The pressure-cooker environment of the pandemic continues to compel operators to cook up innovative ways to drive business forward. Pent-up demand for on-site dining paired with robust off-premises capabilities developed throughout the pandemic is a recipe for success that’s feeding the bottom line well these days.
Foodservice is in a state of perpetual flux, as pandemic-propelled innovation continues to drive the industry in new directions—both off-premises and on.
The chicken sandwich wars have catapulted a menu staple to new heights of popularity and profitability. America’s insatiable appetite for chicken sandwich variations and a young market hungry for bold new taste adventures have dovetailed to create sky-high demand for chicken innovation. As a result, the stakes for quick-service chains clawing their way up the pecking order of chicken sandwich concepts continues to rise.
In 2020, the foodservice industry experienced its sharpest sales decline in history, due in part to the COVID-19 pandemic.
Signs indicate sales are on the rise within the sector. However, ongoing labor shortages may be preventing some operators from reaching their pre-pandemic volume level.
Turnover rates have reached 144% at limited-service establishments and 106% at full-service restaurants—which are operating with six fewer employees in the back of the house and roughly three less front-of-house workers than in 2019.
Topics: Technology, Noncommercial, Promotions, Family Restaurant, Business & Industry, Healthcare, Commercial, Casual Dining Restaurant, Grab-and-Go, Labor, Foodservice Industry, Menu, Customer Experience, Menu Strategy, Retail, Sales & Profitability, Recruitment & Retention, COVID-19, Coronavirus, Off-Premises, Limited Time Offers (LTOs), Prepackaged, Digital/Online Ordering, Touchless, On-Premises, Foodservice, Workplace, Contactless Payments
Snacks continue to evolve far beyond the occasional treat—and sales have been sweet. In fact, over the past two years, the snackification of consumers’ eating behavior has become so widespread, snacking now accounts for 48% of all eating and drinking occasions, according to the market research firm The Hartman Group.1