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Fast Casual Restaurants Dying?

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Manage episode 425585341 series 2095264
Content provided by Savor Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Savor Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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Over the past decade, the explosion of fast-casual restaurants has led to an oversaturated market. With thousands of brands competing for the same customer base, many need help differentiating themselves. This intense competition results in market cannibalization, where similar brands eat into each other’s market share, making it difficult for any single entity to thrive. This is highlighted by the failures of many high-profile brands in recent years. Barron predicts this is just the beginning.
fastcasual #genz #genalpha #restaurantbusiness
📈 Learn More ~ Restaurant Power Index featuring the top 50 brands' performance in consumer sentiment based on 12 performance markers in food, service, and overall brand consumer sentiment. The RPI features historical and current sentiment analysis for key brands based on the overall market sentiment data. Subscribe for weekly reports on the top brands in the restaurant industry. https://www.savor.fm/restaurant-power-index
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30 episodes

Artwork
iconShare
 
Manage episode 425585341 series 2095264
Content provided by Savor Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Savor Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
đŸ«¶ Subscribe NOW - Unlock a world of knowledge, innovation, and growth from the largest podcast network in food service! - https://www.savor.fm/
Over the past decade, the explosion of fast-casual restaurants has led to an oversaturated market. With thousands of brands competing for the same customer base, many need help differentiating themselves. This intense competition results in market cannibalization, where similar brands eat into each other’s market share, making it difficult for any single entity to thrive. This is highlighted by the failures of many high-profile brands in recent years. Barron predicts this is just the beginning.
fastcasual #genz #genalpha #restaurantbusiness
📈 Learn More ~ Restaurant Power Index featuring the top 50 brands' performance in consumer sentiment based on 12 performance markers in food, service, and overall brand consumer sentiment. The RPI features historical and current sentiment analysis for key brands based on the overall market sentiment data. Subscribe for weekly reports on the top brands in the restaurant industry. https://www.savor.fm/restaurant-power-index
  continue reading

30 episodes

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