2022 was a strong year for food and beverage stocks – and particularly the biggest manufacturers in the industry. On average, including dividends, General Mills, Kraft Heinz, Campbell Soup, Kellogg, and Conagra Brands returned 22.6%. …
As inflation persists, it becomes more challenging for restaurants to lure customers. Nevertheless, new research shows a few chains are making strides when it comes to winning guests. Merchant Centric, a data analytics and reputation …
You’re sitting at the table in a moderately priced restaurant, and the 9-year-old twins at the next table are throwing rolls at each other, or the 5-year-old behind you is having a melt-down because he …
The past few years have presented numerous challenges to business owners, including an ongoing labor shortage. The hospitality industry certainly isn’t immune to the struggles of employee retention. “For a long time, the hospitality industry …
Chicken wings are cheap and beer is expensive. Amid inflation, brands need an omnichannel approach to reach consumers, especially as it relates to snacking.
In honor of National Pizza Day, The Food Institute took a deep dive into the state of pizza to see how it may fare in 2023.
Americans may have to start rethinking breakfast as eggs flirt with $5 a dozen and with orange juice prices set to jump because of a poor Florida citrus crop and low cold storage stocks. “Even …
A new study sheds light on alarming caffeine disparities between coffee chains.
This industry review looks back on the major sales figures and trends that shaped the state of plant-based over the past year.
The public markets (and strategic firms) aren’t kind to businesses that don’t make much money and then stop growing. The recent shutdown of Freshly shocked many of its consumers, but not those following the ~$6B …
Consumers could be getting a break with companies like Conagra Brands, maker of Hunt’s ketchup and other popular packaged groceries, pulling back on price hikes following last year’s worst inflation in four decades. In its …
On the surface, the appearance of highly pathogenic avian influenza (HPAI) in 2022 should have pushed prices up for both chicken and eggs at an equal level. But anyone keeping an eye on supermarket shelves …
Bad potato and onion crops, coupled with cost and availability issues, may have consumers hearing, “You want zucchini sticks with that burger?” Portillo’s CEO Michael Osanloo said supplies of onion rings and French fries have …
Though experts still are split on whether the U.S. Federal Reserve’s inflation-fighting moves will plunge the economy into a recession, consumers apparently aren’t waiting for the official figures, already trimming their grocery bills and choice …
Restaurant owners are following the corporate world’s lead in having employees test the four-day workweek – but a south Florida Chick-fil-A owner has gone further by having employees in his fast-food establishment work 13 to …
Experts say restaurants and food manufacturers can capitalize on the “Veganuary” movement even without making significant investments.
Blaze Pizza, in the opinion of college kids, is “lit.” And sandwiches from Five Guys and Jersey Mike’s, apparently, “just hit different.”
Experts are predicting chicken sandwiches will dominate menus in 2023. According to a survey conducted by the National Restaurant Association, which polled over 500 industry experts, chicken sandwiches – both classic and new variations – …
Technomic polled consumers to rank their top coffee chains, finding consumers valued taste, specialty flavors, and high-quality beans.
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.
This holiday retail season looked different than years past, industry experts noted. Retailers discounted heavily but consumers diversified their holiday spending to accommodate rising prices.
For Coca-Cola and PepsiCo, 2022 seems like it should have been a difficult year. As we discussed just a couple months ago, the challenges facing the food and beverage industry are numerous. Inflation continues to …
To hear experts tell it, an Asian food boom has begun in America. During Tuesday’s Food Institute webinar – “What’s Ahead in 2023?” –Solomon Choi, CEO of Jabba Brands, noted that internationally-inspired hard seltzers and …
When it comes to classical cooking and decadent flavors, look no further than France. With centuries of tradition and innovation, excellent French cuisine is some of the most celebrated and sought after. Flavor giant McCormick …
To tip or not to tip? Ultimately, it’s up to the consumer, but let’s be honest, society judges bad tippers. However, in this economy, shelling out extra cash, however well-warranted, is becoming more and more …
Despite higher grocery inflation, consumers continue to splurge on their favorite restaurant brands at retail, fueling a trend that has gained significant momentum in recent years. “Restaurants are looking to exploit brand loyalty that really …
Restaurants are getting rather creative with their limited-time offers, or LTOs, lately. “LTOs can be a great way to drive business, but you have to know your audience and what appeals to them,” Leith Steel, …
A recent report by Technomic noted global dessert trends, revealing that 41% of consumers would welcome more vegan or dairy-free desserts on restaurant menus.
With inflation remaining steady, many companies currently face dilemmas. Some are doing everything in their power to absorb the higher operating costs and to keep their prices down. Others, however, have been able to pass …
The cancelation of the Alaskan snow crab season has upended an entire chain of fishing, restaurant, grocery, and wholesale industries with one of its seasonal (and most delicious) mainstays.
While worries over inflation and the economy take precedent for a leading percentage of consumers, a sizable number are approaching the holiday season with a desire to live sustainable lives or have rewarding experiences.
THC is one of the fastest growing ingredients in foodservice, increasingly legal, and visible amid a key demo—the millennials.
The common wisdom is that it’s cheaper to eat a home-cooked meal than to dine out or order in, but with dining-out prices increasing at a slower rate than grocery prices, that old adage may …
The meaning of “restaurant venture capital” is changing. While the term has historically referred to funding for brick-and-mortar restaurants, the restaurant venture capitalists of today have shifted their focus to investing in foodservice technology. Last …
