Black Box Intelligence LLC, Consumer Edge Research LLC, GuestMetrics LLC and People Report have announced the formation of a joint venture that will capture the combined product offerings of the four companies to provide foodservice industry data and analytics. Together, the four firms track the financial, consumer and human capital metrics of more than 200 hospitality and restaurant companies, 60,000 annual household surveys and one million employees.
“This joint venture allows BBI and People Report to deepen its penetration into restaurants, enter hotel foodservice and add leading macro and consumer research insights to its rich executive summary and benchmarked reports," said Wallace B. Doolin, founder, chairman and CEO of BBI. "Our combined technologies utilizing direct data feeds will fuel continued innovation in product offerings and speed of reporting. This is truly the next generation of game changing business intelligence."
BBI provides benchmarked weekly and monthly financial reports & insights, directly captured from more than 12,000 locations in the casual, fast casual, fine dining and quick-service segments.
GM is an enterprise-management provider of foodservice industry spending data, and currently captures more than 250 million transactions per year across the quick-service, fast casual, casual, fine dining, bar and hotel industries.
CER is an independent research boutique firm, focused on the global consumer sector, combining primary research with rigorous analytics.
People Report provides benchmarked human capital metrics for public and private foodservice companies, reporting on 20,000 outlets monthly on the demographics, turnover, and compensation practices in the service sector workforce.
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