Many restaurant chains are still on the path to recovery, continuing to struggle with inflation, supply chain delays, and labour shortages. But for some, 2023 brings the promise of growth and expansion, even amid the possibility of an impending recession. RELATED: 2023 sees food prices rising even higher As we work towards getting back […]
Press release Canadian chefs and cooks will unite at the birthplace of confederation this June to mark a year of change and progress, with the launch of a new brand and logo and a refreshed mandate for growth, inclusivity and harnessing the passion of culinarians across the country. President Simon Smotkowicz is looking forward to […]
Press release Rational North America, the leading manufacturer of combi technology, has announced its full-year 2017 results after a year of record growth and product launches. The company continued its successful performance, generating a 26 per cent increase in year over year growth and capturing 45 per cent market share within the combi oven category. […]
By Jeni Marinucci It appears Canadians really love their smoothies and salads. The fresh food QSR Freshii released plans yesterday outlining their projected growth into the restaurant marketplace, noting that they expect to increase storefronts by up to 160 locations this year alone. While there is a definite trend right now towards availability of fresh, […]
By Matt Rolfe In 2016, hundreds of great bars and restaurants will close their doors in Canada. Many of them had solid locations and great concepts. Most had sound business plans. What makes or breaks these businesses? More often than not, it’s because the staff that was supposed to create a great experience for the […]
Press release According to the NPD Group, a leading global information company, it’s been a particularly challenging few years for Full Service Restaurants (FSRs) in Canada. Overall, traffic at FSRs has declined year over year, down 141 million visits compared to 2012. Dollars are also down on the year and have been relatively flat since […]
By Rafi Mohammed, Ph.D Pricing is one of the most powerful – yet underutilized – strategies available to businesses. Illustrating the power of pricing, using data from the National Restaurant Association and Deloitte Restaurant Industry Operations Report, if full-service restaurants raised their prices by just 1 per cent, and demand remained constant, on average their […]
