Restaurant franchises and chains are an economic investment that needs to be carefully studied. A potential investor or overseeing company should pay attention to the economics of the whole store and what contributes to their overall profitability. Often times the corporation becomes solely interested in how much revenue is being sent to them from franchises […]
Read More: https://premierfoodsafety.com/blog/what-restaurants-need-to-know-about-true-unit-economics/
A new trend in the beverage industry that is taking people by storm is the cold brew coffee trend. Many people are switching for the decrease in bitter flavors and acids. Although the method to make a cold brew coffee is simple, it is a time consuming process that takes over 16 hours. There are […]
Read More: https://premierfoodsafety.com/blog/cold-brew-remains-a-hot-trend-2/
Loyalty programs are a great way to retain current customers and encourage engagement with the business. Engagement means that the customer has an emotional or psychological attachment to the product or brand. This is very important in the restaurant industry. Loyalty programs can provide engagement if used correctly. Pizza Hut has been successful because their […]
For many restaurants today, it isn’t enough to just provide hungry customers their food, now it’s important that they provide their customers a dining experience that they will never forget. This is the world of today’s experience economy. Today’s young consumers want experiences instead of things and restaurants should adapt to these people by providing […]
Read More: https://premierfoodsafety.com/blog/10-ways-to-leverage-the-experience-economy/
An individual that chooses or is not able to eat meat it can be pretty difficult for them when they go out to eat for the evening. Most restaurants don’t have many vegetarian options other than salads to choose from. Luckily the restaurant industry has heard their concerns and are now allowing more options for […]
Read More: https://premierfoodsafety.com/blog/restaurants-encouraged-to-offer-more-meat-free-dishes/
Dan Orlando’s article, “Future of Food: Local will get more local” describes the growing trend of buying and eating locally produced foodstuffs. In contrast to many modern economies, it seems the local food economy is going in the opposite direction of globalization. Dan discusses in particular urban farming, where practices such as community gardens, hydroponics, […]
Read More: https://premierfoodsafety.com/blog/future-of-food-local-will-get-more-local/
In the food service industry, many companies are beginning to try to reduce the amount of secondary restaurants that the company runs and owns. Companies like Buffalo Wild Wings have even sold their small line of pizza chains recently. The reason behind companies selling off their side businesses is to get back to the core […]
Read More: https://premierfoodsafety.com/blog/faltering-restaurants-shed-secondary-concepts/
We live in a society of grab and go with everything, we don’t like to wait and patience is no longer a virtue that most have. Businesses are catering to that by allowing customers to order directly from their phones or by voice commands. That being said, it will make grabbing food or your favorite […]
Read More: https://premierfoodsafety.com/blog/why-the-biggest-brands-are-all-in-on-digital-ordering-2/
Restaurant owner Paul Miller has found that while fine wines and tasty ethnic dishes both have their appeal for consumers, more and more customers these days want innovation and versatility. In 2016 Miller closed his restaurant, named Paul’s Kitchen which provided fine dining and ethnic dishes from places as remote as India and Germany. Although […]
Read More: https://premierfoodsafety.com/blog/nra-show-report-operators-at-crossroads-of-reinvention/
Millennials appear to prefer chain restaurants over more traditional eateries. They enjoy the availability and readiness of what they want to order as well as the congruity in the establishments. Chain restaurants also work to engage this generation on social media and market to them. Also many chain establishments support good causes in the community […]
Read More: https://premierfoodsafety.com/blog/why-millennials-are-hooked-on-chain-restaurants/