Off-premise food popularity was a top dining trend identified this year. As consumers look for more convenience, there is no shortage of chains wanting to bring the food to where the consumers are. For IHOP, the sales momentum it gained in its Q2 2018 quarter was not exclusively due to the initial lift… but also due to a focus on off-premise sales and operational execution. Through the Starbucks-Alibaba partnership, delivery will be launched in Beijing and Shanghai in September, expanding the program to 30 cities and more than 2,000 stores… enables the creation of “Starbucks Delivery Kitchens” within Hema supermarkets.
Restaurant Brands International (RBI), reported financial results for Popeyes for Q2 2018. RBI acquired Popeyes Louisiana Kitchen in an all-cash transaction for $1.8B in March 2017. Popeyes grew its sales to $937M, a 10.7-percent increase, compared to a 3.3-percent increase in the same period last year.
Dickey’s Barbecue Restaurants is adding its first location in Broomfield, Colo, a northwest suburb of Denver, this summer. A franchise agreement with Brandon Gerrick has made the first Broomfield restaurant possible. The Broomfield location will be the 10th location in the Greater Denver Area and will be located at 1221 East 1st Avenue.
Krispy Kreme announced taking a majority stake in Insomnia Cookies, a late-night cookie delivery company with 135 stores in the United States. Insomnia Cookies was launched in 2003 by Seth Berkowitz.. JAB Holding Company acquired Krispy Kreme for approximately $1.35B in 2016. Through Krispy Kreme’s investment, JAB is further extending its reach in bakery and coffee businesses in U.S. retail and foodservice
Here are the trends that appeared in our "2018 Food and Dining Trends Report" earlier this year that have staying power: Plant-based foods going mainstream; off-premise food poularity; local gives way to regional attribution; manifestation...overuse of term “local” dilutes meaning, significance, say experts regional global territories: “Southern Low Country, Ozarks, Appalachia, Cuba, India and the Middle East.”
Krispy Kreme Doughnuts will be releasing limited-time doughnuts at its retail outlets. The new “summer desserts” include the Strawberries & Kreme Doughnut and the Banana Pudding Doughnut, both available starting June 20. Freedom Ring Doughnut will feature the classic Original Krispy Kreme Glazed Doughnut decorated with red, white and blue to reflect an image of the American flag, available between June...