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Aaron Allen
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Global Restaurant Consultant
Global Restaurant Consultant

796 followers
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Technology failure that buried billions in Texas offers hopeful lessons for restaurant executives championing change: https://aaronallen.com/blog/technology-in-restaurants #restaurants #technology
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How Foodservice Leaders Can Adapt to — and Thrive in — the Middle East’s New Normal: https://aaronallen.com/blog/foodservice-industry-middle-east #mena #gcc #restaurants
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Here's yet another proof-point in the case for tech investments and service enhancing innovations and improvements for incumbent brands: The revenue growth pattern for public restaurants in the U.S. is changing. Between 2012 and 2015, revenue growth accelerated by 102%, but the swing in the last two years has been negative, decelerating by 65%. Meanwhile, operating margins have decreased by 23% — a very different trend than the 6% increase between 2012 and 2015. #restaurants #profitability
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The largest restaurant systems in the world now derive as much as half of their revenue from international markets. More than $500b in new foodservice revenue up for grabs globally: https://aaronallen.com/blog/largest-restaurant-chains
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Analysis of the top 200 restaurant chains in the U.S. shows that wages have increased faster than sales per unit over the past two years, regardless of category. Given stable food costs, this means that margins have decreased for many players. However, in all categories (except sandwich), at least one brand has grown its AUV faster than labor costs: Wawa, Tropical Smoothie Café, Whataburger, Sarku, Raising Cane’s, Hungry Howie’s, Tim Hortons, First Watch, and Fuzzy’s Taco Shop. #restaurants #wages
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Increasing costs and weak revenue growth are impacting hospitality companies in the KSA. OPEX has grown faster than revenue, and new charges affecting the bottom line — interest, depreciation & amortization, non-operating & unusual expenses — have cut net income by 40%. #KSA #Saudi #restaurants
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American brands have been highly successful in the Middle East for some time now. Most of the brands in the UAE’s top 30 (based on 2016 sales) are foreign, with McDonald’s, KFC, Burger King, and Subway dominating the market. CAGR during 2011 and 2016 reached a median of 11.4% (not bad considering relatively low inflation and a stable exchange rate), but performance has been declining over the last 2 years thanks to tougher economic conditions and higher market saturation. Expansion in the Middle East can still be highly profitable, as long as it’s done in the right markets.
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Everyone will generally agree communication is important to any relationship, which is why it's so surprising so few companies have formalized programs with C-Suite support: http://aaronallen.com/blog/restaurant-corporate-communications
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