Foodservice IP’s Blog
Don’t miss our expert perspectives on these hot industry topics:
When Will Foodservice Return to “Normal”?
Wall Street analysts recently announced that nearly all U.S. restaurants will be open again on July 4, 2021. Analysts and experts alike believe the foodservice industry is poised to benefit from a pent-up desire to dine out, which has been restricted because of the...
Happy Memorial Day! Then It’s Back to the Office, America.
This Memorial Day, we thought we would take a step back from our regular analysis of the U.S. foodservice industry and consider the broader perspective of many Americans returning to offices. After the last brat is burned on Monday evening and family you haven’t seen...
The Colonial Pipeline’s Effect on The Restaurant Industry
The past year has been a textbook case on risk mitigation. “We never in a million years thought this could happen,” could have been shouted from a mountain top in March 2020’s economic shutdown - and nearly all of us would have agreed. Not surprising, most...
How Labor Shortages Are Altering Operator Strategies
A Tampa Bay McDonald's (Photo: Dan Nunn) Restaurants across the U.S. are desperate to hire as outdoor dining season begins, indoor dining restrictions lift, and vaccination rates trend upwards. The problem is, workers are not returning. While the industry lost nearly...
Responding to Higher Food, Labor Costs in 2021
Recently, Philadelphia-based Marquis & Co. announced it would implement a $15 an hour minimum wage across all nine units in July, as reported by Nation’s Restaurant News. Marquis said the average minimum wage at HipCityVeg’s Philadelphia locations is currently...
Five Reasons Retail Prepared Foods Will Flourish in 2021 and Beyond
While the events of 2020 threw a wrench into society, the increased focus on investing in the perimeter of the grocery store - fresh prepared foods - is one of the most interesting growth areas for U.S. grocers. The lines of retail and foodservice have been blurring...
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