Restaurant sales and traffic growth slowed down during July but remained stronger than the growth rates posted by the industry back in April and May.
The foodservice landscape will look different in 2030 as Generation Z commands more influence and market share.
International Fresh Produce Association (IFPA) welcomed produce suppliers, foodservice innovators, award winning chefs, K-12 professionals, menu planners and more to Foodservice Conference this week.
Quick service restaurants (QSRs) have historically represented the majority share of U.S. restaurant industry traffic, which means as quick service goes, so goes the industry.
More than three years after the pandemic turned the restaurant industry upside down, many dining preferences that emerged during that time seem to be here to stay.
Restaurants saw their year-over-year same-store sales and traffic growth fall for the third consecutive month in April. During this month, the industry experienced its softest sales growth since July of last year, making April the second-worst month in over two years.
STEELE BRANDS, a Minnesota-based company known for establishing and developing healthy lifestyle restaurants, announced today that its flagship brand CRISP & GREEN has signed a record-breaking 40-unit development deal with franchise partner Rory Kelly of Salads & Smoothies, LLC.
The number of U.S. restaurants – including chain franchises and independent stores – has not yet rebounded to pre-pandemic levels, and is still meaningfully lower than what it was before the advent of COVID-19, according to Nick Cole, Head of Restaurant and Hospitality Finance at Mitsubishi UFJ Financial Group (NYSE: MUFG).
Restaurant365, the leading all-in-one restaurant enterprise management software today released key findings from the R365 State of the Industry Customer Survey.
The 2023 “State of Restaurants” Report released today by TouchBistro reveals that restaurant sales in the U.S., on average, have recovered to approximately 75% of pre-pandemic levels, with three-in-five operators reporting that their sales volume has returned to at least 50% of pre-pandemic levels.