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Technomic's Take

Technomic

This monthly feature tracks new and notable independent restaurant launches from around the country, as well as concepts that are exiting the industry. The goal is to showcase the creativity of operators across all segments and help readers follow their competition in specific markets. Send news of both openings and closings to Lisa Jennings at LJennings@winsightmedia.com.

Financing

An appreciation for Don Fox

 Apr. 03, 2023

Technomic's Take: The outgoing chief executive of Firehouse Subs had an impact with his data-driven leadership and his willingness to be a mentor.

Financing

Eat a fine-dining meal in the car? It's more common than you think

 Mar. 27, 2023

Technomic's Take: In assessing off-premises dining, there are some surprising results, including an increase in consumers eating meals from fine-dining restaurants in their cars.

Financing

As some commodity costs ease, should more restaurants lower prices?

By Lori Rakoczy on Mar. 13, 2023

Technomic's Take: Restaurants need to rethink their pricing strategy. While that may not mean lowering menu prices, there is one operator doing just that.

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Restaurants were resilient yet again in 2022

Feb. 27, 2023

Technomic's Take: Large chain traffic growth is returning to pre-pandemic patterns, with expectations looking more like 2019 than 2021.

Financing

Are consumers getting used to higher prices?

By Lori Rakoczy on Feb. 21, 2023

Technomic's Take: Restaurant menu price inflation continues to tick up. But consumers are showing few signs of cutting back on eating out.

Technology

Grubhub makes the smart move toward restaurant direct ordering

Feb. 13, 2023

Technomic's Take: Relenting on fees and providing a restaurant direct ordering funnel may be a key stop in an evolution toward a unified third-party delivery ordering marketplace.

Financing

Inflation-weary consumers are snacking less often

By Lori Rakoczy on Feb. 06, 2023

Technomic's Take: Restaurant traffic during the snacking daypart plunged last year. How should operators prepare once diners come back?

Financing

Are plant-based meats a fad, trend or niche?

Jan. 24, 2023

Technomic's Take: The growth potential for alternative meats has always been more limited than many people thought. But they are not going away from restaurant menus, either.

Financing

Here is how inflation is affecting Gen Z’s restaurant use

By Lori Rakoczy on Jan. 17, 2023

Technomic's Take: Younger consumers are not cutting back because of higher prices. But they are looking for the right deal. Here's how operators should respond.

Technology

Automation is an attractive but risky business, so plan accordingly

Jan. 09, 2023

Technomic's Take: Artificial intelligence and automation have been all the rage since the pandemic. But the technology still carries risks.

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