Search Results for: john-gordon
RESTAURANTS: THE NEED FOR THE INDUSTRY TO “WALK BETWEEN THE RAINDROPS” by John A. Gordon, Principal and Founder, Pacific Management Consulting Group An evening or two of watching cable television ads gives you some sense of what is happening and will be affecting consumers going forward. You see endless QSR 2 for $5 or 2 for
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RESTAURANTS: THE SEARCH FOR WHAT WE CAN CONTROL by John A. Gordon, Principal and Founder, Pacific Management Consulting Group So, being a restaurant operator, and allied industry member, such as employee, investor, vendors, analysts, consultants and others, it has been a wild ride since February 2020. Two black swans since then: the Pandemic itself in March
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Restaurants: Always Challenges, But We Persevere… by John A. Gordon, Principal and Founder, Pacific Management Consulting Group The longer one spends in the restaurant space, veterans should be less shocked when adverse actions happen. After all, the restaurant industry is a versatile industry, surviving, World War II, desegregation, multiple gas shocks limitations and lines, 9-11, overbuilding,
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RESTAURANTS: IT’S ALWAYS COMPLICATED! by John A. Gordon, Principal and Founder, Pacific Management Consulting Group WHAT'S IN A NUMBER OR A CALENDAR VIEW? Plenty. We restaurant types live and die by numbers all the time. For example, in the restaurant M&A business, the calendar and numbers matter a lot in plotting the attractiveness of a transaction.
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Restaurants: Recession Underway or a Self-Fulfilling Prophesy? by John A. Gordon, Principal and Founder, Pacific Management Consulting Group I was in New York City last week to attend the Piper Sandler 2022 Restaurant Summit and to meet with clients and friends. Going to meetings is so refreshing now; people are so glad to see other people
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Restaurants: The Real World So Far, May 2022 by John A. Gordon, Principal and Founder, Pacific Management Consulting Group Pricing and Customer Considerations at the Top of the List Pricing and Fear of consumer reactions continued to take top billing in the restaurant space. On May 11, BLS reported[1] grocery store prices [food at home] rose
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RESTAURANTS: MUCH TO KEEP UP WITH! by John A. Gordon, Principal and Founder, Pacific Management Consulting Group Last month we discussed the increasing frequency of global black swan events [1] (consider 2001 (9-11); 2008/2009, (Great Recession) 2020-2021 (COVID), 2022 (Ukraine War) that are making life difficult for us. The results are cumulative and spillover to our
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Another Restaurant Black Swan Event! by John A. Gordon, Principal and Founder, Pacific Management Consulting Group Now we have a war in Ukraine that is affecting the restaurant space. As if we needed any more drama. It is another Black Swan. In 2007, a mathematician and former stock market trader named Nassim Talab used the term
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Restaurants: The Need to Stay Flexible by John A. Gordon, Principal and Founder, Pacific Management Consulting Group Triple inflation currently As an industry, we were hoping to be on the other side of the Pandemic mess by now, but its effects continue in several ways that we are too familiar with: sales variability, supply chain inflation
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2022: Restaurant Viewpoint: Thick Clouds and Poor Visibility by John A. Gordon, Principal and Founder, Pacific Management Consulting Group More Questions Than When We Started. Typically, by this point in mid-January, we would have some idea what the restaurant operating tempo[1] for the year beginning jump-off point is going to be. We would have entered January,
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