In 2001, Subway started its journey in India by opening its first outlet in Delhi. Today, after 15 years they boast of over 550 outlets in the country and aim to reach 2000 by the year 2020. The expansion of the restaurant chain is happening at a rapid rate and is expected to reach the eight-billion-dollar mark in the next 5 years. To celebrate their anniversary with their customers, … [Read more...] about Subway Celebrates Anniversary by Offering a Buy One Get One to Customers
Taking a leaf out of the Internet first restaurants such as Yumist, HolaChef, Petoo, etc, several restaurants are now shutting down outlets, and moving towards cloud kitchens. Mast Kalandar has shut down its restaurants in two of the four cities it was operating in, and Ammi’s Biryani has converted some of its outlets into cloud kitchens to cut down on the cost. A cloud kitchen is … [Read more...] about Are Cloud Kitchens the Smarter Way to Run Your Restaurant Business?
Themed interiors, unmatchable marketing, and extremely heavy discounts are some new tactics of restaurants to increase their sales and making sure they stay in front of their competitors. To please the customers, even more, food delivery has now become an essential part of almost every restaurant, big or small. With the startup wave hitting the country, a lot of food delivery startups … [Read more...] about The Woes of Food Delivery in the Restaurant Business
Taxes feel like a never ending maze of legal and mathematical terms and yet most people aren’t aware of what and how much tax they are paying while buying a product or a service. To overcome these confusions and the flurry of different taxes imposed on the general public, the Indian government has decided to adopt the policy of ‘one-nation-one tax’ and have come forward with the ‘Goods and … [Read more...] about The Impact of the GST Bill on the Restaurant Industry
IRCTC connect, a mobile application employed by IRCTC to enable users to view, book and cancel tickets has been doing fairly well since its release nearly 2 years ago, receiving more than 50 Lakh installs from the google play store. The end of 2015 saw MobiKwik partnering up with IRCTC to be the in-app payment option for consumers. In December 2015, IRCTC renamed their IRCTC Catering application … [Read more...] about MobiKwik Becomes the Exclusive E-Cash Payment Partner for IRCTC App
Since the beginning of 2015, Quick Service Restaurants have witnessed a diminishing same-store sale and that has led to the end of almost 100 stores across the country. The chains have not been able to keep up with the increasing pressure to boost their numbers and have been forced to get shut down. Even though the Quick Service restaurants such as McDonald’s, … [Read more...] about Quick Service Restaurants- The Biggest Segment Of The Indian Chained Restaurant Market.