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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 …

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, …

Restaurants’ Latest Challenge: A Cicada ‘Tsunami’

As if the lingering pandemic hasn’t caused enough headaches for restaurant operators, a new issue has emerged: Cicadas – lots and lots of cicadas. For the past 17 years, so-called Brood X cicadas have slowly …

FI Fast Break: April 30, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we break down the latest innovations in plant-based protein, a predicted slump for delivery apps, millennials’ favorite brands, and more. To listen, click the play/arrow button …

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. …

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 …

Delivery Platforms Experiencing Upheaval

In many ways, the pandemic has been a boom time for third-party delivery platforms, which have benefited from consumers largely hunkering down at home and summoning dinners to their doorstep. But business is rapidly changing …

Lamb: The Latest Meat in High Demand

Lamb sales are surging. While shoppers used to be wary due to its higher price tag, store sales of lamb jumped 28% year-over-year as of last month, according to Nielsen. Meanwhile, beef sales rose 25.6% …

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 …

Restaurants Seeing Signs of Recovery, Glimmer of Hope

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 …

Examining the Viability of Virtual Restaurant Brands

On February 18, The Food Institute, in conjunction with DMA, hosted a webinar that examined the recent explosion of ghost kitchens and virtual brands. The event, which featured executives from Denny’s, Kitchen United, and Lettuce …

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2021 Food Labeling Summit

The Restaurant of the Future

Dan Rowe, CEO of Fransmart, joined the Food Institute podcast to discuss the restaurant of the future and its many iterations. Rowe discusses the current restaurant landscape in the wake of the COVID-19 pandemic, and …

Restaurant Earnings Show Continued Recovery  

Foodservices’ latest quarters have seen mixed results as restaurants continue to cope with pandemic-related losses. In 2020, restaurant and foodservice industry sales fell by $240 billion, from an expected level of $899 billion, according to …

New Study Casts Doubt on the Safety of Indoor Dining

Since the beginning of the pandemic, indoor dining has been a point of contention for restaurants. After being banned for some time — leaving restaurants to rely on outdoor seating – indoor dining was brought …

What the Food Industry Needs to Know About COVID-19 Relief

After months of uncertainty, 2021 looks more promising than one might assume for the food industry. For starters, Congress’s recent COVID-19 relief bill should provide a measure of assistance to restaurants and beer manufacturers alike. …

Hope for Restaurants on the Horizon Under New Deals

There is no doubt that restaurants have been beaten down during the COVID-19 pandemic. More than 110,000 restaurants have closed permanently or for a long period of time throughout  the U.S., while others face uncertainty as many …

Companies Show Thanks to Employees as Pandemic Continues

Food companies are showing their appreciation for employees in several ways as 2020 comes to a close. Chipotle has paid out over $40 million in bonuses and assistance pay to employees during COVID-19, reported QSR …

Food Industry Groups Want Priority Vaccinations for Workers

With limited quantities of the COVID-19 vaccine available, many groups a seeking priority for their employees—including the food industry. Administration of the vaccine began on Dec. 14 in the U.S. with early doses being set …

Restaurants Focus on Employees as More Closures Loom

The coronavirus pandemic has caused 8,400 retailers and 110,000 restaurants to close across the U.S. this year, according to industry statistics, reported The Economic Times (Dec. 14). And even more closures could be on the …