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Amid charts and data on the continued growth of the fast casual segment, some counterintuitive research was unveiled at the Fast Casual Trends and Directions Conference in Dallas this week. The hallmark of the fast casual segment has always been the sweet spot it claims: better than QSR, not as expensive as fine dining. But according to Technomic research, consumers are not seeing such a big difference between fast casual and QSR.
Dunkin’ Donuts and Baskin-Robbins have joined a consortium of retail businesses that’s developing a standard way for consumers to pay for purchases with smart phones.
We’re in tough economic times. Consumer confidence is down and food costs are up. Everybody is looking to squeeze more money out of their operation. Most look to catering or adding a daypart. According to the FBI, Amado “Mayo” Pardo, a restaurant owner in Austin, Texas, ran a heroin ring.
The seat assigned to Frank Steed at the Republican National Convention was reported by Bloomberg News to be the worst in the 21,000-person arena. But a blocked view didn’t stop the restaurant-chain veteran from seeing plenty the TV cameras overlooked.
The formidable Duane Reade drugstore chain is stepping up its challenge to restaurants by including a made-to-order salad station in its latest store. The Upmarket Chop Salad Bar is similar to Chop’t, SweetGreen, Fresh, and the other concepts where convenience-driven customers move down a line, specifying what ingredients to spoon into a bowl of salad that’s finally tossed or chopped and packaged for takeout.
Barilla plans to put its name on a new chain of Italian restaurants in the United States as part of a plan to boost pasta consumption on this side of the pond, according to the CEO of the food company. Guido Barilla told The Wall Street Journal that the concept would be launched next year. He did not reveal the exact name or type of service the venture would sport.
There is a lot known about the new health care law, but there are still some rules left to be sorted out. Regardless, there is enough known that many in the industry are concerned. Here's how some of your peers are responding to reforms: Jeremy Merrin, Havana Central: Merrin is the owner of Havana Central’s three restaurants in New York City, which employ a total of 350 people. He plans to open a fourth on Long Island in the coming months.
Rocco’s Ristorante & Pizzeria is an institution in the Encina Grande Shopping Center in Walnut Creek, California. The 13-year-old restaurant anchors a space filled with five other restaurants, including an Applebee’s, Taco Bell and Papa Murphy’s. But owner Rocco Biale doesn’t sweat the competition. He welcomes it.
If there is a "Mr. Johnny Rockets" within the Johnny Rockets' system, it's got to be Lloyd Sugarman. A co-founder turned independent franchisee—one of the first to sign on when the 25-year-old chain began franchising—Sugarman lives and breathes the brand and has been one of its most innovative and energetic agents of change.
In some regards, the Supreme Court decision of June 28 changed nothing about the politics of Obamacare, say foodservice lobbyists. The Patient Protection and Affordable Care Act continued creaking forward, towards its rendezvous with 2014, when many employers will have to insure their workers or pay a penalty.
In easy-to-swallow decision-tree form How to calculate full-time employees You don’t have to insure your part-time workers—defined as less than 30 hours a week—but you do have to include them in calculating your number of full-time workers. Here’s how: Take your total part-time hours in a month and divide by 120. Then add those “full-time equivalent employees” to your actual number of full-time employees.
“The way [the health-care law] is written, it's a death sentence for small business and a huge blow to medium- and large-sized chains and franchises." That's John Kunkel, founder and CEO of 50 Eggs Restaurant Group in Florida.