If you’re wondering if restaurants are expanding their footprints as we pass the mid-year mark of 2024, one look at the headlines reveals the answer. “Freddy’s Frozen Custard & Steakburgers to Expand Texas Footprint with 20-Unit Development Deal.” “Potbelly is Expanding its Footprint in San Antonio.” “Wendy’s to Expand into Two European Markets.” “Cava Expands… Continue reading Expanding Your Footprint: Restaurant Real Estate Trends
Tag: #restauranttrends
What Bon Appétit’s 7 Best New Restaurants this Spring Have in Common
“Best of” lists are quite common in the restaurant industry, with numerous platforms selecting destination restaurants around the country you don’t want to miss. What makes these restaurants stand out from the crowd? Is it a well-known chef? Are they part of a restaurant mega-group? Do they have an in with the publication? To come… Continue reading What Bon Appétit’s 7 Best New Restaurants this Spring Have in Common
Optimizing Your Restaurant’s Data and Putting It to Use
The increasing data availability has enabled restaurant operators to gather information about their customers, resulting in more personalized service, strategic marketing, and much more. However, as the amount of data increases, it becomes increasingly complex. How do you integrate the massive amounts of information and come up with insightful actions as a response? Nation’s Restaurant… Continue reading Optimizing Your Restaurant’s Data and Putting It to Use
Get Inspired: Restaurant and Restaurant Tech Events to Attend in 2024
Are you ready to raise the bar this year? There’s something about starting a new year that fills people with inspiration, hope, and energy! Now, the trick is to stay inspired throughout the coming year. One way to accomplish this is by attending the many events found in our industry. From the Bar & Restaurant… Continue reading Get Inspired: Restaurant and Restaurant Tech Events to Attend in 2024
How Restaurants Are Navigating the Current Real Estate Market
Restaurants looking to expand are facing some significant roadblocks as the end of 2023 approaches. The demand is high, and the “right” inventory is challenging to find and quickly scooped up as soon as it hits the market. For those looking in the hot markets, the shortage intensifies. Add construction delays and supply shortages, and… Continue reading How Restaurants Are Navigating the Current Real Estate Market
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
The Best Strategy for Your Restaurant Brand
We walk a fine line in the restaurant industry—to trend or not to trend. There are some brands that have remained consistent in their messaging and offerings, no matter the noise and changes emerging around them. Of course, that doesn’t mean they haven’t embraced technology and enhanced their delivery services. They have, however, remained true… Continue reading The Best Strategy for Your Restaurant Brand
The Role of Group Purchasing Organizations (GPOs) in Your Restaurant’s Success
In the fast-paced world of restaurant management, keeping a close eye on operational costs while ensuring quality is crucial for long-term success. An effective strategy to strike this balance involves collaborating with a Group Purchasing Organization (GPO). A GPO acts as an intermediary between businesses and suppliers, leveraging the collective buying power of its members… Continue reading The Role of Group Purchasing Organizations (GPOs) in Your Restaurant’s Success
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?
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