Jerry StieglerThis 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.
Stories worth another look: Consumers ate out on Thanksgiving and Black Friday. The Department of Labor’s new rules on overtime pay were put on hold by a federal judge. Dunkin’ Donuts to de-emphasize food sales and push beverages.
Stories worth another look: U.S. retail sales were up in October but restaurant sales fell. Initial jobless claims hit a 40-year low. Home delivery could drive millions in restaurant sales. McDonald’s newly designed operations are up and running.
Stories worth a second look: Fresh perspective on the “restaurant recession.” Starbucks isn’t worried about the impact of people forsaking brick and mortar retailers. Starbuck’s Roastery is enjoying success. C-stores future is in foodservice. Burger King makes a commitment to grow in Canada.
Stories worth a second look: Boston Globe columnist takes a look at effects of minimum wage; the foodservice industry added over 9,000 employees in October; Buffalo Wild Wings has major expansion plans for its taco chain; YUM’s China operation is officially a separate company; and the NFL’s declining TV ratings are getting the blame for soft sales at some chains. Plus, we have the latest comp store sales for over a dozen chains.
This Week In Foodservice: Restaurants Meet Customer Demands (Minus Noise); Obamacare Impacting Restaurant Sales (Says One); and Chipotle Abandons Asian Concept (in Favor of Burgers and Pizza)
Stories worth a second look this week: How Americans really feel about cooking; menu prices continue to climb; research indicates a $15 an hour wage will hurt those it is supposed to help; Millennials are the biggest spenders when it comes to eating out; and McDonald’s surprises Wall Street.
Restaurant performance slides again. Chipotle to launch a burger operation. As internet sales pull brick and mortar stores out of shopping centers, landlords turn to restaurants. Stock analyst predicts a restaurant recession. McDonald’s continues to roll out their new style store. These stories and a whole lot more This Week in Foodservice.
Restaurant sales in June were slower than in May. A new report looks for foodservice to grow 3.33 percent in the next 5 years. A C-store chain says it will open at least 600 locations in the next few years. Taco Bell expands their Cantina concept. These stories and a whole lot more This Week In Foodservice.
The number of new jobs came back strong in June but restaurant hiring slowed. Sysco bought Supplies on the Fly. The NPD Group says many countries saw traffic gains in the first quarter. Casual restaurant sales were weak in June. The fast-casual segment continued to post strong growth numbers last year, per Technomic. McDonald’s will spend big to modernize its German restaurants. These stories and a whole lot more This Week in Foodservice.
Are restaurant sales heading downward? Limited-service restaurant chains handily outperformed full-service chains last year. Study shows what eating at home really means. College/university foodservice operators saw a traffic boom in the past year. Frisch’s introduces a new restaurant design. These stories and a whole lot more This Week in Foodservice.
Social interaction is just as important as the food to many restaurant patrons. Restaurant brands support supermarket offerings. Fast feeders have improved their satisfaction rating with consumers. New Barnes & Noble stores will have much larger cafes and menus. McDonalds is stressing urgency over perfectionism. These stories and a whole lot more This Week In Foodservice.