Placer.ai is a company in Burnaze's franchise knowledge graph, mentioned since 2022. 60 stories link here, each summarized from the original publisher.
Restaurant brands face a tighter market for new sites than the national vacancy rate suggests, with usable vacancy in growth markets estimated to be 2-3%.
Same-store visits were back on the increase at the start of the third quarter
Crumbl closes 57 locations as sales decline 32% year over year
Taco Bell has thrown plenty of spaghetti at the wall to see what sticks as it continues to recover traffic from the July cyclospora outbreak that sickened nearly 20,000 people nationwide.
Nearly two months after iceberg lettuce at the chain was linked to Cyclospora, the QSR giant’s foot traffic remains depressed, according to Placer.ai.
Placer.ai data shows restaurant traffic moderated during the week of Aug.
Sweetgreen posted the strongest fast-casual performance among major chains, with visits 5.9% above its typical weekly average.
Franchising industry faces local marketing execution issues despite $920 billion projected output in 2026
Starbucks' fall menu launch breaks records with 35.1% traffic increase.
The chain spent months building anticipation for the drink, which was available for just two days and drove a 28.5% traffic bump, compared to a typical Saturday.
A 7.9% increase in domestic same-store sales underscores the success of the brand's operational 'Green Apron' service model and improved staffing levels.
The fast-food giant is leveraging aggressive $1 pricing for its Mexican Pizza to drive traffic following recent supply chain challenges.
The rise of weight-loss drugs is shifting consumer behavior, resulting in lower spending at fast-food chains and coffee shops while benefiting boutique fitness concepts.
Traffic at Taco Bell and fast casual chains with salad-heavy menus took a significant hit due to the cyclosporiasis outbreak tied to bagged lettuce.
With more info coming out on the cause of the outbreak, traffic could improve in the days ahead.
- Fast Casual - Marketing & Branding - News Chipotle will host a BOGO giveaway during World Cup final The promotion is inspired by the tournament’s hydration breaks and its guests
New data from Placer.ai shows QSR foot traffic dropped 4.4% in May, while full-service restaurants saw a slight uptick in visits.
Industry experts view Kroger's $1.65 billion acquisition of the regional grocer as a strategic move to bolster loyalty assets and market density.
The breakfast-and-lunch franchise is leveraging data-driven tools and guest feedback to enhance site selection and operational support for its growing network.
Major sporting events like the World Cup are driving significant spikes in transaction volume and alcohol sales for restaurant operators in host cities.
Restaurants capitalize on World Cup fever with themed menus and promotions.
Bain Capital , a multi-asset alternative investment firm, and 11North Partners , a New York-based real estate investment company, have come together to acquire five open-air malls
The retail giant saw a 7.3 percent revenue increase driven by strong e-commerce performance and customer transaction growth.
Now under new leadership, the casual dining chain has restructured its iconic all-you-can-eat promotion to stabilize margins and operational efficiency after bankruptcy.