Inflation’s Impact on Consumer Restaurant Spending, and More Foodservice News
While much has been written about the way consumer habits changed due to the pandemic, one thing has remained constant. When inflation restricts cash flow, consumers tend to trade down when using restaurants. That explains why…
Q1/2023 MAFSI Business Barometer: Industry Sales Growth Continues to Flatten As Business Normalizes, Second Half Looks More Challenging
Manufacturers are reporting sharp declines in lead times and corresponding incoming order rates. This is due to four main functions: many dealers are overstocked, the lessened need to advance order to insure “on time” delivery, the expectation of…
The Rising Growth of Self-Service…
The game is changing in foodservice as it’s been recently reported that over 84 percent of Generation Z and 82 percent of Millennials prefer to visit restaurants with self-serve kiosks. But how can this be? Whatever happened to…
