Graeter's Ice Cream’s Post

Lots of buzz today about Papa Johns CEO Rob Lynch getting ready to make the jump to Shake Shack to replace Randy Garutti upon his retirement - mostly, people seem to be surprised by the move. And I can see why, because at a glance, what do QSR pizza and fast-casual burgers really have in common? But Joanna Fantozzi is here with this excellent analysis on why this transition actually makes a lot of sense. Check it out on Nation's Restaurant News.

Great read on Chick-fil-A's impressive growth - what a journey it's been since 1967! This fast-food titan has risen to become the third-largest restaurant chain in the U.S., and that's with fewer outlets and Sundays off! Their secret recipe? Stellar sales at $8.7 million per non-mall franchise annually. Chick-fil-A stands out not just for its numbers, but for its unwavering commitment to quality and customer service. Even with stiff competition from the likes of McDonald's and Popeyes, they've maintained a 45+% market share in the chicken segment. Definitely inspired by Chick-fil-A's strategic growth and consistent value delivery. They prove that sticking to your roots and prioritizing customer satisfaction can lead to remarkable success. Hats off to Chick-fil-A for their exemplary performance in the fast-food arena! #ChickfilA #FastFoodWins #BusinessGrowth

Brands like Freddy's Frozen Custard & Steakburgers continue to grow rapidly, with 500 locations and counting, while others like Cotton Patch Cafe, continue to stand the test of time, successfully operating for more than three decades. So what’s the secret to their success? We sat down with each brand's Chief Operating Officer to find out how they continue to overcome operational challenges to evolve and flourish. https://lnkd.in/eUyTpC7F #operationalexcellence #restaurantoperations #restauranttech #restaurantsuccess

From 1994 to 2014, my mother successfully managed the largest beer restaurant in our local county. In 2008, she crossed the $100,000 annual revenue mark, a milestone she had always wanted to reach. Her strategic decisions and business acumen during this time offer valuable lessons for business owners. Here, we delve into three key strategies that played a pivotal role in the remarkable growth of her establishment. 1. Social Goodwill Initiatives One of the cornerstones of our success was my mother's collaboration with the residential committee to enhance the community. By illuminating strategic locations with high traffic, we not only contributed to increased mobility and security but also significantly enhanced the business's goodwill perception. This engagement resulted in heightened word-of-mouth promotion, drawing more attention to the business and ultimately increasing patronage. 2. Strategic Expansion of Product Offerings Recognizing the evolving preferences of our clientele, my mother astutely expanded the restaurant's product offerings. After identifying a demand for items not previously available, such as alcoholic beverages and a variety of pepper soups, we conducted thorough market research to identify the most sought-after options. Subsequently, these items were strategically introduced to the menu in the following business year 3. Investment in Operational Resources To ensure the highest quality offerings, my mother made strategic investments in operational resources. This included the acquisition of a high-capacity generator to guarantee constant power supply, additional refrigerators to keep a more extensive range of beverages cold and readily available, and a focus on sourcing the freshest proteins. By combining these three strategies, my mother successfully transformed a local beer restaurant into a thriving establishment with a substantial increase in annual revenue. #businesssuccess #revenuegrowth #adaptabilityInbusiness

How are you driving restaurant business on Superbowl Sunday? 🦉 Hooters: Promoting pre-ordering, encouraging customers to watch the game in its restaurants, and offering a “spin the bottle” promo on Valentine’s Day for returning customers. 🥪 Potbelly, Jersey Mike’s, Subway, Buffalo Wild Wings and Raising Cane’s: These limited-service restaurants saw a more than 20% jump in Super Bowl sales in 2023, according to Consumer Edge data. 🐔 Fat Brands: The multi-chain operator expects to sell more than 1 million wings on Super Bowl Sunday across its concepts, which include Hurricane 🐔 🚬 Grill & Wings, Twin Peaks, Smokey Bones, Buffalo’s Café and more. The Fifty/50: The Chicago sports bar operator partnered with cannabis company Cresco Labs to create the first-ever THC-infused wing sauce, which can be purchased at select Sunnyside dispensaries in the Chicago area. https://lnkd.in/eyNNkM5G

Does menu pricing drive your dining decisions? Are you planning to go out more or less in 2024 compared to 2023? What’s the number one thing you look for in a restaurant when you have the opportunity to dine out? I’ve reviewed major guest survey trends, but I'd love to hear your personal insights. Please answer these questions in the comments below. No matter your price point or concept, awareness creates opportunities for different choices. When we choose, we can craft a pricing strategy that impacts both our guests and our bottom line. Jay Ashton, Canada’s Restaurant Guy 🔥🔥🔥 Monte Silva Scot Turner Christin Marvin Bruce Nelson Josh Kopel Shawn P. Walchef M #DiningTrends #RestaurantIndustry #MenuPricing #CustomerExperience #FoodService #2024Trends #ConsumerBehavior #GuestExperience #HospitalityManagement

Curious about expanding your restaurant brand into the retail market? Don't miss our free training session this Friday, May 24th, 10am PST where we'll explore how restaurants can leverage retail CPG strategies for business growth. Register today and learn from an industry expert! Register now: https://lnkd.in/gfujSQF6 #MenuToMarket #CPG #restaurants #growthstrategies #groceryindustry #grocerystores #grocery #cpgbrands #foodindustry #restaurantgrowth

A lot of plant-based companies have challenges with how restaurants position their products on the menu, which negatively impacts sales. We decided to put a mini guide together that can help educate restaurant partners with strategies to help solve this problem. I hope you get some value. If you want the guide, let me know and I will shoot it straight over. :-) #brand #brandstrategy

🍔𝗠𝗰𝗗𝗼𝗻𝗮𝗹𝗱’𝘀 𝗮𝗻𝗱 𝗞𝗿𝗶𝘀𝗽𝘆 𝗞𝗿𝗲𝗺𝗲 𝗧𝗮𝗹𝗸 𝗘𝘅𝗽𝗮𝗻𝗱𝗶𝗻𝗴 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽🍩 Krispy Kreme announced on Thursday ongoing discussions concerning the expansion of its partnership with fast-food giant McDonald’s. For over a year now, the two restaurant chains have been exploring consumer demand for doughnuts among Big Mac enthusiasts in selected McDonald’s outlets in Kentucky. By March, the trial had extended to nearly 160 restaurants across Louisville and Lexington, with the broader test aiming to gauge customer demand and the impact of a larger-scale launch on restaurant operations. McDonald’s has been capitalizing on the popularity of coffee, a frequent companion to doughnuts, in an effort to increase customer footfall. Meanwhile, it has scaled back on bakery items such as cinnamon rolls and blueberry muffins. Krispy Kreme, known for its fresh doughnuts, has managed to increase prices without affecting sales, as consumers appear willing to spend on such affordable indulgences. Read the full story > https://lnkd.in/enpNB6XH #McDonalds #KrispyKreme #Partnership #RetailWire #Retail