7 restaurant industry trends to watch in 2024
2024年1月10日 · Restaurant prices hikes are expected to soften in 2024 compared to the low double-digit increases of 2023, which have pushed diners to their limit, experts said. Lynne Collier, restaurant analyst at Water Tower Research, expects pricing to range between 3% and 5% this year given that commodity and labor costs have dropped.
KFC adds $4.99 meal deal through year’s end | Restaurant Dive
2024年4月8日 · Dive Brief: KFC on Monday announced it is offering a value menu through the end of 2024 featuring a $4.99 two-piece chicken meal for one; a variably priced four-piece, two-person chicken meal; and a $20 six-piece chicken family meal. The menu is called “Taste of KFC Deals.” The two-piece meal includes a chicken thigh, drumstick, a side of mashed potatoes …
Why Chipotlanes are Chipotle’s future | Restaurant Dive
2022年11月21日 · It is also targeting 255 to 285 restaurant openings in 2023, and 80% of new restaurants in 2022 and 2023 will feature Chipotlanes. This channel, which generates roughly 15% higher sales than a traditional Chipotle restaurant, led to a shift in real estate, construction and labor strategy, Zalotrawala said. “Our priority for development will ...
How Salt Bae created a one-of-a-kind dining experience
2023年10月5日 · From heart-thumping music to tableside beef carving and smoke shows, Nusr-Et’s steakhouses are an experience. Whenever owner Nusret Gökçe, also known as Salt Bae, is in one of his 28 Nusr-Et Steakhouse restaurants, he’ll cut every diner’s meat using the signature style and hand flick seasoning technique that made him a viral internet ...
KFC expands $5 meal deal - Restaurant Dive
2024年8月13日 · Dive Brief: Kentucky Fried Chicken is expanding its Taste of KFC Deal, a $5 value promotion it introduced in April.The chain added two meals to the deal, which runs through the end of the year. Customers can now get an eight-piece nuggets meal with fries and two sauces, and a Famous Bowl with nuggets, in addition to the wing-and-thigh deal included in …
The biggest restaurant bankruptcies so far this year
2024年7月15日 · The first half of 2024 was incredibly challenging for the restaurant industry, which continues to face rising labor and operating costs and declines in traffic. Several casual chains, including TGI Fridays, Bloomin’ Brands, Hooters and Denny’s closed underperforming locations. Red Lobster closed roughly 100 locations and then declared ...
The top restaurant trends in 2024
2024年5月6日 · From automation to sustainability, these are the most compelling global trends shaping the food and beverage industry in 2024. Restaurant owners entered 2024 feeling optimistic, according to data from the Square 2024 Future of Restaurants report. The industry has embraced technology solutions to tackle staffing, process, and efficiency challenges.
Portillo’s targets 920 future units, up from 600 - Restaurant Dive
2023年9月22日 · Portillo’s, which has 77 full-scale restaurants in 10 states, increased the minimum number of stores it estimates it can open from 600 to 920, the company wrote in an email to Restaurant Dive. This estimated target store count includes 800 full-sized restaurants and 120 pickup units, walk-up stores for urban areas and other alternative ...
How Qdoba is plotting growth in Chipotle’s shadow
2024年1月11日 · According to Modern Restaurant Concepts CFO Mel Tucker, who joined the company in April 2022, the brand’s average unit volumes have grown 30% since 2019, with 70% of that growth from pricing and 30% from increased traffic. Tucker said the company’s units cost about $800,000 to build out, on average, and offer a relatively strong return.
KFC franchisee closes around 25 restaurants in the Midwest: reports
2024年8月23日 · EYM Chicken, a subsidiary of major fast-food franchisee EYM, has closed around 25 KFC restaurants in the Midwest, according to media reports. Closures were first reported earlier this week by WMBD, a Peoria, Illinois-based television station. Other local media outlets confirmed reports of closures with photographs of shuttered restaurants, and Nation's …