Global Foodservice News — March 1, 2024

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Foodservice Equipment & Supplies Parts Town Adds Another Maker’s Parts To Inventory With customers on six continents, the manufacturer says international reach was a decisive factor in the new distribution partnership. Parts Town is now the exclusive distributor of OEM parts for Frontline Int’l., a manufacturer of oil management equipment. “The international reach of Parts… read more

A DEEPER LOOK AT COFFEE REVIEW’S TOP 30 COFFEES OF 2023

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In 2023, Coffee Review blind-tasted more than 3,000 coffee samples from hundreds of leading roasting companies and coffee producers around the world. We ultimately published nearly 600 reviews on CoffeeReview.com over the course of the year. The Top 30 Coffees of 2023 is our editors’ ranking of the 30 most exciting of these coffees, representing… read more

Actual vs. theoretical food cost variance: Why does it matter?

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The culinary world is as much a science as it is an art, particularly when it comes to the mathematics of managing a successful restaurant. One key concept in the science of culinary management that can make or break a restaurant’s profitability is food cost variance. This metric offers crucial insights into the health of… read more

Diners are Trading Down: What It Means for Fast Casuals and Quick-Serves

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As diners face increased costs across categories, a recent report by InMarket found many are trading down—shifting from their casual and fast-casual food joints to quick-service restaurants to cut back on spending. Now more than ever, it’s essential for fast casuals and quick-serves alike to double down on their value proposition and ensure it bleeds… read more

Restaurants’ labor situation has improved, but it’s far from perfect

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The industry has regained workers, and more operators are likely to say they’re fully staffed. But labor is more expensive. Retention remains a key stressor. And jobs have moved. For Honeygrow, 2020 was one problem, with the pandemic wiping out much of its business for a time. But 2021 would prove to be altogether different…. read more

California bill would expand exemptions to the pending $20 fast-food wage

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A bill introduced in the California legislature would greatly increase the types of quick-service restaurants that will be exempted from paying fast-food workers a wage of at least $20 an hour starting April 1. The places excused from paying that much would include fast-food restaurants in casinos, airports, theme parks, hotels, sports arenas, convention centers,… read more

NYC is forming a watchdog agency to regulate delivery services

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New York City intends to further regulate the transport of restaurant meals to homes and offices by creating the nation’s first urban Department of Sustainable Delivery, Mayor Eric Adams revealed Wednesday in his annual State of the City Address. Talks are already underway with the City Council to launch the new watchdog agency, Adams revealed…. read more

Restaurant Industry Projected to Earn $125 Million Per Hour in 2024

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U.S. restaurant sales could surpass the 13-digit threshold for the first time in 2024, according to the National Restaurant Association’s annual State of the Industry report. Sales are expected to exceed $1.1 trillion this year, up more than 10 percent from the $997 billion originally forecasted for 2023. That growth will come in the face… read more

Couples tend to splurge on Valentine’s Day, spreading love to high-end restaurants

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Check averages go up on and around Feb. 14, but while guests may open their wallets for a pricey dinner, tips take a dip. Couples are generous about opening their wallets for pricey tasting menus and dinners on Valentine’s Day. But that generosity doesn’t extend to tipping. According to recent data from POS platform Lightspeed,… read more