Food Industry Flashcards

0
Q

Describe farm-to-table and direct-to-consumer businesses.

A
  • Recently, a lot of farmers are trying to cut out middlemen and bring products directly to consumers
  • A great example is when a few North Dakota farmers get together to form Farmers Restaurant Group and open restaurants in Washington D.C
  • They hired former Cheesecake Restaurant executives and open Founding Farmers restaurants that are extremely successful.
  • There are risks to this approach, however. For example, there are recent criticism about some food sources.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
1
Q

Describe Dunkin Donuts expansion in Europe

A
  • U.S stores are not growing quickly enough and Europe has few dunkin donut locations.
  • They are planning on expanding there by choosing cheaper locations, adapting to local tastes, and having larger areas for lingering.
  • Competition against starbucks, krispy kreme, etc.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly