They say when one door closes, another opens. That may very well be true, but for restaurant brands and their clientele, the wrong door can sometimes lead down a disastrous path – just look at …
Chicken listings on restaurant menus have grown 6.4% in the past five years, outpacing the 4.7% of burgers and other beef-based items.
The recent uproar over a McDonald’s in Darien, Connecticut, that charged a whopping $17.59 for a Big Mac combo meal is more than just local news; it’s a snapshot of the changing economic landscape.
Has the would-be darling of the pandemic-era – ghost kitchens – been resurrected by a partnership between Denny’s and Franklin Junction?
Limited-time offers (LTOs) significantly impact consumer behavior within the foodservice industry. In fact, 91% percent of consumers are more inclined to visit establishments that provide new items, according to a recent report from Circana.
In terms of the beverage industry overall, this is a very smart play for McDonald’s and other brands will follow.
Lizzy Freier, Director, Menu Research & Insights at Technomic discusses restaurant traffic, international cuisines, LTOs and more.
McDonald’s has nearly as much brand magnetism with Gen Z as Dwayne “The Rock” Johnson or Ariana Grande. And in 2023, the purple-hued force of attraction that connected the burger giant with young consumers was …
Teens are trendsetters. They are typically early to the next big thing and most of their spending is discretionary, making them a lucrative demographic to study.
The latest Food Institute news podcast discusses which food and beverage brands resonate with Gen Z consumers.
QSR jobs will be in high demand once the law passes as workers try to reduce their dining expenses in lieu of high food costs and an inflationary environment. More importantly, however, California just bolstered the prospects of hundreds of thousands of current and (more importantly) future fast-food workers.
While 40% of India’s residents are vegetarian, there’s still a large addressable market open to omnivore cuisine. Plus, much of the country is infatuated with western culture – a fact QSRs are taking note of.
The heck is an NFT? Their precursors in the ‘90s were called pogs – often cheap and of limited variety for the average consumer, easily tradable and without much long-term staying power. Non-fungible tokens (NFTs) …
On a recent earnings call, Yum Brands announced its goal to make 100% of its global system sales digital transactions.
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.
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.
Though McDonald’s McCafé Bakery concept worked to an extent, it didn’t translate to more snack and coffee sales between mealtimes.
Gen Z and millennials may be coming into their own, but those aged 18-43 differ markedly from both Gen Xers and baby boomers when it comes to restaurant habits, and attitudes toward loyalty programs. A …
With price hikes easing and food company earnings strong, it appears resilient consumers aren’t going anywhere – yet.
The latest Food Institute news podcast touches on the uptick in alcohol purchases by consumers of late.
Welcome to the FI Newscast! Each week, we note the latest industry trends and consumer insights, with guest appearances by the foremost industry experts. This week’s guest was Jennifer Bartashus, Senior Analyst of Bloomberg Intelligence. …
Gen Alpha kids – comprised of children with birth years starting in 2013 – have already developed powerful brand affinities, according to the latest survey from Morning Consult. By 2025, Gen Alpha will number more …
As the pandemic wanes, the National Restaurant Federation says 61% of consumers expect to celebrate St. Patrick’s Day, spending an average of about $44.
The biggest names in global fast food are adjusting to the new market realities by innovating with cutting-edge technology.
In a world of fast-changing consumer demands, the classic fast-food drive-thru window is evolving. From doubling lanes to fully digital menu boards, restaurants have made all kinds of improvements to the drive-thru service. With technology …
The grocery space has been upended over the past three years and leaders must face new challenges with patience, according to Placer.ai’s Retail Trends Forecast 2023 report.
Inflation is hitting Americans hard and is causing most to cut back everyday items. A recent survey from Attest proves that food and beverages are not immune to necessary cutbacks. Dr. Lin Carson, CEO of …
New flavor trends are emerging at the intersection of persistent food inflation and pent-up consumer demand leftover from COVID lockdowns.
Here are key stats on what, and where, Gen Z is eating these days, according to Piper Sandler’s Fall Taking Stock with Teens survey.
Six months into the Kim Kardashian Chief Taste Consultant experiment for Beyond Meat, the stock is trading lower than ever. In today’s truth- and value-centered market, do influencer endorsements help or hinder a product?
Much like remote working and zoom conferencing, long waits at the drive-thru line are a pandemic vestige that just won’t go away. And that’s causing line balk among consumers. As COVID-19 took hold in the …
Many investors believe that food and beverage stocks are safe places in which to hide when the stock market turns towards recession. That belief centers on a simple thesis: people still have to eat. The …
Companies like McDonald’s are allowing workers to access hourly pay on demand in the hopes of shoring up the ongoing labor shortage.
Beyond Meat shares made a slight recovery after falling on news McDonald’s may ditch its McPlant burger amid tepid results.
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine food companies’ sustainability initiatives, growing economic pessimism, and more. The Food Institute Podcast · FI Fast Break News – July 13, 2022 The …
The plant-based meat category is experiencing some growing pains. Through the early weeks of the pandemic, alt-meat sales grew some 200% at retail outlets, and the hype around that helped the category secure more than …
