The restaurant business is a challenging landscape. Not only is it fiercely competitive, but profit margins and success rates are notoriously low, while labor and capital costs are high. There's an unrelenting pressure for restaurants to expand market share and increase revenues year after year. Failure to achieve this growth often means [...]
Front of Package (FOP) labeling systems display key nutritional elements such as calorie content, critical nutrients like salt, sugar, and saturated fat, and overall nutritional quality indicators. FOP labeling differs from traditional, back-of-package (BOP) or side panel nutrition labels in its immediacy and simplicity. Instead of requiring consumers to search for and [...]
Walmart and Target are about the only two retailers who sell food who have a presence and operations in all 50 U.S. States. And while Walmart is the leading grocer in the country, technically speaking it (and Target) are mass merchandisers, not supermarkets. Pure grocery chains like Aldi (30 states), Whole Foods [...]
Amazon could take up to a 15% stake in Grubhub under a new partnership that gives Amazon Prime members free access to Grubhub's subscription service. The deal allows Amazon to buy a 2% stake in Grubhub and also allows them to purchase an additional 13% of shares at a "formula-based price" depending [...]
In the 1960s, an industry group called the Sugar Research Foundation funded research that suggested fat was the primary cause of heart disease and other health problems and not sugar. This, according to an article published in JAMA Internal Medicine which also suggests that this was not just a coincidence, but part [...]
For those who are thinking about getting into the competitive and challenging restaurant business it is good to first settle on a format. The choice depends on budgets, goals and often experience. For those with limited resources, a food truck or pop-up restaurant may be the best option as opposed to a [...]