2016 Restaurant Menu Trends The restaurant industry is constantly changing. In the competitive world of food service, it’s important to stay well ahead of the year’s industry trends. Menu design for sustainability, interesting new flavors, and convenience are becoming more important to your customers this year. In order to help you stay on trend, […]
Millennials are the rising tide of the economy. This demographic, which ranges in age from 18 to 33 make up about one-fourth of the US population and spend approximately $1.3 trillion annually. Many marketers are vying for the attention of this group and for restaurateurs capturing their business is essential as millennials eat out more […]
Food service is unarguably one of the most challenging industries for a business owner. With heavy competition and high failure rates, it’s important for your business to stay relevant if you want to succeed; however, due to the changing nature of the industry, staying relevant today is not the same as it was when you […]
Photo: Victor J. Blue / Bloomberg Minimum Wage Increase Effects on the Restaurant Industry At a time when minimum wage in the United States varied from $5.15 in Wyoming, to $9.15 in Connecticut, and with the Federal wage set at $7.25, New York made history when they raised their minimum wage to $15.00 (source: […]
Clean Eating Movement: Chipotle and Panera go head to head. The Clean Eating Movement has been gaining steam for a few years now, and while it has its base back in the 1960’s, it has gained considerable steam in the United States. Consumers want to be more informed about their food choices. Movements such as […]
Restaurants and all businesses in general have very similar lifecycles comprising five stages beginning with the startup phase, where restaurant design is crucial, and ending with either a rebirth or reinventing of the business model as it begins to decline and deteriorate; or dissolution as a going concern due to irrelevance with current market trends. […]
Hilton Cabana Miami Beach You can see it coming, and you can feel its gradual approach. Days get longer and the somatic sensations of warmer days begin to influence our choice for a lighter wardrobe to accommodate the activities of the warmest period of the year affectionately called the summer season – compliments of the […]
Regardless of the vast differences among the various industries in the U.S., be it restaurant design, technology innovation, new car models, or the latest fashion trends, the one thing that appears to be invariably constant year after year is change itself, especially when it comes to consumer choice and preference. But when it comes to […]
In any case even the savviest of authorities strives to identify what the deciding factors are that influence Millennials and where they choose to spend their dollars when they go out. Millennials are an essential demographic; standing 90+ million strong, its the largest demographic accessible, by far. The study of “Millennials” is focused around how […]
With new technology and capabilities being released on a daily basis, the consumer’s demand for the next new and exciting product or service is higher than ever. There is no exception when it comes to restaurants either. The top contenders in the restaurant industry have to stay on their toes and be ready to implement […]