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.
The National Restaurant Association reports the industry continues to grow. The NPD Group says restaurant traffic has now recovered from the recession. Cornell University thinks an increasing minimum wage is good for foodservice. Mergers and acquisitions in the restaurant industry were down sharply last year compared to 2014. These stories and a whole lot more This Week in Foodservice.
Casual-dining chains same-store sales were up marginally in November. How competitors can take on McDonald’s all-day breakfast. Christmas season drives restaurant sales. Krispy Kreme is adding baristas to boost coffee sales. Chipotle’s image plummets. These stories and a whole lot more This Week In Foodservice.
Government stats say restaurants continue to lead retail sales. All-day breakfast drives traffic and sales for McDonald’s. Chipotle encounters more food safety problems. The National Restaurant Association will challenge the New York minimum wage in court. These stories and a whole lot more This Week in Foodservice.
Operators continue to wrestle with wage increases. Foodservice remains a leader in new hires. The CEO of CKE blasts the recent NLRB decision on joint employment. The National Restaurant Association will sue New York City over the menu labeling rule on sodium. These stories and a whole lot more This Week in Foodservice.
The NRA says foodservice showed a moderate gain in October. Casual dining chains saw comp-store sales decline in October. Big three hamburger chains are expected to have strong sales in October and November. McDonald’s all-day breakfast may be hurting family dining operators. These stories and a whole lot more This Week in Foodservice.
What really happened during the recent restaurant “strike?” One in ten Americans will eat their Thanksgiving dinner in a restaurant. Food-away-from-home prices continue to increase faster than grocery store prices. Consumers still aren’t in a mood to spend. These stories and whole lot more This Week In Foodservice.
U.S. retail sales were soft for the third month but restaurants continue to move ahead. The NPD Group says foodservice did well in many countries this summer. Dave Anderson has returned to Famous Dave’s. The fast-casual segment remains hot. These stories and a lot more This Week in Foodservice.
Merrill Lynch examines the restaurant market. Foodservice operators hired heavily in October. Sysco and the Performance Food Group both reported strong financials. Putting calorie counts on the menu doesn’t seem to effect what fast food customers order. These stories plus comparable-store sales for 20 chains and more.
The NRA reports their index is down again but operators keep spending. Buffalo Wild Wings will curtail expansion in areas with a high minimum wage. The NRA challenges New York State’s increase in minimum wage at fast food operations. McDonald’s chops menu choices to accommodate its all-day breakfast program. A dozen major chains report comparable-store sales. These stories and a whole lot more This Week in Foodservice.\
Malcolm Knapp reports on September. Did the media do a hatchet job on McDonald’s? All-day breakfast may be working for Big Mac and the world’s largest restaurant chain may have begun a turnaround. A shortage of cooks is beginning to hurt restaurants. These stories and a whole lot more This Week In Foodservice.
The Census Bureau reported restaurant sales did well in September. YUM! plans to spin off its China division. McDonald’s all-day breakfast appears to be a hit with consumers, but the same can’t be said for franchisees. Food away from home prices accelerate. Red Robin “takes back the bar” just as neighborhood bars fold. These stories and a whole lot more This Week in Foodservice.