E&S Extra

Editorial Director Joe Carbonara provides insights and commentary on the state of the foodservice equipment and supplies marketplace.

Advertisement

In the entertainment industry, the first part of the year is affectionately known as awards season. From the Golden Globes to the Screen Actors Guild Awards to the Oscars, the entertainment community takes a look back to honor a few select individuals who, over the course of their illustrious careers, made an indelible mark on the business.

Each year, FE&S produces 12 issues of our print publication. But it would be harder to find one read with greater scrutiny than the April issue. That’s due, in large part, to FE&S releasing the results from the magazine’s annual Distribution Giants study.

When McDonald’s reported its fourth-quarter earnings for 2018, in many ways it was as if the burger giant was providing an update for the entire foodservice operator community.

In addition to projecting slow but real growth for the foodservice industry in 2018, The NPD Group outlined a handful of attributes that will affect the way consumers use foodservice. Specifically, NPD predicts consumers will remain strapped for time, embrace digital ordering even more and strive to develop a closer relationship with their couches.

Delivery remains all the rage in today’s foodservice industry. And rightfully so.

In addition to projecting slow but real growth for the foodservice industry in 2018, The NPD Group outlined a handful of attributes that will affect the way consumers use foodservice. Specifically, NPD predicts consumers will remain strapped for time, embrace digital ordering even more and strive to develop a closer relationship with their couches.

One attribute that makes the foodservice industry so unique is that it plays host to a variety of philosophies.

Given that it's December, it's only natural to want to look ahead to the coming year (or even years) to get an idea of what our businesses might look like in the future. Only, that can be a fool's errand.

The good news for the restaurant industry is that unemployment levels remain at historically low levels. Why is low unemployment good for the restaurant industry? The National Restaurant Association’s Hudson Riehle always reminds me low unemployment helps keep consumers busy and they subsequently crave the convenience that foodservice operators from all segments often provide.

If you stop and stare at one long enough, you can probably see a restaurant or foodservice operation evolve before your very eyes.

Last month, home goods retailer Crate & Barrel announced plans to add a two-story, full-service restaurant to its store in Oak Brook, Ill., a suburb of Chicago. In doing so, Crate & Barrel became the latest in a series of retailers investing in adding foodservice to its brick-and-mortar locations.

All the world’s a stage and all the men and women merely players.” William Shakespeare wrote those words as part of his classic comedy “As You Like It.” In many respects, that same idea applies to commercial kitchens and equipment packages, particularly in this era, where transparency rules the day.

There’s an undeniable hum throughout the foodservice industry as the pace of change continues to impact everyone.

Business leaders often look over their shoulders trying to find the next disruptive player or event that will shake up their organizations. Well, in a matter of weeks spanning August to the beginning of September, the foodservice industry got a double dose of disruption.

When trying to assess the health of an industry, many people look to the macroeconomic factors that often impact performance. Two factors regularly linked to the foodservice industry include national employment levels and personal disposable income, among others.

Ask any foodservice operator and they will rightfully tell you their business is pretty complicated. But nowhere is that more the case than in today's healthcare foodservice industry.

Just like Hollywood has its awards season, so too does the foodservice industry. From associations to buying groups, everyone likes to get in on the act of celebrating the success of those companies and individuals who go above and beyond in shaping the landscape of the industries they serve. But awards programs need to do more than simply recognize the biggest players in an industry.

For so many members of my generation, the lasting image of college foodservice remains a less than positive one. We entered meal periods hoping for the best but never truly knowing what we would get. Naturally, when looking at today's college foodservice environment, we can't help but marvel at the progress this industry segment continues to make.

Advertisement