KFC Struggles to Stop Its Multi-Decade U.S. Slide
KFC’s U.S. sales are in free fall, even as chicken sizzles across the industry. Yum! Brands’ bold pivot to “Saucy” signals a reinvention, but is it too late for KFC’s comeback?
KFC’s U.S. sales are in free fall, even as chicken sizzles across the industry. Yum! Brands’ bold pivot to “Saucy” signals a reinvention, but is it too late for KFC’s comeback?
Baby Boomers offer restaurants a loyal customer who tends to be more resilient compared to younger cohorts. Contrary to popular belief, data suggests that this cohort is excited by innovative dishes, particularly those that invoke nostalgia, comfort, or function.
With Father’s Day spending projected to hit new heights, consumers are looking past the uncertain state of the economy to celebrate with their loved ones. Analysis of industry reports suggests that food and beverage industry experiences will take center stage during the holiday.
Casual-dining stocks have significantly outperformed the market over the past three years, with Brinker International especially posting eye-opening returns, while chains such as Applebee’s continue to struggle. Clearly, consumers are rewarding brands that offer differentiated experiences.
Gen Z men are increasingly embracing meat consumption as part of a shift toward hyper-masculinity, fueled by online influencers and rebranded narratives that position beef as essential for peak physical performance. The trend presents a key opportunity for the food industry.
SCOTTSDALE, ARIZ. – For the food-away-from-home (FAFH) ecosystem to succeed, stakeholders including operators, manufacturers, distributors, and service providers will need to work more closely than ever before. That was one of the major themes on …
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 …
John Church, co-head of HSBC Bank’s food and beverage unit, joins The Food Institute Podcast to discuss everything from wheat markets to foodservice drive-thrus to health and wellness.
City National Bank Managing Director Eric Viergutz and RBC Capital Markets Managing Director Nik Modi join The Food Institute Podcast to discuss changing dining preferences.
The COVID-19 pandemic simply accelerated Americans’ shift to a home-centric lifestyle, according to a new report by The NPD Group. But the tendency to largely hunker down at home was already apparent prior to the …
The Consumer Price Index for All Urban Consumers increased 0.9 percent in June on a seasonally adjusted basis after rising 0.6 percent in May, the U.S. Bureau of Labor Statistics reported today. This was the …