Foodservice Archive > Page 6

Expert: Price Hikes Could Moderate this Year

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 …

Chicken or the Egg? HPAI’s Impact on Pricing

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 …

Shortages of Potatoes, Onions Send Industry Scrambling

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 …

Survey: Consumers Already Bracing for Recession

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 …

Trials Show Workers Love Condensed Workweeks

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 …

Blaze Pizza Favorite QSR Among Gen Z

Blaze Pizza, in the opinion of college kids, is “lit.” And sandwiches from Five Guys and Jersey Mike’s, apparently, “just hit different.”

QSRs’ Chicken Sandwich Wars Reignited

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 – …

Smart-Voice Technology: Coming Soon, to a Drive-Thru Near You

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 …

Placer.ai Exec: How Grocers Must Evolve in 2023

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.

How Coca-Cola and PepsiCo Have Defied Market Downturn

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 …

Experts Predict Asian Food Boom in 2023

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 …

2023 Flavor Forecast: Expect Influx of French Cuisine

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 …

‘Tipflation’ Leaving Consumers Confounded

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 …

Does the Restaurant CPG Trend Have Staying Power?

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 …

Analysis: the Most Innovative LTOs of the Year

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, …

Analysis: Coffee Prices to Level Out Amid Inflation Setbacks

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 …

Understanding the Snow Crab Crisis

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.

Divergent Consumer Groups Influence Holiday Spending

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.

Advertisement
FI-Home-NEW-2020Gaps
FI-Home-NEW-2020Gaps
Advertisement

‘Restaurant Venture Capital’ Doesn’t Mean What it Used To

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 …

When Grocery Goes Virtual: Foodservice in the Metaverse

The Metaverse, in many ways, is rather stupid. Its characters are blocky, Cocomelon fever dreams and its stock is crashing – in late October, shares dropped 24% to their lowest point since 2016 after parent ...

Talking Turkey: Inflation Altering Thanksgiving Spending

The effects of the COVID pandemic, continuing labor shortages and higher transportation costs, as well as drought and outbreaks of avian influenza, will impact Thanksgiving spending, sending turkey prices up more than 70% compared with …

Kerry Unveils Flavor Trends to Watch for 2023

This article is written and sponsored by Kerry. Each year, Kerry evaluates trending flavors and tastes across five key categories: sweet, salty snack, savory, hot and dairy-based beverages, and cold and water-based beverages. Within each category, …

Supply Chain Success Depends Upon Collaboration

NASHVILLE, Tenn. – For supply chain success, all stakeholders from manufacturers to operators must collaborate openly and effectively. That was the general theme of the “Supply Chain Talent All Star Panel” at the DMA Nashville …