On the menu of this new delivery edition, let us tell you about quick-service restaurants and their competitive advantage, the best restaurant (which does not exist) in Montreal, Montreal restaurateurs who are trying the Toronto adventure and Shawinigan , which wants to set up a specialized collection for restaurants.
First, quick-service restaurants are better positioned than full-service restaurants to weather the coming economic storm, according to DBRS Morningstar. It's no surprise we're hearing that restaurants around the world are facing economic challenges, including a drop in consumer spending, inflation and high interest rates. These elements have a direct impact on client budgets. In some countries, restaurant traffic has taken more than two years to return to 2019 levels. Afterwards, even when traffic has picked up, costs have increased for businesses.
Economic challenges are causing people to go out less often and spend less when they do, which is already reflected in data from the United States and Canada.
While restaurants may benefit from more people returning to the office in 2023, this will be offset by lower expenses and lower demand for franchise growth, as well as lower capital expenditures in the food industry. Restoration.
Then, a weird situation happened on the listing of Montreal restaurants on Tripadvisor in the last few days. The restaurant Le Nouveau Duluth finds itself at the top of the rankings, even if it absolutely does not exist! Le Spot Saint-Denis has been run by Yoo Jeung for 22 years, located next to Montreal's top-rated restaurant on Tripadvisor, Le Nouveau Duluth, which Ms. Jeung says she doesn't know. Photos on the restaurant's page show items that don't exist at this location. However, there are 85 five-star reviews on the site. The fake restaurant was removed by Tripadvisor after being contacted by CBC.
Fake reviews on platforms like Tripadvisor are relatively easy to spot, according to cybersecurity expert Terry Cutler. Graziella Battista, owner of restaurant Graziella, denounces this practice and stresses the need to regulate online review sites so that real restaurants are not pushed back in the rankings. The Quebec Ministry of Tourism does not intend to regulate online restaurant rankings or implement an official ranking system for tourist attractions.
Also, no less than six Montreal-based restaurant chains, including Boustan, Spice Bros, Mandy's, Sushi Sama, Seau de crabe and Café Dispatch, opened their first branches in Toronto last year. While some of them have failed to rise to the challenge of establishing themselves in the big city, several chains are planning expansions. The Spice Bros co-founder said about 50 entrepreneurs wanted an Ontario franchise for his Indian fast-food chain. The popular Boustan chain opened its first Toronto location specifically in Scarborough in January 2022. However, the Toronto branch of Sushi Sama abruptly closed its doors less than a year later.
According to a restaurant consultant, the challenges are financial and cultural, as rents and property taxes in Toronto are higher than those in Montreal, and Torontonians have different habits and lifestyles. Chains looking to expand into Toronto should partner with a local personality who understands the market.
Finally, the city of Shawinigan invites restaurant owners to complete an online survey to assess the needs for specialized collection of organic materials, glass, ceramics, flexible plastics, vegetable oils and coffee grounds. The survey is conducted by Circular Economy Mauricie +, in collaboration with Environnement Mauricie, SADC Shawinigan and CCIS. About fifteen restaurants will also take part in a pilot project to measure the quantity of waste generated by these materials. The results of the survey will help paint a more accurate picture of specialized collection needs. The collection feasibility study was entrusted to the firm Stratzer, which will assess the obstacles to the implementation of sorting and collection of materials as well as the costs associated with the recovery of materials. The results of the survey should be released shortly.
