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Tech Tracker: How digital tech is capitalizing on the hot restaurant reservations market
Tock and Google now offer experience reservations; Diibs launches as a platform for bidding on last-minute reservations
This is part of Nation’s Restaurant News’ annual Top 100 report, a proprietary census ranking the foodservice industry’s largest restaurant chains and companies by sales and unit data, among other metrics.
June 30, 2014
Groupe Le Duff S.A.’s acquisition of Mimi’s Cafe helped drive foodservice revenue in 2013.
The Top 100 largest restaurant companies posted a significant retreat in aggregate U.S. revenue growth — from an increase of 8.6 percent in the Preceding Year to just 4.9 percent in the Latest Year — mainly as a result of corporate refranchising efforts and swaps of private equity-controlled assets.
The Nation’s Restaurant News Top 100 company report follows the money of restaurant parent companies separately from restaurant brands’ U.S. systemwide sales, found in the chain results on pages 12-13. The tracked U.S. revenue includes foodservice sales from company-owned restaurants, as well as booked franchise fees and royalties. Revenue is booked to the ultimate corporate owner of a restaurant brand only while that entity holds a controlli...
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