David Henkes @davidhenkes
Global food/beverage industry trendwatcher, consultant, & connoisseur. Senior Principal @Technomic. Named 1 of top #restaurant/#food industry experts to follow technomic.com South of the Cheddar Curtain Joined April 2009-
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I've got the best colleagues in #restaurant and #foodservice media. Congrats to @jonathanmaze on this prestigious award!!
I've got the best colleagues in #restaurant and #foodservice media. Congrats to @jonathanmaze on this prestigious award!!
Been a bit of a run lately on #restaurant company bankruptcies.. The operating environment is still tough... Parent of #NYC based chicken concept Sticky’s files for Chapter 11 bankruptcy protection nrn.com/fast-casual/pa…
Unlock unlimited potential for your menu item concepts! Predict performance, identify target audiences, find peak launch windows and optimize concepts effortlessly. Revolutionize your development strategy with Ignite Menu Platinum! bit.ly/3ICNC4h
Nice feature from my colleagues @RB_magazine on how #restaurants are raising the bar on offering perks and benefits as a way to recruit and retain workers. Labor continues to be a challenge for just about every operator out there.... restaurantbusinessonline.com/restaurants-ta…
Join my colleague Robert @technomic for this great webinar on the state of the #restaurant guest!!
Join my colleague Robert @technomic for this great webinar on the state of the #restaurant guest!!
In China, Pizza Hut has some interesting menu innovation - their new Bao Pizza Burgers feature some interesting beef and chicken builds and use fresh pizza dough as the bun. Not only is the carrier innovative, but the fresh baking for a bun is highly differentiated for a chain…
Really strong performance from $CMG, with strong traffic and same store sales increases. Average check only up a bit, indicating that perhaps the worst of inflation is behind us. Chipotle is defying #restaurant slump as earnings, traffic rise again cnb.cx/3QkcL8x
Not surprising – it’s really hard for a large chain to maintain focus on an extremely small secondary brand. Better to put focus and emphasis on growing the primary concept. Chipotle officially kills Farmesa as potential second concept restaurantbusinessonline.com/emerging-brand…
I took an class on doing business in China when I was at the University of South Florida and the lengths people went to get people to buy American fast food was incredible. KFC (Yum Brands) in China had exclusive menu items in every town to appeal to locals. Really something else
I took an class on doing business in China when I was at the University of South Florida and the lengths people went to get people to buy American fast food was incredible. KFC (Yum Brands) in China had exclusive menu items in every town to appeal to locals. Really something else
Ummm I don't know that I see this one catching on. Scientists say snake might be the solution for sustainable protein salon.com/2024/04/01/unc…
More on #AI being used in quick-service restaurants; a good review of some of the leading chains and their "automatic order takers" in the drive-thru. #fastfood #QSR #restaurant #drivethru #tech #FSTech
More on #AI being used in quick-service restaurants; a good review of some of the leading chains and their "automatic order takers" in the drive-thru. #fastfood #QSR #restaurant #drivethru #tech #FSTech
The drive-thru is probably the easiest place to deploy AI; interesting to see it work in real life in a restaurant setting. #restaurant #QSR #drivethru #AI #tech #FSTech
The drive-thru is probably the easiest place to deploy AI; interesting to see it work in real life in a restaurant setting. #restaurant #QSR #drivethru #AI #tech #FSTech
Yikes
Good read summarizing the key findings from my presentation as well as a lot of the other main stage presentations that took place at the Restaurants Canada Show earlier this month. #RCShow #restaurant #Canada #outlook #hospitality
Good read summarizing the key findings from my presentation as well as a lot of the other main stage presentations that took place at the Restaurants Canada Show earlier this month. #RCShow #restaurant #Canada #outlook #hospitality
We @technomic have just started a bi-annual review of the #foodservice single-use #packaging market, and the changes in legislation are having a huge impact on usage & creating challenges for #restaurant / foodservice operators. The reaction described here is pretty common: how…
Global chain restaurant growth has been particularly strong; somewhat surprised that this is their 1st new market in a decade. Just opening in Kuwait. Chipotle has entered a new country for the first time in over 10 years #global #restaurant nrn.com/franchising/ch…
“Mexican restaurants earned $50 billion in sales in 2022 growing by more than 9 percent annually, far outpacing the overall economy, according to food-service consultancy Technomic. Meanwhile, Latinos are the second-largest ethnic group in the country.” apple.news/AT_Cw72wmRPGPd…
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Not surprising – it’s really hard for a large chain to maintain focus on an extremely small secondary brand. Better to put focus and emphasis on growing the primary concept. Chipotle officially kills Farmesa as potential second concept restaurantbusinessonline.com/emerging-brand…
I took an class on doing business in China when I was at the University of South Florida and the lengths people went to get people to buy American fast food was incredible. KFC (Yum Brands) in China had exclusive menu items in every town to appeal to locals. Really something else
In China, Pizza Hut has some interesting menu innovation - their new Bao Pizza Burgers feature some interesting beef and chicken builds and use fresh pizza dough as the bun. Not only is the carrier innovative, but the fresh baking for a bun is highly differentiated for a chain…
Interesting to see how they added non-Pizza items under the guys of a pizza burger in China
In China, Pizza Hut has some interesting menu innovation - their new Bao Pizza Burgers feature some interesting beef and chicken builds and use fresh pizza dough as the bun. Not only is the carrier innovative, but the fresh baking for a bun is highly differentiated for a chain…
Impressive (and, simple!) application of AI to the food/beverage industry.
The drive-thru is probably the easiest place to deploy AI; interesting to see it work in real life in a restaurant setting. #restaurant #QSR #drivethru #AI #tech #FSTech
@davidhenkes I find that a lot of applications of newer technologies to older flows are done so poorly, and (ironically) at the expense of the customer experience; but this is not one of those examples. I'm actually impressed by this application, and think it will be a win-win.
Using #AI in retail and hospitality
The drive-thru is probably the easiest place to deploy AI; interesting to see it work in real life in a restaurant setting. #restaurant #QSR #drivethru #AI #tech #FSTech
Without this, the #Packers never would have abandoned their committee structure. No Ron Wolf, no Holmgren, no Favre, no Ted, no Rodgers, no Gutey, no Love. Tony Mandarich transformed the franchise in a way no one saw coming.
Apr 23, 1989: future hall-of-famers Troy Aikman, Barry Sanders, Derrick Thomas & Deion Sanders were 4 of the 1st 5 players selected in the NFL Draft. #80s Tony Mandarich was selected 2nd overall by Green Bay.
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NEW TODAY AT McD's! PHOTO REVIEW UP NOW at instagram.com/p/C6E1DkgvZhX/…
@davidhenkes They are going to have to focus on the phone apps if they want to maximize ROI.
And here I thought wearing non matching socks was fashion statement ?! 🤦♂️🤦♂️🤦♂️ Too much on my mind.
And another factoid revealed by @technomic at #RLC today: the revenues of McDonald’s, #1 on the Top 500 list, are 1,000x the revenues of #500.
We @technomic have been tracking the #restaurant chain market going back to at least 1970. We've just released our eagerly awaited report with annualized 2023 chain data, and I wanted to share some insights into the current state of the chain restaurant market. 1/
If you’re over 40, you probably remember when McDonald’s would sell you one of these for 30 cents plus all the skin inside your mouth …
Shot / chaser
No matter how much success you are experiencing in life, always be humble It can all be taken from you in a moments notice Health issues, nasty lawsuit, negative publicity, etc. No one is invincible and we are all human Work hard, be kind and remain humble
1974 Training Center in NYC including mannequins to model correct uniform appearance! The first McDs in Manhattan opened in’74
@davidhenkes This is exactly why we built @FeedplanApp — we just launched a few months ago.