Consumer Trends

Consumer trends, insights and preferences

Consumer Trends

The rewards of engaging in corporate social responsibility

Every business, regardless of size, should acknowledge its responsibility to the community as a whole. By doing so, you also attract the more socially conscious customer. According to American Express Market Brief, restaurant patrons are most concerned about working conditions and wages for employees and environmental issues.

Consumer Trends

Alcohol Consumption on the Rise

With the economic slump continuing and the already vast selection of beers, wines and liquors on the market growing in size and scope, it is no wonder that a recent Gallup poll indicates that the rate of alcohol consumption among Americans is at a 25-year high.

The Latino cuisine market is still seeing double-digit growth, garnered by the rapidly expanding Hispanic population in the United Sates as well as increased interest by non-Latino fans of the food.

The area’s freakish weather contributed to a 4.4 percent year-over-year decline in sales and a 5.9 percent drop in traffic for restaurants open at least a year.

Happy Hours have become a fourth daypart in many establishments, boosting food and beverage sales during the slower late afternoon-early evening time slot. With competition for Happy Hour customers heating up, Technomic's American Express MarketBriefing looks at the the factors that bring in traffic and keep guests happy.

When it comes to finishing off a meal with something sweet, most restaurants offer a menu of familiar favorites. But within those favorites, pastry chefs and dessert pros allow themselves to get a bit adventurous.

Catering continues to be big business for restaurants; as a group, they capture almost five times the revenue of retailers for off-site events—$19.3 billion annually versus $4.0 billion, reports Technomic’s recent Parties Off Premise study.

Among the items listed within CNN’s American Food: The 50 Greatest Dishes, the American comfort food landscape is spelled out in popular food items, ranging from a full Thanksgiving dinner to a side of tater tots; from Delmonico’s Steak to California Roll; from Chicago-Style Pizza to Barbecue Ribs; and everything in between. It is obvious reading through this list that although health is on the mind of consumers everywhere, comfort is still king.

"The Disruptors" is our examination of 10 factors that are rocking restaurants to their core and revolutionizing how operators do business for a decade, a generation or a lifetime.

A list of the 10 U.S. restaurants with the highest reviews on OpenTable underscores the differences in how critics and the public perceive restaurants.

  • Page 42