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While they crave the value of QSR – 34 percent of families reporting higher spending at QSRs this month compared to 18 percent of childless households – they are inclined toward fastcasual and full-service restaurants as well.
Food trucks, pop-up supper clubs, fast-casual restaurants, and brewpubs are all a part of the unique culinary fabric of this country. Learn About Fast-Casual Dining. Fast-casual dining is dominating the restaurant industry, and its growth is expected to continue at a rapid pace in a post-pandemic economy.
These trends reflect a broader shift towards faster, more efficient, and integrated payment solutions that cater to growing consumer demands for convenience, security, and personalization. According to Statista , the global online food delivery market size was valued at $151.5
Restaurant industry challenges are pushing operators to be more creative and efficient with many opting for more multifunctional spaces – especially in a fast-casual setting. Another important factor is designing for restaurant seasonality, which can impact the success of restaurant significantly.
The research stems from in-person chef interviews and a nationwide survey of more than 400 restaurant owners and operators spanning 47 states with respondents ranging from fine dining establishments to fast-casual venues, breweries, and caterers. "This
Fast Food Flavor Report Fast food brands and restaurants are scratching their heads trying to figure out what flavors are a bonafide trend and which are just a fleeting fad. A New York polished casual hot spot’s drink “Always Greener” paired gin, Suze, and sorrel (an herbaceous plant) for a bright botanical kick.
When we asked about fast food: 29 percent said they eat fast food frequently. 46 percent said they occasionally dine at a fast-food restaurant. Only five percent said they never eat fast food. 29 percent said they rarely ate at casual restaurants. 29 percent said they rarely ate at casual restaurants.
Key demographic factors to consider: Age: Are you catering to college students, young professionals, families, or retirees? Lifestyle Choices: Do they prefer fast, casual meals or long, social dining experiences? Are they catering to families, young professionals, or tourists? Whats Their Menu Like?
For restaurants with liquor licenses, catering to millennials is key. Consider seasonal flavors, cold brew variations, and creative blends to cater to a broader range of preferences. Remain Price-conscious : Price matters in fast-food and fast-casual restaurants, ranking second among the factors customers consider.
The holiday season offers opportunities for catering orders, off-site catering, in-store limited-time offers of holiday favorites, and all of the increased revenue that comes with them. It's the most wonderful time of the year…and for many restaurant operators, one of the busiest.
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. Among the highlights: On or Off Prem Same-store catering transactions increased +71 percent in Q4 2023 compared to Q4 2022. emerges, top tech investment for 2024.
Among the findings: Casual experiential dining appeals on many fronts to consumers of varying ages in different parts of the country looking for affordable culinary experiences. Chef driven fastcasual restaurants feed consumers’ desires for high quality menu items delivered quickly and on the go.
One of the key functionalities within many QSR and fastcasual mobile apps these days is the ability to order ahead and select curbside pickup. In the past, brands had to cater to different customer types with little knowledge about their ordering preferences.
We’ve been crayon pros for over 30 years, ever since we started partnering with the fast-growing casual dining restaurant chains of the 90s. Read on to learn more about crayons—the unsung heroes of casual dining. How do crayons save the day? How do crayons save the day? Crayons Make Kids-and Parents-Happy.
Many organizations offer on-site catering and cafeteria amenities as a convenience to employees, but with work from home requirements employees are forging for themselves. With millions of people working remotely, lunchtime, once a time of socialization, has been reduced to redundant trips to the refrigerator.
In the short term, it’s QSR that will experience labor improvement, then fast-casual. Virtual restaurants can cater to different consumers, expanding clientele. Restaurants will become increasingly casual. More restaurants will embrace kiosks thanks to the higher check averages they provide.
Nowadays, vegan food is becoming normal in restaurants and fast food joints. Plant-based eating was previously limited to some selected restaurants and casual cafes. Through this approach, they are also able to cater to their customer’s taste while reducing the risk of using too much processed food.
Whether you’re a fastcasual, family style, fine dining, or fast food restaurant, you’re going to appeal to a distinct, identifiable customer base. Cater your communications materials to the audience you think would be most receptive. Restaurant Type. Existing Customers.
On Menu Ingredients We predict the rise of “bougie” ingredients like caviar, lobster and truffle popping up at restaurants at more affordable prices and in more casual settings like fastcasuals and QSRs.
Owners and managers should follow the latest tech trends in the industry and train their staff to use new software in order to keep catering to customers although they might be off-premises. Restaurants will have to continue providing exceptional service in terms of technology, too.
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. As the trend of digital nomadism continues to rise in the future, catering to this growing demographic becomes increasingly important.
Since most major QSR and fastcasual concepts have already made significant investments in boosting their digital and off-premises offerings, many brands have the infrastructure in place to succeed but are looking for ways to keep up with the increase in demand.
Adopting local procurement underscores freshness, while expanded menu selections cater to diverse dietary preferences. Fine-tuned scheduling, proactive management, and continuous training harmonize staff efforts with the fast-paced QSR landscape, ensuring teams align with business goals and evolving demands.
Fast-casual visits overall were down 3.8 Strong consumer interest in prepared foods, commissary and beverage options has led convenience stores, often referred to as c-stores, to compete much more aggressively with quick service restaurants and fast-food chains. In December, QSR restaurants overall saw visits decline 2.9
They want a flexible, fast, customized, and “frictionless” dining experience — one without the “drag” of unnecessary steps or interactions. Want a lightning-fast grab-and-go experience? Well, that puts fast-casual out of the running. Too bad for you, that precludes casual-plus.
Who among us hasn’t ordered food through a convenient mobile application, with menu choices ranging from not just quick-serve or fast-casual restaurants, but convenience stores as well? The company is catering to changing customer needs and preferences and positioning itself as socially responsible and sustainable.
Bar and restaurant managers will aggressively target this revenue stream with dedicated group sales and catering managers, online ordering, and seasonal offerings such as holiday dinners, beer and wine tastings, and team building programming. – Lori Bolin, President of BrewLogix. Operators have spent years adapting to the labor crisis.
Quick-service restaurants Quick-service restaurants (QSR) , also known as fast-food restaurants, offer quick, convenient dining options. Competition is fierce in the fast-food industry, with major chains dominating the market, such as McDonald’s, Burger King, and Taco Bell. They have limited items that are easy to prepare.
For example, customers at a steakhouse may be willing to spend more for a fancier cut of meat, versus a fast-casual restaurant customer who may prioritize paying for convenience. Spending Habits: Purchases at restaurants, typically discretionary and impulsive, vary based on the type of establishment.
Casual Dining Preferences Market Force Information unveiled a survey on casual dining preferences across the United States highlighting shifting trends influenced by economic factors and evolving consumer tastes. More broadly, catering is a strong revenue driver for restaurants.
percent in the first week of January across fastcasual and quick service restaurants in the UK as compared to the first week of December. ” At Daily Jam, Taylor looked into adding in vegan items that already fit the style of the menu and said substitutions were a great way for a restaurant to cater to guest desires.
Just being more catered to individual needs helps a lot." "The As CNBC reported earlier this year , the hospitality sector is seeing wage growth, particularly in the fast food and fastcasual segments. Finding the right employees and being able to keep them due to the pay structure is rough.
Pace of recovery for fastcasual brands has slowed down considerably, although results continue to be much better than for full-service restaurants. Menus will need to remain relevant so that all age groups are catered for to encourage repeat visits." The fast food industry is also giving back during the pandemic.
Founded in 2006, Just Salad is the fast-casual restaurant industry’s leading proponent of zero-waste practices. Catering has become a major aspect of our business, which we believe has significant upside. Freddy's Adds to Team.
The industry is evolving fast, and simply relying on word-of-mouth or foot traffic isnt going to cut it. A casual brunch spot in a college town will attract a different crowd than a high-end steakhouse in a business district. If you cater to young, social-media-savvy diners, your messaging might be playful and trendy.
Explore Higher-Margin Offerings : Related, next year, restaurants can look to new ways to offset pressures on margins by leaning more into higher-margin offerings like catering and delivery direct through owned channels vs. third party delivery. – Matt Rinehart, HRI Hospitality’s Vice President of F&B.
Fast-CasualFast Growth Rising prices in recent years have evidently been good for someone: Fast-casual restaurants. ” That report finds that, through the first half of 2024, fast-casual restaurants saw visit growth of 3.2 The fast-casual burger chain increased prices by 2.5
That means that Meyer will exert his influence on Panera Bread, a fast-casual restaurant with more than 2,000 locations and a ferocious fanbase for its broccoli and cheddar soup and generally “wholesome” on-the-go options. But in the context of a fast food restaurant, Meyer’s hospitality ethos feels a little murky.
Adding to the 20 Noodles & Company locations in the metro Chicago market, the ghost kitchen will help reach a new customer base through its digital channels and give the fast-casual brand a presence in-between local locations. "We're flip'd by IHOP. Grab-and-go salads and wraps, freshly baked goods and more.
The fast food industry saw the largest reduction in spending year over year (five percentage points). The Bureau of Labor Statistics reported that fast-food prices jumped 6.2 There has been an extensive growth inside the popularity of plant based meat, with several fast food chains globally leaping on the trend. percent in 2023.
Concepts that captured strong market share like fastcasual chains will continue to outpace growth in full service locations. Concepts that captured strong market share like fastcasual chains will continue to outpace growth in full service locations. The other reason for smaller menus is related to staffing issues.
HOP® Restaurants announced plans to launch Flip’d by IHOP™, a new fast-casual concept in the U.S., “In looking at what exists today in terms of fresh, fast menu options — particularly at breakfast — there’s still tremendous opportunity for growth,” said Jay Johns, President of IHOP.
Ike’s Love & Sandwiches is ranked #12 on FastCasual’s Movers and Shakers 2021 list. Ike’s appointed industry veteran Adam Rinella as Vice President of Development to help the booming fastcasual brand reach even more markets. Rinella is skilled in bringing restaurant ideas into reality.
Amazon Studios is providing $1 million for the catering team at the award-winning Jon & Vinny’s restaurant group to prepare meals for local charities feeding those in need during the COVID-19 pandemic, including No Kid Hungry, Off Their Plate, the Los Angeles Mission and the Motion Picture & Television Fund.
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