Advance Retail Sales for May Look Good, Food Truck Sales Grow, Foodservice Prices Continue to Outpace Retail Prices
- Published: June 19, 2018
- Written by Jerry Stiegler
This Week in Foodservice provides a high-level summary of the economic data, financial news, menu updates and numerous other statistical packages and developments that impact foodservice operators, consultants, dealers, manufacturers, reps and service agents. In his weekly blog, Jerry Stiegler aggregates key industry data through his infamous Green Sheet and provides some brief analysis that will help foodservice professionals navigate the information. Jerry is a long-time member of the foodservice industry, whose experience includes working for Restaurants & Institutions magazine and FE&S.
Revisiting the “Super Size Me!” documentary. The U.S. now has more open jobs than job seekers. McDonald’s announces staff cuts. Critics say Starbucks has over expanded. There is less to IHOP’s name change than meets the eye. These stories and a whole lot more This Week in Foodservice.
Food halls continue to grow. The NPD Group says independent restaurants remain an important factor in foodservice. Famous Dave’s new store design drives sales. These stories and a whole lot more This Week in Foodservice.
Overall retail sales increased in April but foodservice sales slipped. Holiday business is not all that important to many independent operators. Kona Grill to test a smaller version of their restaurant. Comparable store sales reports this week on more than a dozen restaurant chains. These stories and a whole lot more This Week In Foodservice.
Merrill Lynch surveys consumers about eating out. Uber will test food delivery via drone. Chipotle racks up a triple digit jump in delivery. Food at home prices rose more in April than the price for food away from home prices. Sysco, US Foods and the Performance Food Group saw some sales growth and enjoyed higher profits in the first quarter of this year. These stories and a whole lot more This Week in Foodservice.
Foodservice and franchising go together. Foodservice operators were hiring in April. NPD says the value menus are working. The elimination of tipping may have a negative effect on restaurants. These stories and a whole lot more This Week in Foodservice.
The National Restaurant Association’s Restaurant Performance Index looked good in March. C-Store operators anticipate a profitable travel season. MOD Pizza is the fastest growing restaurant chain. In-N-Out Burger ranks number one customer loyalty. These stories and a whole lot more This Week in Foodservice.
Casual dining chains saw sales uptick in March, per Knapp-Track. Some chefs find small kitchens work well. Some Tim Hortons franchisees in Ontario are not getting their shipments of supplies, which is widening their rift with corporate management. These stories and a whole lot more This Week in Foodservice.
U.S. retail sales rose in March as did restaurant sales. The price for food away from home has increased six times compared to food at home. Convenience stores saw sales and profits rise in 2017. Shopping mall owners now eagerly pursue foodservice operators. These stories and a whole lot more This Week in Foodservice.
Data indicates most industry suppliers are doing well. Foodservice hiring was flat in March. Will Chick-fil-A soon be number three in sales? The pizza market is growing even more competitive. These stories and a whole lot more This Week in Foodservice.