Restaurant Brand Development In the cut-throat restaurant industry, the choices are now so vast that consumers have become very demanding. Whether it concerns the menu or the design of the logo or packaging material for takeout, it seems like a never-ending chase to reach the top. So, while the quality of foods must be good, […]
Restaurant Industry Trends and Outlook for 2022 In the first part of “Restaurant Industry Trends and Outlook for 2022,” we covered some key trends and insights for the restaurant industry to look forward to in 2022. Since then, we stumbled upon a few more important F&B trends that restaurant owners and restaurant-goers can expect to […]
Restaurant Design Opening and running a restaurant is no easy feat. Restaurant owners must establish the food and drinks menu, pricing, and location, along with the overall design and feel of the restaurant. That’s right. Visiting and eating at a restaurant is an experience in itself, and many elements need to be curated just right […]
Restaurant Concept Planning A study[1] conducted by Ohio State University suggests that 60% of restaurants do not survive past their first year, and 80% are said to fail within five years. What complicates being a new entrant in the restaurant business is that at least 13%[2] of consumers don’t shift their loyalty from their preferred restaurants. Though […]
2021 Restaurant Industry Trends While the hurdles of 2020 may not end when the clock strikes midnight on December 31st, the restaurant landscape is better equipped to deal with whatever comes its way. The industry and its many players have experimented, failed, succeeded, but most importantly, gained a tremendous amount of knowledge this year. Significant […]
Key Restaurant Industry Takeaways for 2020 – Challenges and Innovations With a challenging and unprecedented 2020 nearly behind us, it is useful to take stock and pause to review the year’s challenges and opportunities. The pandemic has upended the hospitality industry. The restaurant industry specifically has been plagued with never-ending challenges, difficulties, and, inevitably, closures. It […]
Restaurant-to-Consumer Social Media Engagement If “a picture is worth a thousand words,” social media is to be thanked for taking Norwegian playwright Henrick Ibsen’s adage and using technology to digitally canvas the ether with multiple complex ideas, then framing them in a single image. Restaurants use social media to draw in diners. Patrons and tourists […]
Changes to Restaurant Design as a Result of COVID-19: Permanent or Temporary? The global pandemic has changed nearly every aspect of our lives – from the way we interact to the way we gather, and, especially, the way we approach the restaurant experience. The new reality makes it impossible to enjoy the same pre-pandemic dining experience […]
Changes and Opportunities in 2020 and Beyond Needless to say, this has been a year like no other with unprecedented challenges. These will likely continue well into the foreseeable future. These challenges have been especially taxing on the restaurant industry and its more than 13.5 million employees (as of 2019), both of which have been especially hard […]
Maintaining a competitive edge in the foodservice landscape is no easy task. As any restaurant operator can confirm, succeeding in the modern marketplace requires constant innovation and the ability to capitalize on the latest trends. This is especially true amid the pandemic. Here are a few restaurant growth strategies to keep business moving forward through the […]