Next Up: Hard Soda…or is it Flavored Beer?

Brewer portfolio diversification continues with several jumping into the growing hard soda category. While Chicago’s Berghoff Rowdy Root Beer and Sprecher from Glendale, WI, have followings where distributed, Small Town Brewing (owned by Pabst Brewing Co.) drew serious attention to hard sodas this summer with the strong sales of its Not Your Father’s Root Beer. […]

Tea Spices Up Adult Beverage Menus

During summer, iced tea is top of mind for its refreshing quality, while in winter, we turn to hot tea as a comforting warm drink. No matter the time of year, tea is on trend lately due to its health benefits, range of flavors and versatility. Tea-flavored beverage offerings are on the rise in the […]

Restaurant Consumers Craving Value Don’t Necessarily Follow the Money

Throughout my career covering the restaurant industry, I have fixated on the “price” part when discussing or learning about the price-value equation. Maybe it’s because I’m a child of the ’90s, meaning two of my formative cultural touchpoints were “show me the money” and “Mo Money Mo Problems.” More likely it’s because I graduated college […]

Additive-free burgers grow in Canada

Now, more than ever, consumers are paying attention to what goes into their food. Public scrutiny is intensifying over additives and their impact on health. Consumers are turning to “health-halo” labels like organic, all-natural and sustainable to feel good about what they eat. In fact, research from Technomic’s 2015 Canadian Burger Consumer Trend Report reveals […]

How Fast Casual Tops Franchise Growth with Better Bottom Lines

Nobody should be surprised that fast casual leads all other industry segments in overall sales growth and unit growth. Observers could plainly see that in Technomic’s Top 500 Chain Restaurant Report, or with their own eyes, as the newest restaurants in town are probably fast-casual concepts and are probably packed with a line to the […]

Fast Casual Attracts Investors

Typically, Technomic’s ConcepTrac newsletter highlights four concepts featuring a shared characteristic—such as a similar service format or cuisine. The August issue however focuses on a similarity that exists outside restaurant walls. All four of Technomic’s featured concepts—Chicken Salad Chick, Honeygrow, MAKE OUT and Naf Naf Grill—are recent recipients of investments from private equity firms. It’s […]

Tech-enabled Grocery Delivery/Pick-up Trials Expanding

As consumers embrace an on-the-go lifestyle, it is not a surprise that convenience is often mentioned as a top reason for visiting both restaurants and retail locations. Many restaurant and retail operators have elevated their prepared foods and grab-and-go offerings in an effort to meet their time-sensitive demands. Grocery stores have proven that they can […]

Top 100 U.K. Chain Restaurants Continue to Increase Sales and Units

The 100 largest U.K. restaurant chains recorded a 6 percent annual sales increase in 2014, compared to 6.4 percent the prior year. According to data released by Technomic Inc. in its annual reporting on the top U.K. restaurant chains, the number of units grew by more than 4.3 percent in 2014, compared to unit growth […]

Competition Escalates as Quick-Service Restaurants Fight to Steal Share from Bakery and Coffee Cafés

Though bakery and coffee cafés face fierce competition from quick-service restaurants aiming to steal share, Technomic’s Canadian Bakery & Coffee Café Consumer Trend Report reveals that cafés will continue to thrive as they meet consumers’ demands for affordability and convenience while still providing quality. To stay ahead of the competition, these cafés are enhancing beverage […]

Wine Industry Growth Slows as Competition Heats Up, Finds Technomic

Brands and suppliers vie for share of increasingly fragmented wine market Following strong volume growth earlier in the decade, the wine industry’s upward trajectory continues, but the rate of growth has decelerated. In 2014, total wine volume rose 1.0 percent, and projections for 2015 and beyond call for a similar pace of industry expansion, according […]