Rolling out “on-trend” initiatives can have a profound impact on your restaurant, from enhancing brand image and guest satisfaction to increasing efficiency and profitability. Identifying and setting those trends before your competition gives your restaurant a distinct competitive advantage. In the fast-paced, ever-evolving restaurant environment, it’s easy to waste time chasing the wrong trend, or to fall so far behind that you lose relevance. From motherless meat and CBD-infused foods to robots and next-gen fast casual, we’ve put six of Baum + Whiteman’s 2019 F&B trends on trial to sift through what’s worth adopting so you don’t have to.
At the start of the B2B Next Conference & Exhibition, conference founder Andy Hoar shared a revealing story. Six years ago, a company hired him to host a B2B ecommerce event and a dozen people showed up. Last week, 700 people sat in front of Hoar for the inaugural B2B Next event in Chicago, a clear sign of the tremendous interest in and growth of this field.
It’s easy to overlook the fact that technology alone will not turn your business into a successful company. Your business must first develop a thoughtful strategy that differentiates it and keeps customers happy. Technology is what can help solve the problems that pop up during that transformation.
The federal government took a major step toward regulating ecommerce on Thursday when the Supreme Court upheld a South Dakota law that allows the state to gather sales tax from online businesses with at least $100,000 in sales from state residents or 200 transactions in the state annually. This overturned a ruling from 1992, Quill Corp. v. North Dakota, that prevented states from collecting taxes from companies without a physical presence in their state.
Like the rest of the retail industry, home goods retail is in the midst of a major transition. Today’s shopper expects an anytime, anywhere commerce experience. For brands to meet and exceed those customer expectations, they must move from siloed multichannel retailing to frictionless omnichannel commerce.