Restaurants continue to face challenges, including labor shortages, supply chain disruptions, and rising inflation, leading to increased bankruptcies. Industry experts predict continued struggles and stress the need for leveraging technology to survive.
Annie Ryu, founder of The Jackfruit Company and the jack & annie’s brand, is a believer in the health and sustainability benefits of jackfruit. As her brands are receiving significant investment, she’s focusing on partnerships to scale production and lower costs.
Although tap water in the U.S. is generally safe to drink, Americans don’t trust it: one report found only 41% of customers perceive their water safe. Consumers remain weary of water sources, leaving restaurant operators in a tough spot.
Starbucks maintains customer loyalty despite higher prices by offering personalized options like mobile ordering and customization. While consumers are sensitive to price, experts feel Starbucks’ focus on convenience and atmosphere helps sustain its growth.
