The wake of the past few years has left the restaurant industry in a state of transformation. While mid-2021 revealed what was thought to be a light at the end of the tunnel, persistent labor...
Data and Technology Articles
Restaurant Industry Growth Trends to Know in 2022
It’s been a rocky couple of years for the restaurant industry. While 2021 represented a shift back towards normalcy, we haven’t quite recovered as much as we’d like. If you’re heading into 2022 with...
Restaurant Acquisitions Are Booming. Here’s How Data Helps You Position Your Brand for Sale.
Despite operating challenges in the current environment, or perhaps because of them, 2021 was a big year for restaurant acquisitions. M&A activity was one of the biggest restaurant industry news...
Using Restaurant Data to Drive Revenue: A Complete Look at Industry Analytics
From supply chain issues to rising employee wages, there’s no shortage of hurdles for restaurants to overcome in today’s market. Being able to access up-to-date, high-quality restaurant data is...
Why You Should Never Show Up For a Board Meeting Without These Crucial Data Points
When you are a busy restaurant CEO, prepping for a board meeting may rank next to a long drive during rush hour traffic or a long wait at the post office on the list of things you want to do....
Trending Technology in Restaurants
Trending Technology in Restaurants Technology in restaurants can be a game-changer for the customer experience, employee workflows and the bottom line. The need for convenience and seamlessness was...
The Latest Restaurant Customer Service Data & What It Means For You
The deciding factor to whether or not someone chooses to eat with you or the competition can often come down to the quality of your restaurant's customer service. We’re in a consumer choice-driven...
State of QSR: How Quick Service is Outpacing the Restaurant Industry in Sales & Traffic
Share of Stomach – Everything Restaurants Need to Know About This Important Competitive Intelligence Metric
Everyone has to eat somewhere, and knowing how and where your customers choose to eat (a metric known as share of stomach) is vital to reaching them with the right menu items, marketing messages,...
A Guide to Black Box Intelligence Data: How to See Current Trends Broken Down by Restaurant Category
These are fast-changing times for all types of restaurants. Brands that stand out are able to use big data to spot trends, measure performance and create strategies that will drive profits. That’s...
Restaurant Industry Growth Trends to Know in 2021
What has 2021 looked like for the restaurant industry so far? There’s been a lot of upheaval since 2020, and this year is all about picking up the pieces. But that doesn’t mean there’s no...
4 Reasons Why Restaurant Data is Needed to Drive Restaurant Recovery
dDo you feel confident that you know how your business is performing in comparison to the rest of the industry? Do you understand how your sales stack up next to your competitors’? And what about...
You Have Your Data, Now What? 3 Keys to Managing an Abundance of Data
Tom Horne from TDn2K shares top takeaways from the Fast Casual Executive Summit, including keys for operators managing an abundance of data.
Retail Sales Back on the Rise in July
Key Data Sales: +0.6%; Non-Vehicle: +0.5%/ Imports: +0.1%; Nonfuel: -0.1%; Exports: +0.4%; Nonfarm: +0.3%/ NAHB: 68 (Up 4 points) In a Nutshell “The economy seems to be...
May Employment Report Points to Solid Labor Market
Key Data ISM (NonManufacturing): -0.6 point; Orders: -5.5 points; Hiring: +6.4 points/ Employment Trends: +0.7%; Productivity: 0% (up from -0.6%) IN A NUTSHELL: “The economy is neither accelerating...
Prevailing Winds or Systemic Change?
Last month at the annual Global Best Practice Conference, Black Box Intelligence (formerly TDn2K) chairman and co-founder Wally Doolin presented an insightful glimpse into the economic,...