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David Farkas

David Farkas has worked for Chain Leader as a senior editor since 1998. He has particular expertise covering full-service restaurants and has written extensively on emerging concepts. His work has earned him several awards from the American Society for Business Publication Editors and the attention of national media outlets such as NPR.


User Stats

  • Recent Posts - 3
  • Avg Posts Per Week - 2
  • Posts Written - 292

Dave's Dispatch

Recent Posts

Chains Teens Like

November 3, 2009 | Link This | Email this | Comments (1)


   Since spring of 2007 restaurant analyst Nicole Miller of Piper Jaffray has been asking high school students (54 percent male, 44 percent female) to list their favorite chain restaurants in order of preference. Some 1,200 students, age 16 on average, are told to write in responses on blank lines, rather than choose them from a list, she says. About a third of the students work part-time jobs. Their weighted household income is $75,000.
   The following percentages reflect the results from tallying each student's top choice.

Fall 2008         ...Read More


Industries: Research

Recent Posts

Starbucks in Recovery

November 3, 2009 | Link This | Email this | Comments (0)

  

SBUX management met with numerous investors in recent months in both the U.S. and Europe and the feedback is pointing to continued improvement in [same-store sales] and significant progress on the cost cutting front.Trading at 9X 2010 EBITDA, we [sic] think a lot of good news is reflected in the shares.

   That's advice from Jefferies & Company restaurant analyst Jeff Farmer, who has a "hold" rating on the ...Read More
Industries: Expansion, Operations

Recent Posts

What Servers Should Never Do

November 2, 2009 | Link This | Email this | Comments (1)

   
   I would have posted this note as soon as I spotted Bruce Buschel's "dont's" list on his blog "
The Art of Running a Small Business," but I didn't take my computer to Denver last week, where a bunch of editors, operators and sponsors gathered for our annual conference, Chain Leader Live
   It was a good one, by the way, with presentations ranging from Granite City Brewery
...Read More
Industries: Human Resources

Recent Posts

My Beef with Professor Singer

October 26, 2009 | Link This | Email this | Comments (6)


   Shall we start with a 50 percent tax on the retail value of beef? That's the suggestion of Princeton University professor and author Peter Singer in today's New York Daily News
   Why tax red meat? 
  
...Read More
Industries: Operations

Recent Posts

Cheers! Drink Prices Rising

October 22, 2009 | Link This | Email this | Comments (1)


   Conventional holds that now is not the time for restaurants to raise prices. See my last blog post. But, in fact, menu prices have been climbing, if stealthily, according to Boston-based Intellaprice. Particularly drink prices, which have risen 2 percent in 2009. 
   Says Intellaprice President Leslie Kerr: "This year, food prices overall are down 0.6 percent and bar beverage prices are up nearly 2 percent. That’s compared to our 2008 finding that food prices were up 2 percent overall and bar beverages were up 5 percent vs. 2007."

...Read More


Industries: Marketing, Menu Development, Operations




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Dave's Dispatch 3 292
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