So, you’ve built a bustling restaurant with patrons lining up at the door. Your reputation has grown, and with it, your appetite for expansion. Growth is a healthy desire and is often necessary for survival in the restaurant business. It has the power to propel your restaurant brand to new heights — but can be… Continue reading Essential Elements To A Comprehensive Restaurant Growth Strategy
Category: F&B Insights
How Michelin Restaurants to Sports Bars use Tablz to Build Customer Loyalty and Boost Profits
Are you doing everything you can to give your customers a dining experience that keeps them coming back for more? Although there’s value to attracting new customers to your restaurant, Harvard research shows that it’s more cost-effective to invest in customer retention. In fact, a mere 5% increase in repeat business can stimulate a 25-95%… Continue reading How Michelin Restaurants to Sports Bars use Tablz to Build Customer Loyalty and Boost Profits
Widespread Slowdown of Year-over-Year Restaurant Sales Continues
Black Box Intelligence’s restaurant insight report for July 2022 revealed some interesting numbers, including the areas with the best and worst performance, how the economic pressures are affecting restaurants, and the need to “double down” on the experience. Let’s explore the latest trends and insights. Year-over-Year Sales YoY same-store sales experienced the fifth consecutive month… Continue reading Widespread Slowdown of Year-over-Year Restaurant Sales Continues
Inflation Affecting Restaurant Wine Pricing
Supply chain and general inflation pressure have placed restaurants in the delicate position of raising prices monthly or quarterly, sometimes even more frequently. This is particularly astonishing when you consider that, historically, restaurants changed their menu pricing every six months or once a year. And wine is not immune. Wine is usually one of the… Continue reading Inflation Affecting Restaurant Wine Pricing