Multi-Unit Community Buzz: Q1 2022

Multi-Unit Community Buzz: Inflation, Rate Hikes, War… Are Valuations Cresting? 

“Russia’s invasion of Ukraine has set the stage for faster-rising consumer prices, with the mayhem of war driving up manufacturing costs for food, consumer goods and machinery in places far from the battlefield.” 

-Patrick Thomas, Reporter at The Wall Street Journal 

“Tech-savvy consumers demand digital engagement from restaurants and want cutting-edge restaurant technology options that recognize them and know their preferences.” 

-Jean Chick, Principal of US Restaurant & Food Service at Deloitte 

“What we know is the [drive thru] model facilitates a much more efficient model where it’s easier for the guest, better for the team members and more profitable for the franchisees. Not everyone has an hour and a half to dine in, and this model will make us that much more attractive.” 

-John Cywinski, President at Applebee’s 

“The pandemic has highlighted how important the early years are, and interest in the early education market is growing as families, communities and governments are paying more attention.” 

-Matt Glickman, CEO of Promise Venture Studio 

“The labor market is extremely tight. Employers are having difficulties filling job openings, an unprecedented number of workers are quitting to take new jobs and wages are rising at their fastest pace in many years.” 

-Jerome Powell, Chair at the Federal Reserve