As the holidays approach and so does the possibility of a recession, there are mixed reviews on predicted restaurant traffic. Dining in restaurants is on the decline for people with lower incomes. In this year’s second quarter, one of four diners bringing in less than $45,000 per year didn’t eat out at all. That […]
Food bowls have become popular in recent years, with 35 per cent of Canadian restaurants now featuring either a savoury or sweet bowl option for breakfast, lunch, or dinner. Many consumers are looking for healthy, value-conscious meals, and food bowls fit the bill. Beautifully simple, bowls typically include a base, a protein, complementary toppings, and […]
Press Release Canadians don’t have to compromise on quality and taste when it comes to purchasing a value item with the launch of the new $4 Mighty Melts at Subway Canada. The sandwich collection is big on taste and features three varieties including seasoned chicken strips, 100 per cent Canadian turkey and 100 per cent […]
From the Winter 2017 issue of Canadian Restaurant & Foodservice News By John Clausen When it comes to the topic of innovation, there are many important factors about your business that can affect its future asset value. New technology like smartphone apps open up new ways to provide service that can enhance and add to the […]
New Technomic study reveals the latest trends and data to keep abreast of consumers’ shifting behaviours and attitudes toward soup and salad Press release Soup and salad combos adapt well to trends around healthy eating, snacking and seasonal ingredients, but value concerns increasingly deter sales, according to Technomic’s recently released 2018 Canadian Soup & Salad […]
By Greg Kells When you’re thinking about selling your restaurant, it’s important to remember that there are many different types of potential buyers for your property, each with their own perceived value drivers and different criteria. The value they see in buying your restaurant depends very much on the plans they have for the restaurant. […]
By Rafi Mohammed, Ph.D Pricing is one of the most powerful – yet underutilized – strategies available to businesses. Illustrating the power of pricing, using data from the National Restaurant Association and Deloitte Restaurant Industry Operations Report, if full-service restaurants raised their prices by just 1 per cent, and demand remained constant, on average their […]
