Economic News
Foodservice Industry Performance Dips Again Slightly, Says Technomic
The foodservice industry has seen two months of deceleration, according to the consumer trends and research company Technomic.
Technomic Makes Big-Picture Predictions for 2022
The global research firm forecasts industry recovery will continue in 2022, while operators will get more innovative than ever.
Restaurant Sales Are Off to a Strong December Start, Says Black Box
The first week of December posted stronger sales growth than the monthly sales growth reported for August, September and October—though it was 2 percentage points lower than the strongest week in November.
5 Foodservice Trends to Heat Up in 2022
Baum + Whiteman predicts robots will be the No. 1 trend of 2022, but the consultancy also expects plant-based chicken and ghost kitchens to gain in popularity after getting a good start this year.
Supply Chain Disruptions Challenge School Meal Programs
A new study from the School Nutrition Association gives a glimpse of what school meal programs have been dealing with as supply chain challenges disrupt operations behind the serving counter.
Technomic Predicts Global Restaurant Trends for 2022
From egg sandwiches gaining popularity to delivery kitchens losing steam, Technomic made its predictions on what it believes will be the six biggest trends for the coming year in its “2022 Global Restaurant Trends Forecast.”
October TIndex Shows Slight Decline in Foodservice Industry
Technomic cites softness in travel and leisure and less traffic for independents as reasons for the decline.
SHFM’s 2021 Benchmarking Study Illustrates Rising Costs and Check Averages
The Society for Hospitality and Foodservice Management released its “2021 Industry Standards and Benchmark Comparisons” study, and it puts numbers to trends that have become apparent in the industry—including rising product and labor costs and increasing check averages.
Holiday Season Starts Strong for Restaurants, Says Black Box
The holiday season is off to a good start for restaurants, according to Black Box Financial Intelligence’s latest “Restaurant Industry Performance Pulse.”
2022 State of the Foodservice Industry
What a ride 2021 has been. The year started with the country in the midst of a COVID surge, with widespread office and school closures, and many jurisdictions mandating dining restrictions. By spring and early summer, as vaccination levels soared and COVID cases plummeted, foodservice industry sales quickly accelerated. Driven by a pent-up desire to…
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