INDUSTRY NEWS
Starbucks has Most Advanced Digital Capabilities Among Limited Service Chains
With about 25% of restaurant locations expected to shut in the U.S., there has been…
Walmart Continues to Advance its Businesses During the Pandemic
Walmart has made several business moves recently that involve a delivery acquisition and a COVID-19…
Holiday Shopping Expected to Rise During COVID-19
The National Retail Federation (NRF) expects holiday sales will rise in 2020 when compared to…
McCormick Gets Spicy with Cholula Acquisition
McCormick will buy hot sauce maker Cholula for $800 million, reported CNBC (Nov. 24). The…
Tofurky Sales Up for Thanksgiving
Tofurky sales are up 32% in 2020, representing its best Thanksgiving bump since 2017, according…
Black Friday 2020 Online Sales Break All-Time Record
U.S. consumers spent an estimated $9 billion this year on U.S. retail websites for Black…
Retailers Bring Back Hazard Pay and Bonuses
Several companies have recently made announcements regarding bonuses and hazard pay, following reports of retailers…
Will Consumers Be Attracted to Buy Restaurant Gift Cards this Holiday Season?
Weak gift card sales could be an obstacle to full recovery for restaurant chains, reported…
Grocery Stores Prepare to Distribute COVID-19 Vaccines
Neighborhood grocery stores will likely serve as major providers of COVID-19 vaccinations, reported The Wall…
Ghost Kitchens Expanding Across the U.S.
While the pandemic continues, food delivery and ghost kitchens are gaining in popularity as 2020…
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