The importance of social media for your business
November 17, 2016
The TouchBistro VIP Community is an online community of restaurant owners and operators who use TouchBistro iPad POS for their business. These customers can network with others in the restaurant industry, submit product feature requests, get sneak peeks about latest product updates, learn tips and tricks for using TouchBistro, and more. Here are a few of the ...Read more about this postNavigating the new space of social media ads: Facebook, Twitter and Instagram
November 10, 2016
By Sean Beckingham When almost everything we do is shared online and more hours are spent in front of a tablet or computer screen than TV, there’s never been a better time to advertise on social media. However, with the rapidly changing nature of these platforms, it’s hard to know where to begin and where to ...Read more about this postWorld Class: The future of cocktails
September 29, 2016
Press release From controversy cocktails to drinks with feelings, the future trends from the world of cocktails. WORLD CLASS: Future of Cocktails report explores how we will be drinking in decades to come Cocktail culture is booming and showing no signs of slowing, with forecasts showing that by 2020, there will be 400 million new consumers drinking luxury spirits. Historically cocktails were ...Read more about this postIs your restaurant making at least 15 per cent profit?
September 1, 2016
By David Hopkins When I named our company The Fifteen Group in 2001, it was because we believed that any decent restaurant should make at least 15 per cent profit on sales (or potentially more, under the right circumstances). We still stand by that viewpoint today, however if I were naming the company now, it might ...Read more about this postThe changing landscape for foodservice in Canada
August 2, 2016
By Mark Dempsey When was the last time you visited a quick-service chain, a sit-down restaurant, or a supermarket? Depending on your answer, it may or may not come as a surprise to you that total traffic to the Canadian commercial foodservice marketplace was flat this last year versus the year before. While traffic is down, dollar ...Read more about this postRestaurant concepts to watch for May
April 25, 2016
By Kristin Menas In our first ever ‘concepts to watch,’ we highlight three restaurant concepts that are making an impact on Canadian diners. These original eateries use social media to their benefit, are positioned as fast-casual and offer guests unique experiences. Here’s a look at our top fast-casual restaurant concepts. Mandy’s Instagram: 5,797 followers |Facebook: 4,710 likes Locations: 3 ...Read more about this postRecovering visits from vegetarian customers
September 29, 2015
By Emma Hyatt In a mature Canadian foodservice market, I’ve seen many operators successfully carve out traffic and/or cheque growth with a regular program of menu innovation. Some of the best success has been around launching new types of burgers, chicken sandwiches and breakfast items. However, the supper daypart and other types of mains continue to ...Read more about this postSeafood, vegetarian & vegan options provide healthy alternatives and minimize the veto vote, Technomic finds
July 27, 2015
Press release While chicken still holds its status as the centre-of-plate star for both consumers and operators, demands are shifting. More consumers are looking past poultry to seafood, vegetarian and vegan options. Utilizing proprietary intelligence and exclusive consumer data, Technomic’s Canadian Centre of the Plate Consumer Trend Report identifies and analyzes menu and consumer trends impacting ...Read more about this postTop chains and niche concepts open units while independent operators experience unprecedented store closures.
March 31, 2015
Last year, the Canadian restaurant footprint shrunk at a rate never before seen by The NPD Group Canada. Our ReCount® service has been tracking restaurant unit openings and closures since the turn of the century. From 2000 through 2008, the restaurant industry averaged annual unit openings of nearly 1,400 stores a year. After the recession that ...Read more about this postThe steady increase of off-premise traffic to restaurants
January 9, 2015
People are starved for time. They have less time to cook, or don’t want to cook. As a result, off-premise traffic to restaurants has steadily increased in recent years. 10.6 million Number of off premise orders on a typical day (2013) -0.2% Growth in meals and snacks eaten on premise between 2008 and 2013 2.7% Growth in meals ...Read more about this postSpending at restaurants in 2014
July 10, 2014
Budget squeeze: Spending at restaurants in 2014 July 10, 2014 Spending at restaurants is largely determined by household budgets, which are being squeezed by modest disposable income growth and rising household debt. $27,743 Average household debt (excluding mortgages) in 2013 $28,853 Average household debt (excluding mortgages) in 2014 164% Total debt as a share of disposable income in 2013 87% Total debt ...Read more about this postSeven industry experts look ahead at this year’s foodservice trends
March 31, 2014
Kim Collishaw: The gourmet ice cream sandwich is going to be huge this year. Not just two cookies with a scoop of ice cream. I’m thinking homemade chocolate wafers with a good quality interesting ice cream made with a hot new ingredient, like caramelized white chocolate, then dipped in toffee, chocolate bits or toasted nuts. ...Read more about this postHere are some quick stats and facts about restaurants and tourism
September 5, 2013
Tourism tally: 12 quick stats and facts about restaurants and tourism Septebmer 5, 2013 Share of operators that said that declining tourism had a negative impact on their business (Q1 – 2013): 23% Domestic tourism spending at restaurants (2000): $5.0 billion Domestic tourism spending at restaurants (2012): $9.4 billion Foreign tourism spending at restaurants (2000): $2.9 billion Foreign tourism spending at ...Read more about this post2013 economic forecast for the restaurant and foodservice industry
January 21, 2013
Economic look aheadJanuary 21, 2013 With foodservice sales closely tied to key indicators such as gross domestic product, personal disposable income and unemployment rates, here’s a look at the 2013 economic forecast: United States real GDP growth: 2.0% Canada’s real GDP growth: 2.0% Canada’s disposable income growth: 3.6% Average household debt (including mortgages): $114,400 Province with the strongest economic growth: Alberta ...Read more about this postSix consumer demographic and buying trends
July 17, 2012
By Diane Chiasson The world is changing quickly, as are the demographics of consumers with the most spending power, as well as their buying habits. This means that your restaurant operation needs to change and adapt as well in order to be successful. Diane Chiasson, FCSI, President of Chiasson Consultants Inc., a restaurant and foodservice consultancy firm ...Read more about this post