Why Playing In A Narrow Space Is Key To Success In Fast Casual
Fast casual is the fastest-growing sector in the restaurant industry. In such a busy space, how does a new company stand out from the crowd?
Paul Damico, CEO of Naf Naf Middle Eastern Grill, says that it's all about having a solid product. "We are going to do Middle Eastern food better than anyone else."
Damico is a veteran of the fast casual industry. Prior to Naf Naf Grill, Damico served as President of FOCUS Brands overseeing more than 5,000 restaurants. Damico says he is excited to take the lessons he learned leading companies like Auntie Anne's and Cinnabon. The company plans to start franchising by the second quarter.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Visa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
Skift Editor-In-Chief Sarah Kopit discusses how summer travel plans remain uncertain for most as many international travelers are leery to travel abroad. Watch!
