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C-Stores Narrow the Gap with Restaurants for Key Metrics in Third-Party Delivery Study
Intouch Insight has released the second edition of its Third-Party Delivery Study, showing that food delivery continues to evolve. For the first time, first-party apps were measured alongside third-party platforms, and they're already firmly in the mix. Meanwhile, convenience stores are closing the gap with restaurants on key measures of customer satisfaction.
"Earning loyalty in delivery comes down to the details," said Sarah Beckett, Vice President of Sales and Marketing at Intouch Insight. "Our findings show that accuracy, speed...
Circana Reports Value Menus Drive Restaurant Traffic Growth
This year, many industry players have responded to consumers' demand for affordable value amid turbulent and unpredictable economic times.
The surge in value meals has sparked a competitive wave of advertising and marketing, emphasizing to customers that quality foodservice can be enjoyed without breaking the bank.
"It's important for restaurants to remember that value is rarely defined only by price," said David Portalatin, senior vice president and industry advisor for Food and Foodservice at Circana. "Operational excellence in providing quality, affordability, great experiences...
OpenTable and KAYAK Unveil Top 100 Hotel Restaurants Amid Growing Trend of Culinary-Driven Travel
According to new insights from OpenTable and KAYAK, travelers are increasingly choosing their destinations based on where they want to eat.
An OpenTable survey reveals that 47% of Americans have planned a trip specifically to visit a restaurant. Similarly, KAYAK reported a 51% year-over-year increase in travelers using the “restaurant” filter when searching for hotels.
In response to this trend, the two companies have partnered to release their first-ever list of the "Top 100 Hotel Restaurants in America...
Convenience Store M&A Activity Suggests More Consolidation is Coming
The pace of merger and acquisition activity in the U.S. convenience store sector is accelerating with recent trends suggesting the nation’s c-store landscape is ripe for more change. While most of the transactions in 2024 involved smaller chains or single-store operators, several larger operators inked deals to significantly expand their footprints into new regions.
According to a new research brief from CoBank’s Knowledge Exchange, c-store consolidation stands to disproportionally affect rural communities, many of which lack a grocery store or access...
71% of Canadian and 43% of Mexican Consumers Intend to Buy Fewer US Grocery Products, Study Reveals
Seventy-one percent of Canadian and 43% of Mexican consumers report they will buy fewer U.S. grocery products in 2025 according to the tenth wave of the dunnhumby Consumer Trends Tracker (CTT) released today. Canada and Mexico are the two largest agricultural trading partners of the U.S. According to the USDA, in 2024 the U.S. exported 33% of its agricultural products to Canada and Mexico, totaling over $58 billion out of $176 billion of total U.S. agricultural...
1 in 6 Adult Americans Replaced Meals With Snacks in 2024: Euromonitor International
One in six adult residents of the United States is replacing their daily meals with snacks, data analytics company Euromonitor International has revealed
According to Euromonitor International’s World Market for Snacks 2024 report, 18% of adult Indians, 17% of adult Americans and 13 % of adult Britons have been replacing their meals with snacks, as convenience-oriented lifestyle changes favour snacking and consumer purchases continue to be impacted by economic uncertainty.
Carl Quash III, head of snacks at Euromonitor International, said: “Consumers have been under...
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