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:
Uber cofounder and director Travis Kalanick sold more than half a billion dollars worth of stock last week, according to an SEC filing. The move came after the company's lockup period expired. Kalanick still directly owns more than 75 million shares in Uber. Though it's unclear why he chose to sell his shares, the money could help fund his new venture, CloudKitchens, which intends to rent space to restaurateurs for delivery-based businesses, reported CNBC. Full Story
Chipotle Mexican Grill will keep carne asada on the menu into first quarter 2020. The company previously said the offering would be removed in November or early December. Full Story
Burger King is launching a plant-based "Rebel" Whopper across Europe. Rebel Whopper patties are made by The Vegetarian Butcher, a Unilever-owned company. Meanwhile, Burger King is continuing its U.S. partnership with Impossible Foods to test out more options in 180 restaurants in select markets. Items being tested include an Impossible Whopper Jr. and an Impossible Burger with pickles, mustard and ketchup on a toasted sesame seed bun, reported CNN. Full Story
Yogurtland will open more than 15 locations in Indonesia over the next three years. Four of those stores will open in malls by the end of Nov. 2019. Full Story
Dunkin' will open in Columbia, SC reported The State. Full Storyread more
Upper Saddle River, NJ (November 5, 2019) – New Jersey-based news and information service The Food Institute and Washington, DC-based firm OFW Law are taking their popular U.S. Food Labeling Seminar online! This year’s labeling course will be available virtually, in multiple parts, to allow more food industry executives access across the country.
Twenty-nine percent of shoppers plan to order prepared meals or dishes to make things easier for the holidays, according to ServiceChannel.read more
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