1st Place National Winner - Spring 2020
University of Washington - Foster School of Business
Shutdown measures closed restaurants and eliminated dine-in revenue.
- Develop an Epicerie (takeaway grocery items service) to allow local customers to have french comfort food at home at a higher profit margin for the business
- Expand to future revenue channels such as local business alliance events, subscription services, and a remote worker lunch initiative
- Develop long term strategies optimizing takeout food leveraging technology and an online ordering experience
Even in a worst case scenario where the restaurant remains closed to dine in, these 3 options allow for an increase in EBIT above pre-covid rates.
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