Episodios

  • How Pepper Lunch is breaking into the U.S. market
    Jul 24 2024

    How does an international restaurant chain break into the toughest market in the world?

    This week’s episode of the Restaurant Business podcast A Deeper Dive features Troy Hooper, the CEO of Pepper Lunch.

    Pepper Lunch is a Japanese fast-casual chain in which customers largely cook the food themselves. It is part of a generation of concepts with unique business models that are rapidly establishing themselves in a U.S. market hungry for more Asian fare that provides interesting experiences.

    Hooper became the CEO of Pepper Lunch last year. We wanted him on the podcast to talk about this brand and what he’s done to establish the concept in the U.S. It’s tough to break into this market, and he can provide some unique perspective on what it takes to do so. Hooper talks about what makes the brand tick and discusses its recent menu overhaul and how that fits into its plans. We talk about its unique menu overhaul and why Asian chains are taking off right now.

    It's a fascinating discussion with one of the country’s more interesting emerging brands, so please check it out.

    Más Menos
    33 m
  • Why restaurants are losing customers
    Jul 18 2024
    Why are restaurants losing customers right now? This week’s episode of the Restaurant Business podcast A Deeper Dive features R.J. Hottovy, head of analytical research with Placer.ai. Hottovy has followed the restaurant industry for years, and the foot traffic data firm has been tracking customer counts to restaurants and retailers. In November, Placer.ai noted traffic suddenly falling to Starbucks shops, foretelling a sales challenge the coffee giant has dealt with all year. We wanted Hottovy on the podcast to talk about these issues and about why restaurants are losing traffic. We also talked about the specific challenges facing Starbucks. We also get into plenty of other topics. Please check it out.
    Más Menos
    32 m
  • Why platform companies are buying so many small chains
    Jul 10 2024

    Why is it better for small restaurant chains to band together?

    This week’s episode of the Restaurant Business podcast A Deeper Dive features Kelly Roddy, CEO of the brand platform company Woworks.

    Woworks operates several restaurant concepts, including Saladworks, Garbanzo Mediterranean, Frutta Bowls, Simple Greek, Barberitos and ZEats.

    It is one of a growing number of platform companies that collect small concepts, and these companies have been gobbling up a lot of brands lately. The idea is that they can get stronger buying power and therefore cheaper prices for franchisees, at least in theory.

    They can also invest in technology. We asked Kelly about that and how it works.

    We also ask about the market for mergers and acquisitions. Woworks is apparently in the market for a new chain and we talk about that, what the market is like, what kinds of companies they’re looking for and how they could fit in.

    We’re talking brand collecting on A Deeper Dive, so please check it out.

    Más Menos
    28 m
  • Can technology fix restaurants' workforce issues?
    Jul 3 2024

    Can technology fix restaurants’ workforce issues?

    This week’s episode of the Restaurant Business podcast features two different discussions.

    First, we chat with Michelle Korsmo, the president and CEO of the National Restaurant Association. We chatted with Michelle at the National Restaurant Show in May and discussed a variety of issues, including the regulatory environment, how companies are dealing with soaring costs and the importance of restaurant technology.

    And speaking of restaurant technology, we also have RB Senior Technology Editor Joe Guszkowski on to talk about drive-thru AI, an increasingly popular piece of technology. McDonald’s just ended its test of that technology and I wanted Joe to talk about what that means for the future of the innovation.

    We also chat about Red Lobster.

    It’s a two-for-one interview day on A Deeper Dive so please check it out.

    Más Menos
    34 m
  • How restaurants should operate in a price-sensitive market
    Jun 26 2024

    How do brands operate in a price-sensitive restaurant market?

    This week’s episode of the Restaurant Business podcast A Deeper Dive features Juan Martinez, the principal and founder of the consulting firm Profitality.

    We periodically have Martinez on the podcast when we’re concerned about profits and, well, this is one of those times.

    Consumers are frustrated by rising restaurant prices and are cutting back on dining frequency. Restaurants don’t have pricing power and are about to enter a value war. That could squeeze margins for some time.

    How do you operate through that, particularly when many restaurants have already spent a lot of time cutting costs as it is?

    Martinez and I talk about this challenge and what operators can do about it. We talk about value and what exactly that means in this day and age.

    We’re talking about operating in a tough environment, so please check it out.

    Más Menos
    26 m
  • A look at some of the restaurant industry's biggest concerns
    Jun 18 2024

    What are the restaurant industry’s biggest concerns right now?

    This week’s episode of the Restaurant Business podcast A Deeper Dive features Scott Redler, the co-founder of Freddy’s Frozen Custard and Steakburgers.

    We spoke with Scott at the National Restaurant Show in May and we chatted on a variety of issues. We wanted to talk with him about some of the bigger concerns in the industry right now, given regulatory efforts such as the $20 fast-food wage in California and other issues. I also wanted to talk about the overall operating environment, as many restaurants are struggling with weak traffic.

    Scott has been busy in the three years since he and his co-founders sold a majority stake in Freddy’s to Thompson Street Capital Partners. We talk about what he’s been doing since then, including his role as the former chair of the National Restaurant Association.

    It’s a wide-ranging conversation with the co-founder of Freddy’s on A Deeper Dive so please have a listen.

    Más Menos
    29 m
  • The difference between winners and losers in a tough restaurant market
    Jun 12 2024

    How can restaurant chains survive in this market?

    This week’s episode of the Restaurant Business podcast A Deeper Dive features longtime industry executive James Walker.

    At the moment, Walker has multiple titles. He is the chief culinary and concept officer for Experiential Brands, a concept creation engine that has created brands such as the Original Hot Chicken, Inked Tacos and Pinsa Roman Pizza.

    He is also the CEO of Frisch’s Restaurants, the family-dining brand.

    We talked with Walker at the National Restaurant Show last month, and it was a wide-ranging conversation. We talked with him about Frisch’s and his new concepts.

    But we also got into a discussion on the state of the industry. Traffic has been down throughout the industry amid high prices, but plenty of chains, like Wingstop, Sweetgreen and many others, have done just fine. And plenty of hot independent restaurants remain tough to get into.

    We talk about that and what differentiates the winners and the losers.

    We’re talking all things restaurants on A Deeper Dive so please check it out.


    Más Menos
    28 m
  • What is the future of Red Lobster?
    Jun 5 2024

    What is the future of Red Lobster?

    This week’s episode of the Restaurant Business podcast A Deeper Dive features Victor Fernandez, the vice president of insights and knowledge at GuestXM.

    GuestXM provides industry performance metrics, notably the Black Box index of industry sales and traffic.

    I wanted Victor on the podcast so we could talk about the state of full-service restaurants, particularly a certain seafood chain that is filing for bankruptcy. We talked during the National Restaurant Show in Chicago.

    Red Lobster filed for bankruptcy last month and has already closed 100 locations. It could close a lot more than that if it can’t renegotiate leases.

    There are plenty of reasons Red Lobster is in this situation, but we wanted to get an assessment of the full-service climate, and how much that might have contributed. We talked about a host of other topics during the conversation as well, so it was a great snapshot of the state of the restaurant industry right now.

    Más Menos
    27 m