Meet the stars of the first documentary of its kind, "Fast Casual Nation: Changing the Way America Eats."Read More
On this episode of "On Foodable Weekly," we’re not only taking a look at the industry after the end of January through Foodable Labs, but we’re also dissecting some long-term trends that we will continue to see throughout 2017.
Social restaurant visits (SRVs), or restaurant visits that include some type of social media interaction, have actually seen a drop in social interactions for the first time in these past few months. Currently, we are still showing an upward trend. We keep a close eye on SRVs, because when consumers have online discussions about dining out, those social media discussions are indicative of restaurant performance.
Looking back at December, Veggie Grill, Mod Market, and honeygrow showed the most SRV growth at the end of 2016. There is often a lot of movement in that top 10 SRV list and January was no exception, showing a shake-up in the top brands. Shake Shack made their move back to No. 1, followed by Dig Inn, and Paris Baguette, a newcomer to the top three.
Starbucks also showed up in the top 10 in January. However, some other major brands that usually rank high were missing from January’s top 10 list, such as Arby’s, Jersey Mike’s, McDonald's, and Sonic Drive-In.
Industry-wide, January marks the first time we’ve seen a downturn in SRVs. Though the winter months do normally show a slow in SRVs in part due to the holidays, we will need to keep an eye on this.
Second Chance for Chipotle?
Chipotle had it rough last year. Focusing on their consumer sentiment, Chipotle showed a drop in December, but just this month, Chipotle’s social sentiment jumped up. This could possibly be consumers giving Chipotle a second chance. Chipotle is also showing a slight positive growth in SRVs, and though small, these growths in SRV may not be an anomaly. We will continue to keep an eye out for continued growth.
Keep watching "On Foodable Weekly" to stay up-to-date with how the industry is faring here on Foodable Network.
Dallas has recently emerged as the capital for healthy restaurant chains, witnessing a surge of these concepts opening over the last several years. With restaurants like Seasons 52, True Food Kitchen and LYFE Kitchen operating in the city, and Modmarket opening one if its chains in the city late last year, Dallas has a plethora of healthy dining options.
Several years ago, Dallas witnessed the opening of Start, the city's own home-grown fast food chain that serves dishes featuring a variety of fruits, vegetables and whole grains, alongside limiting dishes with high levels of fat, sugar and sodium. Unlike some of the city's other healthy takeout chains, such as My Fit Foods, these new healthy restaurants all feature sit-down facilities alongside their healthy dining options. Read More
On this episode of Fast Casual Trends TV, brought to you by the Foodable Network, we're joined by Anthony Pigliacampo of Modmarket. In addition to boasting fresh food and ethical business practices, one thing that sets Modmarket apart from the rest is Anthony's decision to seamlessly integrate technology into the brand's operations. Not only does Modmarket create a unique experience that aligns with today's technologically savvy customers, but their use of tech has shown to increase efficiencies in operations. Check out the full episode as Paul and Anthony discuss technology's potential to take the restaurant industry to a whole new level.