François Charpy’s Post

We learned a lot at Casual Dining Show – now The National Restaurant Pub & Bar Show. and one thing became clear: #promos are on the rise, and being used a vehicle to counteract inflation. 💸 In particular, casual dining sector has had to pivot and embrace promotions as a strategy to combat the ongoing price sensitivity in the market. Though promotions haven’t been a staple for these businesses in the past, 2024 is seeing a significant shift in how they’re approaching affordability. Here are some key isights: ⤴️ Promos on the rise: 👉 Casual Dining has seen a 13% increase in promotional offers vs. last year. 89% of these promos target dine-in and takeaway, with 68% focused on delivery. The average discount is around 22%, a clear sign of adapting to market demands. Inflation Impact: 📉 Inflation impact: Food & Beverage inflation in the Foodservice industry has slowed, with Casual Dining inflation now at 3%, compared to 5% in the fast food sector. 👉 While still higher than retail inflation at 1.5%, this is an improvement and points to stabilisation. As the market evolves, it’s encouraging to see Casual Dining establishments embracing promos and finding ways to deliver value without compromising quality. ❓What promotions have you seen recently? Are they influencing where you choose to dine? We'd love to know in the comments. #CasualDiningUK #CD24 #RestaurantTrends #FandB #Promos #Inflation #Hospitality

From quick-service to casual dining, restaurant trends are evolving rapidly across the globe. Here’s a snapshot of the key trends influencing the industry: ✅ Quick-Service Restaurants (QSRs): Dominating with 25% of global restaurant sales, QSRs are shaping trends with innovations in menu offerings and delivery models. 🍟🍕 ✅ Casual Dining: Struggling with stagnation, casual dining chains are adapting to stay relevant amid increasing closures. 🍽️ ✅ Fast-Casual: Growing rapidly, driven by consumer demand for convenience and quality. 🍲 ✅ Food Delivery: Surging in popularity, with companies like Jumia and Chowdeck revolutionizing how we dine. 🚚🍴 ✅ Food Trends: From fresh salads and plant-based options to dynamic coffee trends, consumer preferences are pushing restaurants to innovate. 🌱☕ Is your restaurant ready to navigate these trends and stay ahead? Discover how to leverage these insights for your business. Learn more and get started today! ➡️ https://orda.africa/ #OrdaAfrica #pointofsale #africanbusiness #africantech #africanstartups #nigeriantech #kenyabusiness #restaurantsoftware #restaurantpos #buykenyabuildkenya #kenyanmade #lagosnigeria #naijastartups #lagosbusiness #businessinnigeria #naijafood #kenyafood #techcabal

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

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

🌟 It’s here… The Restaurant Report of 2024! Unveiling the latest insights into the UK’s casual dining and quick service restaurant scene, focusing on the top 100 restaurant groups, this report by Restaurant Magazine and ENTEGRA ranks restaurants based on the number of sites they have in the UK, as well as looking at the pressures they have faced, alongside an overview of the key trends and activity that have garnered success for the businesses over the past 12 months. Here’s a snapshot of the report’s findings… 🚀 Top 10 Restaurants: 1. Subway 2. McDonald's 3. KFC UK & Ireland 4. Burger King 5. Nando's UK & IRE 6. PizzaExpress 7. Loungers plc 8. Pepe's Piri Piri 9. Beefeater 10. Five Guys Europe 🔍 Brands to Watch: • Boojum • Dishoom • Rudy's Pizza Napoletana • Brightside - Roadside Dining • Popeyes Louisiana Chicken UK Read the full report here - https://lnkd.in/eijVNpcK #hospitality #businessgrowth #UKrestaurants #data #ukhospitality

With financial constraints leading consumers to opt for RTD cocktails at home over pubs and restaurants, RTD cocktail brands have an opportunity to strengthen their connection with outdoor dining experiences like picnics and barbecues. This trend allows brands to increase sales by catering to consumers' preference for affordable socialising. Moreover, offering special picnic meal deals could entice price-conscious consumers seeking value. Read more about the latest trends tipped to drive market growth: https://hubs.li/Q02Kp0Nd0 #Cocktails #BeverageIndustry #WeBringFlavourToLife

According to Australian Retailers Association (ARA) + Roy Morgan, Australians are going to spend $485m this Valentine's Day... that's a lot of flowers, chocolates, and dining experiences! 💐 💘 Read full Australian Retailers Association (ARA) press release here 👉 https://lnkd.in/gSFDE74H #valentinesday #retailers #retailstrategy #brandstrategy #brandaudits

I was reviewing the books of a restaurant the other day, and we got into a conversation about what your cost per plate is. And how are your margins looking for each of these dishes? Here's how it breaks down over different types of restaurants for just a cheeseburger. I'm afraid I can't promise this is accurate. Fast Food Restaurants: The profit margin for fast food restaurants on items like cheeseburgers is often slim, typically ranging from about 5% to 15%. These establishments rely on high-volume sales and efficient operations to make a profit. Casual Dining Restaurants: The margin can be a bit higher for casual dining, usually ranging from 15% to 25%. These restaurants balance quality and cost to provide a more upscale dining experience than fast food, often leading to a higher price point and margin. Gourmet or High-End Restaurants: High-end restaurants can have a significantly higher margin on specialty items like gourmet cheeseburgers, potentially ranging from 25% to 40% or more. These establishments use premium ingredients and offer a unique dining experience, justifying higher prices. Food Trucks or Pop-up Kitchens: The margins for food trucks or pop-up kitchens can be variable, but they often range from 15% to 30%. Factors like lower overhead costs compared to traditional restaurants can influence these margins. Theme Restaurants or Specialty Burger Joints: Specialty burger joints and theme restaurants can have margins like gourmet restaurants, often between 25% and 40%. Their unique offerings and niche market appeal can support higher price points. #RestaurantProfitMargins #CheeseburgerEconomics #FastFoodFinance #CasualDiningProfits #GourmetBurgerMargins #FoodTruckFinancials #SpecialtyRestaurantProfits #DiningBusinessEconomics #CostPerPlateAnalysis #MenuPricingStrategy

Foodservice establishments – and especially fine dining restaurants – are flavor trendsetters! Read our latest blog for our experts’ insights into the latest flavor trends in foodservice and how retail brands can get inspired by them. #blog #foodtrends #flavor #seasonings #spices #foodindustgetry #foodservice #trending #trends #foodservice #foodservicetrends https://lnkd.in/enBzQd-E

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