Due to the current inflationary environment, and with fears of a looming recession, analysis shows consumers are trading down in their spending, looking at less expensive brands and going for deals.
Despite recession fears, consumers were in a spending mood to kick off the holiday season, breaking Black Friday and Cyber Monday sales records.
Interest in ramen has grown over the past five years, with mentions of ramen entrees increasing more than 32% during the period, mostly at full-service restaurants.
Loyalty spending reached the highest point on record across all restaurant and convenience store concepts in 2021. This traction reflects the value of loyalty programs as a source of revenue during inflationary periods. According to …
Pickles have been around for thousands of years, yet they appear to be as popular as ever. Whether as a side or as a burger topping, pickles have become a true staple at restaurants, especially …
In response to labor shortages, some restaurants are turning to AI-powered bots that answer phones and communicate with customers.
Struggling U.S. restaurateurs could learn a lesson or two from their counterparts in the U.K., where COVID, labor shortages, supply chain and energy issues, and Brexit, have complicated survival, experts say.
A new food technology partnership is bringing 24/7 made-to-order pizza to automated drive-thru restaurant units around the country.
The latest Food Institute news podcast touches on the latest in vertical farming.
A slowdown in venture capital funding and growing prospects for a recession has restaurant tech firms tightening their belts.
The most recent FI Fast Break news podcast touches on the evolution of the food hall concept.
This week, in The Food Institute’s quick-hitting, audio news podcast, we update worsening drought conditions in the U.S. and Europe. The Food Institute Podcast · FI Fast Break News – July 20, 2022 The FI …
Despite some positive indicators, an increasing number of restaurant operators are growing more concerned about inflation and the prospects for the economy. Employment in the restaurant industry and overall economy continued to rise at a …
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 …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the restaurant industry’s evolution, the growth of frozen breakfast foods, and more. The Food Institute Podcast · FI Fast Break News – July …
Nine out of 10 customers have had a food delivery order go wrong, according to a recent survey by Circuit, a route-planning app for delivery drivers. In fact, the survey of 1,066 American consumers who …
A growing number of consumers prefer digital ordering over in-store experiences, according to a recent report from Paytronix. The 2022 Paytronix Order & Delivery Report found that, while digital orders at restaurants and c-stores have …
Just months after revamping its menu and tapping new pitchmen, Subway is making more bold moves, as competing sandwich chains like Firehouse Subs, Jimmy John’s, and Jersey Mike’s gain market share. The world’s largest sandwich …
The food industry should be on high alert this summer amid warnings from the North American Electric Corp. that high temperatures, drought and the prospects of extreme weather could contribute to blackouts across the continent. …
Is the relationship between third-party delivery companies and restaurants starting to fray? A Grubhub promotion offering free lunch to all New York City customers on Tuesday turned into chaos for both restaurants and customers. The app was offering …
In America, the sushi business is booming. Yet, industry leaders like Taka Tanaka know change is on the horizon, creating uncertainty. Though America has a growing appetite for sushi – the segment is expected to …
Image courtesy of The Kroger Co. Kroger is trying its hand at foodservice distribution. The grocer recently launched a restaurant supply business that offers next-day delivery to businesses in the greater Dallas area. Kroger …
Bo Peabody discusses the prospects for the restaurant industry, New York City’s restaurant revival, and the importance of outdoor dining.
Consumers are still loving all things fried. Market research service Mintel Menu Insights found that the number of fried foods on U.S. restaurant menus rose 5% during the first three quarters of 2021. And with …
Teens are spending more money (+9%) and food is a top priority, according to Piper Sandler’s Taking Stock with Teens Spring 2022 survey. With these themes in mind, below are key findings that food industry …
While leadership changes are nothing new for restaurant chains, CEOs have been resigning in spades over the past two months, including departures from prominent brands like Starbucks, Dominos, Denny’s, Red Lobster, and Wingstop. What’s behind …
Restaurant chains are entering the great unknown, taking bold leaps into the “metaverse.” It’s the latest endeavor by fast-food brands to reach potential customers where they’re at. The Food Institute investigated exactly how the strategy …
When U.S. delivery startup Zero Grocery abruptly closed recently, it stunned northern California businesses that sold its products. Many were owed money and questioned what went wrong with the fast-growing startup, reported San Francisco Chronicle (March …
Food businesses are losing faith in Instagram following a change in its algorithm. The social media platform’s choice to prioritize videos over photos has created unforeseen costs for small businesses, leaving many owners frustrated, reported …
After two years of COVID-related limitations on indoor dining, one segment of the restaurant industry is surpassing pre-pandemic traffic figures: steakhouses. That’s according to a recent report from location analytics firm Placer.ai, which reported growth …
Users sharing their food on social media is nothing new, but TikTok is taking the phenomenon to new heights. Earlier this week, the hashtag for “food” had garnered a whopping 268 billion views on the …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the impact the crisis in the Ukraine is having on the global food supply, coin circulation challenges, and more. The Food Institute Podcast …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine restaurant chains’ recent appeal to video gamers, increasing support for U.S. agriculture, and more. The Food Institute Podcast · FI Fast Break News …
Hiring new employees is hard for businesses across the food landscape. Retaining them is even harder. And if you are a restaurant operator amid the current worker shortage, your staffing problems are the hardest. The …
