnston, who began working at Melting Pot as a dishwasher at 14 and later bought the concept with his brothers, growing it into a national franchise. He has held various franchise and operations leadership roles. It also unveiled a new incentive program to help spur franchise growth.
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