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 […]
