The U.S. Census Bureau reported that total retail sales increased in August, as did sales at foodservices and drinking places. Starbucks begins introducing its numerous changes. Burger King will invest $400 million in updated restaurants and advertising over the next 2 years. These stories and a whole lot more This Week in Foodservice.
The three largest foodservice distributors report strong sales in the first quarter of this year. Foodservice hiring was surprisingly good in June. The Panera Bread Company decides not to go public. These stories and more This Week in Foodservice.
A lot of people believe that the three major broadline foodservice distributors provide a quick look at what is happening in the field. If this is an accurate assessment, the market is doing well based on the big three’s most recent financial quarters.
The Conference Board reports consumer confidence took a hit in June. Grubhub’s parent company is exploring various options for the food delivery firm, while Middleby adds to its portfolio. These stories and more This Week in Foodservice.
A California law targeting fast-food restaurants draws fire from industry leaders. Starbucks takes a fresh look at everything as it welcomes a new CEO. These stories and a whole lot more This Week in Foodservice.
Robots and restaurants were very much in the news this week. Artificial intelligence guides a robot to handle takeout orders. More consumers are buying breakfast beverages and snacks as people give up remote working and return to their employers' facilities. And McDonald’s has begun market testing a chicken version of the Big Mac. These stories and more This Week In Foodservice.
The U.S. Census Bureau’s Advance Monthly Retail Sales for May reported total retail sales declined while sales of food services and drinking places increased. A top executive exits Starbucks. The National Restaurant Association urges the President and Congress to cut tariffs that are driving up inflation. These stories and a whole lot more This Week In Foodservice.
U.S. retail sales were flat in July. Froyo chain 16 Handles gets a new owner. Restaurant operators face steep challenges, per a National Restaurant Association study. Jack in the Box looks to sell some company-owned Del Taco units. These stories and a whole lot more This Week in Foodservice.
Recently the term “stagflation” has popped up. A burger chain turns to AI to offer customers suggestions on what to order. These stories and more This Week in Foodservice.
The government numbers for prices in July are interesting and lead to speculation on where inflation is headed and if a recession is in the future. QDOBA gets new owners. While Wendy’s will cut back on its ghost kitchen plans, other operators are not spooked by the segment.
Plus, a pizza restaurant adds a robot. So long Howard Johnson restaurants. These stories and more This Week in Foodservice.
Hiring was up substantially in July, including in the foodservice business. IFMA projects a decline in the amount foodservice operators will spend in 2023. Starbucks continues to attract attention from Wall Street. These stories and a whole lot more This Week in Foodservice.
Plus, Wing Zone commits to installing a robotic frying system in its future restaurants
As industry performance struggles, the National Restaurant Association asks the Small Business Administration to release more aid. McDonald’s last quarter sales outperformed stock analysts’ expectations. These stories and more This Week in Foodservice
Restaurants' rollercoaster relationship with social media continues. A sandwich chain bets on pizza in Las Vegas. Chipotle invests in the future of the foodservice industry, while Kitchen United receives an investment to propel its future growth. These stories and more This Week in Foodservice.
Starbucks remains in the spotlight for plenty of reasons. McDonald’s looks to exit Russia. One Texas restaurant tries to help thy neighbor.
College foodservice shows signs of improvement. Starbucks continues to wrestle with numerous challenges. A Notre Dame chef scores a big culinary touchdown. These stories and more This Week in Foodservice.
The NRA’s March Restaurant Performance Index was virtually unchanged from its February study. The U.S. economy declined in the first quarter with Gross Domestic Product falling 1.4 points. McDonald’s quarterly financials showed mixed results. Circle K’s parent, Alimentation Couche-Tard, is in talks to acquire British-based EG. These stories and more This Week in Foodservice.