My speaking schedule at the 2010 Foodservice at Retail Exchange will be as follows:
Tuesday, June 29, 2010
12:45 – 1:45 PM
Opportunities in Today’s Economy
Speaker: Dean Dirks, Dirks & Associates
This breakout session focuses on the economic factors that affect the foodservice segment: unemployment, low customer counts, lack of disposable income, increased fuel prices, and fear of job losses. While the challenges may be overwhelming, they also create opportunities.
Analysis from convenience store, grocery, fast casual and fast food will be presented. Trends from all segments will be reviewed and analyzed. While each segment is different, common trends can help operators draw conclusions. These trends include home meal replacement, organic, obesity, green operations, labeling regulation, and healthy foods, to name a few. All segments are struggling with the same issues, but some are reacting differently. Some companies are pulling out of foodservice or scaling it down, others are getting more aggressive with discounting and promotions, and others are merchandising menus.
Expense categories and opportunities will be discussed, primarily labor and food costs. There are no magic bullets when it comes to expense management. Well-managed food service is operated on a few basic principles but the key is execution. This session will offer operators excellent ideas on how to increase revenues while lowering expenses.