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.
The NRA says September sales turned soft but gross domestic product did better than forecast in the third quarter. Sysco reports higher sales and profits.
New data on a minimum wage increase. Consumer prices for restaurants continue to climb but less than at supermarkets. Colorado is the tops in restaurant hiring. C-store consolidation picks up.
The Commerce Department reported weak September retail sales but restaurants enjoyed a fair increase. First-time jobless claims fell to a 14-year low. The Sysco/U.S. Foods merger may have hit a stumbling block. Malcolm Knapp is optimistic about casual restaurant sales. McDonald’s is still searching for answers.
Knapp-Track says casual chain restaurant comp sales were up again in September. Despite improving sales, Darden stockholders vote in a new board. A report notes that the new tablet ordering systems may not replace employees.
The NRA says the industry had a “solid gain” in August, employment news for September was mostly positive including foodservice hiring, Technomic found that there is heavy support for a minimum wage increase, and a whole lot more.
American Express reports an increase in consumer spending at restaurants, The NPD Group says high-check-average operators are doing well, a San Francisco restaurant owner takes on Yelp!, Jimmy John’s gets hacked and much more.
This Week in Foodservice provides reports from the minimum wage fight, a story that the Sysco/U.S. Foods merger may be challenged by the government, news on Darden’s fight with some of their investors, Johnny Rocket’s new concepts, and a whole lot more.
This Week In Foodservice looks at good sales numbers in August from both the government and Knapp Track, provides a look at a Federal Reserve study on why the economy is so soft, and covers a bunch of news on both McDonald’s and Burger King as well as a whole lot more.
This Week In Foodservice reviews the fast food workers labor action last Thursday, reveals that foodservice is the most respected industry in the U.S., reports on advances in foodservice hiring and a whole lot more.
This week we take a closer look at the National Restaurant Association’s July Restaurant Performance Index, the Burger King/Tim Hortons deal and the flurry of speculation it triggered about other possible acquisitions and the latest economic numbers.
New data from Technomic suggests fast-casual restaurants may face some challenges, July housing stats are mostly positive, some observers have a negative view of one-item restaurants, and a whole lot more.