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From full service to fast-casual to legacy fast-food brands, the one constant was disruption. The “chicken wars” had captured most headlines in the months leading up to the COVID pandemic, and a crowded field of fast food and fast-casual concepts have made attempts to get into the game.
After successfully opening a second location in Kernersville, NC, and planning for a third one, the fast-casual gourmet slider brand has started franchising and plans to grow strategically in the Southeast region. What are some key trends you expect to affect the franchise landscape this year and in years ahead?
The owner of Delicious Raw, a healthy fastcasual concept launched in 2013, is looking to grow the brand and create a one-stop-shop for healthy consumables for a broad audience. Are you franchising? We are not franchising and it’s not in our plans at this point in time. Where do you see the brand growing?
I share the same feelings about non-restaurant franchises moving aggressively into the restaurant space. According to a study conducted by Technavio , the fastcasual restaurant industry will witness a compound annual growth rate of over 12 percent from now until 2026. Which brings us back to the restaurant industry.
MRM Franchise Feed features news about the restaurant franchise (MUFSO) landscape. Founded in 2006, Just Salad is the fast-casual restaurant industry’s leading proponent of zero-waste practices. KFC Foundation Launches MyChange. ” Curry Up Now Adds Incentives LTO. and the sky’s the limit.”
If you’re involved in any aspect of the FastCasual category, you don’t need me to tell you that labor and distribution issues are real. Here are two ways franchise brands are helping address today’s labor and distribution challenges. Labor – Retaining Quality Staff.
So much data is generated at every point within a restaurant, whether fastcasual or fine dining. For restaurants, sourcing from these local markets offers a way to support regional producers while differentiating their menus with unique, high-quality ingredients. Data, Data, Data.
MRM's Franchise Feed features news on the restaurant franchise and MUFSO landscape. Ike’s Love & Sandwiches is ranked #12 on FastCasual’s Movers and Shakers 2021 list. The group plans to grow both Ike’s and Bangin’ Buns through franchising starting in 2023. Wing Zone Refresh.
Single restaurant proprietors and large franchise chains alike utilize SALIDO’s enterprise-level solution to revamp traditional and outdated operational systems. Food trucks, pop-up supper clubs, fast-casual restaurants, and brewpubs are all a part of the unique culinary fabric of this country.
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. The new formats come on the heels of a major multi-unit franchise development strategy announced last month that is set to grow the brand to 2,000 units. QDOBA's New Concept.
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Curry Up Now will be the first restaurant is L2V’s portfolio and the investment will support the rapid growth and expansion of both corporate and franchised locations. "We
Despite COVID-19 and the dramatic impact on the QSR/FastCasual restaurant space, Clean Juice experienced something slightly different and more in line with what was happening in the organic food industry as a whole – a surge in interest and growth. Note to yourself; it will be challenging at first.
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. ” Taco John’s Launches Aggressive Franchising Initiative. All of the elements are in place for aggressive franchise growth.”
As the demand for robotics increases, solutions like franchising and bringing robots closer to home will augment market growth and penetration. As the demand for robotics increases, solutions like franchising and bringing robots closer to home will augment market growth and penetration. How was the food sourced or produced?
Meanwhile, sales at cafes, fast-food restaurants, coffee shops, and casual-dining establishments fell by 27 percent. Suppliers have trouble finding enough personnel, and fast food restaurants’ “chicken sandwich wars” have pushed demand even higher. Multiple Sourcing and Backup. Conclusion.
Guests will expect to know every aspect of sourcing and meal preparation, which will disrupt traditional back-of-house systems with technology that connects the farm to the food. Technology-enabled franchises are better positioned to continually evolve to meet guests’ changing expectations. Suzannah Gerber of Haven Foods.
Pace of recovery for fastcasual brands has slowed down considerably, although results continue to be much better than for full-service restaurants. The fast food industry ranked sixth out of the 15 industries studied in MBLM’s Brand Intimacy 2020 Study , which is the largest study of brands based on emotions.
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. From emphasizing locally sourced ingredients to exploring global flavors, restaurants are tuning in to their city's vibrant gastronomic evolutions.
percent in the first week of January across fastcasual and quick service restaurants in the UK as compared to the first week of December. How can restaurants be responsive to their guests and capitalize on this growing lifestyle trend? Data supplied by Tenzo, found that vegetarian and vegan meals have seen a sales increase of 2.1
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. Additionally, these software platforms have been critical in helping companies strategically source raw materials effectively. Concepts that captured strong market share like fastcasual chains will continue to outpace growth in full service locations.
“The restaurant scene was the natural next step for Meatless Farm following our fast-growth in grocery stores across the globe. Protein Bar & Kitchen now operates 19 fastcasual restaurants with 13 in Chicago, four in and around Denver and two in Washington D.C. Plant-Based More Mainstream.
And we’ve never wavered from our commitment to serving delicious, chef-inspired, hand-crafted food made with high quality, responsibly sourced ingredients.” We know our flavors have mass appeal and we expect to compete well with all fastcasual chains as we make our way into new cities.”
The secure, fast and easy SaaS application gathers, consolidates, standardizes and verifies financial data from all points in a franchised system. ” RMS called on expert consultants with ties to some of the largest franchise operations in the world to build metiRi. . RMS Launches metiRi. ” STK in Puerto Rico.
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 Dubai-based brand is eyeing expansion in the Indian, UK, and Canada markets through franchise partnerships with local companies. In fact, they are already operating franchises successfully across the middle-east. For fast-growing restaurant brands, tracking operations across multiple outlets poses a complicated challenge.
Full service restaurant concepts fall into two broad categories: casual dining and fine dining. Casual and fine dining restaurants offer different menus and experiences to guests and require different expertise and operational knowledge for success. 10 Differences Between Casual and Fine Dining 1.
Fast Food Restaurants. They are traditionally what consumers call fast food. Fast food is prepared and served quickly and inexpensively. If you’re hungry, in a hurry, and have only five dollars in your pocket, you might stop at a fast-food restaurant for a burger and a soda. FastCasual Restaurants.
The FastCasual Nation podcast offers exclusive interviews with experts ranging from top chefs and brand makers to executives and restaurateurs who work in one of the fastest-growing segments of the restaurant industry. Aloha Poke began franchising in 2019. The chain started in 2016, and has expanded to twenty 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.,
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.
You may not have noticed, but some brilliant restaurant chains and franchises are shaking up the dining culture of the Nordic countries, both with new concepts and by revamping old ones. These restaurants are scaling fast, and quite often venture far beyond their country of origin. FastCasual Restaurant. Oli Oli Poke.
Even the state of the broader economy has an impact on the decision, with Franchise businesses tending to do better than independently owned businesses when the economy is doing poorly. Do you buy a Franchise or an Independent Business? A Fast-Casual? Do you start a Restaurant from scratch, or buy an existing Restaurant?
On the other hand, fast food restaurants are on the rise , with 0.8% Toast , 2023) 58% of operators said that rising inventory costs was their number one source of financial strain in 2023. Gitnux , 2024) 35% and 34% of baby boomers and Gen Xers respectively are interested in locally sourced food. Let’s dig in. billion by 2030.
Menu pricing and restaurant markups are the engines behind the success of restaurants, as sales are the sole source of revenue for most restaurants. 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.
In this edition of MRM News Bites, we feature sobering statistics from Yelp, a ghost kitchen franchise model, franchise explosions expected and falling for for an improved PSL. Ghost Kitchen Franchise Model. After signing a franchise agreement, owners are operational on the platform within 10 days. Yelp Sees COVID Effect.
Irfan Kuci is the Director of Business Development at Focus Hospitality Consulting (FHC), a growing consulting firm based in Dubai with expertise in Back of House (BOH) design, MEP design, interior design, F&B concept creation, project management, franchising as well as hotel/restaurant operational assessments.
Looking at data sources that include foot traffic data and credit card translation data, the paper analyzes restaurant demand in every county in the U.S. Additionally, the results indicate that the negative effect of COVID-19 was smaller for fast-food restaurants compared to full-service establishments. percent demand decline.
Across the board, from independent owners to multi-unit franchise operators, restaurants are losing money every month, and they continue to struggle to serve their communities and support their employees.” They used Google Trends, a reliable source of big data, to analyze the search interest level for veganism across the world.
Fast-food restaurants also took a hit, down 1.5 Ethical Sourcing : Food labels go beyond nutritional information. Increasingly, they provide details on other practices like fair trade, animal welfare and local sourcing. For example: New tastes and ingredients, used in unique combinations, with greater focus on the flavor source.
Whether it’s helping them adjust to evolving guidelines or uncovering additional sources of profit, we’re committed to staying right beside our operators through it all, helping them Make It." ” Here’s how Drive Kindness works: Drive Kindness’ franchise owners will charge restaurants a flat rate.
We also see this gaining traction with consumers similar to how calorie labeling became a major source of information for our personal health. According to research from Technomic , 40 percent of Americans took advantage of takeout and curbside delivery (at both fastcasual and dine-in) during the pandemic. Lavu CEO Saleem S.
On Wednesday, December 11, employees at the family-friendly casual dining chain will pool 100 percent of the tips they earn and purchase toys locally to donate to the U.S. The Greene Turtle Sports Bar and Grille® announces the launch of its 14th annual “Tips for Tots” initiative. Marine Corps Reserve’s annual toy drive.
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. GJ Hart, CEO of Torchy’s Tacos.
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