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Growth strategies to navigate industry change
- Restaurants
- Wholesale
- Agriculture
Restaurants
As cost pressures impact consumer traffic and food prices, restaurant competition continues to evolve. GLP-1 weight loss drug users, for example, report an 11% reduction in food purchases, especially in indulgent categories like high-calorie snacks and alcohol, indicating a shift in consumer eating habits.
This change presents an opportunity for restaurants to adjust their menus to include more low-calorie, nutrient-rich options — in line with the Trump administration’s push for improved food standards. Partnering with health organizations to certify these healthy choices could further attract health-conscious diners. Beyond the menu, value creation opportunities span the entire enterprise, from enhancing operational efficiency to boosting customer engagement through advanced technology.
- Enterprise: Drive growth by optimizing your business portfolio, scaling operations and expanding into new regional or global markets.
- Restaurant profitability and ROI: Rethink your menu offerings, streamline operations, optimize costs of goods sold (COGS) and refine construction methodologies to improve returns.
- Customer: Use advanced technology (like AI) to improve the customer experience, strengthen brand loyalty and differentiate your brand.
- Tech: Cut labor and operational costs, accelerate service delivery and efficiently scale your technology deployment.
Insights
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