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Foodservice Industry

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March 08, 2024

Industry Roundup

Cups

Eco-Products launches Veridian line to address composter contamination challenges; all cups, lids, containers and cutlery include the word ‘Compostable,’ display the BPI Certification Mark, feature green or brown identification elements
PR Newswire (03/06)

Disposable / Takeout Containers

New ordinance in Newton, Massachusetts, prevents restaurants from using black plastic takeout containers; also, restaurants will no longer include paper napkins, chopsticks, plastic utensils, straws, condiment packages for takeout orders, unless asked
Belmont Citizen-Herald (MA) (03/07)

Disposable Tableware / Kitchenware

Eco-Products launches wood sporks, which are accepted as compostable under CMA-S and are hot or cold food friendly; Eco-Products also launches low-profile oval lid, which is made from PLA, BPI-certified compostable and suitable for cold food only
Eco-Products Inc. (03/06)

Napkins / Paper Towels

KP Tissue CEO pleased with FY23 financial results, noting record sales of C$1.9B from robust volume, operational efficiency; consumer segment gained market share within facial tissue and paper towel categories, improved share trend in bathroom tissue
Canada StockWatch (03/07)

Reusable / Refillable / Storage Containers

Mananalu Water to launch 22-oz. refillable aluminum bottles for Tahitian Lime, Lilikoi Passion flavors; Mananalu also launching plastic-free cases via recyclable corrugated boxes and prototyping a biodegradable stretch film for pallets during shipping
Bevnet (03/06)

Duni announces majority ownership of Germany-based reuse company Relevo to strengthen its food packaging business, provide circular solutions to customers; Relevo provides catering and restaurant businesses with tech-enabled system solution for reusables
Cision (03/06)

Coffee Shops & Juice Bars

Global Canopy's Forest 500 report shows lack of progress in deforestation policies across 350 companies, such as The Home Depot and Starbucks; 30% show no deforestation policy for supply chains, while others fail to implement existing policies effectively
Mongabay News (03/06)

Middle East franchisee of Starbucks begins firing around 2,000 workers at its coffee shops across the region after the brand found itself targeted by activists during the ongoing Israel- Hamas war in the Gaza Strip
Associated Press (03/05)

Quick Service Restaurants (QSR)

7-Eleven announces limited-time offerings of the returning 7-Meat Pizza and the new Extreme Meat Pizza; the latter features a five-meat blend including pepperoni, Canadian bacon, beef crumble and bacon bits
Chew Boom (03/07)

Subway Canada announces offering of freshly sliced deli meats in selected hand-crafted sandwiches, including Black Forest Ham, Turkey and Italian B.M.T.
Business Wire (03/07)

Fast-Casual Restaurants

Potbelly announces offering of its new 6-Pack Cookie Box; flavors include Oatmeal Chocolate Chip, Chocolate Brownie and Sugar Cookies
Chew Boom (03/06)

Taco Cabana testing the following new menu items in select locations across Texas for limited time: Al Pastor Street Tacos, Al Pastor Tortas and Loaded Fries
Chew Boom (03/05)

Casual Dining Restaurants

Johnny Rockets announces limited-time offering of its new Cookie Jar Shake, featuring a chocolate shake made with ice cream, Oreo cookie pieces, chocolate chip cookies, and topped with whipped cream, chocolate drizzle, chocolate chip cookie crumbles, more
Globe Newswire (03/07)

Bakery / Baked Goods

Pillsbury Baking launches two new product lines: moist supreme creamy cake mixes and stuffed cookie kits; both product lines come in two flavors, with moist supreme creamy cake mixes coming in almond and vanilla flavors
PR Newswire (03/07)

Tim Hortons announces launch of its spring menu; new and returning items include Berry Cherry Refresher, Nutella Croissant with Whipped Sweet Cream, Easter Egg Donut and Easter Spring Donut
Chew Boom (03/05)

Breakfast Products

Hardee's brings back Philly Cheesesteak Angus Burger and Philly Cheesesteak Breakfast Burrito, both for a limited time
QSR Web (03/06)

Hardee's announces limited-time offering of new Breakfast Wraps, available in four varieties: Sausage Egg and Cheese Wrap; Bacon Egg and Cheese Wrap, Egg and Cheese Wrap; and Sausage Egg and Gravy Wrap
Chew Boom (03/06)

Coffee

Executive Perspective: Regenerative agriculture is an important practice in the current climate scenario, but it cannot be considered a 'silver bullet,' says David M. Neumann, CEO of Neumann Kaffee Gruppe
CE Noticias Financieras (Latin America) (03/07)

COFFEE HOLDING CO., INC. ANNOUNCES SPECIAL MEETING OF STOCKHOLDERS TO VOTE ON PROPOSED BUSINESS COMBINATION WITH DELTA CORP HOLDINGS LIMITED; FORM F-4 DECLARED EFFECTIVE
Globe Newswire (03/07)

Cold Drinks

Danone North America's International Delight brand and Hershey's Reese's brand announce launch of new Reese's Iced Coffee cans, available at retail stores
PR Newswire (03/06)

Hot Sandwiches, Wraps & Burgers

Campbell Soup announces limited-time offering of new Grilled Cheese & Tomato Soup; new product launch comes as soup, tomato-based foods and grilled cheese stand out as top trends in 2024, company says
Food Dive (03/06)

Fruits, Vegetables & Salads

ReposiTrak announces addition of 10 produce companies to the ReposiTrak Traceability Network, marking the company's 22nd new member announcement since September 2023
Business Wire (03/05)

Ice Cream / Frozen Treats

Unilever partners with precision fermentation specialist Perfect Day to create a new addition to Breyers’ ice cream portfolio with Lactose-Free Chocolate, marking Unilever’s first venture into animal-free dairy
FoodNavigator.com (03/05)

Savory Snacks

PepsiCo ends partnership between its Doritos brand and Spanish transgender influencer Samantha Hudson; decision made after deleted sexist and offensive posts made by Hudson in 2015 were recirculated on X
MarketLine (03/07)

Mondelez's Ritz cracker brand announces launch of two new flavors: Sweet Habanero and Honey BBQ
Chew Boom (03/06)

Confectionery & Sweet Snacks

Executive Perspective: Budget-conscious consumers help push Campbell Soup's Q2 profit, sales estimates over the edge with demand for quick meals, soup and cookies, and last year's price increases driving gross profit margin to 31.6%, says CEO Mark Clouse
Reuters (03/06)

Stuffed Puffs announces Easter offerings of two new products featuring egg-shaped marshmallows stuffed with sour candy filling; the two flavors--Sour Blue Raspberry and Sour Watermelon--developed in collaboration with Hershey's Jolly Rancher brand
PR Newswire (03/06)

Dining At Home / Home-Cooking

KitchenAid introduces the brand's first Grain and Rice Cooker with 21 preset options; the product automatically senses how much grain has been added, dispenses the right amount of water
PR Newswire (03/07)

Foodservice Packaging

EU lawmakers water down packaging proposals, allowing use of paper; Cepi appeared satisfied, while Environmental Paper Network said 'McDonalds and the paper packaging industry managed to distort and empty a regulation born to reduce single-use packaging'
EuroNews (03/05)

Sabert launches new Catering Pop-Top family; the clear PET bowl line features a unique hinged lid that folds back, clicks into place and can be rotated 90 degrees to display one or both sides of base, and is available in one- or two-compartment bases
GlobeNewswire (03/05)

On-Demand Local Delivery

GlobalData: Uber Eats introduces robot food delivery in Japan due to labor shortage, aging population; initiative also marks paradigm shift in this space, as survey finds 29% of consumers say their spending on food delivery is very high or quite high
ForeignAffairs.co.nz (03/07)

Instacart announces Canseco’s Market, Harps Foods, Price Chopper have adopted its e-commerce platform Instacart Storefront; technology allows grocers to build automated marketing campaigns and features built-in catalog services, same-day delivery
Supermarket News (03/06)

Single-Use

Hindustan Syringes and Medical Devices launches Dispojekt, a single-use syringe with a safety needle; the company expects 60-70% market share in three years, planning to initially produce 200 million syringes per year, to increase to 300 million units
Medical Buyer (03/07)

Hotel shampoo bottles and restaurant sauce sachets to be banned as part of EU green drive
The Telegraph (03/05)

Food & Beverage Distributors

Aramark to Participate in Upcoming BofA Securities Investor Conference
Aramark Corp. (03/07)

SpartanNash Increases Quarterly Cash Dividend
SpartanNash Co. (03/07)

United Natural Foods reports fiscal Q2 net earnings of US$15M on revenue of US$7.78B
dpa-AFX International Compact (03/06)

Restaurants

Canada Offers Better Quality and Value for All Canadians with the Arrival of Freshly Sliced Meats
Doctor's Associates Inc. (Subway Restaurants) (03/07)

Commentary: With California raising fast-food wages to US$20/hour in April, restaurants plan to increase prices, but amount will vary considerably; restaurant analysts expect prices could go up anywhere between mid-single-digits and low-double-digits
Business Insider (03/05)

CHIPOTLE MEXICAN GRILL TO ANNOUNCE FIRST QUARTER 2024 RESULTS ON APRIL 24, 2024
Chipotle Mexican Grill Inc. (03/05)

 Stock

Latest: Mar, 07 2024

Latest Value Prev Chg YOY Chg
Watchlist
Chipotle Mexican Grill (CMG) 2,690.22 2,690.14 0.00% 78.20%
Domino's Pizza (DPZ) 447.37 447.24 0.03% 43.92%
Dunkin Brands Group Inc (DNKN) 106.48 106.48 0.00% 0.00%
Jack In The Box (JACK) 72.91 73.76 -1.15% -15.83%
McDonald's Corp (MCD) 291.11 292.93 -0.62% 8.98%
Panera Bread Co (PNRA) 314.93 314.93 0.00% 0.00%
Papa Johns International Inc (PZZA) 69.98 71.21 -1.73% -17.75%
Restaurant Brands International (QSR) 80.62 81.24 -0.76% 28.07%
Starbucks Corp (SBUX) 90.95 91.65 -0.76% -11.99%
Yum! Brands, Inc (YUM) 140.38 139.55 0.59% 10.61%
SAMPLE REPORT