The latest financial data shows Cava is enjoying tremendous success, outpacing the fast-casual dining segment and sustaining jaw-dropping growth. Some of this success is likely thanks to its Gen Z engagement strategy.
Private equity firm Blackstone on Tuesday announced its $8 billion acquisition of Jersey Mike’s. One industry insider feels the blockbuster deal signals an optimistic outlook for M&A in the sector.
7-Eleven parent Seven & i Holdings Co. recently outlined plans to update its domestic footprint with improved food experiences. This could be a winning strategy for a business that has faced headwinds of late.
Domino’s Pizza has outperformed competitors through strategies focused on tech innovation and value-driven promotions. Domino’s success highlights its ability to stay on top of evolving consumer demands.
Restaurants are leveraging fruit purées these days as an effective method to adapt to rising food costs. Fruit purées bring versatility to dishes while helping operators reduce food waste.
NEW ORLEANS – Embracing innovation, cultivating culture, and focusing on collaboration along the supply chain were key themes on display at the DMA Annual Conference. Hosted by Distribution Market Advantage (DMA), this year’s iteration of …
Taco Bell has achieved 11 consecutive quarters of growth. The keys, experts note, include targeted digital marketing, limited-time offers, and innovative menu updates that resonate with young consumers and drive repeat visits.
Independent restaurant operators are optimistic as they look ahead to 2025, with 63% reporting profit growth and a focus on cost management over consumer price hikes, according to a new survey. The industry anticipates further expansion, too.
McDonald’s recent food safety issue linked to tainted onions has had a muted impact on its stock and consumer response, as confidence remains strong due to the chain’s history and quick corrective actions.
The trend of “kidult” marketing features brands like McDonald’s and Taco Bell creating nostalgic experiences tailored for adults. Brands are tapping into nostalgia to appeal to millennials and Gen Z.
Restaurants continue to face challenges, including labor shortages, supply chain disruptions, and rising inflation, leading to increased bankruptcies. Industry experts predict continued struggles and stress the need for leveraging technology to survive.
Annie Ryu, founder of The Jackfruit Company and the jack & annie’s brand, is a believer in the health and sustainability benefits of jackfruit. As her brands are receiving significant investment, she’s focusing on partnerships to scale production and lower costs.
Although tap water in the U.S. is generally safe to drink, Americans don’t trust it: one report found only 41% of customers perceive their water safe. Consumers remain weary of water sources, leaving restaurant operators in a tough spot.
Starbucks maintains customer loyalty despite higher prices by offering personalized options like mobile ordering and customization. While consumers are sensitive to price, experts feel Starbucks’ focus on convenience and atmosphere helps sustain its growth.
How do consumers take their coffee in 2024? Early and often. Roughly 56% of consumers drink coffee daily. Industry experts feel RTD coffee drinks are poised for especially big things in the near-term.
McDonald’s is launching a Chicken Big Mac, a limited-time twist on its iconic Big Mac, starting October 10 at participating U.S. locations. The chain piloted the sandwich at an LA pop-up and is promoting it through a social media-driven campaign.
At a recent International Foodservice Distributors Association (IFDA) event, stakeholders considered AI’s industry impact. Topics included supply chain dynamics, tech-enabled safety measures, and the need for in-person connectivity.
Data from the Toast digital restaurant platform show eating out at quick-service restaurants (QSRs) for lunch in the second quarter got more expensive, with prices up more than 4% from last year. And though hourly …
Filipino chicken chain Jollibee continues to win over American customers and accelerate its growth. The chain’s leaders insist the keys to their success are rather simple.
A Philadelphia fiesta is set to take place starting September 15. A unique, weeklong event will highlight some of America’s most innovative Latin restaurants.
Despite declining restaurant traffic, major foodservice distributors reported strong performances in Q2. They remain confident in their strategies, including making long-term investments.
An evolving form of smart carts is helping grocery chains like Kroger, Price Chopper, and Schnucks offer painless and personalized shopping experiences.
The international restaurant-bakery chain recently debuted the cutting-edge AI tool Alain.AI to modernize their recipe database and standardize protocol across 214 locations in 19 countries.
A new PYMNTS survey found roughly 40% of shoppers are “click-and-mortar” fans, either using their devices while shopping or ordering online and then picking up their purchases.
Fast food used to be enticing because it offered comfort food at cheap prices. Today, that’s not necessarily the case. Inflation has hit every industry – with restaurant chains being no exception. As a result, …
Outback Steakhouse has turned to value as its traffic dropped and it reduced locations. Industry experts are confident the 37-year-old chain can bounce back – provided it takes a few careful steps.
The foodservice distribution industry is crucial to the supply chain, delivering essential goods to sectors like restaurants and hospitals. In 2024, however, the category faces significant challenges, like labor shortages, tax policies, transportation issues, and …
One of the biggest changes in the market over the past 10-15 years is that investors have succeeded solely by buying the best business, not necessarily the best stock. Focusing on fundamentals over quality has …
Datassential recently released its Mid-Year Trends Report, and the post-pandemic resurgence of pickup and takeout stood out as a noteworthy movement impacting the food and beverage industry. As the dust from the COVID-19 pandemic finally …
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