2018 Power Predictions From Restaurant Guru Paul Barron

2018 Power Predictions From Restaurant Guru Paul Barron
  • Paul Barron breaks down his top eight predictions for the restaurant industry.

  • Vegans, mobile payments, and off-premise leading the way spearhead Paul Barron’s 2018 predictions.

In this episode of Plugged In, Paul Barron breaks down his top eight predictions for 2018.  

2017 was an interesting year for the industry. It’s safe to day that we had one of the most interesting years on record. We saw delivery take over the food service landscape, sexual harassment claims topple industry giants, minimum wage laws finally pass, alternative protein companies do the impossible, hurricanes, fires, floods, TRUMP– and with all the innovation we ate good man, really good.

So what’s in store for 2018? 

Every year, Foodable puts out predictions guided by our CEO Paul Barron. This year we wanted you to hear them straight from the horse’s mouth. If this year goes anything like 2017, we are excited for the ride. Find out what Paul thinks the industry has in store for 2018. Some of these predictions might even surprise you.

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Is Casual Dining Over?

Is Casual Dining Over?
  • What's the future for brands like Applebee's and Chili's? 

  • Are millennials killing the casual dining industry? 

On this episode of Plugged In, Paul Barron looks at millennial social restaurant visit traffic (SRVs) in casual dining, as a predictor of the decline in casual dining sales. Foodable Labs has tracked a decline in millennial SRVs across the board in traditional casual dining establishments. The new millennial consumers seem to no longer resonate with legacy brands like Applebees and Chili's. 

However, traffic is up in new age casual dining at places like Matchbox and Coopers Hawk.  All is not lost, even with expansion halted and stores closing, there is a recipe for resurrecting these legacy casual dining brands. Watch Plugged In for more!

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How Chipotle Can Reclaim The Top Spot in Fast Casual

How Chipotle Can Reclaim The Top Spot in Fast Casual
  • Chipotle's Sentiment scores have increased and decreased in line with the fast casual stock market prices. 

  • Chipotle needs to build brand advocates, develop a new message around food safety, and go back to food sourcing basics, & Paul Barron gives more tips. 

Just a few years ago, Chipotle was the darling of fast casual. They could do no wrong. The never-ending lines were a sign of prosperity. However, with multiple outbreaks of E. Coli, Norovirus and rats literally falling from the ceiling, the burrito chain has faltered and it hasn’t been able to regain its momentum since.

On this episode of Plugged In, industry expert Paul Barron outlines all the missteps Chipotle has made and draws out a plan to get Chipotle back on its feet. One of which is getting rid of their poorly performing queso. “Not every brand can hit home runs on every single thing they do,” Paul urges. Between that and claiming responsibility in more than just a press release, Paul explains that Chipotle still has a chance to win back the hearts and stomachs of diners everywhere.

Watch the episode above for some tough love and hilarious insights.

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Amazon Will Absorb 25 Percent of Restaurant Visits by 2020

Amazon Will Absorb 25 Percent of Restaurant Visits by 2020
  • Amazon Prime has the highest Foodable Labs Sentiment compared to any consumer based product. 

  • The restaurant industry is predicted to see a 25% hit as Amazon moves into the food space. 

In today's fast-paced and highly competitive business environment, there are those brands, services, and concepts that recognize what's next and then there are the brands that are left catching up.

Plugged In brings you exclusive analysis of the most influential disruptors of the foodservice industry utilizing data from Foodable Labs™, the largest and most reliable destination for business insights, to reveal who is "plugged in" and who is missing that spark that drives business forward.

Join Foodable Network's CEO and editor-in-chief Paul Barron, the man who predicted the proliferation of fast casual as the next big thing in the restaurant business, for insider information on what's next in food and business.

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