Pizza sales skyrocketed during the pandemic. Major chains saw a combined 6% uptick to $27.5 billion in 2020, according to an industry report from Technomic. And while boom may have leveled off in recent months, …
New research on consumers who use food-delivery companies like UberEats, GrubHub and DoorDash indicates that today’s food-delivery customers tend to be young and wealthy. Virtual brand company Nextbite’s white paper revealed that 71% of survey …
New research shows reason for optimism in the fine-dining space. Merchant Centric, which monitors customer reviews, recently noted that, during the first half of 2021, fine dining had the strongest guest sentiment and star rating …
The labor shortage continues to take a toll on restaurants across the U.S., just as the holiday season gets underway. For example, a California Boston Market shut on Thanksgiving after staff did not show up, …
Online and physical restaurant visits during lunch rose 4% in the year ending September 2021 compared to a year ago when visits were down 11%, based on The NPD Group’s U.S. foodservice industry tracking. “Consumers are …
Chip City launched just four years ago, under less-than-ideal circumstances. The cookie-and-coffee chain’s CEO, Peter Phillips, had a background in construction and was largely unfamiliar with the food industry. The company started with a mere …
While some might shy away from investing in restaurants right now, Dan Rowe is doubling down. The way he sees it, even during a lingering pandemic, people still wake up hungry every day, so certain …
What Vijay Kodali envisioned for years has finally become a reality. “We figure that, if we open our own restaurant and launch it, and make it operational, it’ll be a great story for us to …
The sandwich market’s potential appears to be underscored by recent quick-service restaurant acquisitions. In the span of two weeks, a pair of QSR parent companies expanded their culinary offerings via acquisitions of established brands. Restaurant …
Chicago residents in need of last-minute ingredients are in luck. Getir, the Turkish provider of ultrafast, 10-minute grocery delivery, started operations in the Windy City this week. The company, which was founded in Istanbul in …
A new survey signals that marijuana is competing with alcohol for Gen Z’s dollars. Technomic’s recent Adult Beverage Planning Program report shows that, in states where recreational cannabis is legal, nearly two-thirds (65%) of Gen …
By most accounts, post-pandemic life will involve lots of online shopping for consumers. Coronavirus lockdowns nudged most consumers in that direction, and innovation is pushing them further toward adoption of extensive online shopping for purchases …
During CPG Growth Strategies in an Inflationary 2022 – a recent webinar presented by IRI and RBC Capital Markets – experts noted what to expect in the months ahead regarding food prices, the labor pool, …
(Updated Nov. 11, 2021 with Sysco Q3 numbers) Prices for supplies from foodservice distribution giants US Foods and Sysco rose 11.5% and 13.4% respectively during the third quarter but had little effect on soaring demand …
What seemed like something straight out of science fiction just a few years ago is quickly becoming a reality for the food industry. Robots are now doing everything from picking, preparing and delivering supplies. With …
This article is sponsored and written by RSM US LLP. There are tremendous opportunities for growth in the food and beverage industry, especially for brands able to harness the power of technology to enhance supply …
Recently released October statistics from Indeed Hiring Lab indicated fewer people are looking for jobs in the hospitality-tourism sector – nearly 24% fewer than in February 2020 when the pandemic first took hold. Even with …
UPSIDE Foods (formerly Memphis Meats) is opening what it says is the most advanced cultivated meat production facility in the world. The Engineering, Production, and Innovation Center (EPIC) features a 53,000-square foot campus in Emeryville, California, …
Holiday spending is shaping up quite differently this year, following months of COVID-19 vaccines and gradual restaurant recovery. Not only are people shopping earlier this season — with stats from NPD Group showing that 51% …
The idea of a meat tax has been in the spotlight as of late to reduce consumption of beef due to its effects on climate change. The United Nations said that emissions from livestock account …
Alternatives to traditional seafood continue to diversify through plant-based, cultivated, and fermentation-derived production methods, and investors are casting their bets accordingly. According to a recent Good Food Institute (GFI) State of the Industry report, alternative …
Prior to last year, David Portalatin noticed it all the time. In his hometown of Houston, restaurant customers sought “Instagrammable moments,” in which they snapped photos of tasty-looking food and friends with whom they were …
Subway is getting back to the diet business, becoming the first quick-serve restaurant to offer a 1-net-carb bread. The sandwich chain, which has nearly 40,000 restaurants in more than 100 countries operated by franchisees, always …
Sweetgreen, the quick-serve salad chain out to take advantage of consumer interest in sustainability, this week became the latest restaurant chain to file for an initial public offering. And, experts say the move couldn’t come …
Although the 2022 prospects for foodservice distributors are on the rise, the industry still faces several challenges, according to Technomic Principal Wade Hanson. Hanson, speaking on a webinar hosted by the International Foodservice Distributors Association …
Overall CPI rose 0.4% in September, slightly ahead of estimates of 0.3%, with the indexes for food and shelter contributing to more than half of the monthly increase. The food price index climbed 0.8%, with …
Food inflation is approaching pivotal levels in the U.S., with prices for food consumed in the home increasing 4.5% in September compared with the same month of 2020. As input costs continue to rise, more …
Quick service restaurants have always adopted new technologies. With the latest innovations, however, the industry is likely to move away from tactics like cashiers asking whether you want fries with your order to complex algorithms …
McDonald’s will test the McPlant burger in partnership with Beyond Meat in eight U.S. locations next month. Beginning November 3, customers in Irving, Texas; Carrollton, Texas; Cedar Falls, Iowa; Jennings, Louisiana; Lake Charles, Louisiana; El …
Following in the footsteps of Millennials, Gen Z has taken a liking to chains such as Olive Garden and Starbucks, proving everything is cyclical, according to Piper Sandler’s latest Taking Stock with Teens survey. The Food …
Restaurant owners and operators are gearing up for another winter of outdoor dining. While many had to scramble in 2020 to find tents and propane heaters, restaurateurs are adding higher-quality permanent setups for the coming …
In a recent Barclays conference call, a team of analysts discussed the success of gig delivery and how it could become a compelling offering for retailers. Here’s a look at the key takeaways from the …
Mediterranean Diet Roundtables are trade events meant to influence nearly all elements of the food industry. Yet, it appears the world doesn’t need any further convincing these days: the diet’s popularity is irrefutable. “No matter …
Over half of restaurant operators surveyed by the National Restaurant Association (NRA) say that business conditions are worse now than three months ago. At the same time, sales are sagging. Here’s a look at the …
Restaurants and hotels are pushing back against unruly customers and eschewing the adage “the customer is always right.” Some 60% of restaurant workers said they had suffered from emotional abuse and disrespect from customers, and …
While Amsterdam-based e-grocery platform Picnic recently made headlines by raising $707 million in a Series D funding round led by the Bill & Melinda Gates Foundation, perhaps the bigger news is how Picnic and other food …
