Naturally New York’s Post

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

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

We’re excited to announce we have joined Acosta Group, alongside CORE Foodservice, one of the most progressive foodservice sales agencies in North America. We continue as The Culinary Edge, serving our clients and supporting our people, now adding the strength and reach of Acosta Group. This is a transformational time for our industry, and it needs a new kind of innovation agency with the scale and skill to navigate it. #COREnews #COREFoodservice #futureoffood #design #foodandbeverage #innovation #futureoffood #restaurants #hospitality #foodinnovation #restaurantindustry #foodindustry #designthinking #humancentereddesign #tastemaker #culinary #foodleadership #restaurantmanagment #menuevolution #culinaryinnovation #restaurantoperations #menudesign #menuinnovation #techsolutions #consumerinsights

📈 MARKET HIT! DRI Misses: Consumers Miss Low Prices and High Value In this report, we leverage Consumer Edge sub-industry and demographic data to explore how income affects spending among the Darden restaurant portfolio. Darden Restaurants (DRI) continues to outperform the Casual Dining sub-industry, driven by its value-driven LongHorn Steakhouse. https://hubs.li/Q02D0gP20 #DRI #DardenRestaurants #investors #markethit

Hungry to find out which #restaurant #brands are the world’s most valuable in 2024? Find out the winners below! This year’s top 10 dominated once again by American brands: - Starbucks reigns supreme in 1st place, with a whopping brand value of US$60.7 billion. - McDonald's holds onto 2nd place, brand value US$38 billion. - KFC sizzles in 3rd place, valued at US$14.2 billion. Discover the full report by clicking the link below. #Restaurants

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

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

Are fast-casual chains like Sweetgreen and Chipotle defying the dining industry's slowdown? Fast-casual chains, including Chipotle, Wingstop, and Sweetgreen, are outperforming expectations amid a broader industry slump. Unlike traditional fast-food outlets, their clientele, predominantly higher-income earners, perceive them as offering better value, shielding them from the spending downturn affecting other eateries. These chains are capitalizing on consumer preferences, with data showing higher traffic growth than any other dining sector. Efforts to improve efficiency and throughput, such as those by Chipotle and Sweetgreen, are driving faster service and increased transactions, enhancing their appeal to customers seeking quality and convenience. 👉 Click link for details: https://lnkd.in/g5fesRBd #NNN #retail #realestate #investment #investing #commercialrealestate #property #passiveincome #cre #investor #realestateinvesting #commercialproperty #netlease #retailrealestate #sweetgreen #chipotle #wingstop #casualdining

🚀 Is Retailing the Next Step for Your Restaurant? 🛍️ Have you ever considered taking your restaurant to the next level through retailing? 🤔 Retailing can be a fantastic way to create an additional revenue stream for your business. In fact, for many successful restaurant owners, it has led to the birth of multi-million dollar brands. Imagine your special sauce, cocktail mix, or signature pastry becoming a household name, available on the shelves of retail stores! 🛒 So, how can you join this exciting club? Here's a step-by-step guide: 1️⃣ Find the Winning Recipe: Identify that one product or creation that resonates most with your customers. It's the first key to success. 2️⃣ Start Small, Think Local: Begin by partnering with local shops. This not only helps establish your brand in the market but also allows you to maintain control over manufacturing and preparation in your own kitchen. 3️⃣ Expand Strategically: As you gain momentum, work on a plan to scale up your production. Partner with a manufacturer to meet growing demands, ensuring the quality of your product matches what you serve in your restaurant. 4️⃣ Create a Supportive Ecosystem: As you expand, put systems in place to support your brand's growth. Keep pushing the boundaries and get your product into more and more stores. Remember, successful retailing starts with a winning product, a strategic approach, and a commitment to quality. So, is it time for your restaurant to take the plunge into retailing? The next big brand might just be yours! 🌟 #RestaurantBusiness #RestaurantOwnership #Restauranteur #RestaurantIndustry #Entrepreneurship Learn more about how other restaurateurs have succeeded in the retail space from this episode of Restaurant Reality: https://lnkd.in/g7-RZ3dp

Landscape of the French themed dining market EOY 2023 in terms of number of stores (chains with >50 outlets excluding dark kitchens and corners in groceries) (Source: Foodservice Panorama conducted by B.R.A. Tendances Restauration & Food Service Vision, the essential dossier to understand the French foodservice market) 👉 100% French native brands 👉 Fragmented market dominated by independents 👉 1600+ chained POS with no total segment net openings 👉 Segment #1 steakhouse/grill 👉 Groupe Bertrand leads the market with 380 POS operated in 3 segments (Hippopotamus/Au Bureau/Léon) 👉 No Asian/TexMex brands FOOD STRATEGY & PERFORMANCE #foodservice #restaurants #themeddining Groupe Bertrand Hippopotamus Philippe Hery Philippe JEAN Alexandre Baudaire Restaurants La Boucherie Robert Guillet Buffalo Grill Bistrot Régent Jonathan Habib IT Italian Trattoria Laurent GILLARD GROUPE LA PATATERIE Marc Vanhove Vincent Grellier tristan poussard