Brand Finance’s Post

McDonald's is launching a new restaurant concept called CosMc’s, a grab-and-go-style spin-off that will directly compete with the cold drink offerings at #Starbucks, including menu items like churro frappes, pear slushies, and turmeric spiced lattes. The chain’s first location, near Chicago, will feature four drive-through lanes, no dining room, and digital order queuing, which allows for more orders. The idea is to crack into the specialty beverage and broader coffee market, where it hasn’t been able to better compete against Starbucks Of note, only 14% of fast food orders eaten in dining rooms, chains like Taco Bell, Chick-fil-A, and Starbucks are also leaning into drive-thrus and digital-first locations. Tim Hortons Horizon Media Canadian Grocer Canadian Marketing Association Second Cup Retail Council of Canada Flipp Kijiji Canada Veronica Lalletti Sarah Tomlinson Pat Francone #qsr Chick-fil-A Restaurants Taco Bell Broken Heart Love Affair Burger King Source: The Peak

Interested in taking your restaurant's best dishes to the retail market? Join us for a free workshop session on June 5th at 10am PST. Discover how other restaurant owners are successfully using retail CPG strategies to grow their business. Learn from an industry expert and get ready to expand your brand! Register here: https://lnkd.in/gfujSQF6 #MenuToMarket #CPG #restaurants #growthstrategies #foodindustry #restaurantgrowth #retailstrategy

Navigating the New Era with Roy Rogers! Thrilled to be part of the conversation on brand transparency and innovation in the quick-service restaurant industry. Check out my latest article in QSR's, "How Roy Rogers Plans to Thrive in a New Era of Restaurants.”  https://lnkd.in/ghHSbZ7e   #LegacyBrands #NewEra #RoyRogers

The latest #Restaurant Quarterly Sales Analysis is in, exclusively for our community! https://shorturl.at/dmNOS Explore the key insights: - Comps trending lower, with some cases turning negative due to slowed traffic and moderated menu price increases. - QSR and Fast Casual chains outperforming Traditional chains overall. - The market remains promotional as restaurants compete for market share. #RetailUpdate #MarketInsights #DemoNow #Retail #Restaurants #RestaurantIndustry #SalesAnalysis

Fast-casual emerges as the sweet spot for restaurant industry growth The fast-casual category first became a thing in the 1990s (about the time Chipotle emerged) and came of age in the 2010s following the Great Recession, when consumers wanted more bang for their buck in the form of value, speed, and quality. The category came to be defined as a sort of elevated QSR but without the full-service component of casual dining. Fast forward to this post-pandemic environment and fast casual has become a rare sweet spot of growth for the industry as price point lines continue to blur between segments. In the past several quarters, as inflation-weary consumers pull back on visits to most casual-dining concepts and some quick-service concepts, fast-casual players like Potbelly, Chipotle, Wingstop, CAVA, and Shake Shack have enjoyed traffic lifts — in some instances quite significant. The segment has also outperformed on sales. According to recently released Technomic data, fast-casual sales in 2023 grew by 11.2%, followed by quick-service sales at 7.9%. Family-dining restaurants grew by 5.7% and casual-dining chains grew by 4.7%. Read more: https://lnkd.in/gua6xKxQ #foodservice #restaurant #foodandbeverageindustry

Interested in taking your restaurant's best dishes to the retail market? Join us for a free workshop session on May 24th at 10am PST. Discover how other restaurant owners are successfully using retail CPG strategies to grow their business. Learn from an industry expert and get ready to expand your brand! Register here: https://lnkd.in/gpm4J8U9 #MenuToMarket #CPG #restaurants #growthstrategies #foodindustry #restaurantgrowth #retailstrategy

Narrow Down Customers Expectations Instead of just explaining the best seller menu items or beverages at your restaurant, it’s more efficient to narrow down your customers expectations to match the options. By doing so, you not only streamline their decision making process but also gain valuable insights into their preferences. This approach allows you to recommend dishes that not only satisfy their tastes but also align with your upselling strategy. #hospitality #restaurant #sommelier #upselling #strategy #forbesstandard #dealing

The Food & Beverage market is adapting and evolving: https://lnkd.in/erXhcQ2U Consumers continue to spend on dining out and at-home delivery. Quick Service Restaurants like Wingstop and Greggs are thriving, while middle-market brands face varied outcomes. The coffee and brunch sector is growing, led by brands like Greggs, Starbucks, and Costa. Independent local chains focusing on authenticity are doing well, and experiential dining venues like Gaucho and Hawksmoor are seeing great success. The industry’s resilience and adaptability are commendable. 👉 How are these trends influencing your business strategy? #FoodAndBeverage #MarketTrends #ConsumerBehavior #FandBIndustry

The Food & Beverage market is adapting and evolving. Check out Savills latest research on consumer trends: https://lnkd.in/epShmh6G Consumers continue to spend on dining out and at-home delivery. Quick Service Restaurants like Wingstop and Greggs are thriving, while middle-market brands face varied outcomes. The coffee and brunch sector is growing, led by brands like Greggs, Starbucks, and Costa. Independent local chains focusing on authenticity are doing well, and experiential dining venues like Gaucho and Hawksmoor are seeing great success. The industry’s resilience and adaptability are commendable. #FoodAndBeverage #MarketTrends #ConsumerBehavior #FandBIndustry

Restaurant chains in the U.S. account for a market capitalization of almost $500 billion (as of the end of 2023) divided among 48 companies. Every foodservice category has a clear market share leader with one exception - casual dining. While the leaders in QSR, Coffee, Fast-Casual, and Pizza each own more than 60% of the category’s market cap, for Casual Dining the leader accounts for 45% of the segment’s market cap. This is another fascinating proof point that casual dining is ripe for M&A and consolidation. But it’s a category with such a breath of brands, results, and potential that commercial due diligence is vital. #restaurants #QSR #strategy #duediligence