Wednesday, July 30, 2008

Need for differentiation:

NY Times reports that Bennigan’s shuttered it company owned location

“All these bar and grill concepts are very, very similar,” said Bob Goldin, executive vice president of Technomic, a restaurant industry consulting group. “They have the same kind of menu, décor, appeal,” which makes it more difficult to establish brand loyalty among customers.

There are a lot of great locations available for companies with vision and differentiation.