The “better burger” has made headlines as a fast casual burger trend in 2013. Umami’s $75 burger may have just introduced the “best burger” trend in the fast casual market. This carnivorous indulgence comes with dry-aged bryan flattery wagyu beef, vintage port reduction, freshly shaved white truffles and foie gras.
This Sunday, December 8th from 1-6pm at the Astor Center Screening Room (399 Lafayette St.), Slow Foods will hold its third annual food vendor showcase featuring local producers. Samples will be offered and products available for purchase. Proceeds support Slow Foods NYC programs. Tickets are $15 and can be purchased here.
In last week’s Enterprise Insight we discussed the benefits of assembly lines. On that note, the LA-based restaurant group that founded Umami burger announced their newest project 800 Degrees Neapolitan Pizzeria, making its way to New York in the near future. The model will be a “build-your-own” assembly-line-style fast-casual restaurant serving $5-$7 pizzas. The minds behind Umami burger know how to cater to customers’ fast-paced schedules; each pizza only take 1 minute to cook.
As of October, both the frequency and the check average of business meals has increased. Casual and Fine Dining restaurants have become the targets of diners eating out for business-related meals, according to a survey by Consumer Edge Insight.
David Decker, president of Consumer Edge Insight remarked, ”A higher-spending business meal customer is a very welcome development for the high-end but also the middle tier of the restaurant industry. For fine-dining restaurants, one of their core customer segments is starting to visit restaurants more often and is more likely to be trading up to fine-dining than a year ago. While this is a smaller customer segment for most casual-dining restaurants in terms of traffic, the higher average spending among this group makes them an important segment to understand and target as much as possible given your brand.”
So what does this mean for limited-service concepts?
Limited-service restaurants wanting to target business diners should seek ways to overcome obstacles to being perceived as less desireable for business-meal occasions. One idea is to promote catering.
Fast food employees are on strike, seeking a wage increase of $15/hour. This Thursday the Strikes are expected to occur nationwide in 100 cities, and protests will take place in 100 more. With this information, companies have the foresight to plan around the inconvenience, which will be unavoidable with employees’ participation in strikes and protests in 200 cities.
The Parks Department’s private conservancy board is cracking down on the appearance of Washington Square Park’s food vendors. Apparently the hot dog carts are too “unsightly,” and they therefore no longer have a home in the Park. Mario Batali’s Otto gelato cart and the popular N.Y. Dosas cart still have license to stay, and Melt will soon join them, selling gourmet ice-cream sandwiches. We’ll miss hot dogs in the Park!