Daily Newsletter

19 September 2023

Daily Newsletter

19 September 2023

Jack in the Box opens new drive-through location in Utah, US

The new location has a drive-through and walk-up window for ordering and pickup.

Shivam Mishra September 19 2023

US-based quick services restaurant chain Jack in the Box is expanding its footprint with a new opening in Ogden, Utah.

The company said the new restaurant is its first drive-through-only location that features its CRAVED image.

Additionally, it is the second location to open in the Salt Lake City metropolitan area this summer.

It has a drive-through and walk-up window for ordering and pickup, as well as designated parking for mobile and third-party delivery orders.

With the opening, the restaurant chain is continuing its expansion into its first new market in more than ten years.

The first Salt Lake City location, which opened in July this year, is claimed to have generated a record-breaking full-first-month sales total and surpassed the previous record-holding new market launch by 66%.

It was also the first to showcase the CRAVED image with dine-in seating options.

Jack in the Box chief development officer Tim Linderman said: “This location features our dynamic new CRAVED image, which includes a new colour package, signage and imagery. Our historic entry into the Salt Lake City metro area is strengthened with our new Ogden restaurant. We are an iconic brand with a loyal following and we’re excited to bring Jack in the Box to our fans in Ogden.

“Growing our presence in new markets is a key Jack in the Box initiative. We are excited because the Salt Lake City metro serves as a fantastic example of the success our brand is building as it expands across the US.”

Last month, the company reported net earnings of $29.16m for the third quarter of fiscal year 2023, a 27.6% jump compared with the $22.85m a year ago.

Full-service restaurant (FSR) was the largest profit sector channel in Germany in 2022

Per GlobalData, the Germany foodservice profit sector is expected to grow at a CAGR of >11% during 2022-2027. FSR was the largest foodservice profit sector channel in 2022, with a share of 26.5%, reflecting the popularity of traditional fine-dining experiences among German consumers. Despite the highly fragmented market, pub, club & bar channel is set to record the highest growth during 2022–27, triggered by an increase in transactions and average transaction value.

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