foodservice Bites
Dear Reader,
Our weekly newsletter covers noteworthy and curious news from the international hospitality business. Find out what we've discovered about Uber Eats, Papa John's and Shake Shack. Also, take a look at our market research on restaurant closures during the coronavirus.
Enjoy reading!
Your foodservice Bites team
According to the pizza chain, April 2020 was on of the best month in the history of the company. Nationwide same-store sales rose by 27%. (Approx. reading time: 3 min.)
www.restaurantbusinessonline.com
Shake Shack plans new experience stores
The better burger brand is preparing to reopen dining rooms with added modified exteriors such as drive-thru lanes and walk-up windows to accommodate social distancing requirements. (Approx. reading time: 4 min.)
www.nrn.com
Starbucks reopens 85% of its U.S.-stores
After seven weeks of home-sheltering orders, the coffee chain plans to have the majority of its stores up and running by the end of the week. (Approx. reading time: 2 min.)
www.yahoofinance.com
The 7th update by Technomic takes a look at consumer spending habits, the growth in off-premise ordering and consumers eagerness to go back to dining-out. (Approx. reading time: 5 min.)
www.technomic.com
Americans don't support the reopening of restaurants
Several polls show that a sizable majority of the U.S. is opposed to the return of dine-in restaurants. (Approx. reading time: 4 min.)
www.restaurantbusinessonline.com
Why restaurant owner are afraid to use the stimulus money
On the podcast, Eater's Digest, two restaurateurs explain, why the restrictions of the loans don’t fit the needs of the industry. (Approx. reading time: 5 min.)
www.eater.com
As part of their growth strategy, the food delivery company will exit underperforming markets in Eastern Europe, the Middle East, as well as South and Central America. (Approx. reading time: 3 min.)
www.techcrunch.com
Hello Fresh releases Q1 results
The meal-kit delivery company saw very strong revenue growth throughout the entire first quarter of 2020, which was the result of a growing customer base to 4.18 m active customers. (Approx. reading time: 2 min.)
www.foodnavigator.com
More cheese for the French
The French dairy interbranch organization CNIEL has launched a campaign urging people to eat more cheese as the coronavirus has hit cheese sales as much as 60 %. (Approx. reading time: 3 min.)
www.foodnavigator.com
Our weekly newsletter covers noteworthy and curious news from the international hospitality business. Find out what we've discovered about Uber Eats, Papa John's and Shake Shack. Also, take a look at our market research on restaurant closures during the coronavirus.
Enjoy reading!
Your foodservice Bites team
Market Research
Customer opinions on restaurant closures
Back at the end of March, we asked consumers across six European countries (GB, DE, FR, ES, IT, RU) about whether they agree with restaurant closures due to the coronavirus spreading. And an overwhelming 93% fully or somewhat agreed with the necessity to close restaurants nowadays. Interestingly, those countries that were hit harder back then were showing an even higher agreement. In Great Britain and Russia, situations were still more relaxed and much less people agreed with closures – meanwhile that has changed. By the way, the older people are the more they agreed with the closures.
www.npdgroup.com
Brands
Papa John's celebrates rise of same-store salesAccording to the pizza chain, April 2020 was on of the best month in the history of the company. Nationwide same-store sales rose by 27%. (Approx. reading time: 3 min.)
www.restaurantbusinessonline.com
Shake Shack plans new experience stores
The better burger brand is preparing to reopen dining rooms with added modified exteriors such as drive-thru lanes and walk-up windows to accommodate social distancing requirements. (Approx. reading time: 4 min.)
www.nrn.com
Starbucks reopens 85% of its U.S.-stores
After seven weeks of home-sheltering orders, the coffee chain plans to have the majority of its stores up and running by the end of the week. (Approx. reading time: 2 min.)
www.yahoofinance.com
Operations
How the corona virus is shaping the foodservice industryThe 7th update by Technomic takes a look at consumer spending habits, the growth in off-premise ordering and consumers eagerness to go back to dining-out. (Approx. reading time: 5 min.)
www.technomic.com
Americans don't support the reopening of restaurants
Several polls show that a sizable majority of the U.S. is opposed to the return of dine-in restaurants. (Approx. reading time: 4 min.)
www.restaurantbusinessonline.com
Why restaurant owner are afraid to use the stimulus money
On the podcast, Eater's Digest, two restaurateurs explain, why the restrictions of the loans don’t fit the needs of the industry. (Approx. reading time: 5 min.)
www.eater.com
Delivery
Uber Eats exits eight marketsAs part of their growth strategy, the food delivery company will exit underperforming markets in Eastern Europe, the Middle East, as well as South and Central America. (Approx. reading time: 3 min.)
www.techcrunch.com
Hello Fresh releases Q1 results
The meal-kit delivery company saw very strong revenue growth throughout the entire first quarter of 2020, which was the result of a growing customer base to 4.18 m active customers. (Approx. reading time: 2 min.)
www.foodnavigator.com
By the way
More cheese for the FrenchThe French dairy interbranch organization CNIEL has launched a campaign urging people to eat more cheese as the coronavirus has hit cheese sales as much as 60 %. (Approx. reading time: 3 min.)
www.foodnavigator.com
