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Top Three Reasons Why Multi-Unit Operators Should be Looking at Fast Casual Brands to Expand their Portfolio in the Restaurant Industry

Modern Restaurant Management

Which brings us back to the restaurant industry. According to a study conducted by Technavio , the fast casual restaurant industry will witness a compound annual growth rate of over 12 percent from now until 2026. I believe that fast casual continues to be a great place for savvy multi-unit restaurant franchisees to diversify.

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3 Eater Editors on Their Predictions for the Future of Restaurants

EATER

Osteria La Buca, in Los Angeles, is among the many restaurants that pivoted to selling groceries in addition to or instead of takeout during the COVID-19 pandemic. Rich Fury/Getty Images. “A A lot of really creative people. A lot of really creative people. Even the most powerful and/or beloved restaurants may close. Things are going to close.

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New & Notable: TEAM Schostak Celebrates 40, AI in Food Service and Beachy Tech

Modern Restaurant Management

In 1991 she was promoted to Accounting Manager and in 2009 to Director of Accounting. New & Notable spotlights the latest news restaurateurs need to know. TEAM Schostak Family Celebrates Anniversary and Employees. “This milestone is significant and we could not be prouder for the contributions our team has made to our success. .”

Food 173
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MRM Research Roundup: Catering, Kiosks, Tipping and Dry January

Modern Restaurant Management

State of Digital Qu announced the results of its fifth annual survey of quick service (QSR) and fast casual (FC) restaurant brands. 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. Total tips averaged 18.9

Catering 101
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MRM People & Places: Azteca Foods Celebrates 50 Years and State Dish Showdown

Modern Restaurant Management

“At the beginning, we just wanted to make the freshest, most authentic Mexican foods possible, while giving back to the community. Pillsbury invested heavily into the brand, but Art and his wife Joanne ultimately purchased the company back from Pillsbury in 1989, bringing it home to Chicago once again. Art Velazquez.

Food 131
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MRM Franchise Feed: Currying Up Favor and Committed Taco

Modern Restaurant Management

This investment comes at a pivotal time, as the Indian fast casual 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. " Benihana Plans Franchise Expansion. Select U.S.

Franchise 137
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How Restaurant CEO Priorities are Evolving in 2020

Aaron Allen & Associates

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%.

2020 98