As we start the new year you can guarantee there will be new trends and restaurants are no exception. Healthy and vegan options on menus will soar in 2017 with more of us becoming health cautious. Breakfast has been on the rise in the past years with the breakfast business booming it will likely not slow down in 2017. Creativity will also be on the rise in restaurants especially in desserts.
Published January 24, 2017
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Published January 24, 2017
Feeling thankful that gas prices are pretty low at the moment. Well don`t get to comfortable because these gas prices are expected to rise. With rising gas prices on the rise this could spell bad news for restaurant sales especially same-store sales. As more and more people look to get their food from the grocery stores as gas prices rise.
Key Takeaways:
- Gas prices plunged late in 2014 and in 2015. Unsurprisingly, restaurant sales in early 2015 were spectacular.
- Gas prices remain exceptionally low. Even if they increase 50 percent, they will still remain 25 percent below all-time highs.
- Still, gas prices have increased for 14 days straight, and now average $2.21 per gallon, according to AAA. That’s about 20 cents per gallon more than a year ago, or a 10-percent increase.
“Gas prices are creeping back up as the price of oil rises. It’s more likely that gas prices will keep increasing than it is that they’ll fall again.”
http://www.nrn.com/consumer-trends/higher-gas-prices-are-big-sales-risk
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How to Dominate Restaurant Catering in 2017
As we go along in the conversation today, understanding the complexity that sits with the restaurant operator is critical to building out a new, successful restaurant catering strategy. Additionally, online ordering and automated ordering are changing the entire dynamics of how customers are placing their orders. Because the data shows that $19 billion to $20 billion is spent on B2B transactions, while $23 billion goes to consumer catering. Of course, the brand has to execute at the business to consumer level to capture these sales dollars.
Key Takeaways:
“The key is to develop new customer solutions that leverage the same raw ingredients and idle assets already at work within your restaurants.”
https://www.foodnewsfeed.com/fsr/vendor-bylines/how-dominate-restaurant-catering-2017
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