The National Restaurant Association’s performance index showed a sharp increase in March but the organization urged caution in evaluating the results. Double-digit growth in personal income may have set an all-time record. Fast feeders now dominate the restaurant market. NAFEM members discuss supply chain issues. These stories and more This Week in Foodservice.
Many feel the world has almost made it through the rocky pandemic period and can see the outlines of a once dimly glimpsed future becoming clearer. It’s been a wild ride for the restaurant industry. The rise in off-premises dining, the growth of third-party delivery services, the proliferation of ghost kitchens and the explosion of mobile ordering represent long-standing trends that went into overdrive as restaurants strove to survive.
John Roche, Kittredge Equipment Company
The historic Montgomery Ward Company Complex in Chicago’s River North neighborhood, now known as 600 West Chicago, has hosted many tenants in its 113-year history. Two years ago, Sterling Bay, a Chicago-based real estate investment and development firm, spent more than $12 million to bring the beauty of this 1.6-million-square-foot landmark property’s original features back to life while also modernizing some of the shared spaces.
Operators prepare to apply for grants under the Restaurant Revitalization Fund. Jobless claims fall yet restaurants struggle to find employees. These stories and more This Week in Foodservice.
The breakfast segment may face a more challenging recovery than other dayparts since the morning commute has yet to return to normal. Mintel predicts between 2022 and 2025, chains will divert resources from breakfast programs to mid-morning and afternoon occasions.
Since the pandemic burst onto the scene in the spring of 2020, the struggles of restaurant and foodservice operators have been well documented.