David Henkes

David Henkes

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Technomic senior principal; restaurant industry analysis

Starbucks Pre‑order Limited to One‑hour Advance
SocialApr 28, 2026

Starbucks Pre‑order Limited to One‑hour Advance

Frankly this seems like a no-brainer to be able to do on a delivery app: Starbucks will allow you to pre-order and plan your pick up times in advance. But - apparently only up to one hour ahead of pick-up. #restaurant #delivery...

By David Henkes
Restaurants and Bars Stuck in Ongoing Affordability Crisis
SocialApr 28, 2026

Restaurants and Bars Stuck in Ongoing Affordability Crisis

Restaurants (and bars) have an affordability crisis. While the energy crisis is the most recent challenge, prices have been going up for a myriad of reasons for several years now.

By David Henkes
McDonald's Refresh Era Launches, Industry Impact Awaits
SocialApr 28, 2026

McDonald's Refresh Era Launches, Industry Impact Awaits

The McDonalds refresher era is soft launching today. Will be interesting to see the impact it has on the industry.

By David Henkes
Independents Shrink While Chains Slightly Grow in 2025
SocialApr 27, 2026

Independents Shrink While Chains Slightly Grow in 2025

2025 was a rough year for independent #restaurants. Let's look at the numbers of units; the closures indicate that it remains really challenging for smaller operators to stay afloat: Limited service Chains +1.6% Independents -1.8% Full Service Chains -0.1% Independents -2.6%

By David Henkes
Consistent Execution Beats Innovation in Restaurant Success
SocialApr 24, 2026

Consistent Execution Beats Innovation in Restaurant Success

Interesting concept; I just wonder how sustainable this is - one guy, every day making pizzas. Still, this line I think is the key to any successful restaurant (IMHO): "You don't need to be innovative. You don't need to be...

By David Henkes
Chicken Chains Grow 4% Annually, Fueling Fierce Competition
SocialApr 24, 2026

Chicken Chains Grow 4% Annually, Fueling Fierce Competition

The number of units operated by chicken restaurant chains has gone up by roughly 4% EVERY YEAR since 2015. This has turned into a really competitive part of the industry. https://t.co/jXk3R2F3QR

By David Henkes
Top Large Cities Reveal Geographic Edge for New Restaurants
SocialApr 23, 2026

Top Large Cities Reveal Geographic Edge for New Restaurants

Aspiring restaurant operators - here is an interesting resource about the best large cities to start a business. Some interesting geographical differences. https://t.co/3JGPaRhc7m

By David Henkes
Convenience Services Set to Outperform Foodservice Industry
SocialApr 23, 2026

Convenience Services Set to Outperform Foodservice Industry

In LA for the 2026 NAMA Show and sharing our research on the health and outlook for the broader convenience services industry. This part of the broader #foodservice industry should outperform. #vending #micromarket https://t.co/SstO0lXeJO

By David Henkes
Key Restaurant Trends Unveiled at Leadership Conference
SocialApr 23, 2026

Key Restaurant Trends Unveiled at Leadership Conference

Nice write up of the trends and outlook presentation that my @Technomic colleagues Rich and Lizzie gave at the Restaurant Leadership Conference earlier this week in Scottsdale. https://t.co/vdppbiWWIC

By David Henkes
Chicken Chains Surge 46% Despite Slowing Sales
SocialApr 21, 2026

Chicken Chains Surge 46% Despite Slowing Sales

Consumers love chicken, but like all parts of the restaurant industry, sales are slowing. The count of chicken restaurant chain stores (as defined as appearing in our @Technomic top 500) has increased 46% over the last decade - meaning 6,200...

By David Henkes
Ask “Should?” Before Asking “Can?”
SocialApr 21, 2026

Ask “Should?” Before Asking “Can?”

“They were so preoccupied with whether they could do something, but they never asked if they should“

By David Henkes
Human Connection Fuels Optimism in Hospitality Industry
SocialApr 20, 2026

Human Connection Fuels Optimism in Hospitality Industry

This is a good read and one reason to be optimistic about the hospitality industry - which is all about human interaction and experiences. (Well, mostly.)

By David Henkes
Foodservice Market Hits $50B Across Schools and Restaurants
SocialApr 20, 2026

Foodservice Market Hits $50B Across Schools and Restaurants

Big implications for #restaurants for sure, but also #foodservice sales in K12 and college/universities, which when combined represents over $50 billion in spending.

By David Henkes
McDonald's Beverage Push Taps Booming, Resilient Cold Drinks Market
SocialApr 17, 2026

McDonald's Beverage Push Taps Booming, Resilient Cold Drinks Market

I tend to agree with @jonathanmaze here on the impact of @McDonalds getting heavier into the beverage space. This is a category (cold beverages in particular) that has shown tremendous resilience and indeed is outperforming all restaurants and foodservice in...

By David Henkes
Technomic Top 500 Report Sets Benchmark for US Chain Restaurants
SocialApr 16, 2026

Technomic Top 500 Report Sets Benchmark for US Chain Restaurants

The @Technomic Top 500 report was issued this week. Always one of our most popular reports, it sets the bar for highest quality data on the US chain #restaurant market. 1/ https://t.co/cpazRO0Kx4

By David Henkes
Third‑Party Delivery Only Viable If Fully Incremental
SocialApr 16, 2026

Third‑Party Delivery Only Viable If Fully Incremental

We did an economic impact study several years ago on third party delivery. Economically, the only way it made sense was if all the business was incremental, because if not it was just cannibalizing revenue. As noted, it's hard to...

By David Henkes
DoorDash Pilots Reusable Containers as Waste Concerns Rise
SocialApr 15, 2026

DoorDash Pilots Reusable Containers as Waste Concerns Rise

Disposable packaging at restaurants is becoming a big issue as sustainability demands and regulatory pressures increase. "Reusable" containers have been around for a while but haven't gained much traction, but DoorDash is testing reusable containers in the Bay area. 1/ https://t.co/fElzeWcgxn

By David Henkes
Coke Freestyle and Pepsi Spire Fell Short of Hype
SocialApr 14, 2026

Coke Freestyle and Pepsi Spire Fell Short of Hype

Great thread on the Coke Freestyle machine. Lots of potential and hype, but I think anyone would admit it's underperformed well below their expectations. I know a number of restaurants that used and moved away. To be fair, Pepsi had a...

By David Henkes
Refreshers Span Multiple Categories, Complicating Sales Analysis
SocialApr 14, 2026

Refreshers Span Multiple Categories, Complicating Sales Analysis

This has been a central theme for me @Technomic all Spring as I've been updating our #restaurant and #foodservice beverage sales figures. Refreshers fall into all sorts of categories: lemonades, teas, aguas frescas, juice drinks. Hard to pinpoint exactly *what*...

By David Henkes
Humor Is the Underrated Survival Tool in Chaos
SocialApr 13, 2026

Humor Is the Underrated Survival Tool in Chaos

Underappreciated life hack is keeping a sense of humor even as things crumble around you.

By David Henkes
Crumbl's Sweet Surge Faces Economic Reality Check
SocialApr 13, 2026

Crumbl's Sweet Surge Faces Economic Reality Check

I've been a fan of Crumbl; while snack concepts have generally been doing well as consumers look for affordable indulgences, at some point the economic realities catch up with them. Crumbl isn't going away but the cracks are starting to...

By David Henkes
Pilot Confirms Frequent Travelers' Biggest Fear
SocialApr 7, 2026

Pilot Confirms Frequent Travelers' Biggest Fear

As a frequent traveler this has always worried me too, but it sounds even more terrifying coming from a pilot.

By David Henkes
Global QSRs Should Cross‑sell Hit Items Abroad
SocialApr 7, 2026

Global QSRs Should Cross‑sell Hit Items Abroad

Hot take: big, global #QSR chains should do more cross-selling of their popular menu items in other countries. A couple of chains are starting to catch on, and I bet this limited time Butter Chicken Taco is going to be...

By David Henkes
Hungry Howie's Pet‑themed Secret Menu Leverages National Pet Day
SocialApr 7, 2026

Hungry Howie's Pet‑themed Secret Menu Leverages National Pet Day

Appealing to the US consumers' love of their pets is always a smart promotion, as pizza chain Hungry Howie's partners with Happy Howie's for a "secret menu" to coincide with National Pet Day starting 4/11. https://t.co/WXrllxhuAi

By David Henkes
Analyzing the Sysco‑Restaurant Depot Deal on Deeper Dive
SocialApr 3, 2026

Analyzing the Sysco‑Restaurant Depot Deal on Deeper Dive

I joined @jonathanmaze on his "Deeper Dive" podcast earlier this week to discuss the Sysco/Restaurant Depot deal. #restaurant #distribution #Sysco $SYY https://t.co/aJyWwsj04T

By David Henkes
Independent Restaurants Urge FTC to Block Deal
SocialApr 1, 2026

Independent Restaurants Urge FTC to Block Deal

Now, an association representing independent restaurants (the Independent Restaurant Coalition) has come out calling on the FTC to reject the deal. https://t.co/gHLxPAXYqC

By David Henkes
Four Key Signals Reveal True State of Oil Markets
SocialApr 1, 2026

Four Key Signals Reveal True State of Oil Markets

This is a great read about how to think about what's happening with oil and Hormuz - and ultimately with the world economy. The headlines are all over the place, but these 4 signals can tell you what's really happening.

By David Henkes
Dos Toros Returns to Chicago After Closure
SocialMar 31, 2026

Dos Toros Returns to Chicago After Closure

We had a Dos Toros (@DosToros) right across from our office that closed a couple of years ago. Glad to see they're coming back to the #Chicago market. https://t.co/r468kvvIBn

By David Henkes
Swig Pioneered Dirty Soda Trend, Still Rapidly Expanding
SocialMar 31, 2026

Swig Pioneered Dirty Soda Trend, Still Rapidly Expanding

Swig essentially created the "dirty soda" trend, now nearly every #restaurant is doing it (especially within #fastfood). And Swig is growing like crazy even as this new beverage category is becoming more ubiquitous. https://t.co/L4IjIvvaM3

By David Henkes
Cash‑and‑Carry Saves Money When Items and Distance Align
SocialMar 31, 2026

Cash‑and‑Carry Saves Money When Items and Distance Align

Good perspective on using cash-and-carry from a #restaurant operator. But sometimes the savings can outweigh the hassle and wear & tear; depends what you're buying and how far you're driving.

By David Henkes
Sysco's Pending Restaurant Depot Deal Sparks Industry Debate
SocialMar 31, 2026

Sysco's Pending Restaurant Depot Deal Sparks Industry Debate

Some additional thoughts on the Sysco acquisition of Restaurant Depot (which still needs to get regulatory approval.) Here's a short thread but I'm curious what people in the #restaurant industry think about this deal? 1/10

By David Henkes
Beverage Category Becomes Restaurants' Innovation Battleground
SocialMar 30, 2026

Beverage Category Becomes Restaurants' Innovation Battleground

I continue to believe that the beverage category is the innovation battleground in #restaurants today. This article from our sister publication @RB_magazine lays out how some smaller coffee shops are innovating (warning: pay wall for non-subscribers.) But here are trends:...

By David Henkes
Sysco Moves Into Cash‑and‑carry with Restaurant Depot Acquisition
SocialMar 30, 2026

Sysco Moves Into Cash‑and‑carry with Restaurant Depot Acquisition

Big news as @Sysco announces the acquisition of Restaurant Depot. While broadline has done well, cash-n-carry distribution continues to do well & this gets Sysco into a segment that it has historically avoided. This is from last year but growth is...

By David Henkes
World Record: Most Michelin-Starred Meals in One Day
SocialMar 28, 2026

World Record: Most Michelin-Starred Meals in One Day

Who knew there was a World Record about how many Michelin starred restaurants you could eat at in a day? Also, the amount spent seems pretty reasonable but it’s clear he was eating a lot of small plates.

By David Henkes
Dietician‑Approved Chili’s Fajitas Prove Restaurants Can Be Healthy
SocialMar 27, 2026

Dietician‑Approved Chili’s Fajitas Prove Restaurants Can Be Healthy

Eating at #restaurants is often perceived to be unhealthy, but like anything, you can find good options if you just look a bit harder. In this case: the fajitas at @Chilis are the choice of dieticians looking for a healthy,...

By David Henkes
Convenience Stores Emerge as QSR Competitors
SocialMar 26, 2026

Convenience Stores Emerge as QSR Competitors

We've been saying for many years that convenience stores are the sleeping giant that could, if they ever got their act together, create a strong competitor to quick service restaurants. Increasingly, c-stores are getting their act together. https://t.co/cFqwKkdF7a

By David Henkes
OpenTable Demands Primary Status, Limiting Secondary Reservation Systems
SocialMar 26, 2026

OpenTable Demands Primary Status, Limiting Secondary Reservation Systems

The restaurant reservation system wars are heating up as OpenTable is now requiring any restaurant using the platform to be their primary "system of record." Operators can still use others, but only as secondary systems. https://t.co/8JreI1ovqF

By David Henkes
Red Lobster's Turnaround Shows Early Positive Signs
SocialMar 25, 2026

Red Lobster's Turnaround Shows Early Positive Signs

How is the turnaround going at Red Lobster? @business takes a look at the current status, with some comments by yours truly in the article. https://t.co/eESerWrtou

By David Henkes
Pizza Hut Hires $31K Crust Expert for Pi Day
SocialMar 13, 2026

Pizza Hut Hires $31K Crust Expert for Pi Day

I like this customer engagement idea: @pizzahut, as part of its rollout of a new crust and celebration of Pi Day, is hiring a "Hut Crust Connoisseur" who will be paid $31K and get free pizza for a year. #restaurant...

By David Henkes
Restaurants Counter Ozempic Trend with Mini‑Cocktails
SocialMar 12, 2026

Restaurants Counter Ozempic Trend with Mini‑Cocktails

Restaurant operators are adapting to the "Ozempic effect" through various types of menu engineering and new product development. This one - mini-cocktails - is interesting as a lower cost, lower calorie (smaller portion) option. https://t.co/IiaEwuneAR

By David Henkes
AI Ordering Soon, Delivery Costs Still Unchanged
SocialMar 11, 2026

AI Ordering Soon, Delivery Costs Still Unchanged

Ordering thru ChatGPT, Gemini or other AI tools isn't reality yet, but it will be soon. These are increasingly replacing search engines as a means to discovery, and ordering will be linked soon enough. Can AI help bring down delivery costs?...

By David Henkes
Restaurant Prices Rise Faster Than Overall Inflation
SocialMar 11, 2026

Restaurant Prices Rise Faster Than Overall Inflation

Restaurant menu price inflation continues to run hotter than overall inflation. Today's reading shows FAFH CPI up 3.9% (!), with limited service prices up 3.2% and full service up 4.6%. The affordability crisis continues. https://t.co/c9SLvliOyk

By David Henkes
Live Events Should Become the New Menu Launch Standard
SocialMar 10, 2026

Live Events Should Become the New Menu Launch Standard

Hot take: more restaurant chains should introduce their new menu items in a live event complete with celebrities, choirs, and dancing, just like @tacobell. Here's everything Taco Bell revealed at Live Mas Live https://t.co/wRXDVDJ00I

By David Henkes
Restaurants Use Barbell Pricing: Cheap Entrants, High‑Margin Winners
SocialMar 7, 2026

Restaurants Use Barbell Pricing: Cheap Entrants, High‑Margin Winners

Great perspective; #restaurants typically have some type of "barbell" pricing/menu items; low cost to get people in the door, and higher value (hopefully higher margin) to pay the bills.

By David Henkes