New data from the Plant-Based Foods Association (PBFA) and The Good Food Institute (GFI) shows that U.S. retail plant-based food sales grew 27 per cent to US$7 billion in 2020. The growth in plant-based food sales was consistent across the nation, suggests the report, with more than 25 per cent growth in every U.S. census […]
The 50 largest restaurant chains were able to withstand the pandemic far better than smaller chains or independents, according to Technomic’s 2021 Chain Restaurant Report. Sales at the 500 largest restaurant chains in the U.S. declined more than eight per cent last year, according to the report. Chain restaurants closed fewer locations than expected and gained […]
Canadian foodservice sales are expected to rebound somewhat in 2021, albeit still remaining way below pre-COVID-19 levels. Commercial foodservice sales in Canada are forecast to improve to $61.4 billion in 2021, says a new report from Restaurants Canada. This would represent an 11.8-per-cent increase compared to 2020 but would still be 20 per cent below […]
The hot restaurant concept of ghost kitchens are spreading like wildfire. By Tom Nightingale It’s well-established by this stage that ghost kitchens are the new hot concept born out of — or at least accelerated by — the COVID-19 pandemic. The first ghost kitchen appeared in New York in 2013. It was already growing steadily […]
Another official indication of just how badly the COVID-19 pandemic has impacted Canadian foodservice and restaurant sales has emerged. A Statistics Canada report released last week shows that restaurants and bars across Canada reported their worst year for sales on record. The recent data from Statistics Canada shows that sales at eating and drinking establishments […]
Restaurants and operators must be careful not to cede control over customer loyalty as off-premises consumption becomes the norm.
By Ryan Karolak If you’re in the restaurant world then you are well aware that margins are slim and competition is fierce. High food quality, a great staff and a strong reputation are increasingly necessary to survive as a restaurant in a big city. Of course, all of these things independently cost a lot of […]