188. Labor Situation Brewing in Foodservice With a Dramatic Impact on Restaurants
Sign up for free
Listen to this episode and many more. Enjoy the best podcasts on Spreaker!
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
Today's weekly wrap dives into the trends and stats for the current labor situation brewing in foodservice with a dramatic impact on restaurants based on new consumer data analysis from...
show moreTweetable Data Points
Foodable Labs Data:
-229K restaurants permanently closed during COVID19
-Over 1.3MM jobs lost
-62% of millennials that were in the industry have gone outside the foodservice sector for work
-Tech challenged restaurants to make up over half of the landscape in 2022
-Fastest growing sector - fast-casual up 13.4% new openings in 2021
-120+ new concepts in fast-casual in 2021
-35% of consumers are choosing to eat out less due to rising prices - the largest demographic is millennials
I also breakdown the Doordash global expansion and what this could mean to the restaurant business. Along with the evolution of ghost kitchens being launched by Inspire brands, a little late to the party but definitely, one to keep your eyes on for growth in multi-concept ghost kitchens.
Wrapping up with my latest insights on the Panera Bread IPO and why this could be a very good thing for Panera in a time where the market is looking for a big leader on the technology front.
Information
Author | Rever Networks |
Organization | Rever Networks |
Website | - |
Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company