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Technomic's Take

Technomic

This monthly feature tracks new and notable independent restaurant launches from around the country, as well as concepts that are exiting the industry. The goal is to showcase the creativity of operators across all segments and help readers follow their competition in specific markets. Send news of both openings and closings to Lisa Jennings at LJennings@winsightmedia.com.

Financing

Will surge pricing lead to a surge in revenue?

 By Lori Rakoczy on May 01, 2023

Technomic's Take: Many restaurant operators are considering dynamic pricing strategies. They should tread carefully.

Operations

Restaurants of the not-so-distant future are coming

 By Rich Shank on Apr. 17, 2023

Technomic's Take: Regulatory requirements, ESG goals and local weather patterns will be the key drivers of major innovation in these restaurants.

Operations

Exploring the gender 'energy gap' in dining decisions

By Lori Rakoczy on Apr. 10, 2023

Technomic's Take: Women are far more likely to say they order from restaurants because they don't have the energy to cook. Here's how operators should respond to that need.

Financing

An appreciation for Don Fox

By Rich Shank on Apr. 03, 2023

Technomic's Take: The outgoing chief executive of Firehouse Subs had an impact with his data-driven leadership and his willingness to be a mentor.

Financing

Eat a fine-dining meal in the car? It's more common than you think

By Rich Shank on Mar. 27, 2023

Technomic's Take: In assessing off-premises dining, there are some surprising results, including an increase in consumers eating meals from fine-dining restaurants in their cars.

Financing

As some commodity costs ease, should more restaurants lower prices?

By Lori Rakoczy on Mar. 13, 2023

Technomic's Take: Restaurants need to rethink their pricing strategy. While that may not mean lowering menu prices, there is one operator doing just that.

Financing

Restaurants were resilient yet again in 2022

By Rich Shank on Feb. 27, 2023

Technomic's Take: Large chain traffic growth is returning to pre-pandemic patterns, with expectations looking more like 2019 than 2021.

Financing

Are consumers getting used to higher prices?

By Lori Rakoczy on Feb. 21, 2023

Technomic's Take: Restaurant menu price inflation continues to tick up. But consumers are showing few signs of cutting back on eating out.

Technology

Grubhub makes the smart move toward restaurant direct ordering

By Rich Shank on Feb. 13, 2023

Technomic's Take: Relenting on fees and providing a restaurant direct ordering funnel may be a key stop in an evolution toward a unified third-party delivery ordering marketplace.

Financing

Inflation-weary consumers are snacking less often

By Lori Rakoczy on Feb. 06, 2023

Technomic's Take: Restaurant traffic during the snacking daypart plunged last year. How should operators prepare once diners come back?

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