FI Fast Break audio news: July 4, 2024
The latest Food Institute news podcast touches on Americans’ growing aversion to tipping, and other trending industry news.
Tag: CAVA
Investors See Cava as the “Next Chipotle”
Cava has intrigued investors, as CEO Brett Schulman has argued that Mediterranean food is the “next large-scale cultural cuisine category.”
Restaurant Chains Dominate Top 10 Fastest-Growing Retail Brands
Yelp has released its first-ever list of the 50 fastest-growing brands in the U.S. Restaurant chains dominate the top ten, half of which are “challenger brands” – businesses that are not market leaders but aim to compete by disrupting their industries.
IPOs and Inflection Points: Panera and Starbucks Brace for Change
They say when one door closes, another opens. That may very well be true, but for restaurant brands and their clientele, the wrong door can sometimes lead down a disastrous path – just look at …
Column: Loyalty Apps Becoming a Boon for Fast-Food Restaurants
One great benefit of loyalty programs is that they help businesses, like restaurant chains, build a relationship with a customer. To inspire consumers to join your program you can use price or other incentives.
Bowled Over: Bowl Chains Win Over Restaurant Goers
Juice It Up!, a restaurant chain focused on healthier-for-you offerings like super fruit bowls, has recently enjoyed a 38% sales surge.
Column: How to Retain Restaurant Workers in 2024
Scrolling through Indeed.com is an eye-opening experience. Every employer is trying to find workers because employees have a ton of options in 2023. I’ve worked with franchises for nearly 30 years, and labor has always …
Analysis: Why CAVA’s Revenue is Steadily Rising
The CAVA restaurant chain is killin’ it, seizing upon the growing popularity of Mediterranean food, as well as the build-your-own-meal concept. CAVA has officially announced plans to go forward with an initial public offering after …
Report: CAVA & Chicken Salad Chick Earn Rave Reviews
As inflation persists, it becomes more challenging for restaurants to lure customers. Nevertheless, new research shows a few chains are making strides when it comes to winning guests. Merchant Centric, a data analytics and reputation …