Tag: Foodservice > Page 10
Ghost Kitchen Expansion Could Create `New Reality’ for QSRs
Many fast-food chains, including Chick-fil-A, Wendy’s, and Burger King, continue to expand their ghost kitchen operations and lean further into the delivery space. But with dining restrictions easing and restaurant traffic on rise — why …
Start of Summer Travel Could Mean Long Waits at Restaurants, C-Stores
With over half of Americans now being vaccinated, travel is making a major comeback after more than a year of pandemic lockdowns. AAA forecasts that 37 million Americans will travel at least 50 miles from …
FI Fast Break: May 27, 2021
This week, in The Food Institute’s quick-hitting, audio news podcast, we break down food shortages, a spike in organic food sales, and the recent uptick in automation. The Food Institute Podcast · FI Fast Break …
Restaurants Can Differentiate Themselves and Grow with Plant Based Foods
As U.S. consumers return to restaurants, operators should embrace plant-based foods to differentiate themselves and boost business in the new world of post-pandemic foodservice. A webinar sponsored by DMA (Distribution Market Advantage) and presented by …
‘Bullwhip Effect’ Felt Throughout Industry as Restaurants Ramp Back Up
The start of the return to normalcy has created problems for restaurants, bars and other venues with demand outstripping supplies and creating shortages of a variety of foods and other commodities. Couple that with difficulty …
Restaurant Traffic Up, But Industry Faces Headwinds
Since the beginning of the year, foot traffic to U.S. food and beverage establishments is up 41 percent, according to Zenreach data. And with the weather getting nicer, vaccinations on the rise, and dining limitations slowly being lifted, restaurant traffic continues to soar. Restaurant …
The Masks Are Off: Retailers, Restaurants Grapple with Updated Mandates
U.S. retail stores and restaurants are weighing updated CDC guidelines that allow fully vaccinated people to remove their masks in both indoor and outdoor settings. According to the CDC, a person is fully vaccinated two …
Food Industry Financials: Inflation, TSN, ARMK, and more
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: CPI, PPI, small business optimism, Tyson Foods, Inc. (TSN), Aramark (ARMK), Utz Brands, …
Consumers Are Gearing Up for BBQ Season and Prioritizing Health
In preparation for the summer and warmer weather, consumers are spending big on barbecue supplies. Consumers increased purchases of barbecue-related consumer packaged goods products in April, according to NCSolutions. Nearly all barbecue categories grew faster …
State of CBD in the Food & Beverage Sector – Opportunities and Challenges
Restaurants Pushing to Accommodate Gluten-Sensitive Customers
Eighty-five million Americans are impacted by food allergies and intolerances, according to Food Allergy Research and Education (FARE), an organization engaged in food allergy advocacy. These days, an increasingly common allergy relates to gluten. Celiac …
Report: Oat Milk, Nashville Chicken, Kimchi Surging in Popularity
Kerry Group recently released its 2021 Taste Trends report, highlighting food and beverage trends that are gaining traction in several regions worldwide. The annual report aims to highlight the key ingredients and tastes currently influencing …
Lessons Learned: Food Industry Leaders Already Prepping for Next Pandemic
Public health experts have warned that stopping COVID-19 – or at least mitigating its severity and rapid spread – will not mean the world is safe; rather, it’s just a matter of time before the …
Food Industry Financials: PPP, Inflation, EM, SYY, SHAK, BYND and more
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: PPP, Restaurant Revitalization Fund, lumber shortage and inflation, hiring recovery, inflation in Brazil, …
Cinco de Mayo 2021 Highlights Thriving Avocado Market
Nothing says Cinco de Mayo like tacos and guacamole, and this year avocados appear to be plentiful – at least in the near term. Some 100 million Americans are expected to celebrate Cinco de Mayo, …
NYC Becoming Epicenter for Growing Vegan Movement
Coming as no surprise, plant-based food is making headlines again. In addition to other news, one of the world’s most renowned restaurants is going entirely vegan. FINE DINING MAKES THE SHIFT Perhaps the biggest plant-based …
Wing and a Prayer: Restaurants Scramble During Chicken Shortage
Restaurants throughout America are dealing with a frustrating shortage of chicken wings that shows no signs of slowing. This has pushed executive chefs like Dan Miles to do what was previously unthinkable: either sell a …
Food Industry Financials: American Families Plan, MCD, ADM, KHC, and more
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: American Families Plan, restaurant reservations, McDonald’s (MCD), Archers-Daniel-Midland Company (ADM), Kraft Heinz Company …
Next competitive group of job applicants? Those with criminal records
Competition for workers is intensifying with President Biden raising the federal contractor minimum wage to $15 an hour, Amazon, which already pays a minimum wage of $15 an hour, awarding increases of as much as …
PR Pro Perspectives: How Companies Should Deal with Social Issues
The days of companies keeping “quiet” about social issues appear to be long gone. In the past, companies were never expected to comment on social causes, but times have certainly changed. In 2021, consumers of …
Study: Delivery Apps Destined for Steep Decline in Business
The food delivery app industry is facing a potentially drastic slump in sales, according to a new study by the Social Sciences Research Network, which tracked 27 delivery apps, including Grubhub, DoorDash and Uber Eats. …
UPDATE: Restaurants Forced to Get Creative to Lure New Hires
Restaurants are struggling to win back employees so far in 2021. The Food Institute reported on this issue back in early April when QSRs were finding hiring new workers particularly challenging, and the issue has …
Food Industry Financials: Surging Commodities, Coca-Cola, and more
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: unemployment benefits, global debt, surging commodities, restaurant reservations, Coca-Cola (COKE), and more Trending …
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Celebrities Land Roles in Food Partnerships, Endorsements and Investor Groups
While COVID-19 has kept celebrities off the red carpet, a number of product collaborations, endorsements and corporate finance endeavors have kept them in the spotlight. And while star power has certainly proven to be a …
Food Brands Celebrate Earth Day with Focus on Sustainability
As sustainable practices become increasingly important to today’s consumers, food brands are making their environmental goals and initiatives clear. In honor of Earth Day, here’s a closer look at companies taking steps to become more …
A Closer Look at Gen Z’s Eating and Shopping Habits
Food is Gen Z’s No. 1 wallet priority at 23%, according to Piper Sandler’s annual Taking Stock with Teens survey. The survey highlights discretionary spending trends and brand preferences from 7,000 teens across 47 U.S. …
Food as Medicine: A Primer on a Growing Trend
While the concept of “food as medicine” has been around for centuries, the philosophy is gaining momentum of late. So much so, in fact, that The Food Institute will highlight the concept and the growing …
Once a Fringe Movement, Veganism Goes Mainstream
A vegan diet is essentially the strictest form of vegetarianism. That is, in addition to avoiding animal flesh, vegans also cut out dairy, eggs and animal-derived ingredients, such as gelatin whey and casein. And as …
What’s In-Store for Walmart? New QSR Partners
Breaking up is hard to do, but Walmart and McDonald’s seem to have made the split on decent terms. McDonald’s recently announced plans to shutter hundreds of its locations positioned within Walmart stores. After the …
Report: Impossible Foods Planning Eye-Opening, $10B Public Listing
Impossible Foods is reportedly planning for a $10 billion public listing within the next year, either through an IPO or a SPAC. The valuation would be substantially higher than the $4 billion the company was worth …
Coffee Subscriptions a Proven Prescription to Boost Restaurant Traffic
Free is good, as any customer will tell you, and fast-casual restaurants are beginning to see the benefits of offering free (or virtually free) coffee to drive increased traffic and revenue. In February 2020, Panera …
Restaurants’ Labor Shortage Causing Major Concerns for Operators
The push for the Raise the Wage Act, which would increase the minimum wage to $15, is pressuring U.S. businesses like restaurants that depend on keeping labor costs in check to survive. QSRs are finding …
The Rise of International Cuisine & Flavors in the U.S.
Quesadilla Wars Ramping Up Among Taco Bell, Chipotle
While the fast-food “chicken wars” have been going on for some time, Taco Bell and Chipotle are now headed for battle on another front. The two largest Mexican-food chains are testing new items and jockeying …
Carbon Labeling Gains Momentum Despite Challenges
Unilever plans to introduce carbon-footprint details for all 70,000 of its products and is researching best methods for gathering and presenting the information. A key motivator for the company is that brands perceived as sustainable …