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 Census Bureau reported restaurant sales did well in September. YUM! plans to spin off its China division. McDonald’s all-day breakfast appears to be a hit with consumers, but the same can’t be said for franchisees. Food away from home prices accelerate. Red Robin “takes back the bar” just as neighborhood bars fold. These stories and a whole lot more This Week in Foodservice.
Operators like the DSR to take their orders. Will YUM sell its China operation? Domino’s Pizza nixes menu price increases. A Target store adds a new kind of Starbucks. The NPD Group reports breakfast traffic is up. These stories and a whole lot more This Week In Foodservice.
The National Restaurant Association reported that business was soft in August. Foodservice hiring remained strong last month. McDonald’s makes major changes in their Canadian operations. Dunkin’ Donuts says slowing sales are the result of higher prices that the chain raised in response to increasing minimum wage requirements. These stories and a whole lot more, This Week in Foodservice.
Starbucks attempted to deal with scheduling problems but came up short. New York City tried to rid the city of foam and hard plastic food containers but was shot down in court. Johnny Rockets and the QuikTrip C-store chain have both introduced new concepts. These stories and a whole lot more This Week In Foodservice.
The Federal Reserve surprised many by keeping interest rates near zero. Major chains are under pressure to spin off their real estate holdings but the IRS may intervene. Sysco has a three-year plan that includes focusing sales attention on independent restaurants. Foodservice prices continue to increase faster than overall consumer prices. These stories and a whole lot more This Week In Foodservice.
Restaurant sales remained moderately strong in August. Job openings hit an all-time high in July. Operators are not standing idly by while McDonald’s rolls out its all day breakfast program. Wawa says foodservice was the primary reason for the largest remodeling program in the c-store chain’s history. To escape expensive ground floor rents, New York City restaurants continue to lease upper floors. These stories and a whole lot more This Week In Foodservice.
McDonald’s all day breakfast requires new kitchen equipment. U.S. manufacturing struggles while employment data is mixed. Foodservice operators continue to hire. Subway plans a major shift in their strategy. These stories and a whole lot more This Week In Foodservice.
The Restaurant Performance Index chalked up a solid gain in July and operators continued to invest in equipment. GDP was up 3.7 percent in the second quarter. As the economy improves, operators find the labor market tightening. A study finds independent hamburger restaurants grew faster than the chains. These stories and a whole lot more This Week In Foodservice.
Casual restaurant sales in July slowed to a crawl. Restaurants experiment with different approaches to compensation, including price increases and no tipping plans, but finding the perfect system appears elusive. Activist Nelson Peltz of Trian lands two seats on Sysco’s board. Breakfast remains a terrific opportunity for foodservice. These stories and a whole lot more This Week In Foodservice.
Restaurants and drinking places are doing well according to the recent retail trade numbers. An expected ruling from the National Labor Relations Board could have serious consequences for the foodservice industry. Sysco outlines its strategy moving forward as the broadline distributor gets targeted by an activist investor. Is Subway too big? One school of thought thinks so. These stories and a whole lot more This Week in Foodservice.
Laggards for a long time, midscale restaurants have become one of the industry’s hottest segments. Despite encouraging top line job numbers a deeper look shows a few nagging weaknesses. Foodservice led the way in hiring last month. Sysco’s case sales indicate the broadline distributor may increase market share. More than a dozen chains report their comparable same-store sales. These stories and a whole lot more This Week in Foodservice.