article thumbnail

Product Mix Analysis Drives Profitability and Revenue

Modern Restaurant Management

Location based technology has helped Chick-Fill-A scale to the top by identifying hot spots and customer needs to cater to them accordingly. Starbucks has grown more than 230 percent since 2011. Businesses are successfully optimizing their operations and broadening their profit margins with tech advancements.

Pricing 116
article thumbnail

The True Cost of Convenience

EATER

After two years of unsuccessfully trying to get diners to pay fair delivery fees, we had to pivot our business to corporate catering or risk failing. I couldn’t convince consumers back in 2011 to make the switch to a more equitable model for food delivery, and needed to transition my entire business to corporate catering just to survive.

Pricing 145
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why SDGs are High on Hotel Agendas for 2023?

Hotel Owner

For venues hosting events, this can mean having mandatory numbers for catering purposes, and a nominated food bank for leftover food. In 2011 Accor (who also operates Mantra Group ), identified 21 areas of business where improvements could be made, setting policies for measurable actions and goals. Creating seasonal menus.

Download 105
article thumbnail

Takeout Meal Subscriptions Are Helping Restaurants Find Stability in a Harsh Winter

EATER

Warmer weather, catering, and revenue from private parties could, in theory, help cover leaner seasons; however, something out of the ordinary, like a long-term street construction project or, say, a virus, throws this delicate system out of balance. At the higher end, Next in Chicago has sold “season tickets” since 2011.

Catering 126
article thumbnail

Dark Kitchen 101: Setting Up A Multi-Brand Operation

The Restaurant Times

This model caters to evolving customer trends with innovative menus, capturing a broad market, and increasing order frequency in the process. As there is no front-of-house at all, multi-brand cloud kitchens have evolved to cater to numerous audiences, each functioning under a separate brand.

article thumbnail

Empowered leaders: Female forces in hospitality and real estate

Boutique Hotel News

Beach Retreats, the group’s self-catering brand, is also expanding and recently completed its first acquisition in Cornwall which this year will be developed to create the brand’s first coastal aparthotel, blending the independence of traditional self-catering with the best of lifestyle hotels.

article thumbnail

A Day in the Life of One of Barcelona’s Secret Samosa Sellers

EATER

The Pakistani immigration surge began in the 1970s; as of 2011, half of all Pakistanis legally residing in Spain lived in Barcelona. Post-lockdown, when people were allowed to move more freely again, Rashid started an Instagram business , delivering his samosas and catering Pakistani buffets for groups of 10 or more.

Catering 111