The omicron coronavirus variant is causing headaches for American businesses. With the daily COVID case count surging above the half-million mark in the U.S., governments and businesses are imposing vaccine requirements on both employees and …
Here’s an eye-opener: even as the pandemic continues, breakfast visits to restaurants have increased significantly. In the three months ending in November, online and physical visits to restaurants for breakfast increased 11% year over year, …
How does the venture capital world view the current state of the food industry?
Ride-hailing service Lyft is entering the food-delivery space in a partnership with online-ordering platform Olo. Though it may sound like Lyft is trying to become the next Uber Eats, it’s setting itself apart with a …
Since the outset of the pandemic, foodservice delivery companies have become a staple of many American consumers’ habits. While they offered a lifeline to hungry consumers earlier in the pandemic during forced closures, many of …
This webinar was sponsored by ProChile, Chilealimentos, and the MaquiBerry from Chile Committee. Superfruits are often touted as having remarkable health benefits. Many consumers already know of about superfruits such as blueberries, blackberries, raspberries, acai …
As another challenging year for the restaurant industry winds down, operators continue to push back on the permeating impacts of COVID-19. All the while, innovative prospects glimmer on the horizon. Reduced Menus Increased food costs …
Propelled by the pandemic, robotic innovations are still making food-industry headlines. A few of the latest developments include: 7-Eleven partnered with Nuro to pilot a commercial delivery service using autonomous vehicles in the Silicon Valley …
Menu innovations are a key part of Shake Shack’s strategy, as CEO Randy Garutti noted in the chain’s latest earnings call. Though it has become well-known for its ShackBurgers, crinkle-cut fries and milkshakes, the chain …
Third-party delivery services like Instacart, UberEats and DoorDash have taken the world of grocery, retail and restaurants by storm. So, what’s the next great innovation for these segments? It could be autonomous delivery, using vehicles …
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 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 …
Shipt (the company that brought same-day delivery to Target) is betting that people, and not processing power, will be the biggest differentiator for delivery in the coming years.
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 …
How does a business go from one small storefront to 9+ locations in 4 years, with no outside capital? In this latest video, The Food Institute conducts a case study of Chip City, an NYC-based …
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 …
Although plant-based and cell-cultured meat alternatives are grabbing headlines, the animal protein sector remains robust with plenty of opportunities for mergers and acquisitions, according to Mesirow Managing Director Paul Mariani.
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 …
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 …
On the heels of the fast-food industry’s chicken sandwich wars, has Arby’s fired the first shot in a new battle? The privately held chain recently launched its Country Style Pork Rib sandwich as a limited-time …
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% …
According to the American Trucking Association, there is a serious shortage of truck drivers in this country. The Food Institute gives you the news on why the problem isn’t getting any better. Watch on! To …
Would you be willing to try a cup of coffee that had no coffee in it? Nope, it’s not a typo, this is real. Some companies are working on – and already have come up …
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 …
