Abhinav Kapur’s Post

We were live with Evergreens CEO Ian Courtnage talking about today's "value equation" for restaurants. In this 15 minute live stream we covered: - What is the "value equation?" - The labor, COGS, and P&L challenges Evergreens (and the broader industry) have faced over the last two years. - The long-term impacts of discounting and how to avoid the "slippery slope" - What levers brands can pull - outside of discounting - to mitigate the cost pressures of the past two years The upshot: know your value prop, know what makes you different, know why guests care, and hold fast to those as close as you can, regardless of the operational environment.

🥗 Did you know that for every $15 sweetgreen makes in revenue, the company loses approximately $2.56? Let’s break that down thanks to Sweetgreen’s Q1 2024 Report and this chart from Chartr. To make $15 in revenue, Sweetgreen only spends $4.15 on its product and packaging. However, the total operating expenses amount to $17.56, leading to a net loss. Here’s a closer look at where the money goes: 🥬 Food, Drinks, Packaging: $4.15 👷 Labor: $4.35 🏢 Occupancy: $1.37 🧾 Other Restaurant Operating Costs: $2.41 🗂️ General & Administrative Costs: $3.50 ⬇️ Depreciation: $1.56 📉 Other Overhead Operating Costs: $0.21 As Sweetgreen inches closer to profitability, it’s a fascinating reminder that more than just fresh ingredients go into producing their $15 salads. - 🔗 View the #Sweetgreen Q1 2024 Report: https://lnkd.in/eC8EdbZU

Did you know that according to Mintel 40% of UK consumers are willing to pay more for products when they know who’s behind them? At nojō- B corp, it’s not just about sauces—it’s about sharing our journey and passion for great food. As a founder, I have always believed, understanding where your food comes from makes all the difference. From my story as a mom and entrepreneur to building NOJO with bold, natural flavours, it’s about bringing transparency and value together. Check out our 'About Us' page to learn more about the story behind every bottle. 💚https://lnkd.in/evATqXRa More and more retailers get importance of this like Ocado Retail featuring small business founders like nojō- B corp and Bold Bean Co https://lnkd.in/e3pSHW7R

🌟 Exciting News Alert! 🌟 Wendy's Planning Surge Prices Based on Fluctuating Demand Did you hear about the latest innovation in pricing strategy? Wendy's is making headlines with their plan to implement surge pricing based on fluctuating demand. This move showcases the power of dynamic pricing in the fast-food industry. Check out the full article to learn more: https://lnkd.in/dW8uptNC #DynamicPricing #Innovation #Wendys #PricingStrategy

"Wendy’s CEO Kirk Tanner announced that the fast-food chain intended to embrace “#surgepricing,” raising the prices of a burger and a Frosty in line with customer demand...A quarter-century earlier, Coca-Cola’s CEO mused about equipping its vending machines with thermometers, and triggering them to raise the price of a soda on a hot day...Consulting firms like #SaucePricing promise automatic surge pricing at restaurants to boost revenues. A chain bowling alley called Bowlero charged $418.90 for two lanes one day last year. Surge pricing “will eventually be everywhere,” the Financial Times, that chronicler of modern #capitalism, said last September...As companies gather more data available on consumer preferences, the process of algorithmically adjusting prices rapidly based on supply and demand will get easier, affecting all sorts of goods and services we’ve grown to count on. " #Uber https://lnkd.in/e-vJdXJn

Just spoke with the owner of a local restaurant chain here in Raleigh and asked what his biggest challenge is. His answer: Food costs. This is not new or surprising, but I find it interesting that more innovative solutions haven’t been uncovered in the past few years. Thousands of businesses are in a similar place. It doesn’t matter if you increase revenues by 10% when your margins are shrinking and costs keep climbing. Eventually, something will break—and it may already be breaking for some. Rising costs force hard choices: Do you raise prices and risk losing customers? Shrink portion sizes? Cut quality? None of these are sustainable long-term strategies.

Now available on demand!! This week's WEBINAR "Maximizing Profitability With Inventory Strategies in a World of Razor-Thin Margins" discusses how private label, fresh food management and sustainability enable grocers to think strategically about the brand experiences they want to create and the loyalty they want to drive. WATCH in entirety:: https://ow.ly/M22n50Ro2xN #foodretail #grocery #supermarket Oracle

📝✨Consumer Spending Shifts 📉 Dining Out Less: Consumers are cutting back on fast food to manage budgets, impacting companies like McDonald’s and Starbucks. Financial Advice: Experts applaud the move to prioritize spending, suggesting it could lead to better financial health. Economic Implications: While good for individual savings, this trend may signal economic challenges ahead. Adapting Habits: Amidst rising costs, people are choosing home-cooked meals over dining out, reflecting a shift in consumer behavior. 🍔➡️🏠 #restaurant #qsr #loss

Unlock the secret to sustainable success in the beverage industry: Understanding your Cost of Goods Sold (COGs)! 🌟 in our latest article, we break down the critical steps every beverage brand needs to take to ensure financial health and drive growth. From raw materials to labor costs, know what impacts your bottom line and how to leverage this knowledge for strategic decisions. 💼🍺 #BeverageIndustry #FinancialManagement #BusinessGrowth

What’s holding your business back? Inflation, compliance, shifting consumer demands, or the race to go digital? You didn’t come this far to be weighed down by setbacks. Let’s fix what’s broken and create opportunities where others see obstacles. Swipe through to see how Intellia helps food & beverage corporations thrive. #FoodAndBeverage #LeadWithIntellia #BusinessGrowth #FutureFocused #Intellia