Posts
Continued.
January
27, 2009
"Casual
and upscale restaurants are in a zone where they will
either flourish or possibly dissapear based on their
abilities to execute in their finest of ways.
High
touch service and genuine concern for the customer from
the first contact until departing is the new minimum."
January
20, 2009
"In
the past month, we have seen more than a 30% decline
in new restaurant activity year over year.
We
are in the midst of the current slow down. There is
evidence of record levels of reduced expansion."
December
1, 2008
"The
media would have us believe we are all eating mayonnaise
sandwiches for B,L & D that we made at home and
brought around in our brown (or plastic) bags.
Contrary
to media outlets inside and outside of this industry,
the reality is that people have NOT stopped eating out.
As we have
stated in previous months, people still go out to eat
frequently given reasonable price points of about $3-10
depending upon the meal day-part.
Just ask
the pizza, bagels, coffee and other QSR type locations.
Many will say same-store comparisons are up (year over
year) while many fast casual, casual and upscale restaurants
will state the opposite, except for Bar & Grill
concepts with a soul who are still doing good and even
brisk business."
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September
24, 2008
"Whereas
lower cost QSR restaurants rule the day, we are seeing
some signs of full service restaurant growth.
There are
some regional multi-unit and multi-concept chains who
are optimistically opening new stores."
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June 6, 2008
“Bar
& Grill concepts are making a resurgence where new
leaders are emerging.
The theme
is back to basics where everybody knows your name.
They are
providing just the right mix of service, food quality,
comfort and value.
We anticipate
years of growth in this area."
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June 4, 2008
"$8
is the new $6. Fast food and quick service meal averages
of $5-$6 and less are dominating the landscape for the
everyday meal.
Bagels, Pizza,
Coffee, Mexican, Wraps and all things QSR are staying
above water or improving their comparative sales."
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