Showing posts with label Fine Dining. Show all posts
Showing posts with label Fine Dining. Show all posts

Sunday, January 26, 2025

Fine Dining and Special Occasion Restaurants: Resilient Refuges in a Shifting Landscape

 


In the evolving foodservice landscape, fine dining and special occasion restaurants have remained resilient bastions of culinary tradition, offering luxury and lasting memories enjoyed by many including Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®.

As full-service “sit-down” restaurants have struggled to regain their footing post-pandemic, these high-end and celebratory eateries have adapted and often thrived according to the Grocerant Guru®. Their focus on exclusive experiences, curated environments, and tailored service appeals to diners seeking something extraordinary amid the routine of ready-to-eat and casual options.

The Resilience of Fine Dining and Special Occasion Restaurants

Fine dining restaurants serve as an indulgence for customers who value exceptional quality, presentation, and service. Special occasion restaurants, while often not as high-end, serve a similar need for unforgettable experiences. Historical perspective reveals that both categories prosper during economic upticks and weather challenges better during economic downturns due to their perception as destinations for celebration and milestones. Post-pandemic, these venues uniquely meet consumer desires for elevated moments that outweigh day-to-day dining choices.


By contrast, general sit-down restaurants face increased competition from delivery platforms, grocery meal solutions, and fast-casual concepts, as customers grow accustomed to convenience without sacrificing quality. Fine dining and special occasion establishments transcend these shifts because they promise something that cannot be easily replicated or delivered: immersive, exclusive, and memorable occasions.

Delivery and Catering: An Unlikely Evolution

Historically, delivery and catering weren’t synonymous with fine dining or celebratory meals. However, both models have become vital revenue streams, particularly since the pandemic reshaped consumer dining behavior. For fine dining restaurants, delivery of exquisite plated meals and wine pairings has proven an elegant adaptation, bringing luxury to homes. Special occasion restaurants find their catering services booked for birthdays, anniversaries, and business events. These off-premise options ensure enduring connections with customers even if they choose not to dine onsite.



The Impact of the Kid Factor

For parents, dining out has always come with its own set of challenges. The intersection of rising economic pressures, kids’ short attention spans, and increasingly normalized social behaviors like using tablets during meals, makes dining out feel more like a chore than a joy for families.

Pandemic-related societal changes exacerbated this divide. Isolation deprived many young children of vital social experiences, including eating at a restaurant. According to Lisa W. Miller’s “Journey Back to Joy Research,” 25% of parents report that their children now dislike going out to eat. For families with limited discretionary income, dining out loses its appeal when coupled with discomfort or conflict over mealtime behavior.

The “kid veto” effect—where disengaged children influence a family’s decision to stay home—is now a significant concern. Since 39% of parents feel it’s “not worth it” to dine out, the restaurant industry must adapt to reconnect with families and young diners.



Why Fine Dining and Special Occasion Restaurants Fare Better

Compared to conventional full-service restaurants, fine dining and special occasion establishments cater primarily to adults or specific celebratory contexts, where patrons are more prepared to invest time, effort, and money. In other words, parents with small children are often not the target demographic.

This separation is part of why these categories remain more robust: they can segment their services to clientele seeking solitude, celebration, or high-quality escapism. Moreover, innovations like timed seating to reduce children’s impatience, flexible meal components (to suit varied palates), and enhanced catering options ensure these restaurants continue to succeed without catering solely to families with young children.

Reinventing the Kid Dining Experience

For restaurants to reclaim families as regular patrons, they must create a “sticky” experience for children—one that combines fun, satisfaction, and convenience. Ideas include:

1.       Kid-centric menu designs that prioritize nutritious, customizable options alongside playful presentation.

2.       Activity-focused environments, like creative kid packs, mini-chef stations, or engaging technology.

3.       Hybrid models, blending fine dining aspirations with welcoming spaces for multi-generational families.


Think About This

Fine dining and special occasion restaurants remain cornerstones of culinary indulgence and celebration, thriving even as sit-down restaurant formats falter. By expanding delivery and catering, offering curated, memorable experiences, and catering strategically to their target demographics, these segments are redefining success in the foodservice world.

Meanwhile, for broader restaurant formats, adapting to the changing dynamics of families with young children is paramount. Creating irresistible experiences that make families and their youngest diners feel welcome is not just an option—it’s an industry imperative to safeguard the communal joy of dining out.

Are you ready for some fresh ideations? Do your food marketing ideas look more like yesterday than tomorrow? Interested in learning how our Grocerant Guru® can edify your retail food brand while creating a platform for consumer convenient meal participationdifferentiation, and individualization?  Email us at: Steve@FoodserviceSolutions.us or visit: us on our social media sites by clicking one of the following links: Facebook,  LinkedIn, or Twitter



Monday, January 20, 2020

Restaurateurs Rejoice Millennials Will Drive Revenue



The restaurant industry added 271,300 jobs in 2019 (BLS) indicating that the undercurrent of consumer attraction to the industry is not waning according to Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. 
While year over year restaurant sector customer counts continue to slide the sector job growth combined with new restaurants and restaurant meal outlets the total sector is strong thanks to Millennials. According to new research from 5W Public Relations, dining out and experiences rank at the top of the list of categories that consumers, especially younger consumers such as Millennials, are most likely to splurge on.
5W Public Relations new 2020 Consumer Culture Report shows that dining out and travel/experiences ranked first and second respectively across all generations as the most splurge-worthy categories, beating out fashion, beauty, electronics, and health among others. Overall the consumer categories ranked in the following order:
1.        Dining Out 43%
2.        Travel/Experiences 41%
3.        Snacks 39%
4.        Electronics 35%
5W CEO and Founder Ronn Torossian stated "Our data shows that the trend of buying experiences over possessions is not only on the rise, but that people are willing to spend the highest amount of money on these categories," said. "There is a huge opportunity for growth and expansion in the travel, entertainment, hospitality and restaurant industries this year. Furthermore, all consumer brands need to realize that their customers value experiences first, and tailor their messaging to capture this want."

Get this specifically, Millennials are projected to spend $1.4 trillion in 2020. Their No. 1 "splurge" is dining out, according to the report. In addition, at least 68% of them prefer finding new products in-store to finding them online, and 83% of Millennials say it’s important for the companies they buy from to align with their beliefs and values. 
So, while many chain restaurants have failed to evolve with consumers as Black Box Intelligence continue to report new restaurants focused on grocerant niche Ready-2-Eat and Heat-N-Eat fresh prepared portable food continue to drive sector growth.  Is your brand evolving with consumers fast enough?  Have you considered growing top line sales and bottom line profits with new grocerant niche fresh foods?  
I just want to repeat that Millennials are projected to spend $1.4 trillion in 2020 and their #1 “splurge” is dining out.  Eating-Out while Eating-In as regular readers of this blog know the fastest growing trend within the sector.   Success does leave clues and $1.4 trillion is a big pile of cash. Are you doing all you can to drive incremental sale?
Invite Foodservice Solutions® to complete a Grocerant Program Assessment, Grocerant ScoreCard, or for product positioning or placement assistance, or call our Grocerant Guru®.  Since 1991 www.FoodserviceSolutions.us  of Tacoma, WA has been the global leader in the Grocerant niche. Contact: Steve@FoodserviceSolutions.us or 253-759-7869

Tuesday, September 10, 2019

US Restaurants Customer not Eating-less They are Eating Somewhere Else


Many legacy US based chain restaurants look more like yesterday, act more like yesterday, and are led by CEO’s to old to understand the undercurrents of change technology has brought to every sector of food retail today according to Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions®.  
Brand protectionism drove restaurant sales and store count growth while garnering banks and investors to line up and invest back in 1970’s, 1980’s, and 1990’s now the caution signs are out. Franchisees are upset, as customer counts continue to fall.  It seems that the CEO moto of ‘do-no-harm’ has doe has done the opposite as grocery stores service deli’s are growing at 8.2% and C-stores sales are growing at 6.5% a year.
Restaurant sales growth was -0.7% for August, the second consecutive month according to Black Box Intelligence™ data from TDn2K™, based on weekly sales from over 31,000 locations representing 170+ brands and $72 billion in annual sales. There is no getting around it.  Chain restaurants must evolve their business model according to Johnson.
Here is why:  Restaurant sector same-store traffic growth was -3.9% in August, following -4.0% in July.  September 2019 is the grocery store sectors Family Meals Month and that sure does not help the restaurant sector as they are having a tough time serving one meal at a time.
Regular readers of this blog know our Grocerant Guru® has 6 Pillars for growth he has outlined the past three years.  However, many legacy chain restaurants continue practicing brand protectionism looking more like yesterday than today or tomorrow and year over year customer counts reflect how consumers feel about where they are today.  Consumers are dynamic not static food brands must be dynamic as well.
Are you ready for some fresh ideations? Do your food marketing ideations look more like yesterday than tomorrow? Interested in learning how www.FoodserviceSolutions.us can edify your retail food brand while creating a platform for consumer convenient meal participationdifferentiation and individualization?  Email us at: Steve@FoodserviceSolutions.us or visit:  www.FoodserviceSolutions.us for more information.

Battle for Share of Stomach