Here is an article citing some consumer feedback on the availability of ethnic foods in full service and quick service restaurants. Not surprisingly, there is a lot of potential for growth in both the full service and quick service restaurant segments for ethnic cuisine.
Take a look at the article and let us know on our blog what ethnic restaurants you wish you had in your market that you don’t…
Here’s an article from Nation’s Restaurant News about sales predictions for 2012. According to the study, everything is looking rosy. The question to you is, “Since this study only contains data from the Top 500 largest chains, does this study suggest restaurant sales overall are going up 3.4%, or does it suggest that independent restaurant competition is weakening for the chains and they are taking a larger marketshare of the consumers budget?”
Since this report also recognizes that most the previous and expected gains have been in quick service restaurants, it suggests that consumers are still being careful with their dining dollar, looking for value in quick casual restaurants instead of full service restaurants. Time will only tell what the real deal is. I tend to trust studies that include a large sampling of independent restaurants. They are a better indicator of the overall market and health of the industry in my opinion.