RESTAURANT INDUSTRY NEWS
61 – Restaurant Rescue – How to turn around a failing restaurant
This is a self first-aid program to do a Restaurant Rescue for Restaurant Owners to help you build the restaurant that you've always wanted and that you can be proud of. ** This is Part I of the Restaurant Rescue series. ** Once you've listened to this episode,...
60 – Lessons on Restaurant Innovation and Creativity with Chef Shaun Quade from Restaurant Lume
We look at how Restaurant innovation can help you build a more profitable Restaurant business. What is the link between innovation and creativity? We've talked earlier about Restaurant Innovation, but this time we look at specific examples of how the Restaurant...
Deliveroo raises $385 million – What does it mean for your Restaurant?
Techcrunch is reporting that Deliveroo has raised $385 million on a valuation 'over $2 billion". This was a Series F round and takes the total funding for Deliveroo to $860 million. This comes after Deliveroo released it's Calendar Year 2016 results which revealed...
The demise of the OpenTable business model?
The NY Times is featuring a really interesting article by Stephanie Strom about the OpenTable business model and the changes that are occurring in the US online restaurant booking industry. It details how OpenTable started in 1998 with the vision of making online...
Just Eat share price falls on growth concerns amid rising competition and free alternatives
The Just Eat share price has fallen 15.1% in the last two and a half weeks as concerns mount about their ability to grow revenues. This comes after the 26 July release of what on the face of it was an upbeat Half Yearly report. We break down the numbers to look at...
Menulog’s goal of $100 million in revenue – what does it mean for your Restaurant and your online ordering?
The Australian Financial Review (AFR) is reporting that Menulog is confident that they will be able to achieve revenue of $100,000,000 in the coming years. Former Groupon CEO Alistair Venn is predicting that Menulog will continue to grow despite increasing competition...