foodservice Bites

Shake Shack, Dunkin' and the factors consumers worry most about when coming back to restaurants

Dear Reader,
Our weekly newsletter covers noteworthy and curious news from the international hospitality business. Find out what we've discovered about Shake Shack, Dunkin' and Uber. Also, take a look at our research to learn what consumers worry most about when coming back to restaurants.
Enjoy reading!
Your foodservice Bites team

Editor's note:
21st European Foodservice Summit: Special Limited Edition
Early booking: 15 % discount until 14 July
Top multi-national platform: great content, CEO-community.
24-25 September, 2020. Rüschlikon/Zürich. Switzerland
www.efss.ch

Weekly Research Bite

What are the factors consumers worry most about when coming back to restaurants?
Safety, social distance, and hygiene are the factors consumers worry most about when coming back to restaurants: Across the European countries, an overwhelming 75% agreed in a sentiment survey run in the middle of May that ‘good hygiene at restaurants will be more important’ to them. 72% ‘prefer restaurants that apply strict rules to prevent contagion’. And 67% will ‘prefer restaurants that can guarantee social distance’. Whilst in most countries, consumers see this in a similar fashion, there are different levels of concern by age and gender: no surprise that the older consumers are, the more they worry about safety and hygiene. Men see it a bit more relaxed compared to women.
www.npdgroup.com


Brands

Uber buys food-delivery service Postmates
Uber has bought food-delivery service Postmates for $2.65 billion in stock, the companies announced. (Approx. reading time: 2 min.)
www.cnbc.com
Shake Shack makes cautious return to unit growth
The burger chain added four units in Q2, but same-store sales remain down nearly 50%, according to a business update. (Approx. reading time: 2 min.)
www.restaurantbusinessonline.com

Dunkin' is closing 450 locations by the end of 2020
By the end of this year, Dunkin' will close approximately 450 locations in Speedway gas station convenience stores, the company confirmed. (Approx. reading time: 32 min.)
www.usatoday.com

Delivery

China's food delivery market expands in H1
China's food delivery market saw rapid expansion in the first half of this year as more people chose to order food online in an effort to curb the spread of COVID-19, an industry report showed. (Approx. reading time: 2 min.)
www.xinhuanet.com

DoorDash Raises $400 Million from New Investors
Food delivery service DoorDash has raised $400 million in additional capital to help grow the company. (Approx. reading time: 4 min.)
www.subscriptioninsider.com

Food & Beverage

Seafood trend picks up steam during COVID-19 pandemic
Increases in meat and poultry prices have allowed restaurants to use fish and shellfish as the base for menu creativity. (Approx. reading time: 3 min.)
www.nrn.com

Coca-Cola is shutting down Odwalla juice
The company made the call "given a rapidly shifting marketplace and despite every effort to support continued production," John Hackett, president of president of Coca-Cola's (KO) Minute Maid business unit said in a statement. (Approx. reading time: 2 min.)
www.cnn.com

By the way

Inside the world's largest urban farm – built on a rooftop
In Paris, urban farmers are trying a soil-free approach to agriculture that uses less space and fewer resources. Could it help cities face the threats to our food supplies? (Approx. reading time: 7 min.)
www.theguardian.com


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