Specialty Segments to Supercharge Fast Casual’s Momentum

The fast-casual segment has had a remarkable run of sales and unit growth the past 10 years, enjoying broad success in familiar menu categories like Mexican, sandwiches and burgers. But the salad days for specialty fast-casual brands and their burgeoning segments—like build-your-own salad, Mediterranean, pizza and barbecue—are just beginning, and their development likely will sustain […]

Growth in Saturated Coffee Segment

The coffee café market is well saturated, especially thanks to segment leader—and leader of Canada’s foodservice industry as a whole—Tim Hortons. Coffee cafés will be forced to battle this market saturation by tapping into new strategies, including international expansion, retail product development and licensing, and new and expanded occasions. The last of these three is […]

What Wall Street Sees

To gauge what 2015 may bring, I’d like to explore the surge in IPOs, acquisitions and private-equity investments in restaurants. A closer look at the chains making financial news shows us where investors think industry growth will occur. At least in the short run, those who bought into restaurants’ initial public offerings in 2014 have […]

Mid-2014 Update: Glass Half-Full?

Following the abysmal winter, many adult beverage industry pros were looking forward to sales rising along with the mercury. We at Technomic do see improved performance as we move into late summer, but not the acceleration the industry hoped for earlier in the year. Crunching the numbers on the recently closed second quarter revealed that […]

Four Facts on Fast Casual for the Fourth

Ahead of one of my favorite holidays (who doesn’t love a holiday for which the staple foods are burgers and barbecue?), let’s pause for a look at some interesting facts about the still-fast-growing fast-casual restaurant segment—truly an American success story in its own right. Fast casual accounted for 15% of the $231-billion limited-service restaurant segment in […]

Full Speed Ahead for U.K. Full-Service Restaurants

Earlier this month, we looked at some of the U.K.’s fastest-growing limited-service restaurant segments, based on data from Technomic’s new Top 100 U.K. Chain Restaurant Report. Now, we turn our attention to those full-service chains that recorded the strongest sales growth in 2013. In contrast to the tepid 2.4% sales growth seen among leading U.S. […]

In Fast Casual and Beyond, Time for More Targeted Marketing

Generational differences absolutely influence consumers’ foodservice behaviors and expectations: Technomic’s research over the years has regularly confirmed this, and we’ll see it again in our soon-to-be-released 2014 Generations Consumer Trend Report. Millennials are more inclined to use mobile apps and payment at restaurants; matures are more likely to seek out lower-sodium and low-cholesterol menu choices; […]

A Look at the U.K.’s Fastest-Growing Limited-Service Segments

For the U.K.’s top chain restaurants, 2013 was a year of healthy growth, even if trade gains weren’t quite as robust as in 2012. The concepts that made Technomic’s 2014 list of the 100 largest U.K. chain restaurants (by U.K. systemwide sales) as a group saw sales rise 6.4% last year, compared with a gain […]

Canadians’ Favourite Chain Restaurants Are Sales Leaders, Too

Last week in Toronto, Technomic honoured winners of the 2014 Canadian Consumers’ Choice Awards. These awards recognize Canadian limited- and full-service chain restaurants that consumers rate as standouts in five specific areas of excellence: kid-friendliness, friendliness of service, craveability, availability of healthy menu options and social responsibility. Interestingly, looking at data from Technomic’s new Top […]

Fast-Casual Restaurants Continue to Outperform

Technomic has just released its preliminary data for the 2014 Top 500 Chain Restaurants Report, and fast casual continues to outshine the industry overall. Just one indication of that is a look at the top growth chains. Because it’s much easier for a small chain to show a large percentage increase, we look at large […]