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Industry Roundup |
Bakery / Baked Goods
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Sam's Club touts sustainability achievements of its private-label products, including: sold 22.3 million pounds of Fair Trade Certified coffee in 2022; uses recycled polyester in apparel products; uses clamshells with up to 40% recycled plastic in bakery
Sam's Club (04/20)
Prices of Grupo Bimbo's boxed bread, toasted bread and flour tortillas rising in Mexican grocery stores by up to 28%, according to data from National Alliance of Small Retailers
CE Noticias Financieras (04/20)
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Breakfast Products
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Grupo Bimbo's venture capital arm Bimbo Ventures makes minority investment in Olyra Foods, a producer of organic and nutritional breakfast biscuits made with stone-milled ancient Greek grains
Food Dive (04/19)
Tim Hortons announces Canadian offering of new Everything Croissant Breakfast Sandwich, featuring eggs, bacon or sausage, and cheese on a croissant; company also offering new Everything Bagel Belt sandwich, featuring eggs, lettuce and tomato
Canada Newswire (04/19)
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Coffee
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European Parliament approves landmark deforestation law to ban imports into the EU of coffee, beef, soy and other commodities if they are linked to the destruction of the world's forests
MarketLine (04/20)
European Parliament adopts new law to fight deforestation, climate change, biodiversity loss; agricultural commodities, wood, paper among sectors covered by law, which requires companies to ensure products sold in EU have not led to forest degradation
European Parliament (04/20)
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Cold Drinks
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Nescafe announces launch of new Ice Roast, the brand's first-ever soluble coffee designed especially for consumption with cold water or milk, over ice; beverage launching in China this month, with Mexico to follow
Nestle SA (04/18)
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Confectionery & Sweet Snacks
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California Assembly’s Committee on Environmental Safety and Toxic Materials approves bill to ban five chemicals--brominated vegetable oil, potassium bromate, propylparaben, Red Dye No. 3, titanium dioxide--from candy, cereals, other processed food
Food Safety News (04/20)
Mars announces permanent offering of new M&M's Caramel Cold Brew flavor; Mars also launches campaign in connection with the new product featuring former spelling bee champion Snigdha Nandipati
PR Newswire (04/20)
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Fried & Cooked Chicken
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Papa Murphy's announces limited-time offering of Taco Grande Pizza, featuring a pizza topped with refried beans, taco spiced beef or chicken, tomatoes, onions, black olives, and mozzarella and cheddar cheeses
Nation's Restaurant News (04/20)
Hardee's announces limited-time offering of new BLT Hand-Breaded Chicken Sandwich, featuring hand-breaded chicken fillet topped with bacon, mayo, lettuce and tomato on a potato bun
Chew Boom (04/20)
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Fries & Hot Sides
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Wingstop announces limited-time offering of new Wingstop Hot Box, featuring choice of Wingstop Chicken Sandwich, eight-piece boneless or classic wings, or three-piece tenders, plus fries and a 20 oz. drink
Chew Boom (04/19)
Nathan’s Famous and Nextbite announce partnership to offer a delivery-only menu of hot dogs, burgers and crinkle cut fries through Nextbite’s restaurant partner network
Restaurant Dive (04/19)
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Fruits, Vegetables & Salads
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Researchers classify mango peel as an important agro-industrial waste that offers key health benefits; study provides overview of high-quality extraction of dietary fiber and polyphenols from mango peel, as well as their interaction with gut microflora
Food Bioscience (04/19)
Coca-Cola signs licensing agreement with Frutura, marking first time that Coca-Cola has licensed one of their brands for use within the fresh produce category; the deal allows Frutura to use Minute Maid and Simply brands on products in the US and Japan
Business Wire (04/19)
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Hot Drinks
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GlobalData: Health trend that's gaining traction in India is fueling demand for low-sugar, immunity-boosting hot drinks; as social media calls out sugar content in hot drinks, manufacturers are urged to meet consumer needs
GlobalData Plc (04/20)
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Hot Sandwiches, Wraps & Burgers
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Jack in the Box announces limited-time offering of new All American Ribeye Steakhouse Burgers, available in two varieties: All American Ribeye Steakhouse Burger and Bacon All American Ribeye Steakhouse Burger
Chew Boom (04/19)
Dairy Queen announces limited-time offering of new Backyard Bacon Ranch Signature Stackburger, featuring two beef patties, house-made Hidden Valley Ranch dressing, Honey BBQ sauce, onion rings, applewood-smoked bacon and melted white cheddar cheese
Chew Boom (04/19)
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Ice Cream / Frozen Treats
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Potbelly announces limited-time offering of Orange Cream Shake, featuring a milk shake spun with orange and sweet cream flavors
Potbelly Corp. (04/20)
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Savory Snacks
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Motley Fool names Dollar General ultimate recession-proof stock to buy; retailer's private brands could gain even more momentum in a recession, as it's boosting private-brand products to include candy, snacks, perishables, pet food, OTC healthcare items
The Motley Fool (04/18)
Fortune: Inflation catches up to US$45B convenience store industry, as consumer spending on impulse buys dip; to compensate for loss, store operators have overhauled their product assortment beyond candy and salty snacks to fresh food, private-label items
Fortune (04/18)
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Coffee Shops & Juice Bars
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Uber Eats and AI-powered robotics company Cartken expand partnership to include food deliveries via automated robots in Fairfax, Virginia; Uber and Cartken will begin operating with merchants at Mosaic District, a shopping and dining district
Business Wire (04/20)
Starbucks now offering its Oleato beverages--featuring arabica coffee infused with Partanna extra virgin olive oil--at more than 60 locations across Japan; the beverages debuted in Italy in February, and in select US cities in March
Business Wire (04/20)
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Quick Service Restaurants (QSR)
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KFC US announces hiring of Jonathan Ojany as CFO, effective May 1
Nation's Restaurant News (04/20)
Quorn to use Karakuri's automated kitchen solutions to make meat-free protein products in the UK for quick-service and fast-casual restaurants; Karakuri's kitchen automation solution can help bring consistency and reduce operational costs, Quorn says
MarketLine (04/19)
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Fast-Casual Restaurants
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Portillo's formally asks National Labor Relations Board to set aside a union election at a food production facility in Addison, Illinois, claiming illegal union conduct
Nation's Restaurant News (04/20)
Potbelly announces priority on refranchising in 2023, aiming for approximately 25% of its corporate locations to convert over next three years; company recently signed multi-unit deal for New York City, which calls for 13 new shops over next eight years
PR Newswire (04/20)
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Casual Dining Restaurants
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Over 45% of US consumers say they aren't comfortable using QR codes via their mobile phones to view menus, order and pay, according to William Blair survey
Restaurant Dive (04/19)
New bill waiting to be signed by Indiana Gov. Eric Holcomb would require third-party food delivery services such as DoorDash, Grubhub and Uber Eats to get written consent from restaurants before listing them on their website or app
Indiana Daily Student (Indiana University) (Bloomington, IN) (04/19)
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Dining At Home / Home-Cooking
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Zacks: Food companies have benefited from demand for organic/fresh food options, at-home food consumption, innovative branding that cater to consumer health/wellness; Mondelez, Hershey, Kraft Heinz and Kellogg likely to deliver earnings beat this season
Zack's Commentary (04/20)
Assn. of Home Appliance Manufacturers responds to Dept. of Energy's proposed standards for cooking products, says gas standard is disproportionately stringent than for electric; group claims over a year, consumers to spend nearly a day more to boil water
PR Newswire (04/18)
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Foodservice Packaging
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Chicago-based startup REUSO is a resuable PP food packaging platform with tracking software; users scan a QR code to initiate a text message with a unique PIN for restaurants to enter into the system, and then return the packaging to an outdoor REUSO bin
ABC 7 Chicago (04/20)
DoorDash partnering with DeliverZero to offer up to six months of free reusable packaging for select New York, New Jersey businesses as part of company's Accelerator for Local Restaurants program to help them transition to a more sustainable future
DoorDash Inc. (04/20)
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On-Demand Local Delivery
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Doobie, a leading cannabis delivery operator, partners with Cresco Labs for delivery to customers in Massachusetts
Associated Press (04/19)
PetSmart partners with Uber Eats to become first national pet retailer on app for on-demand and scheduled deliveries; over 1,600 stores in US, Canada and Puerto Rico now available on app's Pet Supplies category
PR Newswire (04/19)
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Payment Systems
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Kroger Mid-Atlantic now accepts online EBT payments for SNAP online grocery orders; shoppers can order via app or website
Supermarket News (04/20)
H-E-B, Central Market launch Visa credit cards with perks including unlimited cash back of 5% for private brand items, 1.5% for all other items
Grocery Dive (04/19)
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Single-Use
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Smile Compostable Solutions named finalist in US Plastics Pact Sustainable Packaging Innovation Awards for its home compostable coffee pods compatible with Nespresso Original brewers; the plant-based pod is certified home compostable by TUV Austria
PR Newswire (04/20)
Bills to curb single-use plastics advance in Illinois General Assembly; House Bill 2376 would ban PS foam food containers, Senate Bill 58 would require state agencies to track purchases of single-use plastic foodware for a year, establish reduction goals
Daily Herald (Arlington Heights, IL) (04/18)
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Food & Beverage Distributors
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Performance Food Group releases its 2022 ESG Report; highlights include introduction of a new ESG goal to reduce GHG emission intensity, and introduction of 10 net-zero emission refrigeration trailers at the Gilroy, California, location
Business Wire (04/20)
United Natural Foods launches Climate Action Partnership to encourage suppliers to make credible climate commitments; CAP builds on UNF's Climate Action Hub, furthering company’s commitment to collaborative approach to climate action across value chain
Business Wire (04/20)
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Restaurants
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Alsea--a restaurant operator in Latin America--seeks to expand its footprint of Starbucks coffee shops in Mexico and some European countries, all without raising menu prices for this year
CE Noticias Financieras (04/19)
Long John Silver's announces offering of two new desserts from The Cheesecake Factory: Triple Chocolate Cheesecake and Classic Cheesecake; seafood chain also now offering its Chicken Planks in a US$6 Basket
QSR Magazine (04/19)
Chipotle to begin using all-electric cooking equipment at 100 of its new locations in 2024, eschewing traditional gas cooktops, part of a broader company plan aimed at reducing its carbon footprint
WTVR-TV (04/19)
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Stock
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Latest: Apr, 20 2023
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Latest Value |
Prev |
Chg |
YOY Chg |
Watchlist |
Chipotle Mexican Grill (CMG)
|
1,798.40
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1,805.00
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-0.37%
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11.52%
|
Domino's Pizza (DPZ)
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322.90
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325.66
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-0.85%
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-18.56%
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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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89.50
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86.52
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3.44%
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-2.13%
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McDonald's Corp (MCD)
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291.00
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291.27
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-0.09%
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13.74%
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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%
|
Papa Johns International Inc (PZZA)
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74.77
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76.76
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-2.59%
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-29.36%
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Restaurant Brands International (QSR)
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69.04
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68.39
|
0.95%
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12.52%
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Starbucks Corp (SBUX)
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107.05
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107.16
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-0.10%
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33.53%
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Yum! Brands, Inc (YUM)
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137.50
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137.12
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0.28%
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9.39%
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