The Beverage Standards Association brings you Peter’s Monday 7th June 2021 Weekly Briefing every Tuesday morning.
Monday, 7th June Weekly Briefing
Will the restaurant sector evolve
How will the restaurant sector evolve after covid? There are some clues from past experience in the graduates from my ten-year long project – Ones to Watch – which identifies restaurant brands that have 5 to 25 outlets with a growth rate (in terms of new sites) of 20% or more over the prior 3 years.
Over the years, 49 brands, by virtue of expanding to over 25 sites, have “graduated” from Ones to Watch. These companies are a useful collection that allows us to look at how the casual dining / fast casual sector has evolved since 2012.
The period since then has been split into two by covid. And this allows us to look at two cohorts – the first is those with at least 5 years’ trading after graduating before covid struck – and the second cohort consists of those with fewer than 5 years’ trading (some with only one year).
Thank you for reading part of the Monday 7th June 2021 Weekly Briefing and full edition can be found at Weekly Briefing Report.
Peters Monthly Report for May 2021 is now available here.
Peter provides consultancy on the eating out market and opens eyes to brand new ways of thinking about the sector and its multiple opportunities for success.