I know. I feel your pain. The mere thought of an upgrade, whether remodeling a home or renovating a restaurant, can send shivers down the spine. And, while we’d like to think of this feeling as the excitement derived from anticipation, all too often it comes from uncertainty and a slight sense of dread. But… Continue reading Is it time for a Restaurant Upgrade?
Author: Marisa Upson
A Conversation with Sterling Douglass, CEO of Chowly
Recently, we had the pleasure of meeting up with Sterling Douglass, the co-founder and CEO of Chowly, a leading restaurant technology company. This brand has made incredible advancements in 2023, transforming the guest experience and the operator’s role in it. If you’re looking to expand, enter the digital age, streamline your POS integrations and off-premise… Continue reading A Conversation with Sterling Douglass, CEO of Chowly
Is 2023 the Year of the Restaurant IPO?
What happens when a restaurant that’s been operating at a loss for several years goes public? If you’re the restaurant chain Cava Group Inc., your shares rise 99%, creating one of the best trading debuts since 2021 and the sixth-largest of 2023. What prompted the explosion? Cava, a Mediterranean restaurant chain, demonstrated strong growth, shrinking… Continue reading Is 2023 the Year of the Restaurant IPO?
The 4 Ways Higher Interest Rates & Real Estate Inflation Are Affecting Restaurants
In February, the National Restaurant Association’s 2023 State of the Restaurant Industry Report found that 70% of operators felt that their restaurant’s conditions had settled into or were on the path to the “new normal.” Competition was heating up, and growth was expected to continue. And, while some of those expectations came to pass, the… Continue reading The 4 Ways Higher Interest Rates & Real Estate Inflation Are Affecting Restaurants
Shopping Centers Transformed by Leading Restaurant & Entertainment Concepts
Today’s malls and shopping centers are known by many names, including lifestyle and multi-use or mixed-use centers. More often, these centers are anchored by restaurants and entertainment or experiential concepts. Let’s explore what this means to the industry and the brands that are making the leap into the mixed-use arena. What Is an Anchor? According… Continue reading Shopping Centers Transformed by Leading Restaurant & Entertainment Concepts
The Top 6 Foodie Cities in America in 2023
Are Food Cities the Best Places to Open a New Restaurant? The term “foodie” soon followed by “foodie cities” first erupted on the scene in 1980, brought to life by Gael Greene, a restaurant critic for New York magazine. Popular TV shows followed, showcasing people with bigger-than-life personalities trekking across America and the world in… Continue reading The Top 6 Foodie Cities in America in 2023
Emerging Concepts Joins Little Kitchen Academy as a Strategic Real Estate Partner
Emerging Concepts is excited to announce our partnership with Little Kitchen Academy, the first-of-its-kind Montessori-inspired cooking academy designed for kids ages 3-18. According to Robert Johnson, Vice President of Emerging Concepts, “We are thrilled to join Little Kitchen Academy in changing lives from scratch. Our team felt very inspired when we learned about Little Kitchen… Continue reading Emerging Concepts Joins Little Kitchen Academy as a Strategic Real Estate Partner
How Restaurants Make It Through the First Year
If you’ve done your research, you know that the restaurant industry is not for the faint of heart. According to the National Restaurant Association, about 1-in-3 fail the first year. Compared to small businesses in the U.S. that experience 1-in-5 closures, you’ve got about a 10% greater chance of going belly up in our illustrious… Continue reading How Restaurants Make It Through the First Year
A Recap of the Premier ICSC 2023 Las Vegas Show
May 21-23 saw the International Council of Shopping Centers (ICSC) 2023 premier event take place at the Las Vegas Convention Center. Approximately 25,000 people attended, including developers, retailers, dealmakers, and real estate brokers. Some sought information on the tenants that would make their properties stand out. Others were looking for the best strategies regarding safety… Continue reading A Recap of the Premier ICSC 2023 Las Vegas Show
Florida’s Summer Restaurant Scene in 2023
Can you feel it? The days are warming, the flowers are blooming, and before you know it, it will be time to head to your favorite summer hotspots. For many people, one of those spots is Florida. According to Forbes, over 137 million people visited the Sunshine State in 2022, the most visitors in the… Continue reading Florida’s Summer Restaurant Scene in 2023