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Key figures on the restaurant workforce include: Roughly 50 percent of restaurant operators in the fullservice, quickservice, and fast-casual segments expect recruiting and retaining employees to be their top challenge in 2022.
” A few 2024 economic facts substantiate the cost-and-effort effectiveness of brand loyalty strategies: It costs 16 times more to recruit a new customer than keep an existing one. The fast food industry saw the largest reduction in spending year over year (five percentage points). Billion by 2030, growing at a CAGR of 11.54
In the short term, it’s QSR that will experience labor improvement, then fast-casual. Restaurants will become increasingly casual. Today, casual restaurants like Applebee’s or Chili’s are struggling because younger consumers want fastcasual dining such as Panera Bread.
" At least 4 in 10 operators in each of the three limited-service segments — quickservice, fastcasual, and coffee and snack — believe the addition of drive-thru lanes will become more common in 2023. million by 2030. For others, outdoor dining and alcohol-to-go are becoming table stakes.
42 of the country’s favorite fast food and restaurant chains still don’t offer a plant-based entrée, according to a report released today by The Good Food Institute (GFI). The pledge aims to reduce signatories’ greenhouse gas emissions from food purchasing by 25 percent by 2030. Good Food Restaurant Scorecard.
billion by 2030. billion by 2030. billion by 2030. billion by 2030. On the other hand, fast food restaurants are on the rise , with 0.8% Square , 2024) After recruiting and retaining staff, increasing sales volume is the second most expected challenge in 2024 (23.75% of respondents). decline from 2022.
In Abu Dhabi, for instance, a $100 million investment fund was launched (the Abu Dhabi Culinary Investment Fund) to finance a culinary school that would facilitate recruitment and training as well as incentivize top chefs and other institutions to set foot in the Emirate. Other times, there are just overlooked gaps in the market.
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