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The #changing face of what kinds of #restaurants are dominant in #malls today. https://lnkd.in/g7kgzV3Q #business #hospitality #retail #retailstores #consumers #shopping #culinary #ronauerbach #ronauerbachmba Ron Auerbach, MBA #economy #demographics #sociology #tastes #preferences #eating #dining #eatingout #diningout

Dining on Roadkill: A Terrifying Encounter or Savory Surprise? Encountering a deer on the road can be terrifying, but have you ever thought about dining on roadkill? In this video, we explore the results of a poll that reveals how many people have actually tried this unconventional meal. Discover the demographics, opinions, and debates surrounding roadkill cuisine. Don't miss out on this intriguing discussion! #RoadkillCuisine #UnconventionalFood #WildGame #PollResults #FoodPreferences #DeerEncounter #RoadkillDining #ControversialDishes #UnusualCulinaryExperiences #FoodDebates

In a recent announcement, Wendy's revealed plans to implement surge pricing in response to fluctuating demand, a pricing strategy commonly used in ride-sharing and hospitality sectors. While this move may promise increased profitability for Wendy's, it raises pertinent questions about accessibility, affordability, and the broader implications for consumer behavior. Surge pricing has long been a contentious issue, often criticized for its potential to exacerbate inequalities and price out certain demographics, particularly during economic strain. What do you think about Wendy's new pricing strategy? #Wendys #SurgePricing #FastFood #ConsumerBehavior #PublicHealth #techlawyer #foodtech

Choosing the Perfect Location for Your Restaurant 🌟 Planning to open a restaurant? Here's a quick guide on how to choose the perfect location: 1. Know Your Target Market: Understand who your customers are. Are they young professionals, families, or tourists? Make sure your location is convenient for them. 2. Accessibility: Look for spots with good visibility and easy access. Check for ample parking or nearby public transport options. 3. Competition: Study the competition in the area. Are there already too many similar restaurants? Or is there a gap you can fill? 4. Foot Traffic: High foot traffic areas like busy streets or popular malls can bring in more customers. Observe the area at different times of the day to gauge traffic. 5. Local Demographics: Research the local population’s income levels, dining habits, and preferences. Choose a location that aligns with your restaurant's concept and pricing. 5. Safety: Ensure the area is safe and well-lit, making it inviting for customers at all times. 6. Lease Terms: Carefully review lease agreements. Consider the cost, length of lease, and any restrictions that might impact your business. 7. Future Growth: Think long-term. Choose a location in a growing neighborhood to capitalize on future development. Follow these tips to find a location that sets your restaurant up for success! 🍽️✨ www.experiencedesign.pro 1.917.816.1330 #interiordesign #commercialkitchensesign #restaurantdesign #bardesigner #commercialdesign #designrestaurants_newyork #coffeeshopdesign #restaurantdesigners #commercialkitchendesign #loungedesign

The report notes that, since 2021, the spread between inventories and sales has increased significantly for all of beverage alcohol. In May 2023, there was $1.71 in inventory for every $1 in sales. That dropped to $1.55 by September, but remains well above the approximately $1.25 to $1 level of 2021

Placer data offers valuable insights to investors by providing a clear picture of how companies like The Cheesecake Factory and BJ’s Restaurants are navigating challenging markets: 📊 Performance Trends: Placer’s foot traffic data shows which chains are outperforming competitors, offering investors a real-time advantage. 🎯 Consumer Demographics: It identifies the target audiences driving visits, such as affluent diners, helping investors assess long-term brand potential. 📈 Seasonal Opportunities: Placer highlights spikes during key holidays, guiding investors on seasonal patterns for better investment timing.

Experts would tell that a restaurant team who can deliver good quality #Consistent #Food and high quality service would result in a high #Customer #Retention which is absolutely correct ! but...What if : -A Place is constantly increasing #Prices ? -Not delivering a true #Value for what they offer . -New competition comes in place and exceed what this place offers ? -Place decor becomes outdated and owners no more spending on renovation? -Street works in progress and access isn't as easy to the place ? -Change in customer's demographics . All factors that would defeat the saying that only Good food offerings , consistency and good service would lead to #Increased #Revenues , as reality is more complex. The world, economy & Technology are on a very fast constant change , where rhe basics aren't enough to sustain a #Business and going outside the box plus putting different hats as owners are needed in order to keep your business floating . #Restaurant #Business #Continuity

I've been receiving a lot of questions about McDonald's CosMc's, so I decided to road trip to Bolingbrook to check it out myself. CosMc's new beverage and food items are getting a lot of publicity, but it's also an interesting test of potential drive-thru formats (four drive-thru lanes) and payment alternatives. It's too early to make definitive conclusions based on visitation data during this initial rollout phase, but it was also interesting to look at trade area size and demographics using Placer.ai's various datasets. Check out our initial impressions below (and if you like what you see, make sure to sign up for The Anchor, Placer's weekly executive intelligence report). #locationintelligence #locationanalytics #restaurants #restauranttech #newconcept #qsr

In the face of population migration trends, Nation's Restaurant News highlights the resilience and innovative spirit of restaurateurs in the Northeast, showing geographic shifts can't dampen the restaurant industry's creativity. The vibrancy of areas like Portland, Maine, and Jersey City illustrates that regions experiencing population shifts can also be hotbeds for culinary innovation, signaling a pivotal moment for industry leaders to reassess how location influences success. This movement presents a unique opportunity for restaurateurs to redefine dining experiences, capitalizing on emerging markets and changing demographics. #FoodIndustryInnovation #RestaurantGrowth #CulinaryCreativity

Introduction This data set is called the restaurant rating dataset which contains information about restaurants in mexico. A customer survey was carried out in this city in 2012 to collate information about each restaurant, their cuisines, information about their consumers and the preferences of the consumers. The Report consists of four pages imbedded in 4 buttons on the dashboard Consumer demographics Consumer analytics Restaurant overview Restaurant analytics full report here https://lnkd.in/dNxf27SV Digitaley Drive