Texas Roadhouse

Rising beef prices pushing burger ingenuity

Faced with climbing commodity costs, operators can find opportunity in creating innovative offerings centered on unique, customizable add-ons, Technomic says.

Consumer Trends

7 key consumer types

As consumers become more diverse and complex, it’s wise to look beyond traditional demographics—to understand behavioral patterns and attitudes—to help meet their needs and win them over.

Beef consumption is expected to grow for the first time since 2006.

Despite the rising cost of beef in 2015, steak continued as a leading full-service segment within the 2016 Top 500 ranking. The menu category’s sales are up 6%.

With new outlets providing less of a return, operators are directing capital elsewhere.

According to the report, analyst Jason West said in a note to investors that unlike other outbreaks, such as SARS and avian flu, which were centered in Asia,...

With many commodity prices hitting new highs and food costs overall expected to rise by 3 percent to 5 percent this year, many operators recently raised the white flag in their battle to hold the line on menu price increases.

Millennials are the most reliant on foodservice of all generations, finds Technomic. They also drive off-premise dining, including takeout and delivery.

How do you spell “opportunity”? Nontraditional locations, self-service catering, pop-ups, trucks, kiosks, retail products—that’s how.

The three were selected for IFMA's Silver Plate award, making them in effect finalists for the industry's operator of the year honor.

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