Opinion pieces on the foodservice equipment and supplies industry from leaders and laymen from all aspects of the business, including dealers, distributors, design consultants and multi-unit operators.
This Week in Foodservice looks at Commerce Department advance sales estimates for July as well the employment picture, economic stats and consumer sentiment in order to deliver a well-rounded picture of the economy issues surround the foodservice industry.
Looking for some good news? Well the restaurant industry remained in expansion mode in June despite not growing as fast as the previous month. The bad news? The country's employment remains muddled, at best, which will continue to hinder foodservice growth.
The mind works in mysterious ways. Or so we have always been told. Actually it simply works separately from our physical experience, so it ends up being more of a spin doctor for our conditioned-response selves. While we like to think it presents, through consciousness, complete thoughts or integrated ideas, the mind actually only works in data bytes. Bits and pieces of ideas, thoughts and perceptions can linger independently in the brain, unconnected, until an event or comment triggers a connective stimulus. What this means is that the mystery is quite specifically: Why did it put those bytes together? So why am I talking about this in a foodservice industry magazine?
As a former operator and distributor sales rep, I understand the critical overlap between these two vital roles in the successful implementation of a foodservice plan of action.
It's long been said that what makes you good today won't necessarily make you successful tomorrow. No industry embraces that philosophy more than foodservice.
As members of the foodservice industry were in Chicago for the National Restaurant Association's annual trade show this past May, a tornado touched down in Moore, Okla., creating a 17-mile path of destruction so devastating that it seemed like something that came out of a horror movie. Like so many people around the country, and in the foodservice industry in particular, our company felt moved to help.
While a variety of economic indicators continue to show improvement over the last year's performance, they still continue to lag behind what many consider to be healthy levels. So what does that mean for the foodservice industry? It will remain in a take-share mode for a while longer.
While sales among casual dining chains remained soft during June, the longer term outlook for their fast-casual counterparts remains bright.
Restaurant and bar sales posted stronger results in June than they did in the same period last year. At the same time, individual restaurant operators continue to look for new ways to deal with the Affordable Care Act.
Developing a new prototype is a project that can be equally exciting and daunting. But how do foodservice professionals know when their prototype development efforts are complete? Well, the answer is trickier than you might think.
Restaurant industry performance took a big step in the right direction in May but consumer sentiment remains mixed.