Performance Food Group Company today announced its third-quarter and first-nine months fiscal 2018 business results: otal case volume grew 0.8 percent Net sales increased 2.7 percent to $4.3 billion Gross profit improved 7.2 percent to $558.7 million... “We are pleased with our third-quarter net sales and profitability, said President and CEO George Holm.
According to its 2018 Top 250 Fast-Casual Chain Restaurant Report, total sales growth for the top restaurant chains in the segment was just 9 percent in 2017. In 2015, Technomic reported fast casual chain restaurants were growing sales at a 11.5-percent clip. Also unit growth rate in 2015 was 9.8 percent, but in 2017, growth was just 6.1 percent...As U.S. saturation nears, chains have opportunities in underdeveloped markets, including Australia, Mexico, Saudi Arabia, Spain.
...Asian Island foods, a trend identified by Chicago-based consultancy Technomic. It has propelled Asian Island chicken on menus. At the same time, consumers are looking for protein alternatives to meat and are driving an interest in the creation of more food products and menu items that tap the nutrition and appeal of pulses and plant-based proteins.
Now, brands that operate on MONKEYTM can offer mobile ordering for takeout, delivery, and catering to their guests through LevelUp Broadcast, an extensive partner network of digital channels. This strategic integration will provide MonkeyMedia Software's network of more than 8,000 restaurants with access to an ever-increasing population of mobile users who order ahead for takeout, delivery and catering.
Revel Systems, an iPad-based point-of-sale (POS) system company, has seen strong growth due to the growing popularity of mobile POS. As part of an array of advanced solutions, mobile POS is helping restaurateurs access added benefits, including back-of-house integration, a marketing platform and enabling more options for engaging customers.
Diners in Arlington, Va. have benefited from a string of successful new restaurant openings over the last few years. The city has developed as one of the most exciting food cities in America, as local restaurant groups aggressively expand and bring new concepts to the area. Two restaurant groups, MacNac Hospitality and Social Restaurant Group, are battling for Arlington Diners.
The Eatery Pulse TV News Network debuted its most exciting and energetic web boradcast to date in Swizzle Chill TV. Catch the latest episodes by subscribing on YouTube or on […]
Gluten-free (GF) foods, typically consumed by those with celiac disease, wheat allergies, and gluten sensitivity, have seen a 36 percent sales growth rate from 2010-2015, according to Packaged Facts. Entirely devoted to GF treats, Virginia-based Happy Tart bakery has locations in Alexandria, Falls Church, and Del Ray (currently under renovation). Cakes, crepes, cookies, cupcakes, macarons, and fresh bread.
RAMW announces restaurant founder and publican Daniel Coleman will be honored with the 2018 Duke Zeibert Capital Achievement Award at a reception on Monday, April 30 at 5 p.m. This is one of the twenty-one awards presented during the RAMMY Awards season and is named in honor of legendary Washington restaurateur Duke Zeibert.
Eatery Pulse News Media debuts new Washington, D.C. food and drink magazine, grows web-based broadcasting
Our newest publication, Swizzle Chill, will complement the D.C. area’s media coverage of thriving local bar and restaurant scenes...The magazine will be a fun, high-energy and joyous source of local discovery of D.C.’s best experiences and provide further visibility to our restaurant community.
"Thai, Indian, Korean and North African Influences are hot right now and are breaking through into foodservice in the form of sauces, spirces and proteins," she says...Technomic, a Chicago-based foodservice research film and consultancy, has also presented Southeast Asia as a source of flavor trends.
The organic food industry has grown rapidly in recent years and the growth trajectory continues to rise, as organic ingredients begin to find a place in the broader feel-good food trend. The industry has recently reached $50 billion dollars in annual total organic product sales and is predicted to continue growing rapidly, with average growth in the double digits for the past five years...The D.C. metro area is a hub for innovative restaurant operators who have already capitalized on this surge of interest in organic ingredients, with local favorite restaurants Sweetgreen and Founding Farmers emphasizing the role of organic