This Week in Foodservice

jStieglerJerry StieglerThis 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 information. Jerry is a long-time member of the foodservice industry, whose experience includes working for Restaurants & Institutions magazine and FE&S.

This Week in Foodservice: Roller Coaster Sales Pattern Continues, Finding Foodservice Employees Gets Harder, and McDonald’s Opens Biding on Portion of Japanese Operations

Retail sales were up last month but restaurants saw a sales decline. Hiring foodservice employees is getting tougher. McDonald’s plans to franchise its China operation and now wants to do the same for Japan. Applebee’s and IHOP are planning major overseas expansion.

This Week in Foodservice: Starbucks may surpass McD’s one day, more meal promos and restaurant traffic off to stalled start

The No. 1 foodservice chain will be … Starbucks? Operators continued to hire in December. The NPD Group sees restaurant traffic stalled this year. Prediction is that menu prices will remain high but restaurants will offer deals and promotions. Well known Wall Street analyst Mark Kalinowski predicts that Starbucks will increase its restaurant count by 8.4 percent and same-store sales by +5.0 percent in 2017. Further, he believes some time in the future Starbucks will have the industry’s largest market capitalization, bypassing current leader McDonald’s.

  

This Week in Foodservice: BWW’s Taco Chain Expansion; Effects of Minimum Wage Examined, YUM China on its Own and More

Stories worth a second look: Boston Globe columnist takes a look at effects of minimum wage; the foodservice industry added over 9,000 employees in October; Buffalo Wild Wings has major expansion plans for its taco chain; YUM’s China operation is officially a separate company; and the NFL’s declining TV ratings are getting the blame for soft sales at some chains. Plus, we have the latest comp store sales for over a dozen chains.