Find out what we discovered about:

Starbucks opening the first stand-alone Princi in the USA, Chipotle guests being hit again by health issues and Hakkasan group probably being for sale.

Dear Reader,
 
This edition of our weekly newsletter as usual covers noteworthy and curious news from the international hospitality business, must-knows to speed up your business. Find out what we discovered about Starbucks opening the first stand-alone Princi in the USA, Chipotle guests being hit again by health issues and Hakkasan group probably being for sale. And with which new currency you might be able to pay for your next Big Mac.
 
Enjoy reading!
 
Your FoodService Bites team
 
 

Brands

 
Starbucks opens first standalone Princi bakery in Seattle
Starbucks opened on Tuesday the first of at least three standalone Princi bakeries planned for the U.S. The Princi bakery and cafe, located in Seattle’s Westlake neighbourhood, is part of Starbucks’ effort to develop premium stores around the world. (Approx. reading time: 1 min.)
nrn.com
 
Chipotle closes an Ohio restaurant amid food scare
Seven people have reported to local health authorities that they were sickened after eating at a Chipotle Mexican Grill in a Columbus, Ohio, suburb, leading the company to temporarily shut down the restaurant. (Approx. reading time: 2 min.)
restaurantbusinessonline.com
 
Hakkasan Group still in talks over sale
The owner of Hakkasan Group is still in talks to sell the restaurant and nightclub operator, according to a Bloomberg report. (Approx. reading time: 1 min.)
bighospitality.co.uk
 
Bloomin’ Brands to expand delivery
Bloomin’ Brands Inc. is moving away from discounting and toward more delivery at its Outback Steakhouse and Carrabba’s Italian brands, executives said. (Approx. reading time: 3 min.)
nrn.com
 
 

Weekly Research Bite

How big would you estimate the share of the service type “delivery” in the overall foodservice market (commercial and non-commercial) to be? Maybe 10%? Not, not by far. Across the Big 5 European countries the share of all visits is just a little under 4% today. This means that only 4% of all visits in the foodservice market were delivered. Great Britain is the most developed country with a share of 6%, whilst in France the share is just a third of that. So there is still a lot of potential in the different countries. Because across all countries, demand is up strongly!
npdgroup.com
 
 
Management
 
Subway, Little Caesars, KFC, Taco Bell know $5 is a magic price
In the fast-food world, five – as in $5 – is the magic number. It has become the de facto sweet spot for trying to lure in customers based on meal price. (Approx. reading time: 3 min.)
cnbc.com
 
11 new restaurant concepts reimagining fast food & casual dining
Friendly's went bankrupt, and Subway is closing 500+ locations. But even as fast food and casual dining stalwarts struggle, people haven't stopped eating out — in fact, they're spending more at restaurants and bars than ever. Where they choose to go, though, is fundamentally shifting. (Approx. reading time: 14 min.)
cbinsights.com
 
 

Food & Beverages

 
Seasonality is the next big thing in coffee
Coffee companies are taking the promise of seasonality a step further, not with flavourings or mere marketing—“winter” or “Christmas” blends are nothing new—but with seasonal beans. (Approx. reading time: 3 min.)
skift.com
 
Move over millennials, Gen Z is now shaping the food and beverage landscape
The diverse and tech saavy ways of Generation Z or the iGeneration – referring to those aged 11-22 in 2018 – will have a profound impact on food and beverage formulations over the next several years, Mintel noted during a presentation at IFT 2018. (Approx. reading time: 3 min.)
foodnavigator-usa.com
 
Arkansas Heart Hospital ready to grow its own produce
Arkansas Heart Hospital, home to an innovative foodservice operation known for its popular ramen dishes, is ready to begin growing its own produce. The hospital’s new 2,500-square-foot garden will be a source of produce for its cafe. (Approx. reading time: 1 min.)
foodservicedirector.com
 
 
By the way…
 
McDonald’s tries its own ‘currency’
The company this week unveiled the “MacCoin,” a “limited edition global currency” that is “backed” by the chain’s signature sandwich, the Big Mac. (Approx. reading time: 1 min.)
restaurantbusinessonline.com



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