Informa Podcast Network

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4 dgn geleden

How growth chains adapt to a changing restaurant market

How does a growth chain break into a competitive restaurant market? This week’s episode of the Restaurant Business podcast A Deeper Dive features John Abdo, the CEO of the 11-unit, Minneapolis-based chain My Burger. We spoke with Abdo at the recent Create conference in California, an event hosted by Restaurant Business parent company Informa Connect that is targeted at growth restaurant brands. We wanted to get the perspective of a growth chain dealing with the various challenges the current industry operates in. Beef costs are soaring, the industry is competitive, and finding new locations isn’t easy. We also get the story of an interesting, family-owned company and how it thinks about expansion, including strategies for new locations, and where the chain is planning new restaurants. We’re talking growth on A Deeper Dive so please check it out.
5 aug

An interview with Sysco CEO Kevin Hourican

Why is Sysco buying Restaurant Depot? This week’s episode of the Restaurant Business podcast A Deeper Dive features Kevin Hourican, the CEO of the giant distributor Sysco. We asked Hourican to be on the podcast to talk about Sysco’s $29 billion proposal to buy Jetro Restaurant Depot, the cash-and-carry provider of food to restaurants. It’s a big deal that will make Sysco both the biggest distributor and biggest retail provider to restaurants. Some independent restaurants have called on the FTC to block the deal, saying it will be bad for competition and for independent restaurants. We ask Hourican about this, about why Sysco wants Restaurant Depot and what the company’s plans for the retailer are. And we talk about the state of independent restaurants and why at least some of them may be doing well in this market. It’s a big episode this week so please check it out.
5 dgn geleden

Cava, Domino’s, Jimmy John’s/Buffalo Wild Wings Go

Cava had a pretty strong second quarter. Domino’s new product is targeting solo diners. And Jimmy John’s and Buffalo Wild Wings Go are opening a restaurant together.
4 dgn geleden

Chili’s, Taco Bell and Chick-fil-A

Chili’s hot streak continues. Taco Bell leans into Tajin. And Chick-fil-A is tapping waffles.
10 aug

Wendy’s, El Pollo Loco, Sweetgreen

Wendy’s sales took another big hit last quarter. El Pollo Loco’s tenders might become permanent. And Cyclospora has thrown a wet blanket over Sweetgreen’s hopes for recovery.
5 aug

Salad and Go, McDonald’s, Dine Brands

Salad & Go has said its final goodbyes. McDonald’s journey to 50,000 restaurants will take longer than expected. And Dine Brands had a mixed Q2.
5 aug

McDonald’s, Dave & Buster’s, food safety

McDonald’s is bringing in new leadership for its now-struggling U.S. market. Dave & Buster’s is also making changes at the top. And another food-safety investigation is underway.
29 jul

An innovative new strategy for financing restaurant growth

How does a restaurant operator get expansion financing without a personal guarantee or selling equity? This week’s episode of the Restaurant Business podcast A Deeper Dive features Michael Davis, the founder and CEO of Homegrown Financing. Davis has an interesting story. He watched his parents struggle to get financing to scale their business. He ultimately devised a strategy to provide financing for growth based on a company’s revenue. The system is not a short-term strategy such as a merchant cash advance and is designed for expansion. Davis tells his story and explains the strategy. We talk about several other topics during the podcast, including the overall challenges restaurant companies have in securing financing.
4 aug

Domino’s, Red Lobster, Popeyes

Domino’s is offering incentives for feedback on its app. Red Lobster’s former owner says Endless Shrimp was not its fault. And Popeyes’ upgraded chicken tenders are back in the spotlight.
20 mei

What is wrong with the pizza market?

Why are fast-food pizza chains struggling? This week’s episode of the Restaurant Business podcast A Deeper Dive features Robert Byrne, senior director of consumer research with Technomic. Byrne and I spend the entire time discussing the state of the pizza market. Fast-food pizza chain sales declined last year, and fast-casual pizza chain sales declined even further. We look at the factors behind that decline, including the growing competition from third-party delivery, pressure on lower-income consumers and other factors. We also discuss where pizza customers are visiting instead. We’re talking pizza on A Deeper Dive so please check it out.

Covering restaurants, grocery, food service, and convenience stores.