Riding High: Data Shows LongHorn Steakhouse Ascending Among Casual-Dining Chains
LongHorn Steakhouse has become a prime candidate to unseat rivals like Texas Roadhouse as America’s preferred steakhouse.
Tag: placer.ai
$1.99 Sonic Boom Shakes Up Value Meal Wars
The so-called fast-food “value wars” are ramping up. First McDonald’s and Taco Bell tried to undercut each other; now Sonic’s $1.99 meal has taken things to another level.
Wild Results: Buffalo Wild Wings Promotion Pays Huge Dividends
The promotion, which started in mid-May, saw visits on Monday, May 27 increase nearly 56% compared to the average number of Monday visitors from the four months prior.
C-Stores Draw Market Share From Grocery, Retail
Casey’s and Maverik are highlighting breakfast while Buc-ee’s and Rutter’s are leveraging increased square footage and store footprints to drive sales and steal market share away from grocers and retailers.
McDonald’s Execs Promise to be Price Sensitive in Q2, as ‘All Income Cohorts Are Seeking Value’
McDonald’s Execs Promise to be Price Sensitive in Q2, as ‘All Income Cohorts Are Seeking Value’
Panera’s Menu Makeover Could be Start of Big 2024 for Fast-Casual Chain
With an eye towards efficiency (and, one presumes, improved profits), Panera Bread recently unveiled it’s largest menu revamp ever.
Webinar: The Future of Food Retail
Can Ghost Kitchens Be Resurrected?
Has the would-be darling of the pandemic-era – ghost kitchens – been resurrected by a partnership between Denny’s and Franklin Junction?
Small But Powerful: Retailers Turning to Smaller Formats
When it comes to the food industry, Kohen said food and restaurant retailers can take advantage of smaller formats in neighborhoods and lifestyle centers, providing a dining experience to the shopping journey.
Eatertainment is Winning the Dining Game
Eatertainment is the crossroads where dining meets entertainment, from arcade havens to upscale dining experiences. Find out why Eatertainment venues are outshining casual dining, even amid the economic challenges of 2023. Hear from experts like …
5 Retail Trends to Watch in the New Year
As the calendar turns toward a new year, many consumers continue to watch their budgets closely. And that factor is shaping retail strategies for 2024. “The average American family has eaten into the savings it …
3 Key Themes for Foodservice from DMA Live in Texas
Labor challenges, diverging dining hours, and burgeoning menus were among the foodservice themes explored at DMA’s event in Texas.
The Future of Restaurants: Data and Insights for 2024 and Beyond
What do consumers desire in 2024 when they eat out? Value and convenience, mostly, and though those are universal qualities most any time, an uncertain economic outlook and increased food prices have seen consumers slowly …
The Future of Restaurants: Data and Insights for 2024 and Beyond
The Early Bird Dinner Trend Is Sweeping the Nation
Consumers across the country are going out to dinner more often—and much earlier—than they were before the pandemic. Turns out, being an early bird isn’t all that special anymore. “Our data indicates that fine-dining customers …
How the Pandemic Reshaped Restaurant Real Estate
There has been a sizable population shift to America’s Sun Belt as well as its suburbs and rural areas in recent years. That fact has reshaped the nation’s commercial real estate, experts say.
Analysis: Why Sam’s Club and H-E-B Dominate Pharmacy Customer Service
The J.D. Power 2023 Pharmacy Study finds consumers prefer Sam’s Club to Costco when it comes to brick-and-mortar mass merchandiser pharmacies, and H-E-B to Wegmans and Publix when it comes to supermarket pharmacies. “As pharmacies …
Spice It Up: Burritos and Hot Chicken Are on Fire
Restaurant chains specializing in spicy offerings are gathering steam in 2023. Case in point: Dave’s Hot Chicken, which grew from two locations to 118 over the past few years, saw May 2023 visits increase 126.6% …
Prime Day Deals Could Spur Retail Revival
Amazon’s two-day Prime Day event starts July 11, and retailers are hoping it lifts the restraint consumers have been exhibiting since the beginning of the year. Call it Christmas in July. The annual sales orgy …
Private Label Can be a Stand-Out Category for Observant Grocers
Private label has become a major category for retailers: 59% of executives say they will continue to prioritize private label, while 21% say their private label efforts will be accelerated, according to a survey by …
Analysis: Why Coffee Remains Inflation-proof
Inflation is causing consumers to rethink spending in numerous ways. Coffee, however, is one category that remains untouchable. Coffee, after all, is an affordable luxury. “Despite cutting down on dining out or travel, you can …
3 Trends Reshaping Grocery
New research from analytics firm Placer.ai noted the steps that successful grocery chains are taking in 2023 to outpace the competition amid inflation.
Shrimp: The New Seafood Value Proposition
When it comes to seafood, shrimp is, well, no shrimp. While other seafood prices have been on the upswing since the pandemic era, shrimp prices have remained affordable and stable, providing value opportunities for savvy …
Dollar Stores Are Becoming Problem for Grocers
Shoppers flock to dollar stores, attracted by their low prices and convenience, but opponents say they harm a community more than help by taking sales from traditional grocery stores. In some cases, they can lead …
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The Future of Food Retail (2023)
The Inflationary Consumer: Fewer Trips but Bigger Carts
Consumers’ grocery shopping habits are changing as they grapple with inflation, leading to fewer trips but spending more during each visit. Between November 2022 and January 2023, average basket size rose 6% while number of …
Placer.ai Analysis Notes 10 Retail Brands on the Rise
New analysis from Placer.ai suggests Whataburger, Wawa, and Dave & Buster’s are among the top brands to watch in 2023, with all three gaining traction through expansion.
Placer.ai Exec: How Grocers Must Evolve in 2023
The grocery space has been upended over the past three years and leaders must face new challenges with patience, according to Placer.ai’s Retail Trends Forecast 2023 report.
Optimism Abounds for Foodservice Despite Recent Challenges
Despite some uncertainty about future challenges, restaurant operators, suppliers, and distributors remain optimistic about the future of foodservice.
Case Study: The Keys to Kroger’s Omnichannel Success
Grocery delivery is here to stay, but the option can be costly for grocers. Here is expert advice from fulfillment professionals on how to maximize profitability.
The Next Big Fast-Food Fight: The French Toast Stick Wars
On the foodservice battleground, the chicken sandwich wars are now giving way to … the French Toast Stick Wars. Wendy’s, Burger King, Jack in the Box, and Sonic are all offering French toast sticks now, …
4 Tips for Foodservice Operators Post-Pandemic
Foodservice operators have faced numerous obstacles during the COVID-19 pandemic, not the least of which is an unrelenting labor shortage. “I went to a local restaurant recently,” Patrick O’Reilly, principal at Marcum LLP said. “There …
The Restaurant of the Future
Placer.ai Exec Notes Retailers Becoming Media Networks
Retail media networks are emerging as inflation, shifts in consumer behavior, and increasing cost pressures change the future of food retail.
Concerns About Discretionary Spending Jolt Coffee Chains
Consumer concerns about discretionary spending pushed Dunkin’ Donuts and Starbucks traffic lower in June, new data show.
