Restaurant Brands International (RBI) and Popeyes Louisiana Kitchen have announced that the companies have reached an agreement for RBI to acquire Popeyes for $ 79.00 per share in cash, or … Continue Reading →
Getting customers who visit restaurants less to visit more may be overstating the obvious in terms of boosting sluggish U.S. foodservice traffic growth. IFT Daily News
U.S. restaurant industry traffic will remain stalled in 2017 in much the same manner it did in 2016, reports The NPD Group, a global information company. IFT Daily News
As consumer traffic declines, it appears that both 2016 and 2017 will not be as positive as first anticipated based on Technomic’s U.S. restaurant industry forecast released in May 2016. … Continue Reading →
Visits to restaurants will increase minimally quarter-after-quarter, resulting in an average lift in traffic of 1% annually, says The NPD Group, a global information company. IFT Daily News
The National Restaurant Association (NRA) has announced its acquisition of the National Registry of Food Safety Professionals (NRFSP), a U.S.-based certification body. IFT Daily News
Since the gluten-free market’s inception, retailers have steadily embraced the trend by stocking more gluten-free items, featuring them in-store, and launching their own private label brands. IFT Daily News
Driven by stronger same-store sales and a more optimistic outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index (RPI) posted a moderate gain in October. IFT Daily News
The U.S. restaurant industry is evolving in profound ways, according to Technomic. The food research and consulting firm has predicted 10 trends that may prove transformational in 2016, ranging from … Continue Reading →
Although consumers order a beverage 70% of the time when visiting restaurants and other foodservice outlets, beverage orders have declined 4% or 2 billion servings over a five-year period, finds … Continue Reading →
