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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?
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.
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proprietors and large franchise chains alike utilize SALIDO’s enterprise-level solution to revamp traditional and outdated operational systems.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. Randy’s Donuts began franchising domestically in the summer of 2019. Randy's Donuts Plans Aggressive Expansion. In total, 165 stores are set to open.
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 also limits their disposal waste by using real plates, silverware and cloth napkins in-house and packaging all to-go orders in recyclable and compostable containers.
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Moe's Franchise Transfer Complete. The revenue-based incentives come from a combination of reduced royalties and initial franchise fees. Nathan's Teams with Kitopi.
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.
Recognizing this shift, Freshii , a fast-casualfranchise with hundreds of locations globally, created a corporate partnership that enables companies to offer meal kits and market baskets at a discount to their employees.
Winnow Raises $20M to Fight Food Waste. The company, with US offices located in Iowa City, has recently made headlines in the country, having been selected as a food waste innovator and recipient of the Zero Hunger | Zero Waste Kroger Foundation Grant. 63 million tons of food is wasted every year. ” Marc Zornes.
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.
Meanwhile, sales at cafes, fast-food restaurants, coffee shops, and casual-dining establishments fell by 27 percent. This has resulted in under-ordering (and dissatisfied customers) or over-ordering (and increased waste). What about issues concerning reducing food waste? Conclusion.
This edition of MRM News Bites features McDonalds, the Food Waste Reduction Alliance, OpenTable, Ordermark, Hudson Group, Hakkasan Group , Waitr and Checkers, ICV Partners, Restaurant Technologies, Diebold Nixdorf and Alto-Shaam. " Reducing Food Waste. Changes at the Top for McDonald's.
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. While you can not always control the commodity pricing, you can control how you manage it by reducing waste, optimizing efficiencies and leveraging margins.
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.
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.
Another important lesson that I learned, and I believe the industry learned, is that it pays to be a part of a family, such as the Greek from Greece Café Cuisine franchise family. Ross Franklin, CEO and Founder of Pure Green Franchise. The restaurant industry certainly took a massive hit while navigating COVID-19 this year.
This is certainly true for the independent entrepreneur, but even large and resourceful restaurant franchises and groups are not immune to the threat—and in some cases, the reality—of rising labor costs. Fastcasual: 28.9%. Casual: 33.2%. Upscale casual: 30.4%. Upscale casual: 30.4%. Pizza: 31.3%.
With current supply chain issues and these brands already operating under thin margins, we expect operators to be strategic when it comes to menu sizes, limited offerings and daypart offerings to limit waste, cut costs, and maximize profitability. Brooklyn Dumpling House just opened and they're already franchising the idea.
It’s no great surprise to say QSR and fastcasual restaurants can be considered among the most energy-intensive commercial building types making it increasingly challenging for operators to balance the goals of efficiency, profitability and sustainability.
Management companies provide restaurants with a franchise like operating system without having a franchise agreement. He works with liquor distributors to cut waste and capitalize on deals/specials that work for your concept without inflating your liquor cost with excess inventory.
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.
The transaction marks the addition of the first fast-casual concept to Yum! “The Habit Burger Grill is a sweet spot within fast-casual because of its delicious California-inspired menu with premium ingredients at a QSR-like value, strong unit economics and tremendous untapped growth potential in the U.S.
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. In fact, 54 percent of diners consider new menu items important to their decision when selecting a restaurant, according to a recent US Foods survey.*
Keep in mind that there are other variables to take into account besides just the price of the system itself: additional expenses, such as ongoing support and training costs, and ways the new system will save you money, such as reductions in waste, labor costs, or shrinkage. POS for Restaurant Franchise Management. Fast-Casual POS.
“Fast food options usually fall into two buckets: fast, healthy, and unaffordable, or fast, unhealthy, and affordable and nothing in between. Minimal Waste – Ono’s food truck is designed to be environmentally sustainable. Ono Blend Founders Daniel Fukuba and Stephen Klein. 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. Don’t Waste Money on Ads Outside of Your Target Zone.
Its cloud-based design ensures smooth data sharing across locations, making it ideal for restaurant chains or franchises. Automatic inventory tracking also helps cut down on waste and keeps stock levels optimized. sbb-itb-b95d74b 4. Current vs. Future Needs : Opt for a system that can grow alongside your business.
Foodservice has significant growth potential and is relatively “recession-proof” (after all, people will always eat), though increased saturation and ensuing consumer trends have resulted in plenty of companies — particularly casual dining operators — struggling. When Arex disclosed an 8.5% stake, Fiesta shares rose by 4%.
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.
It is estimated that the US food service sector wasted 13 million tons of food in 2022, up from 9.15 On the other hand, fast food restaurants are on the rise , with 0.8% A Glimpse Into The Future Restaurant Food Waste Statistics Apart from environmental concerns, food waste puts enormous pressure on restaurant margins.
Enhanced Restaurant Efficiency and Profitability Via Strategic Kitchen Reconfigurations: Ignite Your Restaurant’s Future In the fast-paced restaurant industry, staying ahead of the competition requires constant innovation and adaptation. Success Stories Consider the case of a major fast-casual chain we recently assisted.
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. Help them reduce waste, ensure portion consistency, and up-sell profitable items by training them thoroughly and sharing your pricing strategy. .
Fast Food / Casual Restaurants: 6 to 9% . Benefits of Franchise Operation and Restaurant Chains in the Hospitality Industry . If you plan to run multiple franchise chains or are a hospitality provider with multiple locations, you benefit from this same profit per restaurant. Reduce Food Waste .
It tells you how efficient or wasteful your operations are, helping you reduce waste and lower your food costs. QSR : Quick-service restaurants (QSRs), or fast-food restaurants, typically see profit margins between 6% and 11%. Net profit margin Net profit is the difference between all operating expenses and total sales.
According to FastCasual research , 8 out of 10 US customers use voice search to locate restaurants. Additionally, since the customer is in charge of placing the order, accuracy goes up, and waste goes down. . Or you could set up self-checkout kiosks and fast-food joints. . Reduced Third-Party Costs.
Shaving a percentage point off food costs here… eking out a few extra pennies by tightening up inventory procedures… stomping out waste. Fast, simple, and you are sure that your prices are right, but you are missing opportunities. For a fast-casual chain, you can’t go wrong with a promotion-heavy menu design. #2
Its cloud-based design ensures smooth data sharing across locations, making it ideal for restaurant chains or franchises. Automatic inventory tracking also helps cut down on waste and keeps stock levels optimized. sbb-itb-b95d74b 4. Current vs. Future Needs : Opt for a system that can grow alongside your business.
This is a game changer in quick-serve and fastcasual restaurants." It syncs with existing restaurant POS systems to make onboarding fast and convenient. . "We have designed our new restaurants around this technology because it allows us to provide better service to our customers with less effort and cost.
Fast-food restaurants also took a hit, down 1.5 Aramark is committed to reducing waste before it’s generated. At fast-food restaurants, 70 percent of the meals Americans consumed were of poor dietary quality in 2015-16, down from 75 percent in 2003-04. . Fast-food meals represented 12 percent of total calories consumed.
Operators will need to be creative in finding ways to counter the increased restaurant costs and the waste being produced. 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.
Bill formally served on the Great Lakes Franchise Association Board, Del Taco’s Franchise Marketing Advisory Council and the Finance Excellence Advisory Council for Burger King. In 2009, Greg moved to the Del Taco brand, where we were chosen as Franchise Operator of the Year in both 2009 and 2010.
They touched on topics such as delivery, ghost (dark) kitchens, automation, plant-based menu items, food waste, sustainability, staffing and retention and more. Minimizing food waste will continue to be a focus in 2020. Sustainability extends into the kitchen with food waste. Andrew Shearer, Cofounder and CEO at Farmshelf.
1: Chipotle With more than 3,000 restaurants, this fast-casual chain is nearly a household name. They also need less ingredients, so they have less waste. Chipotle is corporate owned instead of franchised, so they can maintain tight control over every aspect of their restaurants. Now let’s look at some success stories. #1:
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