DoorDash Unveils What -- and How -- Americans Have Been Ordering Online This Year

Today, DoorDash released its second annual Restaurant Online Ordering Trends Report which takes a deep dive into consumer online ordering preferences and emerging dining trends as to what Americans are ordering online and eating now.

The restaurant industry has dramatically changed since the onset of the COVID-19 pandemic, and off-premise dining is now more important than ever for both restaurants and customers. In fact, in Q1, more consumers than ever before were ordering on DoorDash and there are more DashPass members than ever before...

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Tue. May 10, 2022

COMTELL: Pork Situation








































Walmart and Symbotic Expand Partnership to Implement Industry-Leading Automation System

Symbotic LLC, a revolutionary A.I.-powered supply chain technology company, and Walmart Inc. announced an expanded commercial agreement to implement Symbotic’s robotics and software automation platform in all 42 of Walmart’s regional distribution centers over the coming years. This is an expansion of Walmart’s prior commitment to deploy Symbotic Systems in 25 regional distribution centers.

The end-to-end software-enabled high-density robotics platform plays a strategic role in supporting the retailer’s goal of modernizing its vast supply chain network and allows Walmart to transform its regional distribution...

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May 23 8:30 AM, General News



Warren/Rounds Resolution Myth-Facts

The North American Meat Institute (Meat Institute) today released the following Myth-Fact resource debunking the mischaracterizations about beef and cattle markets in a resolution introduced by U.S. Senators Elizabeth Warren (D-Mass.) and Mike Rounds (R-SD):

Myth: In the press release announcing the resolution, Senator Warren says beef companies have lowered wages for workers. This assertion is completely false.

Fact: The meat and poultry industry values its workforce and, according to Rabobank and other well documented sources, average starting hourly wages for workers have increased from $14.60 to $22.00 an hour...

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May 23 9:56 AM, General News


DoorDash Unveils What -- and How -- Americans Have Been Ordering Online This Year

Today, DoorDash released its second annual Restaurant Online Ordering Trends Report which takes a deep dive into consumer online ordering preferences and emerging dining trends as to what Americans are ordering online and eating now.

The restaurant industry has dramatically changed since the onset of the COVID-19 pandemic, and off-premise dining is now more important than ever for both restaurants and customers. In fact, in Q1, more consumers than ever before were ordering on DoorDash and there are more DashPass members than ever before...

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May 23 9:21 AM, General News


IHOP® Selects TRAY POS as New Vendor

TRAY, an innovative Point of Sale and restaurant management platform geared toward Enterprise restaurants, today announced a multi-year deal with IHOP® restaurants in the US.

In this new partnership, IHOP will be upgrading its current POS systems to TRAY's system. The new system allows IHOP franchisees to leverage more efficient training, and allows for more up to date technology throughout the restaurants. Since TRAY technology uses Android-based hardware, it provides an additional cost-savings opportunity for franchisees and allows for rapid conversion with minimal restaurant disruption...

 

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May 23 8:36 AM, General News


Checkers® & Rally's® Introduces its All-New Bacon Brewhouse Sandwich - for a Limited Time

Checkers & Rally's, an iconic and innovative drive-thru restaurant chain known for its bold and flavorful food at an exceptional value and its people-first attitude, brings the (Brew)house down with its Mother Cruncher chicken sandwich that infuses both bacon and beer cheese flavor sauce for that party-in-your-mouth taste.

Now available for a limited time, Checkers & Rally's new Bacon Brewhouse Mother Cruncher features a crispy all-white meat chicken breast topped with its new savory beer cheese flavor sauce topped...

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May 23 9:18 AM, General News


USMEF Statement on Study Confirming Effectiveness of Export Market Development Programs

On May 18, the U.S. Agricultural Export Development Council (USAEDC) released an economic impact study confirming the effectiveness of export market development programs in expanding demand for U.S. agricultural products and generating a strong return on investment. The study was commissioned by the U.S. Grains Council on behalf of USAEDC members. More details are also available in this USAEDC press release and infographic.

U.S. Meat Export Federation (USMEF) President and CEO Dan Halstrom issued this statement...

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May 20 1:16 PM, General News


McDonald’s Agrees to Sell Russian Assets to Existing Licensee

Days after McDonald’s announced it would exit the Russian market and sell its entire portfolio, the company reached a sale and purchase agreement with its existing licensee Alexander Govor.

Govor will acquire the entire Russian McDonald’s restaurant portfolio and operate the restaurants under a new brand. Govor has served as a licensee since 2015 and has operated 25 restaurants in Siberia.

McDonald’s said the agreement remains subject to certain conditions, including regulatory approval, with closing expected to occur in the coming weeks...

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May 20 9:48 AM, General News


New Acosta Report Explores the Rising Impact of Inflation on Consumer Dining Habits

Acosta, a global integrated sales and marketing services provider in the consumer packaged goods (CPG) industry, today released its sixth edition of The Why? Behind the Dine, a research report providing foodservice-specific insight bolstered by the expertise of its CORE Foodservice division.

Acosta's findings show that while most consumers (54%) are dining out less often due to inflation, about one-third are choosing to trade down rather than trade out, opting for less expensive restaurant and meal options to counter rising prices...

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May 20 8:29 AM, General News


Lineage Logistics Named to CNBC Disruptor 50 List for Second Year in a Row

Lineage Logistics appeared on CNBC Disruptor 50 list in back-to-back years the company announced on May 17. The company landed on the #3 spot after debuting at the #17 spot in 2021.

CNBC’s list displays the 50 fast-growing private companies in a number of industries. 

Companies named as a CNBC Disruptor 50 are selected by CNBC and CNBC.com editorial staff using a proprietary blend of quantitative and qualitative information submitted by more than 1,400 nominated companies, Lineage shared in a press release...

 

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May 20 8:20 AM, General News


This Week in Retail: Beef Ads Lag Leading Up to Memorial Day

The Memorial Day holiday is just one weekend away and grocers are gearing up for the unofficial start to the summer grilling season.

This major retail occasion typically drives sales from the meat case, with items like burgers and hot dogs stealing the spotlight.

Beef features account for 28% of total protein ad volume this week, up slightly from the previous week. Pork and seafood are tied for second with 25%. Chicken claims 16%, even with the week prior. 

While beef holds the top spot in retail buying opportunities, market participants have reported lackluster beef features for this time of year. May is typically the strongest period of the year for beef demand...

While beef holds the top spot in buying opportunities, market participants have noted lackluster beef features for this time of year. May is typically the strongest period of the year for beef demand...

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May 19 8:20 AM, UB Newswires


Urner Barry Releases May Soy & Wheat Report

In the latest WASDE report, the USDA stated that the outlook for 2022/23 wheat this May is reduced supplies, lower exports, and higher prices. U.S. 2022/23 wheat supplies are projected down 3%, as lower beginning stocks more than offset a larger harvest. All wheat production is estimated at 1,729 million bushels, up 83 million from a year ago. Also, all wheat yield is projected at 46.6 bushels per acre, a slight increase from last year. The USDA's first survey-based forecast for 2022/23 winter wheat production is down 8% from last year, with abandonment for Winter Wheat at the highest level since 2002. However, Spring Wheat production is expected to rebound significantly from last year's drought-reduced Hard Red Spring and Durum crops primarily on return-to-trend yields.

Globally, the 2022/23 wheat outlook is for lower supplies, increased trade, and reduced ending stocks. Production is forecast at 774.8 million tons, 4.5 million lower than a year prior. Reduced production in Ukraine, Australia, and Morocco was partially...

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May 19 8:00 AM, Plant Protein


NCBA Blasts Overreaching, Political Special Investigator Bill

Today, the National Cattlemen’s Beef Association (NCBA) condemned the unfunded and duplicative Meat and Poultry Special Investigator Act of 2022, which was marked up this morning by the House Agriculture Committee.

“Cattle producers strongly support effective oversight of the meatpacking sector, but the special investigator bill does nothing to accomplish that goal. Rather than focusing on adequate staffing and funding for the woefully under-resourced Packers and Stockyards Division at USDA, this hasty proposal was rushed through the legislative process without consideration of the confusing bureaucratic mess it would create..."

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May 19 8:00 AM, General News


Former Disney Chairman and CEO Joins Gopuff as Investor and Advisor

Gopuff, the market-leading and fastest-growing platform for immediate delivery of consumers’ everyday needs, today announced that Bob Iger, former Disney CEO and Chairman, will become an advisor and investor. Mr. Iger will advise co-founders and co-CEOs Yakir Gola and Rafael Ilishayev, and the broader executive team, to help deepen Gopuff’s consumer engagement and growth globally.

“Bob Iger is one of the most important and visionary business leaders of this generation. He defined consumer engagement, product innovation, and organizational excellence,” said Gopuff co-founder and...

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May 19 8:00 AM, General News


Smithfield Foods Commemorates 20 Years of Sustainability Leadership in New Report

Smithfield Foods, Inc., an American food company and one of the world's leading vertically integrated protein producers, today published its 2021 Sustainability Impact Report, the company's 20th, outlining its holistic approach to responsible food production and efforts to produce Good Food, do Good Work and be Good Stewards of its animals and the environment. In addition to reporting on progress toward goals and targets across seven key pillars, the report commemorates 20 years of industry sustainability leadership and milestones focused on Environmental, Social and Governance (ESG).

"Since the..."

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May 19 8:00 AM, General News


ADM Named to 100 Best Corporate Citizens List for Third Consecutive Year

3BL Media has named ADM to its annual 100 Best Corporate Citizens ranking, recognizing outstanding environmental, social and governance (ESG) transparency and performance among the 1,000 largest U.S. public companies. This is the third consecutive year ADM has appeared on the prestigious list.

“ADM has a foundational culture of execution and innovation, but even more important is the unwavering commitment our colleagues to deliver our purpose to unlock the power of nature to enrich the quality of life,” said Chairman and CEO Juan Luciano...

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May 18 2:49 PM, General News


Hofmann Sausage Company Adds Ingles Markets as a Grocery Retailer

Hofmann Sausage Company announces that three of its retail hot dog items are now being sold chainwide in Ingles Markets. As of May 1st, Ingles Markets sells Hofmann Skinless German Franks, Skinless Beef Franks, and Skinless Dinner Franks.

Ingles Markets is based in Asheville, North Carolina, where the company began in 1963. The grocery chain operates 200 grocery stores in the southeastern United States with annual sales of almost $4 billion. Ingles Markets are in the following states: North Carolina, South Carolina, Georgia, Tennessee, Alabama, and Virginia...

 

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May 18 2:42 PM, General News


Mintel Announces 2022 Global Food and Drink Trends

In Southeast Asia, more than 50% percent of consumers* in Indonesia, Malaysia and Singapore worry that life will not be the same as it was before the pandemic, according to Mintel Global Consumer research on the holistic consumer.

A period of time that saw lockdowns, food panic buying and homes becoming offices impacted consumer behavior in a multitude of ways, including food becoming more than a source of sustenance, but also a source of reassurance. Mintel’s 2022 Global Consumer Trends explores these behavioral changes, with insight and recommendations for food, drink and...

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May 18 1:00 PM, General News


Marco's Pizza® Promotes Ideal Pizza Pairings for Your Zodiac Sign While Mercury is in Retrograde

Marco's Pizza is here to fulfil everyone's obsession with the stars – and pizza! To embrace the inevitable occurrence of Mercury in Retrograde and combat any uninvited energy, Marco's Pizza and professional astrologer Lisa Stardust teamed up to get pizza lovers' lives back in delicious order.

As Mercury slows down from May 10 to June 3 and potentially causes miscommunications or disagreements across people's lives – there's one thing we can all agree on: that pizza can bring positive vibes to every situation...

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May 18 1:00 PM, General News


Perdue AgriBusiness Associates Achieve Safety Milestone

Associates at Perdue AgriBusiness, an operating division of Perdue Farms, achieved a safety milestone by completing their fiscal year (April 2021-March 2022) without experiencing an Occupational Safety and Health Administration recordable lost-time case and achieved 1.7 million consecutive lost-time free work hours in doing so.

“It’s our associates’ daily focus on workplace safety that makes this kind of milestone possible,” said Scott Fredericksen, president of Perdue AgriBusiness. “It also reflects a company commitment to involve our associates in creating a safe and productive work environment. Many of..."

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May 18 9:37 AM, General News


April Retail Sales Grew With Consumers ‘Taking Higher Prices in Stride’

Consumers accustomed to inflation continued to spend in April as retail sales overcame higher prices to show both monthly and year-over-year increases, the National Retail Federation said today.

“April retail sales demonstrate consumer strength and willingness to spend despite persistent inflation, supply chain constraints, market volatility and global unrest,” NRF President and CEO Matthew Shay said. “While consumers are facing higher prices, they are preserving their budgets by shopping smart. Retail businesses are also facing increased costs like higher energy bills and rents as well as the..."

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May 18 8:58 AM, General News


Hormel Foods Named One of the Top Corporate Citizens in the United States

Hormel Foods Corporation, a global branded food company, today announced it has been named one of the 100 Best Corporate Citizens by 3BL Media. The 2022 ranking recognizes outstanding environmental, social and governance (ESG) transparency and performance among the 1,000 largest U.S. public companies. Hormel Foods has been included on the 100 Best Corporate Citizens list 13 times.

"Hormel Foods is committed to responsibly shaping the future of food with a reputation as a company that cares about our people, consumers, communities and planet," said Jim Snee...

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May 18 8:23 AM, General News


Brinker International Inc. Announces CEO Retirement and Succession Plan

Brinker International, Inc. announced today that Wyman Roberts will retire as Chief Executive Officer and President of the company, President of Chili's® Grill & Bar and as a member of the Board of Directors effective June 5, 2022. Roberts, 63, will continue to serve the company in an advisory role for 12 months as part of the company's succession plan.

The Board of Directors appointed Kevin Hochman, 48, as President and CEO of Brinker International, President of Chili's, and as a member of the Board of Directors effective June 6, 2022...

 

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May 18 8:17 AM, General News


GrubMarket Releases Standalone Mobile Ordering Apps for Food Wholesalers and Distributors

GrubMarket, a prominent software technology enabler for the food supply chain industry, today announced the release of custom mobile ordering apps, further extending its eCommerce offerings for suppliers. The apps can function as standalone products or integrate with GrubMarket's innovative and proprietary WholesaleWare software platform, which offers an end-to-end solution for food wholesalers and distributors to manage their entire business digitally. Integrations with other commercial software systems are also available.

The new apps offer a convenient and user-friendly mobile solution for suppliers to streamline their businesses...

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May 17 9:44 AM, General News


GOOD Meat & ADM Partner to Accelerate Cultivated Meat Production

Eat Just, Inc., a company that applies cutting-edge science and technology on a mission to create healthier, more sustainable foods, announced today that its GOOD Meat division has entered into a joint development agreement with ADM, an international leader in nutrition that powers many of the world’s top food, beverage, health and wellness brands. This is ADM's first strategic partnership of its kind in the cultivated meat sector, which analysts predict could become a $25 billion global industry by 2030.

GOOD Meat created the world’s first real, high-quality...

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May 17 9:24 AM, General News


Motional and Uber Eats Launch Autonomous Deliveries in Santa Monica

Today, Motional and Uber launched autonomous deliveries for Uber Eats customers in Santa Monica, California. Motional’s all-electric IONIQ 5 vehicles, operating autonomously, are now conducting end-to-end food deliveries.

“Autonomous delivery signifies the next phase of Motional’s commercial roadmap,” said Abe Ghabra, Motional’s Chief Operating Officer. “This service will provide the learnings and experience needed to make Motional the trusted AV provider for on-demand delivery networks. We’re proud to partner with Uber on this important milestone and begin introducing Uber Eats customers to autonomous technology...”

 

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May 17 8:53 AM, General News


Cybersecurity Tips for Your Farm Business

Security experts are urging all farmers, including pork producers, to make cybersecurity a top priority for their businesses. This type of criminal activity continues to target America’s food industry.

Security experts are urging all farmers, including pork producers, to make cybersecurity a top priority for their businesses. This type of criminal activity continues to target America’s food industry.

The FBI informed the food and agriculture sector that ransomware actors are more likely to attack. The agency says agricultural cooperatives are of particular concern during critical planting and harvest seasons...

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May 17 8:48 AM, General News


NAMI Applauds Nomination of Alexis Taylor to be USDA Undersecretary for Trade

The North American Meat Institute today applauded the nomination of Alexis Taylor to be the Undersecretary for Trade at the U.S. Department of Agriculture.

“Alexis’ experience working in Congress, in the Department and as Oregon Secretary of Agriculture make her uniquely qualified for this role,” said Julie Anna Potts, President and CEO of the North American Meat Institute. “She is the right..."

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May 17 8:07 AM, General News


McDonald’s "de-Arching" from Russia, Plans to Sell Entire Portfolio

McDonald’s announced it will officially exit the Russian market and has begun a process to sell its entire portfolio in the country.

Back in March, McDonald’s shuttered all of its Russian locations following Russia’s invasion of Ukraine with over 800 locations closed, and all operations were paused.

“The humanitarian crisis caused by the war in Ukraine, and the precipitating unpredictable operating environment, have led McDonald’s to conclude that continued ownership of the business in Russia is no longer tenable, nor is it consistent with McDonald’s values,” the company...

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May 17 8:00 AM, General News


Wingstop Signs Agreement for Development Rights for South Korea

Wingstop – the rapidly-growing and technology-forward fast casual wing restaurant – today announced an agreement for the development rights for South Korea, contributing to its robust international expansion pipeline. The agreement outlines an initial commitment of 60 restaurants over a ten-year period, with the potential for 200-250 total restaurants in the country, the first expected to open in early 2023.

Korea is a key growth market outlined in Wingstop's strategic roadmap to becoming a Top 10 Global Restaurant Brand. This expansion follows the brand's proven strategy that has been...

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May 16 12:59 PM, General News


Now You Can Order Domino's® Pizza … With Your Mind

What if you could order pizza with your mind? Now you can, thanks to Domino's new mind ordering app. Domino's Pizza Inc., the largest pizza company in the world, is teaming up with Netflix to introduce the latest strange thing to come out of Hawkins National Lab.

Domino's mind ordering app is a new immersive experience which places "test subjects" inside Hawkins National Lab in Hawkins, Indiana – transporting them to the center of "Stranger Things" in 1986. Users can explore the lab, uncover Easter eggs, use their...

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May 16 9:26 AM, General News


Toast and US Foods Renew Strategic Partnership to Help Restaurants Streamline Operations and Thrive

Toast, the all-in-one digital platform purpose-built for the entire restaurant community, today announced the renewal of its strategic partnership with US Foods, a leading foodservice distributor that works with approximately 250,000 restaurants and foodservice operators across the US.

Toast and US Foods share core values of helping restaurants succeed. The renewed partnership will allow both companies to build deeper relationships with restaurant owners and foodservice operators, providing the right technology solutions to save the operator time, grow revenue and improve the customer experience...

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May 16 9:00 AM, General News


USMEF Statement on USDA Undersecretary for Trade Nominee

Today the White House announced the nomination of Alexis Taylor to serve as USDA undersecretary for trade and foreign agricultural affairs.

U.S. Meat Export Federation (USMEF) President and CEO Dan Halstrom issued this statement in support of the nomination...

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May 16 8:47 AM, General News


New Sweet Onion Steak Teriyaki Sandwich Headlines Summer Blockbuster Season at Subway®

Subway® knows what guests have been craving — and that is more Sweet Onion flavor. Today, Subway announced one of the brand's most beloved sandwiches is getting the refresh treatment with the debut of the Sweet Onion Steak Teriyaki. Available for a limited time only, this twist on a Subway classic packs a flavor punch of familiar sweet onion and savory teriyaki, with notes of soy, sesame, garlic and black pepper.

"The new Sweet Onion Steak Teriyaki is the long-awaited sequel our fans..."

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May 16 7:55 AM, General News


Domino's® Awards 'World's Fastest Pizza Maker'

Domino's Pizza Inc., the largest pizza company in the world, awarded the 2022 World's Fastest Pizza Maker title to Zagros Jaff among nearly 8,000 cheering spectators at The Venetian Resort in Las Vegas on May 10. Jaff, a regional manager in Hampshire, England, made three large pizzas in an impressive 70 seconds – that's equal to making each pizza in roughly 23 seconds! Jaff won $3,000 in prize money, a trophy, a championship belt and the coveted title of World's Fastest Pizza Maker, presented by Domino's Chief Executive Officer Russell Weiner...

 

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May 13 9:45 AM, General News


Worker Health and Safety is First Priority in Meat and Poultry Industry

The North American Meat Institute, the nation’s trade association for meat and poultry packers and processors, today said the House Select Subcommittee on the Coronavirus Crisis’ partisan report distorts the truth about the meat and poultry industry’s work to protect employees during the COVID-19 pandemic.

The following is a statement from Julie Anna Potts, President and CEO of the North American Meat Institute:

“The Meat Institute and its member companies voluntarily provided hundreds of thousands of pages to the Committee..."

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May 13 9:06 AM, General News


Making Restaurants Better Event Sponsored by Sysco

Let’s Talk Womxn, an action led movement of 600+ women restaurant owners, is delighted to partner with Sysco Corporation, the leading global foodservice distribution company, to present a panel discussion with the American Culinary Foundation and celebrated food personality Andrew Zimmern on May 22, 2022. This event features a gourmet dinner by five Chicago restaurateurs, embodying their collaborative Let’s Talk Womxn model.

The panel will provide insightful discussion focused on opportunities to “Make Restaurants Better” including those related to policy, business, women’s issues and solutions to help strengthen the restaurant industry...

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May 13 9:03 AM, General News


White Castle to Treat Customers to a Free Cheese Slider in Recognition of National Slider Day May 15

White Castle invites customers far and wide to enjoy a complimentary Cheese Slider on National Slider Day, May 15. All they have to do is visit their favorite White Castle and present a digital coupon that can be found on the company's social media channels. No purchase is necessary to receive the free Cheese Slider.

National Slider Day is one of the most significant days of the year for White Castle. It gives the 101-year-old, family-owned business an opportunity...

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May 13 8:24 AM, General News


WASDE Data Shows Lower Projected Corn Crop and Lower U.S. Exports

In the latest World Agricultural Supply and Demand Estimates (WASDE) report, the USDA's outlook for U.S. feed-grain is for lower production, domestic use, exports and ending stocks, and higher prices. The corn crop is projected at 14.5 billion bushels, which is down 4.3% from last year.  

In a special note, USDA wrote "Russia’s recent military invasion of Ukraine significantly increased the uncertainty of agricultural supply and demand conditions in the region and globally. The May WASDE represents an ongoing assessment of the short-term impacts as a result of this action". 

Total U.S. corn use for the 2022/23 year is expected to decline 2.5% from a year ago due to lower exports and domestic use. Corn used to produce ethanol is unchanged from last year, reflecting expectations of steady U.S. motor gasoline consumption

U.S. corn exports are down 4% in 2022/23 due to lower supplies and strong domestic demand. Despite record exports projected for Argentina and Brazil, a 550-million bushel drop in exports for Ukraine is the main cause for a decline in world trade...

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May 13 8:24 AM, UB Newswires


Minerva Foods Posts Record Consolidated Gross Revenue and EBITDA in the First Quarter of 2022

Minerva Foods, the South American leader in the export of fresh beef and cattle byproducts, which also operates in the processed foods segment, announces to the market the financial results for the first quarter of 2022 (1Q22).

The Company's consolidated gross revenue totaled R$7.6 billion in 1Q22, up by 25% over 1Q21. In the 12 months ended March 2022 (LTM1Q22), consolidated gross revenue reached R$30.1 billion, a 35% increase over LTM1Q21.

In 1Q22, exports accounted for 70% of Minerva Foods' gross...

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May 13 8:00 AM, General News


This Week in Retail: Protein Demand and Rising Food Inflation

Fueled by rising food inflation, consumers nationwide continue to see higher prices for protein along with other goods, both at retail and foodservice. 

The Consumer Price Index (CPI) rose 8.3% in April, according to the Bureau of Labor Statistics—down slightly from the month prior. However, the latest figure was still near a 40-year high and slightly above what some analysts had anticipated. 

The food index increased 0.9% last month, its seventeenth consecutive monthly increase. 

Five of the six major grocery store food group indexes increased in April. The fruits and vegetable category was the only index that declined last month. The index for meats, poultry, fish, and eggs rose 1.4% in April, driven by a 10.3% increase in the egg index...

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May 12 8:07 AM, UB Newswires


Urner Barry Releases May Pulse Protein Report

For pulses like dry edible beans, prospective area declines are anticipated to continue in 2022. Spring weather is an important factor and is posing threats again this year with dry conditions across several dry bean growing regions. April 2022 marked the seventh month of the 2021/22 dry bean marketing year which began in September 2021 and will end in August. Although planting decisions have been made, a variety of factors can influence the final crop mix well into the spring and early summer.

In addition to dry spring weather, key economic factors affecting reduced dry bean area include surging input costs for items like fuel and fertilizer, and elevated prices for...

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May 12 8:00 AM, Plant Protein


Fuzzy’s Taco Shop Launches Online Ordering for Catering

Fuzzy’s Taco Shop announces the launch of their online ordering platform for catering orders to make enjoying their scratch made favorites with family, friends, and coworkers even more convenient. The Texas-based restaurant group is recognized for their Baja-style fare with nearly 150 franchise- and corporate-owned locations in 17 states.

The growing taco shop concept partnered with Olo, a leading on-demand commerce platform powering the restaurant industry’s digital transformation, to integrate catering into their online ordering platform.

“We’ve seen our catering sales increase..."

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May 12 8:00 AM, General News


Boozman Urges Biden Administration to Prioritize U.S. Trade and Agriculture Agenda

U.S. Senator John Boozman (R-AR), ranking member of the Senate Committee on Agriculture, Nutrition, and Forestry; joined Senators John Thune (R-SD), a member of the Senate Finance Committee and the Senate Committee on Agriculture, Nutrition, and Forestry; and Mike Crapo (R-ID), ranking member of the Senate Finance Committee, in leading a group of Republican members of the Finance and Agriculture Committees on a letter to U.S. Trade Representative Katherine Tai and U.S. Department of Agriculture Secretary Tom Vilsack urging them to prioritize market access initiatives as...

 

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May 12 8:00 AM, General News


Blue Apron Provides Details Regarding Next Phase of Strategic Plans 

- Introduced Next Phase of Strategy Towards Path to Adjusted EBITDA Profitability in 2023 and Free Cash Flow Generation in 2024
- Highlighted Drivers of Success Behind Eight Straight Quarters of Elevated Customer Metrics
- Outlined Plans to Drive Customer Growth Through Targeted Marketing Spend, Product Innovation, Customizations, Add-ons, and Non-Subscription Offerings
- Targeted Long-Term Steady-State Variable Margin of 40% and PTG&A of 20% of Revenue
- Discussed Strategy to Responsibly Deploy Recent Equity Capital Raised to Invest in Platform to Help Execute Its New Strategy

Blue Apron hosted...

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May 12 8:00 AM, General News


Marco's Pizza® Shifts to a 100% Cloud-Based Order Management Technology Platform

Marco's Pizza, one of the nation's fastest-growing pizza brands, unveils a major project to accelerate its digital capabilities and drive growth. The brand's strategic investments in technology and innovation center around migrating to a 100% cloud-based proprietary technology platform - Marco's Order Management System (MOMS).

This platform is designed to improve the customer experience as well as simplify operations for the franchisees and store team members. Testing is currently underway with plans to roll out first into all company-operated stores by year-end, with franchise...

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May 11 1:00 PM, General News


Grubhub is Buying Lunch for NYC

A new survey conducted by Grubhub found that lunch breaks are increasingly important to workers, which is especially true in New York City, with 72% of full-time employees calling it the most important meal of the day (compared with 64% of people working nationwide). Despite this, 69% of working New Yorkers admit they have skipped lunch because they were too busy, so Grubhub is helping them reclaim this important meal by giving all of New York City a free lunch on May 17.

"As one of the most dynamic dining cities..."

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May 11 9:33 AM, General News


Diesel Prices Climb to Fresh Record High

According to data from AAA, diesel prices surged to a fresh record high this week at $5.55 per gallon. This is up about 13 cents from the week prior and a whopping 78% higher than a year ago.

Elevated diesel prices are intensifying inflationary pressures and raising the costs of production for a variety of industries including farming and manufacturing. 

The U.S. Bureau of Labor Statistics reported that inflation climbed to 8.3% in April. This was down slightly from the month prior but still a near 40-decade high. U.S. stocks were mixed following the latest CPI data...

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May 11 9:29 AM, UB Newswires


The Wendy's Company Reports First Quarter 2022 Results

The Wendy's Company today reported unaudited results for the first quarter ended April 3, 2022.

"We continue to make meaningful progress against our three strategic growth pillars, reinforcing the strength and resiliency of the Wendy's® brand and driving robust AUV and sales increases," President and Chief Executive Officer Todd Penegor said. "We had one of our best quarters in our history for unit growth, with over 90 new restaurant openings, and are on track to reach our planned net unit growth goal of 5 to 6 percent for the year..." 

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May 11 8:30 AM, General News


Sales of Food Preservation and Storage Products Grow by Double-Digits As Consumer Demand Increases

With 86% of meals sourced from home, food inflation at a 40-year high, the average U.S. household wasting $1,866 of food each year*, U.S. consumers are storing food and leftovers to stretch their food dollars and meals while reducing food waste. The return to worksites and schools and more extracurricular and outside activities has increased the need to pack food for away-from-home meals and snacks. These needs drive the demand for food storage products, reports The NPD Group. Consumers spent...

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May 11 8:22 AM, General News


West Liberty Foods Names Chief Executive Officer

West Liberty, Iowa-based West Liberty Foods is pleased to announce the promotion of Brandon Achen to President & Chief Executive Officer, effective May 31, 2022.

Achen is a 16-year industry veteran who started with West Liberty Foods as an intern and has since seen a long tenure in operations, supply chain management, and key customer relationship management for the organization. He was promoted to President in 2020. Throughout his time at West Liberty Foods, Achen has gained valuable experience in operations scheduling, engineering, and executive management while also taking on the...

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May 11 8:00 AM, General News


Foodservice Update Q2 2022: Foodservice in Troubled Times - Impact of the War in Ukraine

This is a special edition focusing on the impact that the war in Ukraine may have on the foodservice industry in the immediate and the longer term. Food and energy prices were already rising before the war began, and this conflict has amplified the trend, making clear that high prices will not revert any time soon. Also, foreign brands operating in Russia are exposed to reputational risks, which might have consequences in long term strategies.

Report summary
The consequences will differ, depending on the market and...

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May 10 9:04 AM, General News


Sysco Third Quarter Results Delivered Market Share Gains & Growing Profitability

Sysco Corporation today announced financial results for its 13-week third fiscal quarter ended April 2, 2022.

Key highlights for the third quarter of fiscal year 2022:

- Robust consumer and customer away-from-home demand in late February and March, as Sysco’s resilient business snapped back from the impact of Omicron;
- Meaningful market share gains in the U.S. and International Segments based on Sysco’s Recipe for Growth strategy;
- Significant volume improvements, with U.S. Broadline volume up 18.8% versus the same period in fiscal year 2021, with our U.S. Foodservice segment...

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May 10 8:55 AM, General News


SEC Extends Comment Period on Climate-Reporting Rule

The National Pork Producers Council (NPPC) was pleased with today’s decision by the Securities and Exchange Commission (SEC) to extend the comment period to June 17 on its reporting requirements proposal on climate change-related information from publicly-traded companies and their customers, suppliers, and distributors.

“NPPC thanks Chairman Gensler and the SEC for recognizing the concerns of farmers and the challenges they face in understanding and commenting on the commission’s lengthy Climate Disclosures rule,” said NPPC’s Chief Executive Officer Bryan Humphreys.

The SEC responded to an NPPC-led letter signed by...

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May 10 8:50 AM, General News


UNFI Expands Food Rescue and Recovery Efforts with Too Good To Go

United Natural Foods, Inc. announced today the expansion of its relationship with Too Good To Go, the innovative food waste reduction app and the largest business-to-consumer marketplace for surplus food. What began as a pilot program in UNFI’s Atlantic region has become one of the fastest growing solutions offered by UNFI Professional Services, with the number of retailers offering the program nearly doubling after the first year.

“A core value underpinning UNFI’s ESG priorities is our long-standing commitment to doing what’s right for people and..."

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May 10 8:44 AM, General News


SpartanNash and DoorDash Partner to Scale On-Demand Grocery Offerings

Food solutions company SpartanNash today announced an innovative partnership with local commerce platform DoorDash to expand the Company’s grocery services and solutions across both digital and physical platforms through various different initiatives.

DoorDash is partnering with SpartanNash to offer on-demand grocery delivery from more than 100 SpartanNash owned stores including Family Fare, Martin’s Super Markets and more. The partnership will also include the opportunity for SpartanNash’s network of 2,100 independent retail customers to leverage both the DoorDash marketplace app and website as well as DoorDash Drive, the white-label...

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May 10 8:39 AM, General News


Real Good Foods Announces Launch of Crispy Chicken Shell Tacos in Walmart Stores Nationwide

The Real Good Food Company, Inc., an innovative, high-growth, branded, health- and wellness-focused frozen food company, has announced the launch of its newest platform, crispy chicken shell tacos, in Walmart stores nationwide. Beginning today, consumers can find three varieties of crispy chicken shell tacos across approximately 3,500 Walmart stores nationwide.

Real Good Foods' tacos are made from nutritious ingredients, are 100% Grain-Free and Gluten-Free, have only 2g of net carbs, and are packed with 25g of protein per serving. Unlike conventional tacos... 

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May 10 8:18 AM, General News


Domino's Pizza and Crave InfoTech to showcase SAP BTP-powered solution at SAPPHIRE 2022

Domino's Pizza has partnered with Crave InfoTech to automate some of their supply chain processes. Crave InfoTech, an SAP partner, has structured and helped deploy Domino's solution using the SAP Business Technology Platform (BTP).

Domino's Pizza and Crave InfoTech would attend the SAPs Sapphire 2022 in Orlando, Florida. Domino's Enterprise Systems IT and Crave Infotech, at Sapphire 2022, will highlight how they were able to jointly deliver favorable outcomes and savings for Domino's Supply Chain.

Shrikant Nistane, CEO, Crave InfoTech, said, "We are always keen to..."

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May 9 1:21 PM, General News


U.S. General Merchandise Unit Sales Fell 7% in April, as Retail Revenue Declined 1%, Reports NPD

As demand softens, the retail product mix needs to attract both value seekers and premium buyers

The consumer’s willingness to spend has been crucial to maintaining a healthy level of retail performance throughout the pandemic, but demand has been softening for several months. April 2022 U.S. general merchandise unit sales were 7% lower than a year ago, creating a 1% decline in sales revenue, according to The NPD Group.

“Higher retail prices have buffered demand declines but their escalation, combined with rising gas prices..."

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May 9 9:59 AM, General News


Tyson Foods Reports Second Quarter 2022 Results

Tyson Foods, Inc., one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, today reported the following results:

First Six Months Highlights

- GAAP EPS of $5.35, up 107% from prior year; Adjusted EPS of $5.16, up 57% from prior year
- GAAP operating income of $2,611 million, up 83% from prior year; Adjusted operating income of $2,593 million, up 47% from prior year
- Total Company GAAP and Adjusted operating margin...

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May 9 9:54 AM, General News


Nomad Foods Urges Food Industry to Adopt End-to-End Carbon Impact Product Assessment

Nomad Foods, Europe’s leading frozen food company, which owns brands including Birds Eye, Findus and iglo, is calling on the food industry and regulators across Europe to consider a more comprehensive, end-to-end approach to Life Cycle Assessment (LCA) studies, which includes food loss and waste impacts, to improve transparency for consumers and drive critical action to reduce carbon emissions.

Food production is a major contributor to climate change and making better environmental choices about what we eat and how we reduce...

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May 9 9:21 AM, General News


Taco Bell® is Swapping Mundane Meals for Free Crunchy Tacos in International Markets

Starting May 9 in more than 25 markets around the world, Taco Bell is fighting a universal truth: having the same meal on rotation can get, well… boring and unappealing. So, the brand known for satiating just about every craving — on and off the menu — is introducing Taco Swap.

There are two types of people in this world, those who love Taco Bell tacos and those who haven't tried them yet. Taco Swap builds upon this idea by giving potential fans the opportunity to get excited...

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May 9 8:15 AM, General News


U.S. Ports Set New Record for Imports

Imports at the nation’s major retail container ports set a new record this spring and are expected to see near-record volume this month as retailers bring in merchandise ahead of rising costs and further supply chain issues, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“Retailers are importing record amounts of merchandise to meet consumer demand, but they also have an incentive to stock up before inflation can drive costs higher,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold...

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May 9 8:02 AM, General News


Lineage Logistics’ Latest Acquisition Sets Groundwork for Significant Singapore Expansion

Cold storage giant Lineage Logistics has made another acquisition. This time the company has bought Mandai Link Logistics (“Mandai”), marking the Company’s market entry into Singapore.

Lineage said the financial terms of the deal were not made public, but the move sees Lineage acquire the market leader in Singapore for the provision of cold storage services and automated operations.

“Mandai established Singapore’s first fully automated cold storage facility and has been long considered a local market leader in the provision of cold storage warehousing and distribution services,” Jeff Hogarth...

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May 9 8:00 AM, SeafoodNews


Publix and Instacart Debut Carrot Warehouses in Miami

Publix, the largest employee-owned company in the United States with 1,295 grocery stores across several Southeastern states, and Instacart, a leading retail enablement company in North America, are debuting 15-minute delivery in Miami powered by Instacart's nano-fulfillment solution, Carrot Warehouses. Starting today and rolling out over the coming weeks, customers in Miami's Brickell, Coral Gables and Wynwood neighborhoods will be able to have a wide range of fresh produce, pantry staples, household goods and more delivered from Publix in as fast as 15-minutes, whether it's early morning or...

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May 6 9:55 AM, General News


JBS Hires New Sustainability Officer in Brazil

Having worked for the World Wildlife Fund (WWF) in Washington DC as Senior Director for the Beef and Leather Supply Chain, Maurício S. Bauer is taking up the position of Corporate Sustainability Officer of JBS Brazil with the aim of carrying out the sustainability strategy in Brazil in line with the Company's global targets.

Maurício has headed up projects in partnerships with the third sector, the private sector and universities, with the emphasis on strategies and solutions for the sustainable production of farm commodities, improvements to processes, innovation and technology. He will...

 

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May 6 9:32 AM, General News


Giant Food Welcomes Brian Wanner as New Vice President of Human Resources

Giant Food, the leading greater Washington D.C. regional grocery chain, today announces that Brian Wanner will join the company as Vice President of Human Resources effective May 9, 2022. In his new role, Wanner will be responsible for leading end-to-end human resources functions, including spearheading the development and evolution of a human resources strategy that continues to foster a culture of inclusion, learning and engagement.

Previously Wanner served as the Director of Talent & Culture for The GIANT Company, another Ahold Delhaize brand. Wanner's two decades...

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May 6 9:26 AM, General News


Breakfast Bundle Deal from Natural Grocers®

Just in time for Mother's Day, shoppers in Springfield, MO, can stock up on breakfast staples at Natural Grocers®, with a delicious "$5 Breakfast Bundle" deal.

Moms have a special place at Natural Grocers. After all, the leading family-operated organic and natural grocery retailer in the U.S. was co-founded by Margaret Isely – a nurturing, passionate, progressive mother, mother-in-law, grandmother and great grandmother. Natural Grocers invites customers to come in and save on ways to pamper moms and celebrate with family.

BUY BACON & EGGS: GET THE PANCAKES FREE...

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May 6 8:53 AM, General News


Meijer Redirects More Than 1M Pounds of Food Waste Through Flashfood Program

Meijer announced today its customers have diverted more than 1 million pounds of potential food waste through its Flashfood sustainability initiative.

Since the program's expansion across the Meijer footprint in 2021, customers have purchased more than 1 million pounds of food nearing its sell-by date at a discount, preventing it from potentially entering landfills. The initiative represents the retailer's commitment to offering both sustainability and value to its customers.

"We're pleased to see that customers are taking advantage of the Flashfood program," said Todd Weer...

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May 6 8:47 AM, General News


Canadian Restaurants Enjoyed A Robust Return of Customers in the First Quarter

Full service restaurants benefitted from the pent-up demand to dine out

The Canadian foodservice industry continued to show promising recovery in the first quarter of 2022 compared to last year’s same quarter, reports The NPD Group. Physical and online visits to restaurants and commercial foodservice outlets increased by 18% in the first quarter compared to the same quarter last year, when traffic declined by 9% due to indoor dining restrictions. Consumer spending in the quarter grew by 27% compared to a year ago when spending declined by...

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May 6 8:19 AM, General News


Beef Export Value Sets Another Record; Pork Exports Improve but Remain Below Last Year’s Total

U.S. beef exports soared to another new value record in March, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). March pork exports were the largest so far this year but well below the record-large totals posted in March 2021. Lamb exports continued to gain momentum in March, reaching the third largest monthly volume on record and the highest value in nearly eight years.

Beef exports totaled 126,285 metric tons (mt) in March, up 1% from a...

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May 6 8:09 AM, General News


Retailers Say Small Businesses Are Hardest Hit by Rising Credit Card Swipe Fees

The National Retail Federation and a group of small retailers told Congress today small businesses are the hardest hit by high credit card “swipe” fees that are driving up inflation and that they want to see more competition in the payments market.

“Ongoing and unwarranted increases in swipe fees are especially damaging to small retailers,” NRF Chief Administrative Officer and General Counsel Stephanie Martz said. “We have heard many stories from small retailers about the extreme challenges posed by the current payments system and Visa and..."

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May 5 8:00 PM, General News


President Biden Announces Major Hunger, Nutrition and Health Conference Set for September

For the first time in over half a century, the White House will host a Conference on Hunger, Nutrition and Health in September 2022.

The Conference will focus on ending hunger, improving nutrition and physical activity, reducing diet-related disease and closing the disparities around them, the White House announced in a video on May 4.

The Biden-Harris Administration set a goal of ending hunger and boosting healthy eating and physical activity in the U.S. by 2030 so that fewer Americans experience diet-related diseases, such...

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May 5 10:07 AM, SeafoodNews


Papa John’s International Announces First Quarter 2022 Financial Results

Papa John’s International, Inc. today announced financial results for the first quarter ended March 27, 2022.

First quarter 2022 highlights compared to first quarter of 2021

- Total company revenues increased 6.0% to $542.7 million; global system-wide restaurant sales of $1.3 billion, up 5.3% (excluding the impact of foreign currency)
- Comparable sales up 1.9% in North America and 0.8% Internationally, lapping prior year gains of 26.2% and 23.2%, respectively
- 62 net unit openings driven by accelerating development activity and growing pipeline, especially Internationally...

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May 5 9:25 AM, General News


This Week in Retail: Protein Features Spring to Life in May

May has finally arrived, sparking spring fever among consumers and retailers alike. With warmer weather beginning to arrive for parts of the country, retailers will increasingly showcase grilling campaigns for the upcoming summer season. 

The month of May hosts several retail occasions that typically heighten store traffic and sales. Baseball season is underway, leading to increased consumption both inside and outside the stadium of hot dogs, burgers, beers, and more.

The National Hog Dog and Sausage Council (NHDSC) estimates that MLB fans will consume 19.1 million hot dogs and nearly five million sausages at games this season. Fans are returning to stadiums at maximum capacity this season for the first time since 2019...

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May 5 8:00 AM, UB Newswires


Weis Markets Reports First Quarter 2022 Results

Weis Markets, Inc. today reported its financial results for the 13-week first quarter ended March 26, 2022.

"We continued to build on our momentum in the first quarter, when we generated strong comparable store sales and net income increases. Despite significant inflationary pressures, we were able to maintain stable gross profit margins and effectively manage expenses," said Weis Markets' Chairman, President and CEO Jonathan H. Weis. "These results reflect the hard work and dedication of associates at every level of our company. They have helped us navigate the challenges of a..."

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May 5 8:00 AM, General News


Firehouse Subs® Thanks Guests by Name with the Return of Fan-Favorite" "Name of the Day" Offer

WHAT
To show appreciation and thank loyal guests by name, Firehouse Subs announces the return of its fan-favorite Name of the Day offer for a very limited time, which started yesterday, May 4, 2022.

Name of the Day consists of Firehouse Subs choosing a different first name each day, and on that day, guests with the same first name can show their photo ID at any participating restaurant for a free medium sub with any purchase.* The name of the day...

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May 5 8:00 AM, General News


Kroger Announces Second Year of Go Fresh & Local Supplier Accelerator

America's largest grocery retailer, The Kroger Co. today announced the second year of its groundbreaking Go Fresh & Local Supplier Accelerator, a program designed to enhance and accelerate the selection of local items sold in the Kroger Family of Companies. The program provides a pathway to entry for local businesses of all sizes by allowing American-based growers and producers the chance to work directly with the retailer. Through the Supplier Accelerator, Kroger is continuing to expand its fresh departments – including produce, deli, bakery, meat, seafood, dairy, specialty cheeses, and...

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May 5 8:00 AM, General News


Russia Given Authority to Halt Exports Under Executive Order Signed by Putin

On Tuesday, Russian President Vladimir Putin signed an Executive Order allowing Russia to halt exports and eliminate existing contracts for individuals on a forthcoming sanctions list.

Putin has ordered the Russian government to compile a list of sanctions against foreign individuals and companies over the next 10 days. 

The Executive Order was signed "to protect the national interests of the Russian Federation in response to unfriendly actions, which contradict international law, undertaken by the U.S., and joined by other foreign states and international organizations," according to a statement on Russia's presidential... 

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May 4 9:45 AM, UB Newswires


California Pizza Kitchen Celebrates Moms with the Return of Heart-Shaped Pizzas and Gift Cards

There are many ways to recognize mom or a motherly figure this year and California Pizza Kitchen (CPK), a global restaurant brand dedicated to serving creative California cuisine, is serving up more than one way to help you show her how much she’s appreciated this Mother’s Day.

Available for dine-in only on Sunday, May 8, guests can order any of their favorite CPK pizzas on heart-shaped crispy thin crust for no additional charge and any guest who dines on Saturday, May 7 and...

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May 4 9:26 AM, General News


Yum! Brands Reports First-Quarter Results

Yum! Brands, Inc. today reported results for the first quarter ended March 31, 2022. Worldwide system sales excluding foreign currency translation grew 8%, with 6% unit growth and 3% same-store sales growth. First quarter GAAP EPS was $1.36, an increase of 27% year-over-year. First quarter EPS excluding Special Items was $1.05, a decrease of (1)% year-over-year.

DAVID GIBBS COMMENTS

David Gibbs, CEO, said “Our system sales grew 8% despite the difficult operating environment, a testament to the demand for our iconic brands and the unmatched operating...

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May 4 9:05 AM, General News


NRF Says Economy Should Continue ‘Bustling Forward’ as Fed Works to Bring Inflation Under Control

The economy’s fast-paced growth could slow somewhat as the Federal Reserve tries to bring inflation under control in the next few months, but consumers are likely to keep on shopping as lower inflation eases uncertainty, National Retail Federation Chief Economist Jack Kleinhenz said today.

“The Fed’s tightening has kicked off a new cycle of adjustment and the outlook for interest rates has consequences for consumers and businesses alike,” Kleinhenz said. “There is a growing list of uncertainties, and the risks are mounting. But underlying..."

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May 4 8:36 AM, General News


Wingstop Inc. Reports Fiscal First Quarter Financial Results

Wingstop Inc. today announced financial results for the fiscal first quarter ended March 26, 2022.

Highlights for the fiscal first quarter 2022 compared to the fiscal first quarter 2021:

- System-wide sales increased 12.7% to $630.0 million
- 60 net new openings in the fiscal first quarter 2022, an increase of 13.4%
- Domestic same-store sales increased 1.2%
- Three-year domestic same-store sales increased 31.8%
- Domestic restaurant AUV increased to $1.6 million
- Digital sales were 62.3% of sales, comparable to the prior fiscal first quarter...

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May 4 8:22 AM, General News


Executive Conference Keynote: “We are on a mission to transform the meat industry…”

ButcherBox Founder and CEO Mike Salguero wowed the crowd at the 2022 Executive Conference at the Bellagio in Las Vegas. His entrepreneurial spirit and cutting-edge ideas provoked thought and stimulated creativity to industry members looking to innovate and keep up with consumer trends.

Salguero founded ButcherBox in 2015 after struggling to find clean-label meat for his wife who was diagnosed with an auto-immune disease.

At the time, the concept of meat delivery was already in play by a few companies, but ButcherBox wanted to take it a step further.

“We did things the industry said wouldn’t work..."

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May 4 8:02 AM, Urner Barry


Urner Barry Presents Annual Industry Awards

The 46th annual Executive Conference is underway at The Bellagio in Las Vegas. Urner Barry is proud to host industry executives from far and wide once again in 2022. Day one kicked off with opening remarks from Urner Barry Vice President Russ Whitman, followed by a keynote address from ButcherBox Founder and CEO, Mike Salguero.

Each year, Urner Barry recognizes individuals for their work and service to the industry. In 2022, Urner Barry dubbed a Poultry Person of the Year, along with a Lifetime Achievement Award.

The Lifetime Achievement Award was bestowed upon late industry icon, Henry Kuhl. His family was in attendance at the event to accept the award in an emotional tribute...

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May 4 8:00 AM, Urner Barry


Nathan's Famous Launches New Spicy Asian Barbecue and Slaw Menu Items

Nathan's Famous, the American tradition serving New York favorites for more than 100 years, announces the launch of its newest limited time only menu items, Spicy Asian Barbecue and Slaw with Kogi Sticky Spicy Wing Sauce. The menu items, now available through June 25, include the Spicy Asian BBQ Chicken Sandwich, Spicy Asian BBQ Slaw-Topped Hot Dog, Spicy Asian BBQ Chicken Tenders, Spicy Asian BBQ Chicken Wings, and Spicy Asian BBQ Chicken Fries & Slaw.

"We continue to expand our menu based on our customers' feedback and preferences, and..."

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May 3 9:22 AM, General News


Grubhub Launches Pay Card for Corporate Clients to Enhance Order Flexibility

Grubhub, a leading U.S. food-ordering and delivery marketplace, today announced it will be offering a corporate pay card to help drive orders to local restaurants and increase order flexibility for in-office and at-home employees. The new Grubhub Pay Card will allow employees working for companies that have a Grubhub Corporate Account to order on and off the Grubhub Marketplace with their allocated line of credit, meaning they can use it at any restaurant that takes debit and credit card payment.

With a Grubhub Corporate Account...

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May 3 9:18 AM, General News


Restaurant Brands International Inc. Reports First Quarter 2022 Results 

First quarter system-wide sales grew 14% year-over-year, up nearly $1 billion year-over-year

Global comparable sales growth of 8% driven by over 10% at Tim Hortons Canada and over 20% at Burger King International

Home market digital sales reach their highest levels ever as a percentage of system-wide sales

Record number of first quarter restaurant openings, led by multi-brand international growth and Popeyes in the US

Over $400 million of capital returned to shareholders in Q1 through dividends and share buybacks...

 

 

 

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May 3 8:13 AM, General News


Publix Reports First Quarter 2022 Results and Stock Price

Publix’s sales for the three months ended March 26, 2022 were $13.2 billion, a 13.5% increase from $11.7 billion in 2021. Comparable store sales for the three months ended March 26, 2022 increased 11.7%.

Net earnings for the three months ended March 26, 2022 were $618 million, compared to $1.5 billion in 2021, a decrease of 58.7%. Earnings per share for the three months ended March 26, 2022 decreased to $0.90 per share, down from $2.16 per share in 2021. Excluding the impact of net...

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May 3 8:00 AM, General News


Ukraine Formally Closes Four Seaports Under Russian Control 

In a statement released on May 2, Ukraine’s Agriculture Ministry said the country has closed the four seaports of Berdyansk, Mariupol, Skadovsk, and Kherson "until Ukraine regains control” over them.

The ministry explained that the closures have been caused by the “inability to service ships and passengers, cargo, transport, and other related economic activities so as to ensure an adequate level of shipping safety and compliance with international treaties”.

Following Russia's invasion of Ukraine in late February, Russian forces had captured or blockaded some ports, forcing all Ukrakina seaports to indefinitely halt their activities. 

Ukraine is a major exporter of agricultural commodities including grains and vegetable oils. Prior to the conflict, most of Ukraine’s exports were shipped via sea but have since been rerouted to export by train or by its Danube river ports.

On Monday, Ukrainian President Volodymyr Zelenskyy warned that Ukraine could lose tens of millions of tons of grain due to the Russian-controlled Black Sea shipping lanes...

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May 2 10:00 AM, UB Newswires


Where's The Bacon? Wendy's Launches Breakfast Nationwide in Canada Today

Today is the day morning routines change forever with Wendy's® craveable breakfast menu launching nationwide in Canada, served from 6:30 a.m. to 10:30 a.m.* To celebrate the launch, Wendy's is giving customers one less reason to hit snooze with a FREE hot cup of their soon-to-be favourite coffee all day long at participating locations through May 29.** Customers will not want to miss out because for the first time ever, Wendy's is serving a new signature medium-roast coffee blend uniquely crafted for Canadian customers...

 

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May 2 9:44 AM, General News


Chipotle Tests Garlic Guajillo Steak in Select Markets

Chipotle Mexican Grill today announced it is testing Garlic Guajillo Steak at 102 participating restaurants in Denver, Indianapolis, and Orange County, Calif., starting tomorrow, May 3, for a limited time. The brand is also offering a $0 delivery fee with promo code DELIVER at U.S. restaurants from May 2 through May 6.

A New Way to Experience Steak at Chipotle

Building upon the brand's recent success with menu innovations including Smoked Brisket and Pollo Asado, Chipotle is testing a bold new flavor of steak in select markets. Garlic Guajillo Steak features...

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May 2 9:11 AM, General News


Marlene Gordon Joins Panera Bread & Panera Brands 

Panera announced the appointment of Marlene M. Gordon as Senior Vice President, Chief Legal Officer & Secretary effective May 2.

With over 20 years of industry experience, Gordon joins Panera from Fresh Del Monte Produce Inc., where she most recently served as Senior Vice President, Chief Administrative Officer, General Counsel and Secretary. During her tenure at Fresh Del Monte Produce, Inc., the global food company, Marlene was a member of the company’s Global Leadership Team, where she led legal, corporate communications and people strategies to best support the company’s short and long-term business...

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May 2 9:06 AM, General News


USDA Data Reveal: Cattle Sale Revenues Grew 16% in 2021

Following two Congressional hearings on the beef and cattle markets largely focused on prices producers receive for their cattle, the North American Meat Institute (Meat Institute) today said the latest USDA annual report on livestock income clears up misconceptions about the state of cattle markets and shows cash receipts for the sale of cattle and calves increased 16 percent, from $63.1 billion in 2020 to $72.9 billion in 2021.

“As our members said in their testimony, prices are improving for cattle producers due to supply and demand reflecting..."

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May 2 8:25 AM, General News


Smithfield Foods' Tar Heel Senior Operations Manager Receives 2022 STEP Ahead Award

Smithfield Foods, Inc. is pleased to announce Tammy Russ, senior operations manager of the company's Tar Heel facility in North Carolina, has been named a 2022 STEP Ahead honoree by The Manufacturing Institute.

The institute is the workforce development and education partner of the National Association of Manufacturers and seeks to build and inspire the next generation of female leaders in manufacturing – from the factory floor to the C-suite – through its STEP (Science, Technology, Engineering and Production) Ahead Awards. The program annually recognizes the outstanding accomplishments of...

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May 2 8:00 AM, General News


Zaxby's offers free Boneless Wings Meal for Teachers and Nurses Appreciation Week

Zaxby's, a premium quick-service restaurant known for its Chicken Fingerz™, wings and signature sauces, is celebrating National Teachers and Nurses Appreciation Week with a special 'Buy One, Get One' Boneless Wings Meal offer valid all day long on May 3, while supplies last. Zaxby's Boneless Wings Meal features five, tender, tasty boneless wings tossed in one of nine different sauces and is served with Texas Toast, crinkle fries and Ranch sauce.

Earlier this year Zaxby's introduced its new Buffalo Garlic Blaze...

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Apr 29 9:06 AM, General News


Meat Institute to House Ag Chair Scott: Packer Margins Since 2015 Due to Increased Herd Size

The North American Meat Institute (Meat Institute) today answered questions asked of meat and poultry industry companies by House Agriculture Committee Chairman David Scott during a hearing on beef and cattle markets:

“The analysis of beef and cattle market margins from 2015 are not in dispute,” said Julie Anna Potts, President and CEO of the Meat Institute. “Cattle prices hit record highs in 2014 and 2015, when the overall cattle herd was at its smallest since 1952 (for context, that was during the Truman...

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Apr 29 9:00 AM, General News


Meat Institute to House Ag: More to Beef & Cattle Markets than Packers & Producers

The North American Meat Institute (Meat Institute) today said the beef and cattle markets are complex, driven by supply and demand and have more participants than packers and producers who add value at each step in production.

“Too often, the policy debate around the cattle and beef industry is an overly-simplified discussion limited to cattle producers versus beef packers. It is imperative policy makers remember: packers don’t buy fed cattle from cow-calf producers; nor do packers sell beef to consumers,” said Julie Anna Potts, President...

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Apr 29 8:54 AM, General News


White Castle Surpasses 28 Billion Burgers Sold Since Founding in 1921

May is National Hamburger Month, and White Castle has a lot to celebrate. Besides being the first fast-food hamburger chain in the U.S. and the pioneer of the smaller-sized burger that ultimately became known as The Original Slider, the 101-year-old family-owned business has recently reached a significant milestone: all-time sales of its burgers — The Original Slider and Cheese Slider — have surpassed 28 billion. That includes 22 billion sliders sold in restaurants and another 6 billion sold through the company's retail division...

 

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Apr 29 8:12 AM, General News


US Restaurant Industry Ends Challenging First Quarter with Customer Traffic Down from A Year Ago

In the first quarter of 2021, the third round of stimulus payments, availability of COVID vaccines and relaxed pandemic restrictions helped increase online and physical visits to U.S. restaurants by 3% compared to the same period a year before, according to The NPD Group. The first quarter of 2022, in contrast, presented a host of headwinds, including higher food and energy costs, for restaurant consumers and restaurants. Challenged by these headwinds and compared to a 3% gain in last year’s first quarter, online and physical...

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Apr 29 7:52 AM, General News


This Week in Retail: Roast Features Make Room for Grilling Ads

Although some portions of the country are still experiencing cool weather and even snow, various grilling cuts are beginning to surface in circulars as consumers dust off their grills—despite being a month away from the unofficial Memorial Day kickstart to summer.

For grocers, the seasonal uptick in demand typically boosts sales for items like loins, butts, and ribs over the next few weeks as warmer weather drives increased outdoor activity.

In the meantime, retailers are preparing for the next retail occasion—Cinco de Mayo. The approaching celebration could increase store traffic as shoppers stock up on pork, beef, and chicken for tacos, burritos, enchiladas, and beyond...

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Apr 28 8:50 AM, UB Newswires







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Foodmarket, a specialized media offering from Urner Barry, is the premier source of market news for the food industry.

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