We all know the growing importance of digital sales and creating solid pickup and delivery services. According to Zippia, online ordering has grown 300% faster than dine-in in the last decade, and the average person in America spends $67 per week on takeout. Over 50% of adults say delivery and takeout are essential to their… Continue reading Restaurants’ Cost of Lost To-Go Orders
Tag: Restaurant business
The Top 100 Independent Restaurants
Recently, Restaurant Business came out with the top 100 independent restaurants in America. This ranking reflects those with the highest earnings and, of course, independently owned. So, what is it about these restaurants that brought them such great success? What unique experience, food, or aesthetics do they offer? How many units do they have, and… Continue reading The Top 100 Independent Restaurants
Landlords Embrace Transformational Restaurant Entertainment Concepts
The world of real estate is witnessing a paradigm shift as landlords seek creative ways to attract tenants and visitors to their properties. Beyond the traditional shopping and dining offerings, a new trend has emerged: integrating transformational entertainment concepts. These immersive and experiential concepts transform commercial spaces into dynamic destinations catering to consumers of all… Continue reading Landlords Embrace Transformational Restaurant Entertainment Concepts
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
When Do You Know You Have a Restaurant Concept That Can Expand Nationally?
The restaurant industry is known for its cut-throat competition and constantly evolving consumer preferences. While expanding a restaurant chain nationwide may seem like a dream come true, it comes with its fair share of challenges. In this article, we will discuss the challenges restaurants face when growing nationally fast, some examples of restaurants that have… Continue reading When Do You Know You Have a Restaurant Concept That Can Expand Nationally?
Streamlining Restaurant Operations in a Time of Uncertainty
As with many businesses, restauranteurs have come to accept that the last three years have transformed restaurant operations for good. As we face further uncertainty, many operators are looking to reduce costs and streamline operations, tightening the belt buckle in preparation for what may or may not come. As Wolfgang Puck said, “One thing I… Continue reading Streamlining Restaurant Operations in a Time of Uncertainty
Restaurant Dining Rooms are “NOT” Created Equal each has Valuable Real Estate
Wouldn’t it be awesome to fly first class – I’m talking serious first class, with showers, high-end wines, and those little bedroom pods – for, say $400? Or sit courtside during the NBA Finals for $100 a seat? Or perhaps watch this coming November’s Formula 1 Las Vegas Grand Prix in a dining room at… Continue reading Restaurant Dining Rooms are “NOT” Created Equal each has Valuable Real Estate
New Face of Micheline-Star Fine Dining Part 2
We spoke recently about the changing face of fine dining. This conversation will only gain momentum as the 2024 closing of Noma, the three-Michelin star Copenhagen restaurant, draws closer. Noma will be remembered as one of the most innovative, influential, and celebrated restaurants of its time. At the same time, however, Noma’s legacy will be… Continue reading New Face of Micheline-Star Fine Dining Part 2
Consumer Trends and the Restaurants Vying for Generation Z
Generation Z is anyone born between 1997 and 2012. The adults in this population fall between the ages of 18 and 24 and, despite their young age, are already making their presence felt in the restaurant industry. This generation has lived their life in the wake of digital technology and has a growing number of… Continue reading Consumer Trends and the Restaurants Vying for Generation Z
Get Inspired—10 Restaurant Magazines and Books to Read in 2022
At EMERGING, we partner with restaurants and entertainment concepts, helping them develop their expansion plans and attain success by setting the appropriate supply chain, labor, and financial strategies. For clients and restauranteurs looking to expand their enterprise and take their establishments to the next level, knowledge is key. As Sir Francis Bacon said, “Knowledge itself… Continue reading Get Inspired—10 Restaurant Magazines and Books to Read in 2022