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Industry Roundup |
Cups
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Canadian QSR brand New York Fries departs from fountain drink cups that require a plastic lid; new compostable and biodegradable paper cup from SOFi Products has four folds that combine to create a spill-proof, built-in lid that does not require a straw
CNW Group Ltd. (04/29)
Packaging Design Wrap-Up: TikTok beauty influencer reveals additional product hidden inside packaging; fitness chain’s April Fools’ joke uses packaging as workout equipment; Fireball launches custom hats for Kentucky Derby that hide bottles and nips
Industry Intelligence Inc. (04/26)
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Reusable / Refillable / Storage Containers
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Heineken Mexico CEO says company will partly focus its investment strategy this year on a packaging plant in Meoqui, which will manufacture returnable glass
CE Noticias Financieras (Latin America) (04/29)
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Coffee Shops & Juice Bars
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Saudi Arabian foodservice market size valued at US$29.16B in 2023, says Fortune Business Insights; market is projected to grow from US$31.69B in 2024 to US$61.77B by 2032, exhibiting a CAGR of 8.7% during the forecast period
Fortune Business Insights (04/26)
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Quick Service Restaurants (QSR)
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Yum China Reports First Quarter Results
PR Newswire (04/29)
Arby’s announces limited-time offering of three new Chicken Wraps: Honey Mustard Chicken, Ranch Chicken Wrap and BBQ Chicken
Chew Boom (04/29)
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Fast-Casual Restaurants
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Chipotle announces closure of its ghost kitchen concept Farmesa just over one year after its launch; the concept was introduced in February 2023 and operated out of its partner Kitchen United's Santa Monica location in California
MarketLine (04/29)
Chipotle to pay US$2.9M to Seattle restaurant employees in a recent settlement over alleged labor violations, including violations of shift changes and sick time regulations
From Frugal To Free (04/29)
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Casual Dining Restaurants
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Chili's announces new additions to its 3 For Me menu, including a Crispy Chicken sandwich and the Big Smasher Burger; the latter marks the casual dining chain's first new burger in three years
PR Newswire (04/29)
The Cheesecake Factory Celebrates Moms With Sweet Online Gift Card Offer
The Cheesecake Factory Inc. (04/29)
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Bakery / Baked Goods
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General Mills' Fiber One brand announces US launch of new Fiber One Donuts, available at Walmart and Kroger stores in two flavors: Chocolate, and Strawberries and Creme
Chew Boom (04/29)
Confectionery Roundup: Oreos and Sour Patch Kids join forces; Rice Krispies Treats makes its most requested flavor a reality; and Girl Scouts diversify by selling muffins (in a matter of speaking)
Industry Intelligence Inc. (04/29)
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Coffee
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Keurig Dr Pepper is seeking to emphasize the 'value' of its US coffee products as it looks to stem declining US coffee sales, says CEO Tim Cofer
MarketLine (04/29)
Nestle unveils plans to introduce Nespresso to the Indian market, outlining on its official website that company is planning to leverage e-commerce channels to make Nespresso accessible across the country
Best Media Info (India) (04/26)
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Pizzas
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Morgan Stanley expects ice cream to be most affected food category in light of GLP-1 drugs' popularity, with 5.3% dip in consumption by 2035; cakes, cookies, candies, chocolates, frozen pizzas, chips and regular sodas could fall by over 4% in this time
Green Queen (04/26)
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Fries & Hot Sides
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Qdoba announces limited-time debut of new Mexican Street Corn, featuring a combination of sweet corn, poblano chiles, red bell peppers, creamy elote sauce, and a splash of lime juice
Chew Boom (04/29)
Church’s Chicken offers announces limited-time offering of the new Cheddapeño Biscuit, featuring a Honey-Butter Biscuit with diced jalapeños and cheddar cheese baked in
Chew Boom (04/26)
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Fruits, Vegetables & Salads
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China to lift its ban on the import of several agricultural and fishery products from Taiwan, based on scientific assessments, government official says
Asian News International (04/29)
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Ice Cream / Frozen Treats
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Unilever reaffirms that a spin-off of its ice cream remains the most likely scenario, and that separation of the business has begun and is expected to be completed by the end of 2025
Food Business News (04/29)
Habit Burger Grill announces limited-time return of its Cinnamon Toast Crunch Shake, featuring vanilla ice cream blended with Cinnamon Toast Crunch cereal and finished with a topping of whipped cream and pieces of the cereal
Chew Boom (04/26)
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Savory Snacks
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US consumers are finding more ways to eat their favorite snacks, as younger shoppers increasingly turn to quick service restaurants for a convenient option for in-between meal occasions, according to Circana's annual snack report
FoodNavigator.com (04/29)
With a larger snacking portfolio, Campbell Soup realizing there is more it can do regarding innovation, with Goldfish crackers among the first snacking brands to get a closer look, says Craig Slavtcheff, chief R&D and innovation officer
Food Dive (04/29)
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Confectionery & Sweet Snacks
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Ferrero's Keebler brand announces launch of its new Sandies Oatmeal Raisin cookies, featuring a combination of buttery shortbread with oats and sweet raisins
Chew Boom (04/29)
McKee Foods' Little Debbie brand announces offering of new Little Debbie Birthday Cake Creme Pies, featuring candy confetti atop white icing
Chew Boom (04/29)
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Foodservice Channel
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Elior North America releases second annual Social & Environmental Responsibility Report, highlights include: food waste cut by an average of 49%, up from 35% last year; 30% of entrees in new programs are now plant-based, with goal of 50% by 2025
Elior Group (04/26)
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Hospitality / Lodging Channel
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Aramark Declares Quarterly Dividend
Aramark Corp. (04/29)
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On-Demand Local Delivery
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Walmart launches drone delivery at locations in North Richland Hills and Tarrant Parkway, Texas; company aims to cover 75% of the Dallas-Fort Worth population, which spans 30 towns, with drone service
Supermarket News (04/29)
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Payment Systems
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Giant Eagle now accepts SNAP benefits via partnership with Flashfood app; Flashfood's service, which offers deals on food nearing their best-by dates, has prevented 3.8 million pounds of food waste from Giant Eagle since 2022 rollout
Supermarket News (04/26)
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Single-Use
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Mutual fund Green Century convinces Costco, Disney, Marriott, Hilton, Mattel, Hasbro and Choice Hotels to commit to reducing single-use plastic through shareholder advocacy; efforts aided by PIRG, Environment America and Environmental Action
Targeted News Service (Press Releases) (04/26)
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Restaurants
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Zacks: Domino's Pizza Q1 earnings and revenues exceed Zacks Consensus Estimate and improved year-over-year; solid growth in US backed by positive order counts in carryout and delivery segments, while updated loyalty program also contributed positively
Zacks Investment Research (04/29)
Domino's Pizza's loyalty program is synergistic with other elements of the company’s previously announced 'Hungry for More' strategy for 2024, including menu innovation, says CEO Russell Weiner
Nation's Restaurant News (04/29)
Domino's Pizza reports Q1 net income of US$125.8M, up 20.1% from year-ago period, as revenue rises 5.9% to US$1.02B
Nation's Restaurant News (04/29)
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Stock
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Latest: Apr, 29 2024
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Latest Value |
Prev |
Chg |
YOY Chg |
Watchlist |
Chipotle Mexican Grill (CMG)
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3,209.47
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3,186.97
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0.71%
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55.23%
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Domino's Pizza (DPZ)
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527.13
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499.07
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5.62%
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66.04%
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Dunkin Brands Group Inc (DNKN)
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106.48
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106.48
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0.00%
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0.00%
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Jack In The Box (JACK)
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57.99
|
58.79
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-1.36%
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-37.44%
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McDonald's Corp (MCD)
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273.55
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273.09
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0.17%
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-7.51%
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Panera Bread Co (PNRA)
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314.93
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314.93
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0.00%
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0.00%
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Papa Johns International Inc (PZZA)
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62.65
|
63.10
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-0.71%
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-16.23%
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Restaurant Brands International (QSR)
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73.84
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73.82
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0.03%
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5.29%
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Starbucks Corp (SBUX)
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88.33
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88.25
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0.09%
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-22.71%
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Yum! Brands, Inc (YUM)
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143.19
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141.77
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1.00%
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1.86%
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