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 their performance index drifted lower in March. Sysco reported sales and gross profit rose in the last quarter. NPD sees casual restaurant situation improving. YUM! Brands will spend $185 million on KFC including new equipment. These stories and a whole lot more in This Week In Foodservice.
The U.S. economy continues to stumble forward. Los Angeles restaurant operators want to change minimum wage calculations. McDonald’s woes continue. Hooter’s parent collects hamburger chains. These stories and a whole lot more in This Week in Foodservice.
U.S. retail sales turned positive in March and restaurant sales did fairly well. For the first time, restaurant sales exceeded those of supermarkets. McDonald’s franchisees are not in a positive frame of mind. Burger King’s founder thinks $15 an hour minimum wage will kill the dollar menu. These stories and a whole lot more in This Week in Foodservice.
Sales among casual restaurant chains slowed in March according to Knapp-Track. Job openings hit a 14-year high in February. Some states go on record opposing the Sysco/US Foods merger. An Oakland, Calif. minimum wage increase leaves some businesses unhappy. These stories and more in This Week in Foodservice.
The National Restaurant Association says that despite slower sales for the month, foodservice operators continued to spend in February. The jobs picture and other government reports suddenly cloud the economic outlook. Labor action planned for next week. These stories and a whole lot more in This Week In Foodservice.
There’s a new #2 in restaurant sales. A New York City startup company wants to streamline foodservice delivery by running their own central kitchen. See why Starbucks' plan to reduce energy use didn’t work. These stories and a whole lot more in This Week In Foodservice.
Casual-chain restaurant sales limped along in February. A new report shows overall restaurant comparable store sales were driven up in February by higher check averages. Patent trolls are targeting restaurants. Restaurants on or near highways are getting a boost as more road trips are taken. Starbucks tests delivery. These stories and a whole lot more in This Week In Foodservice.
Restaurant sales slid in February, perhaps due to weather. Foodservice employee turnover continued to rise in 2014. Sysco notified the SEC that they are postponing the closing of the US Foods acquisition for 60 days.
Are humans soon to be obsolete in the kitchen? Foodservice hired at a hot pace in January. Fewer independent restaurants pulled down the overall number of foodservice locations last year. We will explore these stories and a whole lot more in This Week in Foodservice.
The NRA says January was a good month. Restaurant wages are heading up. Family dining chains are coming on strong. These stories and a whole lot more in This Week In Foodservice.
The good news about 2014 restaurant sales comes with a question mark. The Sysco/US Foods merger looks to be headed to court. Wait staff are far from getting rich but are also doing better than minimum wage. “I’m a drone and I’ll be your server this evening.” These stories and a whole lot more.