Various studies show improvement in the employment market and in the manufacturing sector. Dickey’s Barbeque Pit offers a virtual kitchen take out concept to franchisees. Famous Dave’s equates its takeout success during the pandemic to plans the company made three years ago.
Market research firm Mintel Group made some very specific predictions about the foodservice business as the industry’s struggles due to COVID-19 continue.
Almost six months after the start of the COVID-19 pandemic in the U.S. restaurants continue to face numerous challenges, including determining how to keep their doors open.
Sales at restaurants and drinking places saw double-digit growth in June. U.S. manufacturing activity appears to be on the rise. The IRC’s appeal for $120 billion in federal funds to support independent restaurants appears to be gaining support in Congress. Here's what you need to know.
The concept of meal kits is not a new one. Yet this segment is enjoying something of a rebirth thanks to coronavirus.
Purchasing managers report strong June growth. Craftworks holdings finds new ownership. Buffets and salad bars are gone thanks to COVID-19 and when they will be back is anyone’s guess. Dunkin’ will close 450 small stores. These stories and a whole lot more This Week in Foodservice.
Up to 85% of restaurants could close, according to a study from the Independent Restaurant Coalition, which formed during COVID-19 to provide a voice for smaller operators. The IRC recommends the Federal Government establish a $120 million Restaurant Stabilization Fund to save the industry. The IRC contends establishing the fund will generate $248 billion in economic returns.
Like so many of his fellow restaurateurs, Cameron Mitchell was forced to close his operations to comply with government stay at home orders aimed to slow the spread of COVID-19. In Mitchell’s case this meant closing 36 restaurants and laying off 4,500 employees.
Despite the May sales increase at foodservice and drinking places, the restaurant industry faces a long road back. Surveys show manufacturing sector is picking up, and Foodservice receives more media coverage. McDonald’s results show the complexity of ever-changing industry dynamics.
Delivering restaurant food doesn’t seem to be high tech nor exciting nor financially spectacular. Despite this, almost overnight some investors became infatuated with food delivery, something pizza and Chinese restaurants had been doing for decades.
Foodservice Equipment & Supplies is the longest-running publication serving the decision-makers of the nearly $15 billion E&S industry.
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Foodservice Equipment & Supplies (FE&S) is the one media source that connects equipment and supplies manufacturers and service providers with the full distribution channel including news, trends and best practices for foodservice equipment dealers, specifiers, operators, and supply chain partners.
