This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Culinary and Cocktail Trend Forecasts Kimpton is returning with its annual Culinary + Cocktail Trend Forecast highlighting predictions from its global team of restaurant and beverage talent. Freeze-Dried Fruit & Veggie Powders Freeze drying fruits or vegetables enhances both flavor and texture in beverages.
More specifically, a specialty beverage break. Rethinking Beverages The typical drink upsell—soft drinks and coffee or tea—has decreased over the past few years as customers increasingly eat restaurant food at home. One in four respondents order specialty beverages more than once a week. What’s on the Menu?
JBF Food and Beverage Investment Fund for Black and Indigenous Americans. Food trucks, pop-up supper clubs, fast-casual restaurants, and brewpubs are all a part of the unique culinary fabric of this country. Cheryl Day, Baker and Author, Back in the Day Bakery, JBF Food and Beverage Industry Relief Fund Grantee.
So much data is generated at every point within a restaurant, whether fastcasual or fine dining. – ezCater CTO Erin DeCesare Customized Catering for Flexible Occasions – The rise of personalized group dining experiences is reshaping catering trends, and L&L is already meeting the demand. Data, Data, Data.
Restaurant industry challenges are pushing operators to be more creative and efficient with many opting for more multifunctional spaces – especially in a fast-casual setting. Another specialty beverage concept we designed is a great example of how contrast can create impact.
The discussion included food, beverage, nutrition, lifestyle and unique aspects of boutique and high volume foodservice. Among the findings: Casual experiential dining appeals on many fronts to consumers of varying ages in different parts of the country looking for affordable culinary experiences.
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.
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. million last year, that’s more than double the next closest chain.
“In 2025, restaurants are walking the fine line between automation and hospitality,” said Ming-Tai Huh, Head of Food & Beverage at Square. Fast-casual visits overall were down 3.8 ” A Year of Challenges U.S. In December, QSR restaurants overall saw visits decline 2.9 percent in December and 11.3
In this edition of MRM Research Roundup, we have news on understanding customer loyalty, beverage insights, restaurant supply loyalty, the influence of discounts, the state of payments and the evolution of gift cards. " Beverage Insights. The Value of Trust.
In this edition of MRM Research Roundup, we feature news about an influx of catering orders, the topic of tipping, the rise of kiosks and affordable Michelin restaurants. Among the highlights: On or Off Prem Same-store catering transactions increased +71 percent in Q4 2023 compared to Q4 2022. emerges, top tech investment for 2024.
– Chris Adams, VP of Strategy, Oracle Food and Beverage. "As From the increasing demand for low-to-no ABV draft options to the motivation behind rising consumer expectations, these trends have the power to impact the financial performance of the beverage program.
In the short term, it’s QSR that will experience labor improvement, then fast-casual. Virtual restaurants can cater to different consumers, expanding clientele. Restaurants will become increasingly casual. More restaurants will embrace kiosks thanks to the higher check averages they provide.
On Menu Ingredients We predict the rise of “bougie” ingredients like caviar, lobster and truffle popping up at restaurants at more affordable prices and in more casual settings like fastcasuals and QSRs.
This trend reflects the growing popularity of drive-thru and fast-casual dining, coupled with the demand for digital technologies such as QSR digital signage and QR codes. As the trend of digital nomadism continues to rise in the future, catering to this growing demographic becomes increasingly important.
Variable costs Variable costs depend on your restaurant’s level of activity, including food and beverage costs, labor costs, and supplies. Avoid overordering and focus on essential items since you still need to determine which dishes and beverages are popular. Your inventory is one aspect to keep track of to avoid overordering.
Who among us hasn’t ordered food through a convenient mobile application, with menu choices ranging from not just quick-serve or fast-casual restaurants, but convenience stores as well? The company is catering to changing customer needs and preferences and positioning itself as socially responsible and sustainable.
Spirit-based, ready-to-drink beverages will continue show vast white space, and bourbon should continue to thrive. But brands with smart upsell strategies are also realizing larger checks and higher margins." " – John Oakes, Revenue Management Solutions CEO. – Phil Quackenboss, VP of Restaurants & Growth at Fetch.
” Creating Multi-Brand Platform of Premium Casual Restaurant Concepts. News of the agreement comes one month after The Saxton Group announced plans to diversify its brand portfolio with Jaggers, a fast-casual concept created by the Texas Roadhouse Corporation. BurgerFi International Inc. Sankranti Likes Atlanta.
Pace of recovery for fastcasual brands has slowed down considerably, although results continue to be much better than for full-service restaurants. Over the months, Grubhub has observed diners turn to comfort foods, order alcoholic beverages, and D.I.Y. spicy chicken sandwich: 353 percent more popular. pinot grigio. chardonnay.
The brand’s commitment to each guest service experience is the focal point of upcoming menu innovation, value-based choices, and a portfolio of new organic food and beverage educational content. IHOP® unveiled the latest plans to launch a pilot of its new fast-casual concept, flip’d by IHOP (flip’d).
The partnership aligns Clean Juice’s core values of healthy, clean living with a focus on raising the nutritional and educational value of organic food and beverage choices available to consumers across the nation. Founded in 2006, Just Salad is the fast-casual restaurant industry’s leading proponent of zero-waste practices.
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.
The survey was conducted in January 2024 among 522 US-based Food and Beverage professionals, including owners and managers from single-site establishments and small multi-site chains with fewer than 20 restaurants. Fast-CasualFast Growth Rising prices in recent years have evidently been good for someone: Fast-casual restaurants.
News Tech Check technology delivery Joe Guszkowski is a senior editor with Restaurant Business covering technology and casual-dining chains. Premium Financing Starbucks, and a lot of other brands, leaned too far into takeout The Bottom Line: Some brands went too far in their bid to cater to takeout customers.
Concepts that captured strong market share like fastcasual chains will continue to outpace growth in full service locations. Concepts that captured strong market share like fastcasual chains will continue to outpace growth in full service locations. The other reason for smaller menus is related to staffing issues.
Their enthusiasm for our brand coupled with their deep experience developing successful polished casual and fast-casual restaurant brands in Alberta make them the perfect partners to bring CPK into Canada for the first time. Blaze Fast-Fire’d Pizza is heating up the Midwest with a 16-unit development deal.
The fast food industry saw the largest reduction in spending year over year (five percentage points). The Bureau of Labor Statistics reported that fast-food prices jumped 6.2 There has been an extensive growth inside the popularity of plant based meat, with several fast food chains globally leaping on the trend. percent in 2023.
There's a growing recognition that mobile apps alone cannot cater to all aspects of loyalty, paving the way for alternative solutions like kiosks and more integrated loyalty program structures. 2024 will be a year of value and beverage innovation. These alternatives will not only cater to new consumers but also clean eating habits.
FastCasual Restaurants. Fastcasual restaurants, also known as fast food or quick service restaurants, involve ordering at a counter or doing some level of self-service. Although factors like franchise affiliation may affect profit margins, fastcasual restaurants typically have an average profit margin of 6-9%.
Fast-food chains, grappling with economic pressures, embraced self-service kiosks, while the rise of secure mobile payment platforms responded to the imperative of enhancing transaction security. By 2023, what began as a convenience has evolved into a necessity, shaping the way businesses operate.
Everyone can sell food and beverages, the differentiation is in the details. Ace, Trails End Catering. Fine dining, fastcasual, etc.) Frenchy, Westwood Catering. You have to be able to do more with less everything—make sure you can. Katy, Cartago. Focus on your service concept! Create an experience.
Augustine, Florida, a new self-serve store in Bayonne, New Jersey, focused on catering with a late-night walk-up window, and a counter-service store in Navarre, Florida, that will appeal strongly to tourists. "This The company has 12 new U.S. locations opened in the past year and six additional locations set to open in the coming months.
" At least 4 in 10 operators in each of the three limited-service segments — quickservice, fastcasual, and coffee and snack — believe the addition of drive-thru lanes will become more common in 2023. Convenience store visits for prepared beverages and foods were up two percent last year versus the year before.
This investment comes at a pivotal time, as the Indian fastcasual has more than 50 franchise and corporate locations in varying stages of development across the United States, including two franchised locations that recently opened in Atlanta and Orange County, California. Curry Up Now Secures Investment.
The drive-thru feature is a first for the fastcasual brand, which has previously focused on eat-in cafés and kiosks. We are confident it will become the go-to place to dine, carry out, or for any catering needs.” “Fazoli’s is at the forefront of the fast-casual Italian category,” Milliken said.
Contactless delivery and drop off for catering. “We are working closely with partners to ensure our customers have the technology they need to navigate current conditions and future operating scenarios,” said Chris Adams, vice president of strategy, Oracle Food and Beverage. Offering easy-to-assemble, take-home meals.
The majority of fast-casual and fine dining operators are meeting this challenge head-on by adding new offerings monthly,* driving increased competition with bar-and-grill operators. This strategy builds on the tremendous success the company had this past year focusing on the food and beverage industry.
2) Casual Dining. Casual dining types of restaurants usually share the following characteristics: Customers are served at their table. As a general rule, casual dining restaurants fall between fine dining and fastcasual on the “fancy” spectrum. 3) FastCasual. 3) FastCasual.
Casual dining – 32%. Fastcasual – 25%. So, whether you are a specialty kiosk, fast-casual, or fine dining, there is additional money to be made by catering to tourists. The percentage breakdown of sales from travelers in a typical year pre-COVID-19 was as follows: Family dining – 31%. Fine dining – 41%.
.” Pieology Founder and Chairman Carl Chang said, “We’re thrilled to see that what started as a family idea in Fullerton, California, to bring great food and community together, will now become a global destination for great fastcasual pizza.” GARBANZO has partnered with Tractor Beverage Co.
Expanding in new and existing markets, Schlotzsky’s Austin Eatery is placing an emphasis on increasing accessibility through third-party delivery, catering, take-out, and drive-thru efficiencies. MOD Super Fast Pizza Holdings, LLC expanded its development agreement with Best Pizza, LLC, their exclusive franchisee in Colorado.
In addition, the cheaper price tag that most fast food outlets offer may be appealing to consumers tightening their budgets amid the pandemic. People who purchase hot dogs also had specific beverage preferences across alcoholic and non-alcoholic drinks. consumers—falling 2.5 percent to an ACSI score of 79. Fraud Rates Up.
Visitors will be able to see, hear and learn about coffee’s extraordinary journey through intentional and unparalleled design, while enjoying a menu featuring exclusive coffee beverages exclusive to this location. Unique Food and Beverage Experiences. Coffee Bars. ” Toast Capital Launches.
We organize all of the trending information in your field so you don't have to. Join 49,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content