MarkeTeam, Inc’s Post

Obviously, the big news of the week in the retail world when it comes to leadership changes. We are a big fan of what Chipotle has done with their "Chipotlane" concept and what the brand has done for customers over the years, so it will be interesting to see how the new CEO does! Niccol did some great things during his tenure. As a player working with some of the top companies in the retail space, we know that with great brands, there is never a dull moment and things change! As they say....when one door closes, a new one always opens. Good read on the change that will influence two premier companies. #retaildevelopment

Danny Klein, Editorial Director of QSR & FSR magazine, explains the essence of the franchise model, focusing on the critical role of the owner-operator. This discussion offers insights into the nuances of franchising– a revealing look at the structure that underpins many successful restaurant chains. Tune in to gain a clearer understanding of what powers these culinary enterprises. Crafting Stories in the Culinary World with Danny Klein. https://bit.ly/3PV7cNC

Chipotle Mexican Grill 🤝 Strava Feeling hungry after your run? If you're in the US this week, then you're in for a treat 🌮 Chipotle and Strava are partnering together to encourage and reward healthy habits this year. The Mexican-inspired restaurant chain has become the first brand to build a customised challenge and segments on Strava, which will reward athletes with a chance to win free products 🌯 But what is the reason for the partnership? According to a Chipotle running study, nearly 70% of their customers who are runners indicate that they are likely or very likely to eat Chipotle after training for a race. As more people are focusing on their health and wellbeing in the New Year, I think this collaboration is part of a smart strategy for Chipotle to attract health-conscious American customers and maintain its relevance in 2024. #sportsbusiness #partnerships

Andy Reid said prior to the Superbowl kickoff that this year the focus was on efficiency! I thought that was a profound insight that he realized that The Kansas City Chiefs’ 2023 success was built on a foundation of many efficiencies as they fight for inches on every play. This strikes a chord with us at Synergy Restaurant Consultants, where we believe that the key to thriving in the restaurant industry lies in mastering efficiency to optimize all aspects of running a profitable business. For restaurant owners, the connection is undeniable as we fight for pennies or small percentage increases. The same principles that propelled the Chiefs to victory can transform your business. At Synergy, we’re dedicated to helping you streamline operations and innovate, boosting your bottom line. If you’re ready to elevate your restaurant’s efficiency and drive success, let’s talk. Together, we can make your business a champion. Call Us Today If You Want To Run a More Efficient Restaurant: 949-500-1733 #Innovation #Efficiency #Success #KansasCityChiefs #synergyconsultants #restaurantowner #restaurants #foodservice #hospitality #businessowner

Do you know the difference between a decision and a choice? I shared this insight with a private client yesterday and it's been a game changer when it comes to her delegation, so I thought I'd share it here too. When you go out to a restaurant, and you sit and peruse the menu only to find that nothing is striking your fancy... you can leave. It is your choice to remain in that restaurant and eat there, or to leave and find another restaurant. Yet, whether you leave or not - you have made the decision to eat. Great leaders make decisions and let their team make choices. Game changer.

Andy Reid said prior to the Superbowl kickoff that this year the focus was on efficiency! I thought that was a profound insight that he realized that The Kansas City Chiefs’ 2023 success was built on a foundation of many efficiencies as they fight for inches on every play. This strikes a chord with us at Synergy Restaurant Consultants, where we believe that the key to thriving in the restaurant industry lies in mastering efficiency to optimize all aspects of running a profitable business. For restaurant owners, the connection is undeniable as we fight for pennies or small percentage increases. The same principles that propelled the Chiefs to victory can transform your business. At Synergy, we’re dedicated to helping you streamline operations and innovate, boosting your bottom line. If you’re ready to elevate your restaurant’s efficiency and drive success, let’s talk. Together, we can make your business a champion. Call Us Today If You Want To Run a More Efficient Restaurant: 949-500-1733 #Innovation #Efficiency #Success #KansasCityChiefs #synergyconsultants #restaurantowner #restaurants #foodservice #hospitality #businessowner

Love it or Hate it? A version of the 'Choco Taco' from Salt & Straw is coming to Taco Bell this summer. 😎 🌮 My husband legitimately asked me if it was April Fools Day already when he read this in the news. I can't decide if I hate this or love it but what I do know is that I have a HUGE amount of respect for the strategy for both companies. Salt & Straw gets unprecedented national exposure and the chance to feed artisanal ice cream to the masses. Not to mention, some serious revenue growth. (But were they able to maintain some margin per unit or is it just scale 🤔... ) Taco Bell brings in a new clientele while meeting their current clientele on common ground. They'll also bring fresh innovation and renewed interest to their historically lack luster dessert menu offerings with a seriously enticing treat. What do you think? Love it or hate it? Does this kill Salt & Straw's brand or launch it to new heights? 🚀 Can you still see it as artisanal or does the partnership make it seem too commercial now? Will this make you go to Taco Bell to try the new Chaco Taco? Yeah, I will too probably.... for the kids... 😜 #strategicpartnerships #strategicinnovation #strategy #marketing #businessconsulting #foodandbeverage

Breaking the Chain: Can First Watch Look and Act 'Local' While Expanding? 🏢 First Watch aims to expand to 2,200 units while maintaining a local company image and avoiding the perception of being a chain restaurant. 🥞 Their strategy involves designing each restaurant uniquely, relying on word-of-mouth instead of mass advertising, and prioritizing menu innovation. 💼 The leadership team meets weekly to ensure these objectives are met and to maintain a non-chain mentality. 🏢 First Watch has successfully converted acquired restaurants into unique locations and believes their approach will continue to work. 📢 They prioritize fundamentals over flashy marketing and are focused on creating comfortable environments for customers. 🥞 The company differentiates itself in the growing breakfast/brunch category by focusing on innovation, creating novel environments, and taking a long-term perspective. Check out the article: https://rdar.li/Bd8Dq9d #FirstWatch #TheEgg&I #growthstrategy #restaurantindustry #localcompany #differentiation #breakfastbrunch Seth Temko

Today on #NextGenInvesting, we took a tour around the restaurant space over the lunch hour discussing #CAVA's expansion into Chicago, takeaways from #CMG #Chipotle's earnings, and what to expect from next week’s #DPZ #Dominos earnings report. More via Schwab Network ~

The chicken segment is one of the most dynamic and competitive among the large restaurant chains in the U.S. And while Chick-fil-A continues to dominate and Popeyes is taking over second in the rank, there has been significant movement in the rank among other mid-size leading chains over the last ten years.   It goes to show that in the restaurant industry, you can never rest. Leaders are waking up to the realization that if they’re not growing fast they’re dying slowly.   Outgrowing and outsmarting your competitors requires using the power of long-term thinking and a dynamic mix of internal and external talent.   #restaurants #chicken #strategy