Optimization Doesn’t Have to Mean Reduction

According to a recent study by Accenture, nearly 90 percent of US retailers are focused on cost reduction to close out 2016. Coupled with volatile retail sales figures from August to September and ongoing political uncertainty with the election, the world of traditional restaurant and retail rollout has hit a lull.

As tumultuous as the environment has been in 2016, recessionary lessons of investing during a downturn offer up a few things to consider when looking forward:

Setting your restaurant brand up for measured success during economic lulls but streamlining in order to avoid reduction.

Value-Engineering the Multiplier: Developing an entirely new prototype is an intensive task on people’s time, energy and internal budgets. While changing consumer behavior can force retailers to re-evaluate their total customer experience on a five-to-ten year cycle, there are ways to smartly keep the experience engaging and streamlined in the interim.

The multiplier effect of material…