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 …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the struggles of many ghost kitchens and update the baby formula shortage. The Food Institute Podcast · FI Fast Break News – May …
Investors appear to have soured on Beyond Meat, sending its stock price from a $160.28 to as low as $35.74 in the last year, as competition in the alternative-meat sector has increased and the company’s …
Burger giant McDonald’s led the way among fast-food chains, suspending operations in Russia less than two weeks after the Kremlin began its invasion of Ukraine and the West began imposing sanctions on Moscow. The likes …
From robots to scheduling software, restaurants are implementing all types of new technology into their operations of late. With so many new developments this year, The Food Institute decided to take a closer look at …
Fast-food value deals are back, but they’re not quite the same as before. Over the past several weeks, brands such as McDonald’s have returned to value messaging for the first time in several years, noted …
Plant-based offerings continue to expand across restaurant menus, as major players like Impossible Foods and Beyond Meat broaden their partnerships with fast-food chains. McDonald’s recently announced plans for a major U.S. expansion of its plant-based …
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 …
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 …
Quick service restaurants have always adopted new technologies. With the latest innovations, however, the industry is likely to move away from tactics like cashiers asking whether you want fries with your order to complex algorithms …
McDonald’s will test the McPlant burger in partnership with Beyond Meat in eight U.S. locations next month. Beginning November 3, customers in Irving, Texas; Carrollton, Texas; Cedar Falls, Iowa; Jennings, Louisiana; Lake Charles, Louisiana; El …
With the FDA granting full approval for Pfizer’s COVID-19 vaccine, and the highly contagious delta variant spreading around the nation, several businesses are mandating that all or some employees provide proof of vaccination. Recently, Cathay …
Food companies have had to get creative to attract workers during the ongoing labor shortage. An Oregon McDonald’s is now even looking to hire teen workers as young as 14, according to a report from …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine how consumers are stocking their pantries due to the Delta variant, the restaurant industry’s recovery, and more. The Food Institute Podcast · FI …
Hiring and retaining employees has been a battle throughout the coronavirus pandemic, so companies are upping their game, waving perks like signing bonuses at workers. Now, the latest trend entails major employers like McDonald’s offering …
One of the most successful limited time offerings (LTOs) over the past year has been McDonald’s “Famous Orders” celebrity collaborations. McDonald’s has been utilizing LTOs to attract consumers for years with items such as the …
With a slew of earnings being released over the past week, The Food Institute looked into which companies are thriving, as well as which companies are experiencing issues. EARNINGS ‘WINNERS’ McDonalds (MCD) Global comparable sales …
This week, in The Food Institute’s quick-hitting, audio news podcast, we break down a few innovative strategies for navigating the labor shortage, examine a major new company entering the cultured-meat market, and more. The Food …
Chick-fil-A was rated America’s top fast-food restaurant for a seventh straight year, according to the latest American Customer Satisfaction Index (ACSI), which provides customer satisfaction benchmarks for major companies in the foodservice sector. At the …
The food industry took major hits throughout the pandemic. In the aftermath, internal and external wage disparities continue to exacerbate labor issues industrywide. In 2020, median food industry employee compensation was $33,392, down 0.7% year …
Fast-food chains, such as McDonald’s and KFC, appear to be cutting discounts and pushing more expensive meals post-pandemic. QSRs are cutting back on $5-and-under “value” menu items in favor of $10-$30 meal combinations in order …
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 …
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 …
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 …
Fast-food restaurant chains are turning their attention to food trucks as a way to give pandemic-beleaguered franchisees an alternative channel to boost sales damaged by restrictions on the number of customers who can dine in …
There have been recent signs of recovery for the restaurant industry, but obstacles still need to be scaled before the industry is back to a full bill of health. RESTAURANT SALES SHOWING RECOVERY Restaurant sales …
Plant-based companies are finding a home in fast-food, as demand for meat-free options grows among consumers. About one-third of consumers said their consumption of various meat alternatives has increased over the past year, according to …
Financing for large and mid-tier restaurant franchisees is back to near pre-pandemic levels, according to the head of restaurant finance for Mitsubishi UFJ Financial Group Brian Geraghty. Geraghty pointed out factors including aggressive loan terms, …
Several leading foodservice companies have revealed plans for more convenient store models that are designed with pickup and delivery in mind. Chipotle Chipotle is opening its first digital-only restaurant called the Chipotle Digital Kitchen. Located …
