Foodservice Archive > Page 5

Top Trends at Expo East 2023

What are the major trends shaping the natural and organic products industry today? The Food Institute checked in with industry analysts on the floor at Expo East 2023 to glean the top trends and takeaways …

AI Chatbots Are Coming to a Food Delivery App Near You

The race to integrate AI chatbots into third-party food delivery apps is on, but major players like DoorDash and Uber Eats are holding their cards close to their chest, for now. Neither company has publicly …

Hot Honey & The Great Condiment Mashup

Hot honey is back. The question is, did it ever leave? Helping prompt this question is Pizza Hut. Pizza Hut has been making a quiet comeback in the QSR market the last few years; it …

Trending Fall Flavors Beyond Pumpkin Spice

As the days get shorter and the sound of each crisp breeze rustling through the trees seems to whisper, “pumpkin spice,” it’s time to shine a light on the other fall flavors that consumers crave. …

Top 5 Highest-Grossing U.S. Fast-Food Chains

Average unit volume (AUV) speaks to a chain’s operational efficiency and overall success, indicating the average annual sales that a brand earns per restaurant—a reflection of how consumers feel about the brand itself. These are the top five highest-grossing fast-food chains in the U.S. by AUV.

Report: Convenience Still Fueling Prepared Food Sales

Despite persistent inflation and cost-of-living concerns, consumers continue to seek out prepared foods for their ease and convenience. In a new survey from good natured, 72% of respondents claimed they have consistently purchased or increased …

Americans Avoid Businesses Without a Drive-Thru

No drive-thru? For nearly half of Americans, that’s a deal-breaker. New research shows that 47% of U.S. consumers would simply avoid going to a store that doesn’t have a drive-thru. And twice as many people …

The Grimace Effect – How Marketing & Memes Drive Sales

Audacious, sublime, organic – these are the hallmarks of profit for brands wise enough to be confident in their values and lucky enough to thread the needle between quality-controlled seriousness and edge-of-the-internet frivolity.

3 Key Takeaways from IFT FIRST 2023

CHICAGO – Product developers and food scientists from over 70 countries learned about the latest in food ingredients and technologies recently at the IFT FIRST 2023: Annual Event and Conference. The Institute of Food Technologists …

Easing Grocery Prices Pose Threat to Restaurants

To cook or not to cook, that is the question. But with grocery prices slowing their increase and restaurant prices rising at a faster pace, the question becomes whether consumers will opt to hone their …

Pizza Chains’ New Recipes for Success

Domino’s and Pizza Hut are two of the largest pizza chains in the U.S., but each have encountered some turbulence in recent years. In April, Domino’s reported a slowdown in its delivery business, and Pizza …

Spice It Up: Burritos and Hot Chicken Are on Fire

Restaurant chains specializing in spicy offerings are gathering steam in 2023. Case in point: Dave’s Hot Chicken, which grew from two locations to 118 over the past few years, saw May 2023 visits increase 126.6% …

Alcohol To-Go Isn’t Going Away

Alcohol to-go has become a permanent fixture around the United States, presenting a massive growth opportunity for businesses.

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Analysis: Are “Virtual Brands” at Death’s Door?

The recent struggles of MrBeast Burger – currently available at more than 2,000 restaurants – could be an ominous sign for all virtual brands. Ubiquitous YouTuber MrBeast, aka Jimmy Donaldson, wrote multiple statements in frustration …

Experts: El Nino (and Food Industry Upheaval) is Coming

Everyone knows “El Nino” by now – hot weather. Big winds. And once again in 2023, much of the world will gain a better grasp of this unpredictable meteorological phenomenon. El Nino generally refers to …

Analysis: Asian Food Winning Over America

New research illustrates the palate Americans have developed for Asian food over the years. Pew Research found that nearly three-quarters of all U.S. counties (73%) now have at least one Asian restaurant of some kind. …

Latest Customer Demand: Old-school Service

During the pandemic, many Americans did what they could to support their favorite restaurants. Now, however, many of these same consumers who were sympathetic to a struggling industry are fed up with the lack of …

Poll Shows Americans Have Become Adventurous Eaters

A recent survey suggests there’s pent-up demand to eat out — and to try new flavors — as American consumers become more adventurous eaters. Nearly half of the survey’s respondents (47%) said they’re tired of …

Lessons Learned: Why Flip’d by IHOP Flop’d

At the height of the pandemic, IHOP debuted what it expected to be a can’t-miss concept: Flip’d, an all-day IHOP inspired menu taking advantage of the COVID-inspired growth in take-out. The menu included favorites from …

Study: Plant-Based Attains Popularity with Gen Z

An eye-opening 81% of college students will choose a plant-based food offering when it’s the default option, according to a recent study led by foodservice provider Sodexo. And these Gen Zers are more interested in …

3 Key Trends on Display at 2023 National Restaurant Association Show

CHICAGO – A majority (62%) of foodservice operators are currently understaffed, according to the National Restaurant Association’s State of the Restaurant Industry Report, 2023. Foodservice operators gathered in Chicago for the 2023 National Restaurant Association …

Analysis: Why CAVA’s Revenue is Steadily Rising

The CAVA restaurant chain is killin’ it, seizing upon the growing popularity of Mediterranean food, as well as the build-your-own-meal concept. CAVA has officially announced plans to go forward with an initial public offering after …