As foodservice distributors face cost pressures, Amazon becomes leading source for online foodservice purchases
According to a study by Technomic, Inc., a Chicago-based foodservice consultancy, Amazon was recognized as a leading source for online purchases from foodservice operators. The 2018 E-Sourcing Impact Study indicates that over 40 percent of foodservice operators indicated using e-sourcing at least once per month. E-sourcing will not become the primary source of purchases for operators… Labor shortages will continue to impact foodservice distributors, in addition to their restaurant operator customers.
Krispy Kreme returns Holiday Treats LTO lineup, adds Ugly Sweater Doughnut
Krispy Kreme announced limited-time holiday doughnuts, expected to boost the chain’s December sales. New to the Holiday Treat collection this year is the Ugly Sweater Doughnut. The Holiday Treat collection now includes the Santa Belly Doughnut, Ugly Sweater Doughnut, Holiday Plaid Doughnut, and Chocolate Iced with Sprinkles Doughnut. Krispy Kreme customers… Holiday Peppermint Mocha.
Krispy Kreme adds Cinnamon Swirl Doughnut, returns Pumpkin Spice
The new Cinnamon Swirl Doughnut features decadent cream cheese glaze, cinnamon icing swirl Krispy Kreme has introduced a new Cinnamon […]
Building training programs that foster inclusion, safety in the MeToo era
Creating a comfortable, professional, and respectful workplace is vital to fostering an environment that promotes productivity and idea generation in any industry. Today, particularly with the rise of the #MeToo Movement, employers and companies must consider the way in which an employee may feel threatened, anxious, or disrespected. Everyone with a leadership position should be well-equipped to deal with the challenges that come with running a multifaceted and diverse business.... Creating interactive and tailored training sessions that follow the Equal Employment Opportunity Commission guidelines...
Delivery, offsite business, CRM deployment drive sales momentum for Bloomin’ Brands, Outback in Q3
More than 25 percent of sales for the combined chains of Bloomin’ Brands—Outback Steakhouse, Bonefish Grill, Carrabba’s Italian Grill and Fleming’s Prime Steakhouse and Wine Bar—in the very near future, said Elizabeth Smith, CEO for Bloomin’ Brands on a Q3 investor conference call September 29. The company benefited from having added 240 locations across the system thus far, and Bloomin’ Brands expects to add another 200 units by the end of this year... about 70 to 80 percent of Carrabba’s and Outback stores are “eligible” to be delivery restaurants (urban/suburban vs. rural).
Sonic Corp. reports improved sales for its final fiscal 2018 quarter
Sonic Corp. announced its financial results for the fourth fiscal quarter of 2018 (Q4). Sonic agreed to a merger agreement in which it will be acquired by Inspire Brands, a wholly-owned subsidiary of Roark Capital as of September 2018. Comparable sales across the system of Sonic drive-ins increased... or its fiscal 2018 year, Sonic reported that comparable sales have decreased 0.3 percent, comprising a 0.3-percent decline at franchised drive-ins and a 0.8-percent decrease at company-owned stores.
Sonic Drive-In introduces Classic, Spicy Footlong Philly Cheesesteak LTOs
Sonic has introduced the new Classic and Spicy Footlong Philly cheesesteaks for a limited time. The Classic is a combination of grilled steak and onions, topped off with a cheese sauce and nestled in a Sonic fluffy bun. Those seeking more "heat," will opt for the Spicy Footlong Philly with extra zing provided by the jalapeños and Baja sauce.
Restaurant marketers seek to understand Gen Z: Best practices
Embracing and understanding this next generation of consumer, Gen Z, is important to restaurateurs and restaurant companies across the United States. After all, this is the generation that spends the most of their hard-earned dollars on food prepared outside the home. According to a Piper Jaffray… 24 percent of Gen Z spending is on food. This is the generation that is seeing its maturation occur in a rapidly changing world.
Naf Naf Grill launches delivery, recognizes first-responder service
Naf Naf Grill, a Middle Eastern-style chain with 38 locations in more than eight major markets, has launched a new delivery service in partnership with DoorDash. Naf Naf favorites, including traditional shawarma, fresh falafel and handmade pita, can be served up at customers’ homes and offices using the Naf Perks app or online. To promote the service, Naf Naf will offer free delivery for a limited time.
Sonic adds LTO Breakfast Slingers to morning lineup
Sonic Drive-In has added a limited-time lineup of lighter-sized breakfast sandwiches to keep its customers on the move. The new Breakfast Slingers start at just $1.49 and 250 calories... Breakfast Slingers come in three options that are served on a buttery, brioche bun: egg and melted cheese and also either crispy bacon or savory sausage.
Inspire Brands finalizes deal to acquire Sonic, adds $12B QSR chain to Roark Capital portolio
Sonic is now part of the Roark Capital portfolio of restaurant companies with Inspire Brands finalizing its acquisition of the $2.3B deal for the quick-service drive-in chain. Inspire Brands is led by Paul Brown and Sonic will be led by Claudia San Pedro, serving as Sonic president, announced post-acquisition agreement. Cliff Hudson will be a senior advisor to Sonic until next March for transition purchases.
The Cheesecake Factory opens new restaurants in Tennessee and Texas
The Cheesecake Factory announced opening two new restaurants, one in Chattanooga, Tenn. and the other in Lubbock, Texas. The new […]
Restaurants tap big data for growth, customer engagement
Restaurant data is helping chains grow. There are several high-impact uses: to analyze data to customize the guest experience, to create offers and marketing campaigns with a higher value proposition, to understand social sentiment and to learn from such feedback using text data analysis, and to create predictive analysis to create better food delivery experiences for customers. Predictive analysis, social sentiment... tools in restaurant data.
Sonic Drive-In adds Fritos Chili Cheese selections to the menu
Sonic Drive-in has added new selections to its menu to feature the taste of Fritos Chili Cheese.There are at least three ways Sonic’s guests will be able to enjoy the innovative Fritos flavor, including The Fritos Chili Pie, made with crunchy Fritos, savory chili, topped with melty cheddar cheese, the Fritos Cheese Jr. Wrap and the Fritos Chili Cheese Jr. Burger.
Restaurant Acquisitions ›
Maryland entrepreneurs enter next Cava chapter with Zoes acquisition finalized
Cava has completed the acquisition of Zoe's Kitchen, according to an announcement from Cava November 21. Zoe’s shareholders received $12.75 per share in the all-cash transaction. Panera Founder Ron Shaich had backed the deal, which was funded by his Act II Holdings investment... SWaN & Legend Venture Partners and Revolution Growth.
Restaurant Supplier News ›
National Restaurant Association forges equity deal with Technomic parent for NRA Show oversight
According to an announcement from Technomic, its parent, Winsight LLC, has forged a new deal with the National Restaurant Association, expanding its penetration of the foodservice information services market in the U.S. The agreement for an undisclosed amount will hand over operational oversight of the National Restaurant Association Show to Winsight, and the Association will gain an advisory board seat and an equity partnership with Winsight.
ezCater bolsters executive team, naming new chief strategy, chief sales officers
ezCater is bolstering is executive suite with new hires after a $100M Series D round of financing. It has named James Rosenstock as chief strategy officer, while tapping Mike O’Hanlon for the ezCater chief sales officer role. The company is quickly positioning itself for growth. This follows the acquisition of Paris-based GoCater. As chief strategy officer, Rosenstock will lead financial, international and corporate development for ezCater.
ezCater taps Janine Allo as first chief people and culture officer
ezCater announced a new Human Resources executive to support the growth of the rapidly-rising business catering marketplace on the heels of its acquisition of Paris-based Go Cater, a corporate catering ordering and spend-management platform. Janine Allo has been named Chief People and Culture Officer. She comes to ezCater with 25 years of experience helping organizations grow in a changing environment. Allo was recently VP of Global Talent at Flex International, and there she helped the company grow amid a transformation and rebranding initiatives.
Restaurant Marketing ›
Restaurant chains offer up free food on Veterans Day to active, retired military
Restaurant chains are showing goodwill as they look to attract veterans and their families the 2018 Veterans Day weekend. Orange Leaf Yogurt is providing free frozen yogurt to active and retired military at participating stores. The nearly-200-unit chain is providing a coupon online for this offer on its website. At Ruby Tuesday, all military personnel will enjoy a free appetizer... military personnel will receive a free entree at California Pizza Kitchen from a special Veterans Day menu November 11.
Taco Bell introduces PARTY by Taco Bell group dining, party kits
Taco Bell has introduced its own group dining program at select restaurants, “PARTY by Taco Bell.” This program, which runs through December 22, seamingly as a test, will allow patrons to reserve tables that include a Taco Bell Party Decor Kit for up to 10 guests to celebrate special occasions.... Where are the PARTY by Taco Bell participating locations?
Protecting a restaurant brand while engaging 3rd party delivery-service providers
Consumers are enjoying restaurant food in the comfort of their own homes and their places of work. Restaurant chains have focused on delivery and takeout as a way to capture the upside of this trend. According to Melissa Wilson of restaurant consulting firm, Technomic, appearing in April at the Restaurant Leadership Conference in Phoenix, restaurant delivery is expected to grow by 12 percent. ..In fact, several high-profile announcements during the summer have highlighted the importance of delivery to restaurant chains. Chipotle, Naf Naf Grill, California Pizza Kitchen, Shake Shack, and Applebee’s...
QSR chains amp up promotions during Halloween 2018 season
Quick-service restaurant chains are amping up their promotions and limited-time offerings during the Halloween season. Burger King is introducing a nightmarish burger called the Nightmare KIng, intended and “clinically proven” to induce increased nightmares. The Nightmare King sandwich contains a quarter-pound flamed-grilled beef patty, 100-percent white meat crispy chicken fillet, melted cheese, thick-cut bacon, mayo and onions on a glazed green sesame seed bun.
Restaurant marketers seek to understand Gen Z: Best practices
Embracing and understanding this next generation of consumer, Gen Z, is important to restaurateurs and restaurant companies across the United States. After all, this is the generation that spends the most of their hard-earned dollars on food prepared outside the home. According to a Piper Jaffray… 24 percent of Gen Z spending is on food. This is the generation that is seeing its maturation occur in a rapidly changing world.
Restaurant chains offer up free food on Veterans Day to active, retired military
Restaurant chains are showing goodwill as they look to attract veterans and their families the 2018 Veterans Day weekend. Orange Leaf Yogurt is providing free frozen yogurt to active and retired military at participating stores. The nearly-200-unit chain is providing a coupon online for this offer on its website. At Ruby Tuesday, all military personnel will enjoy a free appetizer... military personnel will receive a free entree at California Pizza Kitchen from a special Veterans Day menu November 11.
Building training programs that foster inclusion, safety in the MeToo era
Creating a comfortable, professional, and respectful workplace is vital to fostering an environment that promotes productivity and idea generation in any industry. Today, particularly with the rise of the #MeToo Movement, employers and companies must consider the way in which an employee may feel threatened, anxious, or disrespected. Everyone with a leadership position should be well-equipped to deal with the challenges that come with running a multifaceted and diverse business.... Creating interactive and tailored training sessions that follow the Equal Employment Opportunity Commission guidelines...
Bojangles accepts buyout offer from Durational Capital, The Jordan Company
Charlotte, N.C.-based Bojangles’ announced that it would be acquired by Durational Capital Management and The Jordan Company for $16.10 per share or about $594M... The buyout offer represents a 39-percent premium over the closing share price February 12, 2018, when there was initial speculation of a potential transaction, said the 766-unit chicken and biscuit chain.... a Bojangles’ sale culminated in a report by Reuters September 28 that the company was seeking strategic alternatives.
Sweetgreen receives $200M in new funding led by Fidelity Investments
Sweetgreen, a health-oriented fast-casual chain, serving creative salads and bowls built around proteins, grains and vegetables, has raised $200M in its latest raise, following a $35M raise just three years ago. This new round was led by Fidelity Investments. Sweetgreen plans to use the investment to further advance its digital platform, it announced... allow the 90-unit chain to advance its supply chain platform through the use of blockchain.
Krispy Kreme adds Cinnamon Swirl Doughnut, returns Pumpkin Spice
The new Cinnamon Swirl Doughnut features decadent cream cheese glaze, cinnamon icing swirl Krispy Kreme has introduced a new Cinnamon […]
Poultry unleashed: Potbelly’s Turducken Sandwich LTO, a food critic review
tbelly Sandwich Shop announced the arrival of the Turducken Sandwich. The sandwich has hit the press hard due to the perception of its uniqueness and excess. The Washington Post’s Tim Carman, a food writer and Cheap Eats critic ate the sandwich twice and offered up his own review on the experience... features a delicious combination of turkey, duck and chicken toasted with cornbread stuffing and topped with a cranberry-honey sauce, mayo, lettuce, cheddar cheese, tomato and seasoning
Whole Foods releases 2019 food trends
Whole Foods Market’s global buyers and experts revealed their food-trend predictions for 2019 in their fourth annual trends predictions announcement. The following are Whole Food's 2019 food trends: Pacific Rim flavors, shelf-stable probiotics, phat eats, next-level hemp, faux-meat snacks, eco-conscious packaging, trailblazing frozen treats, marine munchies, beyond seaweed, snack time, upgrade, purchases that empower.
Food trends for 2019 and beyond
Food and beverage trends are usually based on more than just flavor profiles. What becomes popular is often based on the mood of the market. The attitude of the consumer is decided by the perceived strength of the economy, collective fears and anxiety, or other often hard to predict factors. On the topic of predicting up-and-comers, top forensic trendologist, Suzy Badaracco, president of Culinary Tides, explains that consumers are not feeling particularly grounded or confident... 2019 food trends