Foodservice Archive > Page 21

Food Brands Focus on Sustainability

Several major food companies have recently made headlines with sustainability-forward initiatives. Chipotle With the debut of Real Foodprint, Chipotle Mexican Grill becomes the first brand to provide detailed sustainability impact data about its ingredients for …

Continued Private Equity Investments in Restaurants

Dunkin’ Brands is in talks to sell itself to private equity-backed Inspire Brands, reported The New York Times (Oct. 25). The deal would take Dunkin’ Brands private at a price of $106.50 a share, according …

Albertsons Adds Contactless Options to Simplify Grocery Shopping

Albertsons Companies introduced Albertsons Pay, a new zero-touch checkout experience. Available through its updated just for U loyalty app, it offers shoppers with a secure and contact-free way to pay, use discounts, and earn rewards. The new technology is …

Foodservice Goes from Pivoting to Transforming

In wake of the pandemic, foodservice is continuing to adapt in unique ways to survive. UK-based Pret A Manger has struggled during the pandemic without the commuter crowd. In August, weekly sales in Britain were …

Amazon Strikes Deal with SpartanNash

Amazon issued a warrant to purchase up to 5.4 million shares in SpartanNash, according to a filing with SEC, reported The Motley Fool (Oct. 9). The warrant has been issued specifically to Amazon.com NV Investment …

Grocers Invest in New Technology to Increase Efficiency

Food retailers are partnering with technology companies to make their operations more efficient as the COVID-19 pandemic continues. Giant Eagle now operates FlyBuy Pickup, a curbside and in-store pickup program. FlyBuy, using location technology from …

DoorDash Plans IPO, Diversifies with Grocery Delivery

DoorDash plans to open an initial public offering in the fall, according to people familiar with the matter, reported Bloomberg (Aug. 22). The company had previously considered going public through a direct listing but decided …

Moving Forward, Grocery Retailers Must Embrace Digital

Online grocery shopping has surged during the COVID-19 pandemic. Before COVID-19, online accounted for less than 10% of food sales, according to Ernst & Young LLP (EY). By June, 45% of food sales were online. …

Foodservice Enters Survival Mode

The coronavirus pandemic is likely going to create longterm changes in the restaurant industry. Nearly one-third of consumers plan to cook at home even more than they do now once stay-at-home recommendations have lifted, according …

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Going the ‘Extra’ Last Mile for Deliveries

As delivery becomes more crucial in business, companies are always innovating to find the ideal way to complete the last mile. Amazon Prime’s free and fast shipping set the bar for the industry. During the …

The Chicken War’s Strain on Supply

As fast food chains battle for the best chicken sandwich, poultry is in high demand. The chicken war began in the summer of 2019 when Popeyes launched its chicken sandwich. Months later, the chain is …