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.
Merrill Lynch says over expansion is hurting restaurants. Restaurant employment fell dramatically in September. Premium products are driving up coffeehouse sales. Fast-casual restaurant sales growth is slowing in Canada. These stories and more This Week in Foodservice.
The National Restaurant Association says restaurant performance continues to slide. The impact of minimum wage seems to remain in the eye of who runs the study. U.S.-based chains dominate the Top 500 franchise companies. Foodservice operators continue to target early-bird diners. These stories and a whole lot more This Week in Foodservice.
Casual dining sales remained soft in August. Foodservice grew in every market outside the U.S. in the second quarter. Restaurants find changes have to be made to capitalize on takeout and delivery business. Taco Bell will open 300 of their Cantina concepts in the U.S. Electric powered car manufacturer Tesla may enter the C-store business. These stories and a whole lot more This Week in Foodservice.
Restaurant sales increased in August. Do consumers trust fast-food chains? Restaurant prices continue to rise faster than prices at grocery stores. Hurricanes cause multiple problems for restaurants. A foodservice and lodging apprenticeship program is up and running. These stories and a whole lot more This Week in Foodservice.
Two burger chains prepare initial public offerings. Cracker Barrel’s recovery teams have restaurants affected by the hurricane up and running. The rule that effectively doubled the salary level of employees who were exempted from overtime pay appears dead. McDonald’s updates McCafe. These stories and a whole lot more This Week in Foodservice.
The National Restaurant Association reports restaurant performance was weaker in July. Foodservice hiring slowed in August. Waffle House takes on Hurricane Harvey. Domino’s has formed an alliance with Ford to develop a self-driving delivery car. YUM! China introduces a new KFC concept. These stories and a whole lot more This Week in Foodservice.
Resistance to minimum wage increase arises in the Midwest. Hamburger chains find Chicago is a tough market. Does technology eliminate restaurant jobs? Michigan Restaurant Association survey shows sales are looking good. These stories and a whole lot more This Week in Foodservice.
Distribution giants seem to be asking “What restaurant recession?” Consumers’ evaluation of full-serve restaurants declines. Chuck E. Cheese introduces a new restaurant design. Krystal moves to keep some units open 24 hours a day. These stories and a lot more This Week in Foodservice.
Census Bureau reports positive July sales. Little Caesar’s rolls out the “Pizza Portal.” Millennials prefer some types of restaurants. Has Starbucks reached the saturation point? These stories and a whole lot more This Week in Foodservice.
Casual dining chain sales remained weak in June. Foodservice hiring was very strong in July. The NPD Group reports “micro chains” are a growing factor in some major cities. Grocery shoppers are looking for prepared food according to one expert. These stories and more This Week in Foodservice.
Restaurant industry performance in June was consistent with May, per the National Restaurant Association. McDonald’s quarterly financial performance exceeded Wall Street’s forecasts. Buffalo Wild Wings opened its B-Dub Express concept in Minnesota. Chipotle Mexican Grill will add a drive-thru window as a test to one of the chain’s Ohio locations. These stories and a lot more This Week in Foodservice.