Foodservice operators and distributors need to have facts at their fingertips every day to compete in a crowded marketplace where business requires knowing consumer trends as well how much that will cost. Foodservice members of the Food Institute will be able to:
Using a typeface that appears to be handwritten appeals to consumers and could benefit restaurants looking to sell organic, locally-sourced and healthy foods, according to a study published in the Journal of Business Research. The study found typeface created a competitive advantage as consumers felt the food ordered from such a menu was prepared with love and care, reported Forbes. Full Story
Carrols Restaurant Group will acquire 166 Burger King and 55 Popeyes restaurants from Cambridge Franchise Holdings for $238 million, including debt. The restaurants are located across 10 southern states. Full Story
Restaurant delivery company Waitr Holdings will locate its headquarters in Lafayette, LA, expanding to 48,000-sq. ft. of office space. At the facility, Waitr will lead corporate growth initiatives as the company expands to a national footprint, reported Area Development. Full Story
Shake Shack named Andrew McCaughan chief development officer, Michael Kark chief global licensing officer, Dave Harris chief information officer and Jay Livingston chief marketing officer. Full Story
Just Eat will remove all restaurants with a hygiene rating of zero from its platform. Just Eat will invest $1.2 million to raise food hygiene and safety standards, and will help any restaurant on its platform with a rating of zero, one or two to improve, reported BBC. Full Storyread more
December 20, 2019 (Upper Saddle River, NJ) - The Food Institute forecasts eating away-from-home sales growth will outpace at-home in 2019, according to its webinar "An Honest Look at 2019 Food Industry Trends.” Brian Todd, president of The Food Institute, predicts 5.1% growth for eating and drinking places in the coming year and 2.8% growth for food and beverage stores.
First, there was Fight for $15. Then, diners demanded that wait staff be paid a fair wage. Now, their delivery counterparts are fighting for similar protections.read more
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