According to a new survey from Lending Tree, a staggering 80% of consumers now consider fast food a luxury because it’s so expensive.
The latest Food Institute news podcast touches on forecasts for a big year for fast-food drive-thrus, particularly in the morning.
“We focus on listening to our customers as well as being the best version of ourselves. Being intentional every day with how you approach your customers is key.”
The latest Food Institute news podcast touches on the promising outlook for alternative seafood through 2030.
This week’s Food Institute news podcast touches on the latest innovations featured at fast-food drive-thrus.
Average unit volume (AUV) speaks to a chain’s operational efficiency and overall success, indicating the average annual sales that a brand earns per restaurant—a reflection of how consumers feel about the brand itself. These are the top five highest-grossing fast-food chains in the U.S. by AUV.
No drive-thru? For nearly half of Americans, that’s a deal-breaker. New research shows that 47% of U.S. consumers would simply avoid going to a store that doesn’t have a drive-thru. And twice as many people …
The latest Food Institute news podcast touches on the rebirth of America’s buffet restaurants and much more.
Addie’s, a new drive-up grocery store, just opened its first location in Norwood, Massachusetts, where shoppers will never need to step foot inside.
The latest Food Institute news podcast touches on the latest in drive-thru technology, for both QSRs and grocers.
In a world of fast-changing consumer demands, the classic fast-food drive-thru window is evolving. From doubling lanes to fully digital menu boards, restaurants have made all kinds of improvements to the drive-thru service. With technology …
Much like remote working and zoom conferencing, long waits at the drive-thru line are a pandemic vestige that just won’t go away. And that’s causing line balk among consumers. As COVID-19 took hold in the …
A new food technology partnership is bringing 24/7 made-to-order pizza to automated drive-thru restaurant units around the country.
Chick-fil-A is testing an express drive-thru lane to speed up mobile order pick-up. The company calls its Express Drive-Thru model a “game changer” that will streamline the experience for its nearly 50 million mobile app …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the prospects of a looming recession, rising gas prices, and more. The Food Institute Podcast · FI Fast Break News – June 22, …
Hot dog stands and early hamburger joints had one thing in common besides the fries and colas: They were walk up counters where customers would place their orders and stroll off with food to be …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the growth of the specialty food market, and Coca-Cola’s unique new cocktail in a can. The Food Institute Podcast · FI Fast Break …
Vietnamese restaurants see potential in the fast-food category. Many American cities, such as Philadelphia, Washington and San Jose, California, are experiencing a surge of new Vietnamese restaurants, reported The New York Times (April 26). And Vietnamese restaurateurs are hoping to …
The drive-thru lane is no longer exclusive to fast-food chains. Applebee’s recently revealed it would be “aggressively” leaning into drive-thrus as it gets back to new unit growth, reported Forbes (March 3). The chain will …
From robots to scheduling software, restaurants are implementing all types of new technology into their operations of late. With so many new developments this year, The Food Institute decided to take a closer look at …
Chipotle’s online business soared during 2020, making up more than half of sales. With that, the digital boom is likely leading the company to consider more drive thrus and introduce breakfast options. DRIVE THRUS COULD …
With about 25% of restaurant locations expected to shut in the U.S., there has been huge growth in digital sales during the pandemic, according to the Limited Service Restaurant Digital Maturity Benchmark, 2020 report from …
Restaurant openings are returning to normal levels, but many are doing so with new formats, according to data from Yelp. Pandemic-friendly restaurants are opening, debuting eateries with features such as large patios, spaced out tables, …
Some restaurants are enforcing time limits to keep the numbers of visitors up during COVID-19 restrictions, reported The Wall Street Journal (Oct. 5). Two hours or 90 minutes are the preferred time limits. The idea …
Fast food may weather winter better than casual dining as the pandemic continues and flu-season arrives, reported MarketWatch (Sept. 21). Analysts are boosting their ratings and targets for fast food companies, in large part, due …
Food Institute Focus – Fast Food Business Model Pays Off
During the coronavirus pandemic, drive-thrus have become a crucial element for restaurants. In March, drive-thrus generated $8.3 billion across the fast food industry, an increase from $8 billion in sales over the same period in …
Food Institute Focus – Starbucks to Transform Store Formats