RMD Technologies teams with Verizon for new 'smart' temperature monitoring technology

August 14, 2014

RMD Technologies, LCC recently launched the D-Mometer and TAM Network, a "machine-to-machine" (M2M) solution that provides businesses and consumers real-time…

Fiesta Restaurant Group consolidates food distribution to single provider

August 6, 2014

Fiesta Restaurant Group Inc., parent company to the Pollo Tropical, Taco Cabana and Cabana Grill restaurant brands, will consolidate all of its food…

Breakfast takes a bite out of Panera comps in Q2

The quarter represented the first time in six quarters the company registered a year-over-year increase in transactions.

Focus Brands selects purchasing group to manage supply chain

July 25, 2014

Focus Brands Inc. has selected restaurant supply chain buying group SpenDifference to manage purchasing for its more than 3,000 domestic locations across six…

Chipotle cites increased throughput as a driver behind same-store sales lift

by Brenda Rick Smith — Editor, Networld Media Group

Same-store sales drive strong second quarter results.

Tyson’s tender offer for Hillshire set at $63 per share

July 17, 2014

Tyson Foods has commenced a cash tender offer for all outstanding shares of common stock of The Hillshire Brands Company at a price of $63.00 per share. The…

How corn affects food prices

by John Krebs — President, Axis Purchasing

Corn prices were up 13 percent in the first six weeks of 2014 which will adversely affect the price of many of the foods you stock in your restaurant.

Report: 93% of restaurant chains plan to raise menu prices

June 30, 2014

This year's unexpected food cost increases will likely to force chain restaurants to raise menu prices even as competition gets tighter. A new report from…

Starbucks' retail prices go up Tuesday; packaged coffee hike set for July

June 23, 2014

Starbucks recently announced plans to hike prices on roast and ground packaged coffee sold in grocery stores and select beverages sold in company-owned retail…

Tyson submits bid to buy Hillshire for $8.55B

June 9, 2014

Tyson Foods Inc. today announced it has submitted a unilaterally binding offer to acquire all outstanding shares of The Hillshire Brands Company for a price of…

If you build it, they will come and you will profit

by John Krebs — President, Axis Purchasing

Many operators also neglect to examine the pricing of kitchen supplies, which is the number one area for savings.

How to maximize your supply chain strategy

by Alicia Kelso — Editor, QSRWeb.com

In addition to cost, choose a distributor based on their food safety record and customer service metrics, as well as their sanitation practices.

(Updated) Tyson Foods expresses interest in purchasing Hillshire Brands

May 29, 2014

The Hillshire Brands Company issued the following statement in response to the unsolicited proposal by Tyson Foods on Thursday to acquire Hillshire Brands for…

Restaurant chains ready to pull the trigger on menu price hikes

May 19, 2014

The majority of America’s chain restaurants held the line on price hikes the first part of the year but plan to start raising them, according to a new survey…

Pork prices expected to continue climbing due to virus

May 7, 2014

Due to the spread of a virus (PEDv) affecting hogs, pork supply shortages are expected in many countries in the near term. According to the Rabobank Pork…

Study: Charging for condiments will drive away consumers

April 30, 2014

With pressures from rising food costs, restaurant operators are seeking ways to increase check size without increasing the cost of popular menu items, but…

Chipotle plans to raise prices 4 to 6 percent this quarter

by Alicia Kelso — Editor, QSRWeb.com

CEO says younger generation is bonding with the brand similarly to how kids bonded with McDonald's in the 1980's.

Qdoba honors top suppliers

April 21, 2014

Qdoba Mexican Grill honored five suppliers this month for outstanding performance in six awards categories at its 2014 Qdoba Leadership Summit in Denver. More…

Toolkit published to help operators reduce food waste

April 17, 2014

The Food Waste Reduction Alliance has published the Best Practices and Emerging Solutions Toolkit to help foodservice businesses reduce food waste.

Barbecue chain vows to maintain offerings, prices despite high pork costs

April 15, 2014

The cost of pork is up 45 percent since the beginning of the year, a rise attributed in part to an anticipated pork shortage across more than half the U.S.…