A nice positive article from FSR Magazine to start off 2015 as it relates to a growth in sales for chain restaurants. Here are a couple of the highlights:
- December recorded the best same store sales in three years at 3.1%
- The fourth quarter registered the best same-store sales results reported in six years of Black Box Intelligence tracking at 2.5%
- Aggregate growth of 0.8 percent for 2014 vs. -0.1 percent posted in 2013 by the industry
- Excluding this first quarter, same-store sales grew at an average 1.3 percent during the rest of the year
- Traffic grew by 0.6 percent during December, the best month for the industry since February 2012
- The increases in same-store traffic mirror the jumps in same-store sales, meaning that it was a true improvement in sales fueled by attracting more guests into restaurants, and not just the effect of rising prices
- The improvement in sales has been widespread across the country with all 11 regions posting positive same-store sales during the fourth quarter, which has not happened in any other quarter over the last three years
Read the full article here. Hopefully this is a sign of good things to come in 2015. Only time will tell for sure.
Please take a look at the National Restaurant Association’s Official Response to the State of the Union Address. I would like to add two personal notes to this story.
I started my working life at age 14 at a Jerry’s Subs and Pizza in Columbia MD. I think it is fair to say that at the time I wasn’t the most productive or highly skilled employee, I was uncoordinated and goofy. I would never have made that first paycheck or been able to get that first job at Jerry’s if they couldn’t afford to hire and train me.
In 2008, I managed the Franchise Assistance Program at a large sandwich chain. My job was to offer business coaching and assistance to franchisees who were struggling. Remember how franchise chains work. When you see the Subway in your local strip center, it isn’t owned by the Subway corporation with it’s billions of dollars in revenues and resources; it is owned by one of your neighbors.
Please click here to read the NRA’s Official Response to the State of the Union Address.
My name is Tommy Yionoulis and I’m a restaurant and software guy. If you like what you read, please follow OpsAnalitica on LinkedIn and follow our blog.
This article, Health Department Investigating Illness at Opryland Hotel, illustrates one of our key beliefs at OpsAnalitica. In today’s connected world, a news story like this can reach a national audience in minutes. I live in Colorado, and this article was sent to me by a friend.
The title of this article is meant to alarm people. When you read the article it seems as though Opryland acted responsibly, self-reporting to the health department, and went above and beyond to help their guests by supplying medical care.
On the OpsAnaltica blog, we are going to call them as we see them, and we believe that Opryland Hotel handled this situation well.
If they were using the OpsAnalitica platform they, would have been able to show investigators every self-inspection they had done to ensure the safety of their guests but that fact is for another post.