Creatively using ingredients will keep customers engaged. Chefs are doing this and thanks to adventurous diners, restaurants have a ready audience for this. Wendys has introduced the new Truffle Bacon Cheeseburger to its customers. The fungus that is found in most high-end eateries is in both truffle aïoli and truffle Parmesan cheese.
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When eating, we are using only a couple of our senses, touch and taste. A professor at the University of Oxford is pairing up with the Musical Menus Festival to prove that integrating hearing into this experience can heighten the enjoyment of food even more. They are working to pair music with specific menus from specific restaurants so that diners get an even better experience when eating. In a survey, most people said they don’t believe sound can alter their feelings toward a dish, but professor Charles Spence is trying to prove otherwise.
Bookatable launches restaurant music festival to explore food-music link
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Casual-dining restaurants have seen declining sales and traffic for a decade now, and as a result, there are fewer of them. The segment’s share of the supply of restaurants in the U.S. has shrunk since 2007, according to BMO Capital Markets analyst Andrew Strelzik. Yet there are still too many locations. Strelzik estimates the market is oversupplied by as many as 4,500 units, based on demand trends since the recession.
Key Takeaways:
- Casual-dining restaurants have seen declining sales and traffic for a decade now, and as a result, there are fewer of them.
- Closing restaurants, however, is easier said than done. The segment’s oversupply is likely to persist — shifting sales from one chain to another as concepts work to lure from a declining share of the nation’s restaurant business.
- Executives are trying to grow sales and add locations, not reduce them. All of them believe they have plans that could reverse sales slides. Many of these strategies succeed, at least in the short term, so there’s little incentive to shrink.
“Casual-dining restaurants have seen declining sales and traffic for a decade now, and as a result, there are fewer of them.”
http://nrn.com/blog/why-casual-dining-restaurants-should-close-thousands-units
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Legalized marijuana could dilute drinks sales
While the economic benefits of recreational marijuana have been repeatedly covered in media, the economic pitfalls have been largely ignored. The author documents the red tape that surrounds public establishments that want to “serve” cannabis treats to their clientele, as well as notes the other business effects of legalization, such as a negative impact on alcohol sales.
Key Takeaways:
“But near-term, we’re going to find out whether pot-using patrons will continue to purchase alcoholic beverages as before.”
http://restaurant-hospitality.com/legal/legalized-marijuana-could-dilute-drinks-sales
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