In this week’s food industry news in 2 minutes, we examine the latest Gen Z drinking trend that’s poised to impact the alcohol industry.
In other food and beverage industry news, nearly two dozen restaurant chains and operating groups have filed for bankruptcy in 2025, according to BankruptcyData.com, mirroring the numbers encountered in 2024. To combat these headwinds, operators are working to offer value, cut through the noise, introduce new menu items, reinvigorate existing items, and provide excellent service, reported The Wall Street Journal. Full Story
And finally, increased interest in value meals among inflation-weary consumers has paved the way for value deals as the holiday shopping season commences. At Target, Black Friday began Nov. 1 and will extend until Christmas Eve, while Walmart is holding a series of Black Friday sales offering both online and in-store bargains. FI Focus
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