Executives at J.M. Smucker Co. believe the Orrville-based company has the blueprint in place for two $1 billion brands over the next five years: Uncrustables and Dunkin’. Since its debut 20 years ago, Uncrustables has been a steady performer for Smucker. Despite accounting for only 9% of the category in which it competes, Uncrustables drove… read more
Global Foodservice News
Family-dining restaurant to bring The Pancake Kitchen to 200 Locations by the End of 2022
After launching last October, Cracker Barrel is getting ready to double its investment in its virtual brand The Pancake Kitchen by expanding to 200 locations by the end of 2022, roughly doubling the count from the start of the year, the company announced. The delivery-only concept cooked in Cracker Barrel kitchens is meant to make… read more
Restaurant Associations ask IRS for Grace Time Because of Tax-Help
The National Restaurant Association and all 52 of its state-level affiliates have asked the Internal Revenue Service (IRS) to adjust its tax collection process for restaurants that have yet to receive the advance refunds promised to employers as a form of pandemic-related financial aid. The Employee Retention Tax Credit entitles companies whose operations were disrupted… read more
Global Foodservice News – February 15, 2022 Edition
The covid-19 pandemic caused huge disruption and a ripple effect of unintended consequences – and change – for foodservice More than two years ago the way in which the world’s population worked and lived changed forever. The coronavirus pandemic that began in China and began to spread rapidly, globally, was first identified as a “contagious… read more
Arby’s Parent Powers Growth of Emerging Taco Brand
Brendan Mauri was promoted to president of Rusty Taco just a few months after joining the brand as head of marketing. He describes it as both an interesting and challenging time. Interesting because the fast-casual was looking to fuel franchise growth, but challenging because those events took place during the early part of 2020, just… read more
Chick-fil-A Serves Up Most-Viewed QSR YouTube Ad Of 2021
Video ads for eight QSR chains—topped by Chick-fil-A—made up the list of the 10 most-viewed QSR spots on YouTube in 2021, according to digital ad-tech provider AcuityAds. With 71.3 million views, Chick-fil-A’s two-minute effort titled “The Whoopsery” was a Willy Wonka-style, an animated fairy tale that launched in November in the walkup to Christmas. While helping… read more
Papa Johns Warns Customers of Pandemic-Related Disruptions
Count Papa Johns as the latest chain to experience labor shortfalls because of the pandemic. The Louisville, Ky.-based pizza chain on Friday sent a letter from CEO Rob Lynch to its customers, warning them of closed stores, shortened hours or a lack of drivers because of the pandemic. “Thank you for being patient as we… read more
Beyond Meat Loses Some Early Restaurant Fans as Others Double Down
Even as Beyond Meat Inc. gains new deals to develop meatless menu items, enthusiasm is fading at some of the company’s earliest restaurant backers, raising questions about the staying power of plant-based meat. Almost three years after Del Taco Restaurants Inc. became one of the first major chains to sell Beyond’s plant-based protein products in… read more
Simplification
It’s a theme that runs through many of the go-forward initiatives for the Costa Mesa, Calif.-based grilled chicken chain. Roberts is also chief financial officer and stepped in after the resignation of Bernard Acoca in October while the board conducts a search. Acoca was named CEO of Zaxby’s. There’s no update on the permanent replacement at El Pollo… read more
Consumers, Restaurant Operators Feel the Pinch of Rising Prices
The U.S. inflation rate is at its highest point in 40 years, and basic commodities like gas and food have seen the highest rising prices. That’s causing a painful shift in the food industry that’s likely to be felt for some time. The stunning increase has made consumers hyper-aware of the pinch on their wallets,… read more