You’ll have heard this before by now, but the pandemic has changed the restaurant industry forever. Datassential’s fourth annual Firefly 500+ restaurant report highlights many of these core shifts, such as restaurant chains focusing on key markets and unit growth rather than simply sales. The food industry market research and insights company’s Samantha Des Jardins […]
By Katie Belflower At the start of the year, amid what was still significant COVID-19-related turmoil and evolving restrictions and operations, Technomic mapped out a predicted trend report for the Canadian foodservice industry. Now, five months into 2022 and after so much has changed (again) in the industry and beyond, Technomic has compared its new […]
Leading fast-food chains are reporting that a year of growth in 2021 was fuelled by a surge in digital sales, which are making up an increasing percentage of orders. The shift towards off-premises consumption is set to outlast the pandemic. Sales of that nature have largely held firm even as indoor dining has been reintroduced […]
One rather inevitable effect of the strains on the food industry has been rising costs and higher menu prices, and the consequences have been spectacular. Amid a landscape of stretched supply chains, climate change, a labour crunch, and other factors, restaurants have been raising their menu prices to offset the resulting unprecedented spike in food […]
In 2021, running employee operations is so much more than just shift scheduling, but solutions like BarSight Restaurant Systems are here to help. Running a restaurant or other foodservice establishment is very different from a typical 9-5 operation. Even before COVID-19, the scope of responsibilities that operators have to juggle on the staffing side alone […]
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 […]
By David Scott Peters Building lunch sales is key to greater profitability in restaurants. This is because most of the costs associated with preparing for the dinner rush happen during the daytime. Think about it: You are paying rent and utilities whether you are generating sales during the day or not. There are labor costs […]
New Technomic study reveals the latest trends and data to keep abreast of consumers’ shifting behaviours and attitudes toward soup and salad Press release Soup and salad combos adapt well to trends around healthy eating, snacking and seasonal ingredients, but value concerns increasingly deter sales, according to Technomic’s recently released 2018 Canadian Soup & Salad […]
Press release The Manufacturers’ Agents Association for the Foodservice Industry (MAFSI), has released their annual Commercial Foodservice Market Forecast for 2018; a 24-page member-sourced report compiling industry intelligence from the leading sales and marketing agencies in the foodservice equipment and supply industry, in the United States and Canada. Per the quarterly MAFSI Commercial Foodservice Business […]
By Douglas P. Fisher, BAS, MSc, FCMC, FCSI In 1993, the Canadian Restaurant Accounting Standards in order to assist independent, small, mid-size and large restaurant chains to use a nationally recognized standard of accounts. These standards were updated in November 2009 with the release of Canadian Restaurant Accounting, Second Edition. The Canadian Institute of Chartered […]
