Only 30 %
of restaurant operators reported same - store sales increases in the last year, and just one in three expect sales to grow in the next six months.
Biggest technology trend for the restaurant industry in the next 12 months predicted
by restaurant operators is mobile payments.
More properties are coming to market
as restaurant operators continue to seek capital to fuel expansion and acquisitions.
Now in its ninth edition, the Fast Casual State of the Industry Report brings you insights and actionable intelligence from our survey of fast
casual restaurant operators.
Almost two - thirds of
restaurant operators said they would possibly increase the price of their menu items due to rent increases.
Yet the plans, which are already being rolled out, will take years to be fully implemented — too long for
most restaurant operators.
Four in five
restaurant operators agree that restaurant technology helps increase sales, make their restaurant more productive, and gives their restaurant a competitive edge.
The event provided a unique opportunity for
corporate restaurant operators and foodservice distributors to openly discuss challenges, solutions and ways to improve partnerships at all levels of the supply chain.
29 % of
restaurant operators plan to adopt the no - tip trend facing the restaurant industry while 18 % report that they have already adopted.
The organization noted that just 17 percent of
restaurant operators says they expect economic conditions to improve in six months, and about one third says they expected conditions to worsen.
Starbucks Coffee Company has entered into an agreement with SouthRock — a multi-brand
restaurant operator in Brazil — to fully license Starbucks retail operations in the country.
The deal
with restaurant operator Groupe Olivier Bertrand is just the latest push by Burger King to rake in more revenue by striking deals with franchise operators overseas.
About Craftworks Restaurants & Breweries, Inc CraftWorks Restaurants & Breweries, Inc., is a
multi-brand restaurant operator headquartered in dual offices between Chattanooga, Tennessee and Broomfield, Colorado USA.
In the 1st Quarter Edition, we share the results of a comprehensive survey on
independent restaurant operator practices, attitudes, and trends as they relate to distribution sources.
Most recently, Moore Square has attracted strong
restaurant operators who are positioning the district as a dining destination.
As Fortune stated in an article earlier this month, while the chain was once the envy of
restaurant operators across the country, «the outbreak of foodborne illnesses that broke out coast to coast for five months in 2015 has permanently impaired the profitability of its business model.»
The Miami - based chain plans to announce a partnership with
restaurant operator Groupe Olivier Bertrand to build on its three French locations.
CraftWorks Restaurants & Breweries, Inc. is the largest craft
brewery restaurant operator in the country with nearly 200 franchised and company - owned restaurants primarily operating under the Old Chicago Pizza & Taproom, Gordon Biersch Brewery Restaurants and Rock Bottom Restaurants & Breweries brands.
Diversified Restaurant Holdings, Inc. («DRH») is a
leading restaurant operator and the largest franchisee of Buffalo Wild Wings ® («BWW»).
Our mission is to
help restaurant operators grow sales and increase profits by educating them to become experts at feeding their customers where they Live, Work and Play!
Restaurant Loyalty Programs -
More restaurant operators are likely to develop loyalty programs in the new year to entice customers to visit their restaurants.
Operational issues such as rising wholesale food prices and a drawn - out economic recovery put cost pressures
on restaurant operators.
Ottawa's move to phase out trusts depressed
many restaurant operators» shares, as investors assumed no other structure would be as lucrative and the roughly half - a-million cost of conversion to a corporation would cut into profits.
McDonald's is
bringing restaurant operators to its Chicago warehouse space to show off a «hub and spoke» kitchen layout developed in French restaurants after the installation of self - service ordering kiosks.
Sleep Country used to be an income trust before it was acquired by a private equity firm, while Cara's controlling shareholders took the chronically
underperforming restaurant operator private in 2004 to clean it up.
Shares in the
Canadian restaurant operator rose as much as 31 per cent to $ 3.62 apiece in early afternoon trading on Thursday after it announced that it has signed an agreement with marijuana clinic operator National Access Cannabis to develop and operate a network of recreational pot stores.
Since March 25, when the article ran, burger chain Red Robin (rrgb), Mexican - and Caribbean -
themed restaurant operator Fiesta (frgi), and java giant Starbucks are all down between 4 % and 6 %.
Fast - food
restaurant operator Yum Brands Inc. said Wednesday it had net income of $ 433 million, or $ 1.27 a share, in the first quarter, up from $ 280 million, or 77 cents a share, in the year - earlier period.
«The majority of
restaurant operators using the program operate in complete compliance and it is unfortunate that their businesses and employees will be hurt by this broad - stroke approach,» the organization said in a statement.
The National Restaurant Association today announces the recipients of the 2018 Kitchen Innovations (KI) Awards, honoring progressive equipment that increases efficiencies and productivity for back - of - the - house operations and
benefits restaurant operators.