Tag: foodservice
Restaurant Trends Report examines inflation across segments
- General News
Toast, the all-in-one digital platform built for restaurants, today announced its Q2 2024 Restaurant Trends Report, providing insight into the overall state of the U.S. restaurant industry through an analysis of aggregated data from selected cohorts of restaurants and in select U.S. cities on the Toast platform
Red Lobster gets court approval of Chapter 11 plan
- General News
Red Lobster Management LLC, along with its direct and indirect operating subsidiaries, owner and operator of the Red Lobster restaurant chain, today announced that the company has received court approval of its Chapter 11 plan.
Black Box Intelligence evaluates early impact of California’s fast food wage hike
- Analysis
California’s recent minimum wage hike, from $16 to $20 per hour, has caused quite a stir in the industry. While some brands have closed their doors, others have hiked prices to cope.
Mediterranean chain files Chapter 11
- General News
Mediterranean fast casual chain Roti filed for Chapter 11 bankruptcy protection on August 23, 2024.
Circana research shows 86% of eating occasions sourced from home
- General News
Circana, a leading advisor on the complexity of consumer behavior, recently released a new report providing a complete view of food and beverage consumption trends, both at home and away from home.
Subway launches $7 footlong promotion
- General News
Starting August 26 through September 8, guests can order any footlong sub on Subway's menu for just $6.99.
Sysco releases plan for FSMA food traceability compliance
- General News
Sysco Corporation, the world’s largest food distributor, today announced its comprehensive plan to support the Food Traceability Rule, issued by the U.S. Food and Drug Administration (FDA) under the Food Safety Modernization Act (FSMA).
Report: Restaurant service fees continue to grow, wages stay above inflation
- General News
Square released the latest edition of its Quarterly Restaurant Report, which uses data across Square’s food and beverage sellers to examine dining trends, along with shifts in consumer spending and restaurant wages.
El Pollo Loco partners with TikTok star for its Double Chopped Salads campaign
- General News
El Pollo Loco, the nation's leading fire-grilled chicken chain, has announced an exciting partnership with content creator Yuri Lamasbella.
PE firm acquires controlling interest in Golden State Foods
- General News
Golden State Foods, one of the largest diversified suppliers to the foodservice and retail industries, today announced that Lindsay Goldberg, a family and founder-focused private equity firm, has entered into an agreement to acquire a controlling interest in the Company alongside the Wetterau family, who will maintain a significant ownership interest.