In this episode of Take-Away with Sam Oches, Sam talks with David Portalatin, senior vice president and food industry advisor at market research firm The NPD Group. David joins the podcast to talk about how restaurants can win over customers even in this inflationary environment, why age is playing a big role in consumer traffic patterns, and which headwinds and tailwinds are affecting the restaurant industry as we head into 2023.

 

In this conversation, you’ll find out why:

• Grocery has the upper hand on affordability; restaurants must win on craveability
• With prices rising, value isn’t what it used to be
• Experience can be a part of your value equation
• There’s opportunity in providing for the customer within their own home
• An aging population is bad news for the restaurant industry
• The good news is that demand for convenience continues to skyrocket
• It’s going to get worse before it gets better

 

Have feedback or ideas for Take-Away? Email Sam at [email protected].