Topping 50 Billion Downloads and Streams, Apple Podcasts Just Reached an All-time High

Topping 50 Billion Downloads and Streams, Apple Podcasts Just Reached an All-time High

Podcasts have become one of the easiest ways to consume content on topics like what consumer trends drive restaurant growth or strategic partnerships to help grow your business.

Since launching in 2005, Apple podcasts alone has roughly 525,000 active shows.

Read More

Google-Backed, Veggie Milk Could Have Lowest Eco-Footprint in Dairy Industry

Google-Backed, Veggie Milk Could Have Lowest Eco-Footprint in Dairy Industry

You’ve heard of alternative milk made from soy, almond, coconut and rice… but have you heard of a plant-based milk made from yellow peas?

That’s right!

Ripple, a startup backed by $44 million from Google and venture capitalists from Silicon Valley is selling alternative milk that not only has a clean taste, but also has just as much protein as that made from cows, reports “Bloomberg.”

It’s perfect timing since Foodable recently reported that there may be a milk shortage, or at least a milk price hike, due to globalization.

Alternative milk might just be the solution, especially if it’s eco-friendly and high in protein.

Read More

Missed the Fast Casual Nation Documentary? Watch it Now on Amazon

FCN Doc Amazon Poster

This week, Foodable Network released its first documentary— Fast Casual Nation: Changing The Way America Eats, on Amazon.

The full-length documentary, narrated by the network’s CEO and Executive Producer, Paul Barron, begins by exploring the food landscape that led to the birth of fast-casual concepts across the country.

“You had casual dining, you had fast food and that pretty well defined food service. Sit-down experience: you tipped, the service, longer wait times. Restaurants doing great sales volumes and then QSR, fast food. Nothing in between,” said Firehouse Subs’ CEO, Don Fox.

Modern Market’s CEO, Anthony Pigliacampo believes fast casual could not have happened if it wasn’t for the fast food segment teaching consumers how to eat out multiple times a week over a span of 30 years.

“I think what’s really happening is consumers are finally saying: 'Wait a second, I really need to eat out all the time because of my lifestyle. I’m a busy modern person, I need to eat out'... And we think that’s how consumers view fast casual and it is the fuel that enables them to have this modern lifestyle,” explained Pigliacampo.

Millennials, of course, are a big driver of the fast casual sector and with this generation growing up in a world where technology, food customization, and social media have all collided, it created the perfect storm to drive this food sector to new heights.

Fast+Casual+Nation

"This is a part of my life's work to explore the future of food. Fast casual is and will be a part of that future that is shifting in a big way today.  This documentary is the first step in a mission that is designed to help the restaurant business shift into what will be the next generation of food.  Fast casual is on the threshold of being a catalyst of how food and restaurant operations will flourish in the next 20 years,” said Barron, who has over 25 years of experience in the industry.

The film also touches on how some restaurants were able to survive the 2008 recession by getting creative with real estate, the changing attitudes of the consumer towards healthier options, and how traditional culinary professionals began moving into the fast casual space in order to make thoughtful food more approachable.

"It is clear that you cannot create a market, what happens is you can understand and see things in a different way. Understand how the consumers respond and then respond to it,” said Ron Shaich, founder of Panera Bread.

Fast Casual Nation: Changing The Way America Eats is not just a film for restaurant industry professionals. It’s a documentary where anyone from the business world, film world or even foodies can learn something from and enjoy!

Amazon Prime members can watch the film for free as long as they have an active account. Non-members can rent the high-definition movie for $2.99 or buy it for $9.99.

Shake Shack: Where Are They Now?

Last week, news broke that Shake Shack CEO, Randy Garutti is joining the Board of Directors for mobile point-of -sale company, Square. Previously focused on credit card payments, Square is expanding into employee management software with an emphasis on retail and hospitality, making Garutti a great addition to its board.What makes Garutti an asset for Square’s new hospitality direction? Well, first of all, Garutti has been in the hospitality industry since he was 13 years old, serving up bagels at a shop in New Jersey. Since then, he’s done everything from waiting tables to traveling abroad and studying different food cultures. He has a degree in hotel and restaurant management from Cornell University. But perhaps what is most impressive is the fact that Union Square CEO, Danny Meyer gave Garutti his stamp of approval after only a 45-minute-long chat about Garutti’s passion for the industry.

"I saw a guy with more enthusiasm in his little finger than most people have in their entire body, and he was oozing love for the restaurant business, especially fine dining restaurants," Meyer told The Street.

Garutti worked his way up to Director of Operations for Union Square after only five years with the company. In 2001, he helped Meyer launch a hot dog cart in New York City as part of an art exhibit in attempts to help revitalize the area. The team had no idea that it would later become Shake Shack, a fast casual burger company with more than 130 locations worldwide.

So how did this billion-dollar burger empire grow? After a few years, the hot dog cart in Madison Square Park had become so popular that when the city began taking bids for a permanent kiosk-style restaurant within the park, Meyer immediately began sketching his idea for the space on a paper napkin (which Garutti still has to this day.) It was around this time Meyer asked Garutti to take over the new company as CEO so he could focus on other facets of Union Square Hospitality. The first official Shake Shack opened as a permanent establishment in Madison Square Park in 2004 and is now the most iconic location for the brand.

screen shot 2015-06-10 at 5.10.17 pm.png

Danny Meyer sketched out the idea for Shake Shack on a napkin

Shake Shack

Shake Shack

One ‘issue’ with the first location was the increasingly long lines. To combat that issue, the Shake Shack team decided to open a second location in the Upper West Side of New York City. Instead of shortening lines, the second location actually increased brand awareness causing lines lengths to continue growing.

Overall, Shake Shack shows a slow growth model. The brand opened its first location outside of New York City in Miami in 2010; six years after the first. The next year, it became an international brand with the opening of locations in Dubai and Kuwait. In January 2015, Shake Shack went public with its IPO priced at $21 per share with 63 locations. Trading began at $47 per share and hit a high of $92.86 per share in May of that same year.

Foodable spoke to Garutti back in 2014 when Shake Shack had less than 40 locations. Since then, the core brand hasn’t changed aside from its size. Their dedication to ‘good food’ rings true as they boast 100% all-natural, humanely-raised Angus beef, 100% all-natural cage-free chicken and crinkle-cut Yukon potatoes, with zero artificial ingredients.

In that 2014 interview, Garutti told us one thing that governs Shake Shack’s growth:

“If we’re not getting better here, we’re not allowed to keep opening elsewhere.”

Garutti’s hard line has brought a culture similar to that of a fine dining restaurant into the brand’s DNA. Shake Shack opened 26 new stores this year and though that may seem slow in comparison to fast casual restaurants like Mod Pizza or Freshii, it is in line with the Shakes slow growth strategy.

Square is the fastest growing POS system in food service. What are they planning for the future? Could they be aiming for the casual dining sector? At-table payments? These are some of the questions many industry professionals are asking themselves. One this is for sure, Garutti's experience in multiple guest-experience restaurants makes him uniquely positioned to help Square dominate the point-of-sale market.