Let's Chat Snacks

Snack and React:  Snacking Soars, Family Dining Dips as Foodservice Industry Reinvents Itself

Let's Chat Snacks Posted on Jun 29, 2021 8:00:00 AM

 

Roiled by the pandemic, 2020 became the year of transformation for the foodservice industry. Regroup, reassess and reinvent have become the gotta-get-it-done directives for foodservice operators, topping the menu of must-dos for moving forward.

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Topics: Snacking, Trends, Family Restaurant, Takeout, Delivery, Foodservice Industry, Sales & Profitability, snacks, Operations, COVID-19, Coronavirus, Fast-Casual Restaurant, Off-Premises

Post-Pandemic Possibilities: A Plateful of Opportunities and Challenges

Let's Chat Snacks Posted on Jun 15, 2021 8:00:00 AM

The pandemic put a lot on the restaurant industry’s plate. Dine-in restrictions and shutdowns. Safety concerns. The seismic shift to off-premises channels. The rise of third-party delivery and fallout from delivery fees. The mad dash to digital integration and online and in-app ordering. It all added up to a perfect storm of unparalleled challenges, and everyone—from independent operators to major chains—scrambled for ways to weather it.

The impact of COVID-19 on the restaurant business has proved far greater than any prior recession, according to data from market research firm The NPD Group. In the third quarter of 2020, restaurant transactions dropped 27%,1 and foodservice operator spend was down 19%.Home cooking heated up last year, driving a 31% increase in sales growth for small kitchen appliances. Eighty-two percent of meals were sourced from home, and 70% of restaurant dinners were eaten at home.3

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Topics: Trends, Quick Service Restaurant, Delivery, Foodservice Industry, COVID-19, Coronavirus, Off-Premises, Third-Party Delivery (3PD)

The Future of Functional: A Smorgasbord of Snack Sales for Foodservice Operators

Let's Chat Snacks Posted on Jun 8, 2021 8:00:00 AM

Now that the pandemic has made well-being a top-of-mind concern for consumers, foodservice is sharpening its focus on nutrition and the functional benefits of better-for-you food options.

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Topics: Trends, Better-for-You, Foodservice Industry, Health & Wellness, COVID-19, Coronavirus

Pecking Order: Record Chicken Sales Lead to Shortage

Let's Chat Snacks Posted on Jun 1, 2021 8:00:00 AM

Chicken may have risen to the top of the pecking order in terms of consumer demand, thanks to the so-called “chicken sandwich wars.” But as restaurant operators are learning, the realities of demand and supply face a battle of their own. A drop in chicken processing and production due to the pandemic, combined with the growing popularity of chicken sandwiches at major fast food restaurants nationwide, has left operators scrambling to meet demand—and threatens to send sales into a tailspin.

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Topics: Trends, Menu, Menu Strategy, Sales & Profitability, Operations, quick service restaurants, COVID-19, Coronavirus

Stop and Grow: Big Chains Put Brakes on Waste, Boost Digital

Let's Chat Snacks Posted on May 25, 2021 8:00:00 AM

“Sustainable is attainable” seems to be the mantra of restaurant chains as waste reduction and earth-friendly innovation come to the foodservice forefront.

Consumers’ appetite for sustainability is strong. They not only want food that tastes good; they also want to feel good about the foodservice options they choose. And not only will they favor operations that step up to the sustainability plate; they’re also willing to pay more for sustainable solutions. As noted in Mondelēz International Foodservice’s 2021 Foodservice Trends: A Look at the Road Ahead report, sustainability is so important to surveyed consumers that they're willing to pay up to $2 more for eco-friendly packaging.1 Four in 10 consider such packaging important.1

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Topics: Technology, Trends, Foodservice Industry, Sustainability, Packaging, Sales & Profitability, Operations, COVID-19, Coronavirus, Sandwiches, Digital/Online Ordering

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Envision a Feast of Sales

See how you can leverage 2020’s top trends to help tailor your menu for today’s evolving tastes.
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