Let's start this Friday off with five things I learned for the #FridayFive:
1. In Menu Matters LLC's most recent internal survey, nearly three-quarters of consumers are envious of another era or generation. The most envious? Millennials and Gen X. The least envious? Boomers. What we're seeing now is more #eraenvy than #nostalgia, and it's important to note the difference. Given this, it's not at all surprising that Taco Bell's retirement community sold out in less than three minutes. (https://lnkd.in/e5Ja9Saq)
2. Anyone living outside of urban areas knows how voracious deer are. Even so, it's easy to forget until nature gives you a stark reminder. Our pear trees were filled to the brim seven days ago...two days later, nothing. We're not relying on those pears for sustenance but I can understand the devasting impact that would have for anyone more reliant on a crop for revenue or for food.
3. #IceCream has always been a category that's existed on a very broad spectrum of #innovation and experimentation But this year feels different. There's been a fundamental shift farther toward more unique flavors like the potato chip ice cream Mike Kostyo and I enjoyed at Sip & Guzzle. This article features some of those truly unique and intriguing flavors. Honestly, I would love to try the strawberry & caviar ice cream, but that's just me. (https://lnkd.in/eWMCSpAj)
4. Rebranding is challenging, but sometimes necessary. We've seen national chains do it to varying degrees in an effort to better convey more modern sensibilities or shifts in menu focus. Other brands have engaged in rebranding for a host of reasons. But, as this article on the angst behind the rebranding of synchronized swimming to artistic swimming is interesting, particularly because of the pressure put on the sport by external forces (I'm looking at you International Olympic Committee – IOC). Some rebranding, despite the pain, hits the mark and ushers in a new era. Others miss, and the old brand quietly, or loudly, returns. (https://lnkd.in/esQ_RUTU)
5. I know there are farms for many different animals so I shouldn't be surprised that there are water buffalo farms in the U.S....but I am. More so, I'm surprised there are water buffalo farms in Tennessee. Regardless, who doesn't love a story about animals out of context...breaking free of their captivity to explore the human world. Happily, no one - human or water buffalo - was harmed during these vacations. (https://lnkd.in/egFp6BEx)
#trends2024 #consumerbehavior #foodservice #foodandbeverageindustry #restaurants