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.
Rounding up Chipotle news from the past week. Foodservice employment surged in January. Wendy’s pledges to cut energy usage by 20 percent. Furniture retailer Ikea becomes a destination restaurant and much more!
Incentives are the norm for selling franchises. Economic expansion slowed to a crawl in the fourth quarter. Pizza Hut is investing in new ovens. Olive Garden takes their catering program nationwide. Seattle’s $15 minimum wage is being challenged in court. These stories and a whole lot more This Week in Foodservice.
Where did Chipotle’s customers go? Food away from home prices continue to increase faster than at retail stores. McDonald’s operators find all day breakfast works as fourth quarter sales improve. These stories and a whole lot more This Week in Foodservice.
Restaurants ended 2015 with another month of strong sales in December even though overall retail sales were down. The Christmas selling season turned out to be a good one after all. A Wall Street firm is very bullish on Restaurant Brands International. The Sheetz C-store chain is raising store employees' wages. Are there negative aspects to increasing breakfast sales? One industry observer thinks so. These stories and a whole lot more This Week in Foodservice.
The Chipotle saga continues. Foodservice operators were hiring in December. Malcolm Knapp is modestly optimistic about casual restaurant sales in 2016. These stories and a whole lot more in This Week in Foodservice.
The National Restaurant Association reports the industry continues to grow. The NPD Group says restaurant traffic has now recovered from the recession. Cornell University thinks an increasing minimum wage is good for foodservice. Mergers and acquisitions in the restaurant industry were down sharply last year compared to 2014. These stories and a whole lot more This Week in Foodservice.
Casual-dining chains same-store sales were up marginally in November. How competitors can take on McDonald’s all-day breakfast. Christmas season drives restaurant sales. Krispy Kreme is adding baristas to boost coffee sales. Chipotle’s image plummets. These stories and a whole lot more This Week In Foodservice.
Government stats say restaurants continue to lead retail sales. All-day breakfast drives traffic and sales for McDonald’s. Chipotle encounters more food safety problems. The National Restaurant Association will challenge the New York minimum wage in court. These stories and a whole lot more This Week in Foodservice.
Operators continue to wrestle with wage increases. Foodservice remains a leader in new hires. The CEO of CKE blasts the recent NLRB decision on joint employment. The National Restaurant Association will sue New York City over the menu labeling rule on sodium. These stories and a whole lot more This Week in Foodservice.
The NRA says foodservice showed a moderate gain in October. Casual dining chains saw comp-store sales decline in October. Big three hamburger chains are expected to have strong sales in October and November. McDonald’s all-day breakfast may be hurting family dining operators. These stories and a whole lot more This Week in Foodservice.
What really happened during the recent restaurant “strike?” One in ten Americans will eat their Thanksgiving dinner in a restaurant. Food-away-from-home prices continue to increase faster than grocery store prices. Consumers still aren’t in a mood to spend. These stories and whole lot more This Week In Foodservice.