Restaurant Sales Up for October, Menu Prices Continue to Outpace Grocery, More People Plan to Eat Out for Thanksgiving This Year, and More
- Published: November 21, 2017
- Written by Jerry Stiegler
This 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 sea of information. Jerry is a long-time member of the foodservice industry, whose experience includes working for Restaurants & Institutions magazine and FE&S.
Same-store sales increase at casual dining chains, per a Knapp Track report. Virtual restaurants are a big thing. Chili’s says the reduced menu is working. More than 20 chains report comparable store sales. These stories and a whole lot more This Week in Foodservice.
The National Restaurant Association reports industry performance ticked up in September. Foodservice hiring shot up in October after hurricanes resulted in massive job losses in September. JAB Holdings, owner of Krispy Kreme and Panera Bread, may be pursuing Dunkin’ Brands. These stories and a whole lot more This Week in Foodservice.
A Wall Street stock analyst looks at restaurant chains. Subway’s management and owners disagree on how to deal with declining sales and market share. IHOP introduces a new small prototype. McDonald’s racks up a strong quarter. These stories and a whole lot more This Week in Foodservice.
Malcolm Knapp sees some positive signs for casual dining chains. The number of chain coffee shop units continue to grow. Weeks after the hurricanes, some restaurants remain closed. The Tilted Kilt unveils two new designs. These stories and more This Week in Foodservice.
Total retail sales rose in September, as did restaurant sales, per the U.S. Census Bureau. Pizza Hut has developed an improved pouch for delivery orders. Urbane Cafe has received a strategic investment from the founders of the Panda Restaurant Group. These stories and a whole lot more This Week in Foodservice.
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.