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The restaurant industry has dominated both the financial and front pages of late as Roark completed its acquisition of Subway and Red Lobster filed for bankruptcy. "This Locations will remain open and operating as usual during the Chapter 11 process. How does Subway fit in with Roark’s other restaurant holdings?
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.
Modern RestaurantManagement (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurantfranchise and MUFSO environment. Randy’s Donuts began franchising domestically in the summer of 2019. Randy's Donuts Plans Aggressive Expansion.
Modern RestaurantManagement (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurantfranchise and MUFSO environment. The virtual kitchen model allows restaurants to maximize delivery coverage without the upfront investment that a traditional brick-and-mortar location requires.
The Pandemic Has Permanently Altered the Consumer-Restaurant Relationships. The pandemic has permanently altered the consumer-restaurant relationship with operators investing in technology and real estate to align with changing consumer preferences, according to the 2021 RestaurantFranchise Pulse survey, conducted by TD Bank.
Modern RestaurantManagement (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurantfranchise and MUFSO environment. Flynn Restaurant Group LP acquired 937 Pizza Hut® and 194 Wendy’s® locations throughout the U.S. Flynn Acquires Hefty Portfolio.
MRM's Franchise Feed features news on the restaurantfranchise and MUFSO landscape. Along with the technology focus, the brand developed a new logo and restaurant design that will help communicate the brand’s mission and values in a more vibrant and energetic yet approachable way. Wing Zone Refresh.
Modern RestaurantManagement (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurantfranchise and MUFSO environment. " Benihana Plans Franchise Expansion. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Curry Up Now Secures Investment.
The Distilled Spirits Council of the United States (DISCUS) announced the formation of the Hospitality Recovery Coalition with the goal of supporting on-premise partners, including restaurants, bars and distilleries, facing harsh economic impacts due to the COVID-19 crisis. Hospitality Recovery Coalition. Unfortunately, many already have.
In this edition of MRM News Bites, we feature help for small business owners and products for the 'new normal' for restaurants as they reopen. “This new feature helped us keep our doors open and continue serving our customers during the recent downturn,” he said. On-Demand Delivery for Square Online Store.
“The addition of Zynstra’s virtualization technology to our software stack gives NCR even more solutions to help our customers run their store or restaurant end-to-end.” NCR Acquires Zynstra. NCR Corporation acquired U.K.-based based Zynstra, a provider of edge virtualization technology.
This edition of Modern RestaurantManagement (MRM) magazine's Research Roundup features some surveys surrounding Coronavirus and the restaurant industry, the best locations for chefs, online payment fraud and top trends for QSRs. COVID-19 Foot Traffic at QSRs. Some Placer.ai Chick-fil-A led the way with 11.9 percent and 2.9
If you’ve been keeping up with our blog posts you’ve probably read what we had to say about millennial food trends in “Our Most Anticipated 2020 Food Trends List.” While this is a gross generalization, it is important to note that Gen Z’s priorities as a whole will be setting the trends of the restaurant industry. Now we have Gen Z. …
And as Alicia McCabe, senior director of Food Packaging Category at Georgia-Pacific Professional, stated, “It’s important for consumers to have a good dining experience, even outside of the restaurant. On the other hand, restaurants with innovative, sustainable packaging can increase traffic among consumers.
" The Big Kahuna Burger theme will be part of the Interior where staff will be in costume and exterior of the restaurant with Big Kahuna Burger signage. " The Big Kahuna Burger theme will be part of the Interior where staff will be in costume and exterior of the restaurant with Big Kahuna Burger signage. 30 and Thursday, Oct.
Modern RestaurantManagement (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurantfranchise and MUFSO environment. Chicken Salad Chick has 137 locations throughout 16 states predominantly in the Southeast and is a leading fast-casual restaurant company.
Arabica futures contract hits over US $2 and robusta futures reach 11-year high. Mon, 17 Apr Colombian chain Juan Valdez to open flagship store in Madrid in May 2023. The company’s new location will open in the Torre Caleido skyscraper, with plans to open more outlets across Spain in the coming months.
The F&B industry grew in 2022… and it will keep growing in 2023. They could help guide your decisions in what is shaping up to be a very uncertain time for restaurant operators. OUR TOP 10 In 2022, 31% of restaurants cut the number of menu items on offer to deal with the inflation and rising food costs. Let’s dig in.
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. Yelp Sees COVID Effect. YEA reflects data from millions of local businesses and tens of millions of users on Yelp’s platform measuring U.S. “As U.S.
This edition of MRM Research Roundup features news that consumers plan to put restaurants at the top of their shopping lists, the latest stats for on premise and why the restaurant of the future is here now. Nearly half (48 percent) of respondents also said they are likely to buy gift cards from a local independent restaurant.
Modern RestaurantManagement (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurantfranchise and MUFSO environment. CPK Brings on Franchise Veteran. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Giorgio Minardi.
This edition of Modern RestaurantManagement (MRM) magazine's Research Roundup features an economic report from Yelp, super Super Bowl stats, delivery trends, megatrends, best cities for BBQ and top venues. Yelponomics. Yelp released its first-ever annual Yelp Economic Average? A weak fourth quarter, down 1.4 calculated?
This edition of Modern RestaurantManagement (MRM) magazine's Research Roundup features dining trends, hiring trends, tech trends, brunch trends, alcohol trends, and egg prices. Despite the fact that consumers are paying more to visit and order from restaurants this year – 12.5
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