Foodservice operators and distributors need to have facts at their fingertips every day to compete in a crowded marketplace where business requires knowing consumer trends as well how much that will cost. Foodservice members of the Food Institute will be able to:
Burger King removed artificial preservatives from the Whopper in most European countries and select markets in the U.S., and removed colors and flavors from artificial sources from all core menu sandwiches and sides in those European countries and across the U.S. It plans to roll out the Whopper with no artificial preservatives, colors, or flavors at all restaurants in the U.S. throughout the year. Full Story
McDonald's and Starbucks launched a reusable cup pilot program at select locations in California. The effort involves distributing cups made mostly from plastic and designed with RFID chips or QR codes that can be digitally tracked then collected, cleaned, and reused. The pilot will also include some compostable and recyclable single-use cups, reported St. Louis Post-Dispatch. Full Story
Waitr Holdings Inc. plans to convert its food delivery drivers into independent contractors. Shifting to a contract-worker model could lower labor costs for Waitr, though it means the company may have less control over driver dress and behavior. It plans to complete the conversion by April, reported Pacific Business News. Full Story
South Africa's Grand Parade Investments Ltd. will sell its 95.4% stake in the Burger King franchise and all of Grand Foods Meat Plant to ECP Africa Fund for $46.5 million. Grand Foods Meat Plant operates a burger-making facility, with Burger King being its largest customer accounting for more than 90% sales, reported Reuters. Full Story
Dulce de Leche Bakery will open in Englewood, NJ, reported NJ.com. Full Storyread more
Upper Saddle River, NJ (February 11, 2020) - The Food Institute, a New Jersey-based news and market research company founded in 1928, is proud to announce the appointment of Richard Bei as Chief Operating Officer and Head of Data Science.
In our Feb. 3 issue, we reported on Fairway Market’s filing for Chapter 11 bankruptcy and the pending sale of up to five of its New York City stores plus distribution center to ShopRite owner-operator Village Super Market for $70 million. In this article, we delve deeper into the root causes of Fairway’s demise, and the general factors plaguing the supermarket industry as a whole.read more
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