Fast Casual Restaurants Dying?
25 de jun. de 2024 ·
54m 32s
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🫶 Subscribe NOW - Unlock a world of knowledge, innovation, and growth from the largest podcast network in food service! - https://www.savor.fm/ Over the past decade, the explosion of fast-casual...
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🫶 Subscribe NOW - Unlock a world of knowledge, innovation, and growth from the largest podcast network in food service! - https://www.savor.fm/
Over the past decade, the explosion of fast-casual restaurants has led to an oversaturated market. With thousands of brands competing for the same customer base, many need help differentiating themselves. This intense competition results in market cannibalization, where similar brands eat into each other’s market share, making it difficult for any single entity to thrive. This is highlighted by the failures of many high-profile brands in recent years. Barron predicts this is just the beginning.
fastcasual #genz #genalpha #restaurantbusiness
📈 Learn More ~  Restaurant Power Index featuring the top 50 brands' performance in consumer sentiment based on 12 performance markers in food, service, and overall brand consumer sentiment. The RPI features historical and current sentiment analysis for key brands based on the overall market sentiment data. Subscribe for weekly reports on the top brands in the restaurant industry. https://www.savor.fm/restaurant-power-index
mostra menos
Over the past decade, the explosion of fast-casual restaurants has led to an oversaturated market. With thousands of brands competing for the same customer base, many need help differentiating themselves. This intense competition results in market cannibalization, where similar brands eat into each other’s market share, making it difficult for any single entity to thrive. This is highlighted by the failures of many high-profile brands in recent years. Barron predicts this is just the beginning.
fastcasual #genz #genalpha #restaurantbusiness
📈 Learn More ~  Restaurant Power Index featuring the top 50 brands' performance in consumer sentiment based on 12 performance markers in food, service, and overall brand consumer sentiment. The RPI features historical and current sentiment analysis for key brands based on the overall market sentiment data. Subscribe for weekly reports on the top brands in the restaurant industry. https://www.savor.fm/restaurant-power-index
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