Is Netflix stealing sales from restaurants?
Published January 25, 2017

Is Netflix stealing sales from restaurants?

With increasing prices for gas, cable, and many other services like Netflix, many people are cutting costs across the board which means they won’t be going out and buying dinner from restaurants anytime soon. Restaurants are trying their very best to gain interest and foot traffic through their doors.

Key Takeaways:

  • Instead, consumer spending on new services, like Netflix, could be taking up room in their budgets and leaving less for restaurants.
  • Many costs have been rising in recent years. Apple released the iPhone in 2007, just before the recession, and helped unleash the smartphone craze.
  • Gas prices likely helped boost restaurant sales last year, and it’s possible that one of the reasons for weak sales now is that consumers have adjusted their budgets.

“Instead, consumer spending on new services, like Netflix, could be taking up room in their budgets and leaving less for restaurants.”

http://www.nrn.com/consumer-trends/netflix-stealing-sales-restaurants

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Restaurants lure customers to indulge with shareable desserts
Published January 25, 2017

Restaurants lure customers to indulge with shareable desserts

As if dessert wasnt already tempting enough some restaurants are getting creative with their desserts. Some restaurants are now making even bigger desserts that are targeting groups to be able to share their tasty treats. With the goal of making the guest experience a pleasurable time on their mind they are coming up with new ways for guest to indulge in their desserts.

Restaurants lure customers to indulge with shareable desserts

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The New Rules for Naming Your Restaurant
Published January 25, 2017

The New Rules for Naming Your Restaurant

If you are thinking of opening a business, you may know just how frustrating it can be to come up with a name for a product or the company itself. There are many views on what makes a name great, from simple pronunciation to communicating what your company does, but the end decision is up to you. There is always middle ground between each extreme of too much information and too little put into a name. It’s important to take time to think about before settling on the perfect name.

The New Rules for Naming Your Restaurant

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Farmers Announces Policy to Insure Food Trucks
Published January 25, 2017

Farmers Announces Policy to Insure Food Trucks

Food trucks are becoming commonplace in the 21st century. As a result, Farmers Insurance has rolled out a program that will provide these mobile food distributors the protection they need for their business, food, and means of transportation. Although a relatively new program, it remains to be one of the first of its kind, and serves a great deal of potential benefit for the company if all goes according to plan.

Key Takeaways:

  • Farmers Insurance, one of the nation’s largest multiline insurer groups, announced the launch of an innovative food truck policy, marking the company’s first foray into the growing food truck insurance marketplace.
  • Over the course of 2016, Farmers has introduced food truck insurance policies in a total of 29 states, with California being the last addition. The food truck policy is now available active in 29 states.
  • The innovative Farmers food truck policy will offer food truck owners the option to obtain coverage for their truck or a truck attached to the stand-alone store.

“Farmers Insurance, one of the nation’s largest multiline insurer groups, announced the launch of an innovative food truck policy, marking the company’s first foray into the growing food truck insurance marketplace.”

https://www.qsrmagazine.com/news/farmers-announces-policy-insure-food-trucks

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