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:
The Trump Administration released a reform and reorganization plan to combine food safety regulations under USDA and move SNAP to a revamped Health & Human Services Department, away from USDA, among other moves. The report notes "there are many examples of how illogical our fragmented and sometimes duplicative food safety system can be," including that while FDA regulates cheese pizza, pepperoni pizza falls under the jurisdiction of USDA. Full Report
Chipotle will test quesadillas, nachos, and avocado tostadas at its test kitchen in New York City. In addition, the company will test a new salad and chocolate shakes inspired by traditional spiced Mexican cocoa. The items are expected to eventually roll out nationwide, reported The Washington Post. Full Story
Darden Restaurants plans to open 45 to 50 locations across its eight branded restaurants. Seven of Darden's eight restaurants, including LongHorn Steakhouse and Eddie V's, saw same-store sales rise in its fourth quarter, reported Fortune. Full Story
Speed is the key to success in the fast-casual restaurant space, according to a Morningstar restaurant analyst. Restaurants that offer simplified operations, quick, convenient service and order accuracy have been most successful, in addition to add-on menus or low-priced items that diners can order as part of a larger meal, reported CNBC. Full Story
The Krystal Co. plans to rebuild 50 to 60 of its corporate-owned stores within the next four years, according to the company's CEO. Additionally, the company expects franchisees to rebuild between 30 and 40 stores during the time frame, reported AL.com. Full Story
A&W Food Services of Canada Inc. will offer the Beyond Burger at all of its restaurants across the country. The chain will be Beyond Meat's largest restaurant partner yet, and the first national burger chain in Canada to carry the burger. Full Story
Shift4 Payments and Canada-based Posera Ltd. introduced a merchant services program for restaurants. The program is meant to streamline the payment process and reduce costs for users. Full Storyread more
The Food Institute and asset solutions partner Harry Davis & Company are teaming up to deliver a free webinar on June 19 entitled “Understanding Your Assets: Expert Strategies for Food & Beverage Processors.” They will explore what value food manufacturers may be leaving on the facility floor, the basics of asset management, the various scenarios for valuing your assets, and a suite of strategies to maximize your assets’ value.
If you've gone to the grocery store lately you've surely noticed the increased importance given to products that make mealtime easier. From pre-cut fruits and vegetables to meal kits to fully-prepared dishes, the supermarket is becoming a major competitor in the foodservice sector.read more
Although a maelstrom of issues have compounded at Starbucks Corp., one thing seems certain: profits will be lower than previously expected in 2018.read more
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