This Week in Foodservice
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 sea of information. Jerry is a long-time member of the foodservice industry, whose experience includes working for Restaurants & Institutions magazine and FE&S.
This Week in Foodservice: Consumers Prepare to Alter Spending Patterns
- Published on Tuesday, February 26, 2013
While the sequester gobbles up all of the headlines, consumers continue to come to terms with the impact the newly enacted payroll tax is having on their disposable income, including their purchases of food prepared outside of the home. As a result, expect consumers to cut back and return to their value-conscious ways.
This Week In Foodservice: Restaurant Industry Sales Get Strong Start In 2013.
- Published on Tuesday, February 19, 2013
While the month to month gains continue to inch along, the restaurant industry did enjoy a better January than in 2012.
Sysco's Quarterly Report Provides A Peak Into Foodservice Performance
- Published on Tuesday, February 12, 2013
Foodservice industry forecasts project moderate but real sales growth and the most recent earnings report from Sysco seems to fall in line with these prognostications.
NRA's Restaurant Performance Index Ticked Down In December On Decidedly Mixed Results
- Published on Monday, February 04, 2013
The NRA's Restaurant Performance Index may have shown a relatively flat industry but foodservice professionals still have a few reasons to be optimistic.
This Week in Foodservice: Technomic Revises 2013 Forecast
- Published on Tuesday, January 29, 2013
Real growth in the restaurant industry will top out at 1.0 percent, according to the revised forecast released by Chicago-based Technomic. While the industry overall will continue to trudge along, Technomic does project a handful of segments will pick up the pace a little in the coming months.
Knap-Track Reports Same Store Sales Down among Casual Restaurant Chains
- Published on Tuesday, January 22, 2013
Operational challenges continue to mount for the restaurant industry in the form of higher food and gasoline prices, low-paying job growth and more. All of this will make it more challenging for chain restaurant and other operators to exceed same-store sales numbers in the early part of the year.
This Week In Foodservice: Restaurants Chalk Up a Decent Year
- Published on Tuesday, January 15, 2013
Despite traveling a rocky road, it appears as if restaurants actually achieved real revenue growth in 2012. Unfortunately, it appears as if the 2013 credit market for restaurants will be as tight as it was in 2012.
This Week In Foodservice: December Employment Statistics Remains Consistent and That Is Not Good
- Published on Tuesday, January 08, 2013
Despite strong results in the foodservice industry, overall job growth remains sluggish.
This Week In Foodservice: A Look at the New Year
- Published on Wednesday, January 02, 2013
While their bottom lines may be similar, the 2013 foodservice industry forecasts prepared by Technomic and the National Restaurant Association offer some interesting contrasts.
This Week in Foodservice: Commerce Department Reports Restaurant Sales for November Remain Strong
- Published on Wednesday, December 19, 2012
While 2012 has been an up and down year, it seems as if the restaurant industry is poised to finish strong if the U.S. Commerce Department's November sales results are any indication.
This Week In Foodservice: Top Line Job Growth Looks Good but There's More to the Story
- Published on Tuesday, December 11, 2012
Job growth is critical for the foodservice industry to continue to grow. So the fact that the Bureau of Labor Statistics' November jobs report showed a decline in unemployment is a good thing, right? Not when it means there are fewer people in the workforce. So foodservice will continue to ride the wave of emotion that accompanies the foggy labor outlook.
More Articles...
- This Week In Foodservice: RPI Slides into Negative Territory in October
- This Week In Foodservice: Casual Restaurant Chains Comparable Store Sales Slide in October
- This Week In Foodservice: What Role did Sandy Play in October's So-So Restaurant Sales?
- This Week In Foodservice: Hurricane Sandy Blows An Ill Wind For Foodservice
- This Week In Foodservice: The Industry Remains in Growth Mode
