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Food-Away Spending Up; Visits Flat

Food-Away Spending Up; Visits Flat

Consumer expenditures on food-away-from-home rose 7.9% in 2015 (to $3,008), compared with just a 1.1% rise in spending on food-at home, according to the latest Bureau of Labor Statistics data. We know from chain quarterly reports that much of that increase came from higher menu prices, but, still, dining-out dollars accounted for a greater percentage […]

What College Students Want From QSRs

What College Students Want From QSRs

This fall, about 20.5 million students will be enrolled in U.S. colleges and universities, where they will encounter sophisticated and diverse campus foodservice options. Of course, that won’t keep them from occasionally visiting off-campus restaurants, where they’ll have strong expectations about taste, price and quality. A new study of college-student eating habits and expectations conducted […]

Nomura Sees McD’s Comp Sales Fading

Nomura Sees McD’s Comp Sales Fading

Nomura restaurant analyst Mark Kalinowski maintains both his Neutral rating of McDonald’s Corp. stock and his forecast for the chain’s Q2 same-store sales, which will be reported next week. But Q3 and Q4 likely will be more difficult, and the Grand Mac and Mac Jr. burgers aren’t likely to go national before early 2017, according […]

McDonald’s Tests Sriracha Big Mac Sauce

McDonald’s Tests Sriracha Big Mac Sauce

McDonald’s hasn’t finished testing new ideas in San Diego. The latest is the addition of a “Signature Sriracha” flavor package with the Signature Crafted Recipes menu it began testing in February. These are burgers customers can customize with one of several flavor/toppings packages. Ask for a Signature Sriracha burger and you get new Sriracha Big […]

NPD: Discounting Not Increasing Visits

NPD: Discounting Not Increasing Visits

Consumer restaurant traffic was flat in Q1, but restaurant visits on deal were up twice that rate overall and up 3% for quick-service restaurants, according to The NPD Group. A significant driver in that “deal” traffic has been the discount competition among QSR burger chains, especially McDonald’s heavily marketed McPick 2 for $2 or $5, […]

Deconstructing the All-American Burger

Deconstructing the All-American Burger

The average American restaurant burger is a $10.50 pre-formed, 8-oz. ground-chuck patty with American cheese, tomato, bacon and ketchup served on a brioche bun with fries on the side. That’s the picture painted by ground-beef purveyor Schweid & Sons’ 2016 Burger Trends Report. The survey is based on operations data from more than 100 Schweid […]

Fast Casual Continues Growth Leadership

Fast Casual Continues Growth Leadership

Fast-casual restaurants represent just 7% of QSR visits. The segment’s 19,043 units account for less than .03% of the total U.S. restaurants (629,488). But fast-casual chain restaurants account for more than their share of growth. According to new data from The NPD Group, fast-casual chain restaurant locations increased in number by 5% during the 12-month […]

Tight Market Boosts Innovation’s Value

Tight Market Boosts Innovation’s Value

Growth and innovation are both more likely to come from smaller chains rather than the largest in the year ahead, Peter Backman, managing director of British researcher Horizons, said this week at his company’s Annual Briefing in London. His observations are applicable globally. He told attendees that the UK foodservice market was likely to fall […]

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