CEO Aman Narang said the company grew too quickly as it raced to meet demand. The cuts are intended to lower its operating costs. Restaurant tech supplier Toast on Thursday laid off 550 workers, or about 10% of its staff, in a restructuring intended to lower operating costs. In a call with analysts, CEO Aman… read more
Global Foodservice News
Bloomin’ Brands to close 41 restaurants and open up to 45 more
The owner of Outback Steakhouse is pruning older, struggling stores in favor of new ones that generate better returns. The parent of Outback Steakhouse and other casual brands is closing 41 underperforming restaurants but plans to offset those closures by opening as many as 45 more this year. All but two of the closures will… read more
Red Lobster’s owner ‘not expecting much’ from sale
The struggling seafood chain lost more than $22 million last year, said Thai Union Group, which is looking to offload the brand. The owner of Red Lobster is still looking for a buyer for the struggling seafood chain, and it’s keeping its expectations low. “We’re not expecting to get anything much from the sale,” Thai… read more
Wendy’s new CEO hits the ground running
Kirk Tanner announced $100 million worth of investments in breakfast marketing and digital upgrades in a bid to kick-start the fast-food chain’s growth. Kirk Tanner is apparently not easing into his new job. The former PepsiCo executive, who was somewhat surprisingly tapped to become Wendy’s CEO last month, announced $100 million worth of investments in… read more
Key Drivers Behind a Booming Cleaning Chemicals Market
According to findings from Research and Markets, the U.S. cleaning chemical products market is expected to grow from 2023-2028 due to several factors. These include a growing hygienic awareness among individuals and the rising incidents of various viral infections across the country, especially after the COVID-19 outbreak. The pandemic has raised awareness about the importance… read more
Sodexo, AstraZeneca Agree to Extension
Sodexo reinforced its contract of Food and Facilities Management Services with AstraZeneca in the UK, Sweden, Denmark, Finland, and Norway for a further 5-year period. Sodexo and AstraZeneca have built a trusting relationship over the years, with significant advances implemented to improve the daily lives of consumers. The collaboration between Sodexo and AstraZeneca began in… read more
Facts About Energy Use and The Paper Industry
Advancing Sustainability Through Energy Efficiency The paper industry plays a vital role in our daily lives. Paper is all around us in our homes, schools and offices. It’s a product to feel good about because the industry has taken steps to advance sustainability through energy efficiency. Understanding Energy Consumption in the Paper Industry Purchased energy… read more
Food Safety and Quality Considerations in the Production of Plant-Based Meat Alternatives
Each step during manufacturing and distribution introduces potential challenges and opportunities for maintaining food safety and quality of plant-based meat products February 13, 2024 Consumer interest in plant-based foods has increased rapidly in the past decade. This growth is not solely driven by increased rates of vegan and vegetarian diets in the population. Rather, consumer… read more
Chipotle Tests Food Automation System for Burrito Bowls, Salads
The restaurant chain has partnered with Hyphen to deploy robot-automated back-of-house food preparation Chipotle is testing a new automated system for building burrito bowls and salads at its Cultivate Center in Irvine, California, in collaboration with foodservice automation company Hyphen. Hyphen will provide its robotic automated food service platform, a conveyor belt-like system that dispenses… read more
Ice Air sponsors thermal energy network symposium
Ice Air, provider of HVAC solutions, announced its sponsorship of the upcoming Thermal Energy Network Symposium, scheduled to take place on March 12, 2024 in Rochester, Minnesota. The event will bring together government officials, city managers, legislators, developers, architects, engineers and other stakeholders to explore Thermal Energy Networks. Also known as district energy systems, Thermal… read more