Article Abstract:
There are indications that some themed restaurant operators are experiencing difficulties, and some observers are raising doubts about the sector's future. Some themed restaurants are among the highest grossing foodservice outlets in the world, but in general themed restaurants are facing problems with product mix and positioning. They tend to rely on gimmicks, and these are no longer sufficient to attract increasingly sophisticated customers. They have a high fixed-cost profile, and this requires high volume merely to break even.
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Article Abstract:
The 79th Annual National Restaurant Hotel Motel Show took place in Chicago, IL, where many eating out concepts and themed restaurants originated. The event attracted more than 10,000 delegates, who were able to see a very wide range of innovations. There were six miles of exhibitions and more than 2,000 exhibitors. Many exhibitors used comedians, dancers and other live acts to attract delegates to their stands. Related events included the World Symposium, where leading companies made progress reports.
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Article Abstract:
City Centre Restaurant will be buying ASK Central, its biggest rival after receiving consent from the shareholders. The various problems that could arise while finalizing the deal with ASK Central are discussed.
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