The short answer: NO. The staff here reads a steady diet of google news and specifically the “restaurant news” section on the web. We also watch shows like CNBC that provide the financial angle of things. An outfit called business … Continue reading Are strong minded independent, multi-concept operators taking over?
If you’ve read the multiple and now almost daily articles you would think the restaurant industry is falling to pieces. It’s far from the case. Certainly some full service chains that have been stalwarts over the decades have closed some … Continue reading Commentary- The restaurant industry is doing just fine, thank you.
Director of Data intelligence, Joe Dunbar and CEO, Keith Gellman will be presenting at the New York show March 5th at 10:30 AM. Current trend topics will include who is opening, who is closing in the restaurant business. What types … Continue reading Restaurantdata to present this weekend at the International Restaurant and Foodservice Show
The following graph shows restaurant openings over the last five years. We have only included restaurants that have waitstaff. This includes both fine dining as well as family/casual, less expensive dining. Both independent operators and multi unit chain locations are … Continue reading Sit-down Service restaurant growth over the past 5 years.
The following graph shows restaurants openings over the last five years. Included are quick service locations as well as fast casual locations. We have included both independently owned stores as well as multi-unit outlets.
Did you know about Poke cuisine? It’s a type of cuisine (a Hawaiian fish salad) and is currently trending in restaurants with names like: Ahi Poke Bowl, All About Poke, Aloha Poke and Big Island Poke. Over the past 2 … Continue reading New cuisine alert! Poke—the next Fast Casual trend?
Results from the Graduation Alerts Report for small and emerging companies: 1,311 restaurant chains with unit counts between 6 and 25 units are examined for growth each calendar quarter. Date Range: April 1st to June 30th 2016. Overall take on … Continue reading Editors Notes- Graduation Alerts Report and recent facts on New Openings
PREFACE There has been current press that discusses restaurant failures such as Don Pablo’s, Sweet Tomatoes and Cosi. Whereas these management failures are well documented and true, the survival and growth landscape of chains has never been better. Restaurantdata.com googles … Continue reading Demystified. Restaurant chains not closing in droves, Independents are.
All the talk of no tipping (let’s hope not quite all the way, yet) is ruining the Restaurant Business. Thousand of restaurants (more than normal) are closing. Most of us in the business agree that the health care laws and … Continue reading OPINION- The no tipping controversy is ruining the sit-down restaurant business.
Soon, we will be publishing real numbers by state of independent restaurant closings across the U.S. In the last half of 2015, there were more than 18,500 closings of independently owned restaurants (total universe evaluated- 385,000 locations) within their last … Continue reading Independent Restaurant Closings are way up in the first half of 2016.