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Popmenu study finds consumers spending less of monthly food budgets on restaurants

- General News
Consumers love restaurants — 64% said they would dine at or order from restaurants every day if they could manage it — but a prolonged struggle with inflation is tempering their spend and gratuities for staff.

US Foods releases Q1 report, closes acquisition

- General News
US Foods Holding Corp., one of the largest foodservice distributors in the United States, today announced results for the first quarter fiscal year 2024.

Report: Value gains importance as restaurant sales, traffic remain soft

- Analysis
March’s year-over-year (YoY) same-store sales growth was 0.1%. The good news is that this was the first month of this year the industry has been able to post positive sales growth.

Restaurant trend report finds consumers trading down, dining out less

- General News
Vericast's 2024 Restaurant TrendWatch report shows 60% of consumers surveyed will ‘trade down’ from a casual dining restaurant to fast food.

IFPA announces winners of 2024 Produce Excellence in Foodservice Awards

- General News
These nine chefs and foodservice professionals were nominated by peers and then evaluated by an expert panel of produce industry judges.

IFPA releases Best in Foodservice award winners

- General News
The best of the best in foodservice produce use have been named by the International Fresh Produce Association.

Sysco improves sustainability with product packaging

- General News
Sysco Corporation, the leading global foodservice distribution company, is taking action to improve the sustainability of product packaging.

Panera New Era features revamped and new menu items, including salads

- General News
Panera Bread is proud to announce the New Era at Panera has arrived! The company's largest menu transformation ever began Panera's next chapter, guided by what our guests love the most— soups, salads, sandwiches and our signature mac & cheese.

TGI Fridays to be acquired by largest franchisee

- General News
TGI Fridays announced today that it has reached agreement on exclusivity and on a non-binding basis for a proposed all-share acquisition by UK-based hospitality business, and the brand's largest global franchisee, Hostmore plc.

What Chefs Want to acquire Phoenix Wholesale Foodservice

- General News
What Chefs Want, headquartered in Louisville, KY, is thrilled to announce its upcoming acquisition of one of the leading fresh produce foodservice distributors in the southeast, Phoenix Wholesale Foodservice in Atlanta.