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Can Tech Solve Restaurants’ Slump?

Can Tech Solve Restaurants’ Slump?

Market Force Information has released its annual study of casual-dining brands, based on input from more than 9,216 consumers. There’s a lot of interesting data—including the naming of Cheddar’s Scratch Kitchen as these consumers’ favorite—and while none of it relates directly to burger-menu restaurants, which weren’t included, there is some information that might be useful […]

McCafé Is No. 3 Coffee-Shop Brand

McCafé Is No. 3 Coffee-Shop Brand

While eyes recently have been on its all-day breakfast and Big Mac, McDonald’s Corp. has been solidifying its position as a major coffee-shop operator. New data from researcher Euromonitor show that McDonald’s 5,044 McCafé shops represent the third-largest coffee-shop brand globally. These are separate McCafé operations, popular in Europe and other international markets but still […]

Brexit Slowing UK Restaurant Growth?

Brexit Slowing UK Restaurant Growth?

Britain’s Brexit vote (withdrawing it from the European Union) has been followed by a decline in entrepreneurial activity in the UK restaurant market over the past six months coupled with a slower rate of expansion for established restaurant brands, according to researcher Horizons. Horizons’ biannual “Ones to Watch” research tracks the growth of new brands […]

U.S. Restaurant Count Continues Slide

U.S. Restaurant Count Continues Slide

The total number of U.S. restaurants continues to decline because of continuing losses of independent locations. But independent burger-menu quick-service shops are accounting for very little of that decline. The Spring 2016 census from The NPD Group finds a 1% drop in the U.S. restaurant count to 624,301, compared with the spring 2015 census. Chain […]

Are Price Hikes Killing Lunch?

Are Price Hikes Killing Lunch?

Menu-price increases are eating restaurants’ lunch. Data from The NPD Group find that lunch, which accounts for 33% of foodservice traffic, has been losing customers for two quarters. The damage to the business is largely self-inflicted: NPD says consumers are being priced out of lunch, especially in fast-casual concepts. For the quarter ended in June, […]

Food-Away Spending Up; Visits Flat

Food-Away Spending Up; Visits Flat

Consumer expenditures on food-away-from-home rose 7.9% in 2015 (to $3,008), compared with just a 1.1% rise in spending on food-at home, according to the latest Bureau of Labor Statistics data. We know from chain quarterly reports that much of that increase came from higher menu prices, but, still, dining-out dollars accounted for a greater percentage […]

What College Students Want From QSRs

What College Students Want From QSRs

This fall, about 20.5 million students will be enrolled in U.S. colleges and universities, where they will encounter sophisticated and diverse campus foodservice options. Of course, that won’t keep them from occasionally visiting off-campus restaurants, where they’ll have strong expectations about taste, price and quality. A new study of college-student eating habits and expectations conducted […]

Nomura Sees McD’s Comp Sales Fading

Nomura Sees McD’s Comp Sales Fading

Nomura restaurant analyst Mark Kalinowski maintains both his Neutral rating of McDonald’s Corp. stock and his forecast for the chain’s Q2 same-store sales, which will be reported next week. But Q3 and Q4 likely will be more difficult, and the Grand Mac and Mac Jr. burgers aren’t likely to go national before early 2017, according […]

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