In a fast-casual landscape that already features its share of upscale burger joints, BurgerFi seeks to squeeze into the little remaining white space with new franchisee agreements. We take a deep dive into egg prices, and how continued low price points for the staple impacts grocers and restaurants. Additionally, we discuss a tuna-related food safety issue, more Buffalo Wild Wings, and Kelly Investment Group’s potential deal to buy struggling Joe’s Crab Shack.
We begin the show by discussing Nutella—not because of serving size debates, but because their new concept restaurant in Chicago opened this week. We take a look at industry specials and promotions for Memorial Day before turning our focus to Colorado, who celebrated the six-month anniversary of a new retail liquor law and whose fast-casual chain Smashburger adds another protein option.
After a Pentallect report emerged showing independent restaurant operators scoring vastly higher in many consumer sentiment categories in comparison to their chain restaurant peers, we discuss what chain operators can do to counter this trend. Additionally, Cracker Barrel seeks to open more units on the West Coast, Golden Corral rolls out brunch, and trends at the Sweets & Snacks Expo.
Supermarket chain Weis Markets added stores through acquisition last year, and seeks to continue to do so…we discuss how their bolstered store portfolio affects their operations. Also, A&W shifts back into a growth mode and seeks new franchisees to help achieve more net new store openings, Wendy’s enjoys another positive earnings call, and an FSR group appears on the ledge of bankruptcy (or a sale).
Despite an increase in overall revenue, questions about after Shake Shack displays lowered same-store sales in the latest quarter. We discuss whether the company’s reasons for the declines are valid, and also address a generally positive earnings call from Wingstop, continued sales falloffs at Applebee’s, and a slight expansion plan at Ingles Markets.
With earnings season upon us, we start the episode by detailing what Arby’s is doing correctly, why Bloomin’ Brands is trying to open up capital, and what could potentially lead to a turnaround at BJ’s. Additionally, we take a deeper look at data provided by a study of Berkeley, CA following the implementation of a sugary drink excise tax, and what effects the tax may or may not have on retail outlets.
It’s a Food Focus episode of optimism, as a number of businesses look towards immediate growth. We begin with Chipotle, where same-restaurant sales crushed analyst opinions, and continue with McDonald’s, where All-Day Breakfast 2.0 appears to be working after all. We finish the show with two smaller operators seeking long-term expansion: R Taco and Papaya King.
Firehouse Subs rolls out a new line of smaller subs in an effort to appeal to calorie- and cost-conscious consumers. Meanwhile, kefir provider Lifeway funnels more money into marketing and product development, Chipotle raises prices at 20% of locations, and we address numbers suggesting restaurant growth may be slowing in the U.S.
We begin with the acquisition that had everyone in the food industry abuzz this week, as JAB seeks to purchase Panera for $7.5 billion. We also glance at earnings from Inventure Foods, an effort by Buffalo Wild Wings to sell some stores to franchisees, and with MLB Opening Day this week, a look around new and emerging food trends at ballparks throughout the country.
One of the largest chicken producers in the U.S. issues a sizeable recall, and we tackle whether or not it will affect chicken prices overall. Additionally, Checker’s/Rally’s is in the midst of another sale, a Pie Five franchisee takes Rave to court, and the latest from Darden’s $780 million bid for casual dining chain Cheddars Scratch Kitchen.