Tag Archives | forecast

Restaurant Indusry Insider 3/6/2011

This week a report from the NPD Group seems to be making all of the headlines.  This in depth analysis of the restaurant industry as a whole has made its way to the desk of every reporter covering restaurants in the country.  It doesn’t paint a pretty picture of the industry.  It shows that the […]

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Restaurant Industry Insider 2/5/2011

Each week, I write a column entitled “Weird Restaurant Stories” for another site in The Hospitality Formula Network.  This requires me to search through hundreds of headlines to find the strangest stories to occur in restaurants during the past week.  This is generally light hearted reading designed to entertain.  During this search I also run […]

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Independent vs Corporate Restaurant Priorities

This morning I read an article regarding the rising costs of food and how restaurants will respond.  In the article former server Charles Ferruzza finds a pair of local restaurant owners who say they will refuse to raise prices to compensate for the increase in costs.  The owners discuss absorbing the costs themselves or reducing […]

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Aspirational Dining in a Recession

(Note: In the previous post I defined the growing market segment of “aspirational dining” restaurants.  This is valuable background to this post and merits a read.) What sets the “aspirational dining” market segment apart was their creation of the perception that their food cost more because it was worth more.  This perception is what made […]

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