Virtual Currency: The Next Disruptor in Payments

Virtual currency, such as Bitcoin, is the next disruptor in payments. Adoption is on the rise and consumers want places to spend their bitcoin.

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Marco's COO predicts real estate pressure, higher prices for restaurants this year

Technomic research recently predicted that the $680 billion restaurant industry will see three percent growth in 2015. What else can industry leaders expect in 2015?

Limited-time offer, long-time benefits

Seasonal flavors are more popular than ever: Tehnomic reports that two-thirds of consumers said they’d be likely to order limited-time-offer foods that match flavors from the specific time of year

How QSRs are hitting on the customization trend

Forty percent of consumers consider menu variety to be extremely or very important to them when choosing a QSR, almost regardless of their age, gender, income or other factors.

Building genuine customer engagement in an Instagram world

Instead of exhausting yourself trying to change customer behavior, take the necessary steps to minimize the distractions cell phones can present.

How to fight rising food costs before they hurt your business

Shop around for food networks or buying groups, which offer better collective buying power.

What to consider when implementing a restaurant kiosk

A majority -- 88 percent -- of restaurant patrons indicate a preference for self-service technology at their table, while 12 percent indicated a preference for a kiosk upon arrival.

Executive round table: Quick-service industry leaders make their 2015 predictions

Localization, transparency and a healthy/indulgent spectrum are expected to accelerate in '15, as are mobile ordering and catering.

Is your restaurant green?

Even though going green may cost more than conventional items, consumers are willing to pay more for the opportunity; for them it is not an indulgence but a necessity.

QSRs shift models to 'go where the consumers are'

Mobile initiatives, bigger marketing budgets, franchising growth and unprecedented headwinds grabbed headlines this year for the QSR segment.

Sugar and spice and everything breakfast: 2014 on the menu

Breakfast, beverage and retail categories accelerated this year, while operators embraced meaty offerings, despite record-high protein prices.

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NEWS


Restaurant Performance Index remained elevated in January

The RPI – a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry – stood at 102.7 in January, which represented the fourth consecutive month above the level of 102.

Hot, spicy and smoked make up half of all socially shared flavors

The National Pork Board in partnership with Crimson Hexagon analyzed more than 30 million Facebook, Instagram and Twitter food posts with Crimson Hexagon's ForSight Tool to discover what makes up an American meal.

Researchers predict alternative proteins will make up one-third of market by 2054

Plant proteins, insects, algae, and synthetic biology sources may make up over 50 percent of the alternative protein market by 2054.

Nevada, Hawaii, Florida boast highest percentage of restaurant workers

States whose restaurant workforces represent the largest proportions of their overall employment include Nevada, with 16 percent; Hawaii, with 14 percent and Florida, with 12 percent. Nationally, the percentage is at about 10 percent.

Census Bureau releases hospitality industry data for Colorado, Hawaii

This release is the first for the accommodation and food services sector and covers Colorado and Hawaii.

January 2015 restaurant sales increase 7.4%, study says

Applied Predictive Technologies announced that in-store restaurant sales for January 2015 increased +7.4 percent year over year.

Restaurant Brands International to release 2014 results Feb. 17

Restaurant Brands International Inc. is set to release its full year and Q4 2014 financial results on Tuesday, February 17, 2015, with an investor conference call scheduled for that morning at 8:30 a.m. Eastern Time.

Panera, Chick-fil-A, Papa Murphy's receive Award of Excellence

Chick-fil-A took the No. 1 spot for excellent quick-service restaurant chains of the 148 ranked in the Sandelman & Associates Quick-Track 2014 Awards of Excellence study.

Dunkin' Brands reports Q4, 2014 fiscal results

Dunkin' Brands reported Q4 and 2014 fiscal year results.

Chick-fil-A, Starbucks, PepsiCo, Wendy's, McDonald's, Coca-Cola and Burger King rated on Harris reputation poll

Harris Poll released the results of its Reputation Quotient, which examined 100 companies, up from 60 the previous year.

McDonald's, Domino's named key vendors in delivery-takeaway research

London-based research firm TechNavio has announced the publication of a new market research report on the Delivery Takeaway Food Market in US.

McDonald's 'Pay with Lovin' a top scoring ad

McDonald’s ‘Pay with Lovin’ ad is one of the top-scoring ads for the 2015 Super Bowl, according to Ace Metrix advertising analytics.

Tech, choice among driving consumer trends for 2015, says NRA

It's not surprising that today's restaurant consumer expects restaurants to offer technologies which make the dining experience as frictionless as possible, and prefers restaurants whose offerings support what's important to them.

Where the jobs are: Arizona, Florida, Texas, Georgia, Utah

According to the NRA, Arizona is projected to post a close to 24 percent restaurant job increase and Florida and Texas each is projected to post over 22 percent gains over the 10-year period from 2015 to 2025. Georgia and Utah are expected to grow 21 percent.

Papa John's, Quizno's, Wendy's cited among brands with poorest sustainability practices

As You Sow, a San Franciso-based nonprofit organization that promotes environmental and social corporate responsibility, released a new report, "Waste and Opportunity 2015: Environmental Progress and Challenges in Food, Beverage, and Consumer Goods Packaging."

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Research the latest restaurant industry trends and statistics. Understanding the trends driving the industry and how to leverage that knowledge for future growth will keep you ahead of your competition.