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Grocerant… What’s That?

Grocerant… What’s That?

Restaurant examples are McDonalds, Pret A Manger Burger King, Pizza Hut, Papa Murphy’s and Starbucks, each having a fresh Ready-2-Eat or Heat-N-Eat fresh prepared food. In the Casual Dining sector Maggiano’s Little Italy offers a buy one take a 2nd home for free in their Classic Pastas menu section, Olive Garden, Chili’s, Boston Market and Denny’s.  That is to name but a few.

Drug Store examples Walgreens as a food destination yet Walgreens sells fresh soft-serve yogurt, coffee, sandwiches, salads  and sushi at selected stores, so they are technically grocerants.

Convenience Store examples are 7 Eleven, Wawa, Sheetz, Sheetz, and QuickChek, all of which sell fresh and prepared sandwiches, salads, beverages.

The numbers of Grocerants now offering their services are almost to many to number.  It is a trend that will only grow and grow as the American customer becomes busier and busier.

 

2013 Franchise Outlook

2013 Franchise Outlook

yearGood news, franchisees and potential franchisees! The 2013 Franchise Business Economic Outlook has been released and the news is mostly good. Although most industries have been struggling lately, slow and controlled growth are expected in franchising. Perhaps that’s a reflection of the a general desire to cling to established businesses rather than taking on extra risk in a time when so much is uncertain?

Some other highlights:

  • The number of total franchise locations is expected to increase in 2013, by about 1.3%.
  • The GDP of the franchise section is predicted to increase by 4.1%.
  • The franchise sector is expected to create 162,000 new jobs this year.

Overall, good things are in store this year, and the franchise industry is definitely doing its part to help the economic recovery and create new local jobs in cities and towns all over the country. Want to know more? You can read the full 26-page report here.

Franchise Bytes

Franchise Bytes

Franchise Bytes is a new blog designed to help you learn about franchise opportunities from an objective source. We’ve been consulting in the industry for years, and we wanted to put that knowledge to good use by helping people make informed decisions. If you have any questions or comments, please feel free to leave your comments on any post!