Technomic

Retail Foodservice Primed to Steal Share From Restaurants

Technomic’s Canadian Retailer Meal Solutions Consumer Trend Report shows that Canadian consumers increasingly view retail foodservice as offering higher quality, fresher, and more unique and healthful food than its fast-food restaurant competition. Due in part to increased focus on fresh prepared food at retail outlets and the expansion of these offerings to new retail channels, we estimate […]

A Toast to Bubbly’s Growth

Sparkling wine looks to have realized another year of solid growth in 2013. Technomic projects that the Champagne and sparkling wine segment will record a volume gain of 4.3%, to more than 18.2 million 9-liter cases, for the year, after seeing volume rise 4.7% in 2012. Retail sales of sparkling wines reached $2.6 billion in […]

Suppliers, Operators Toast Anniversary of Prohibition Repeal

December 5 marks the 80th anniversary of the end of Prohibition, and assorted players in the adult beverage industry are taking advantage of the occasion to push products and goose holiday sales. MillerCoors is using “Repeal Day” to promote its Batch 19 lager and bock, made from pre-Prohibition recipes. (The “19” references Prohibition’s start in […]

Adult Beverage Outlook: Volume Slips, Sales Increase

Overall adult beverage volume for 2013 is expected to be flat as we close out 2013, but sales will show an increase, according to Technomic’s team of adult beverage experts, who project the trend to continue in 2014. Total spirits, wine and beer sales are expected to finish 2013 with a 2.4% increase despite a […]

Technomic Releases Update on Menu and Consumer Trends for Poultry

Note: This post was originally published as a company press release. While poultry—particularly chicken—is well-represented on restaurant menus, many diners are hungry for change. More than half of consumers (55 percent) want restaurants to offer a greater variety of chicken entrées, and 40 percent of consumers want to see more options for turkey entrées on the […]

Segment Performance: Fast-Casual Salad Chains

Salad concepts in Technomic’s Top 150 Fast-Casual Chain Restaurants earned over $188 million in 2011—a 2.4 percent increase from 2010. The category leader was Saladworks, which earned just over $81 million, up 1.3 percent from 2010. Nature’s Table Cafe followed in second place with $35 million in sales, down 4.8 percent from 2010, with unit […]

Technomic Top 500 Annual Report Finds Signs of Recovery in U.S. Restaurant Industry

Note: This post was originally published as a company press release. The 500 largest U.S. restaurant chains registered a 4.9 percent annual sales increase in 2012, a marked improvement over 3.5 percent the prior year. According to data released today by Technomic Inc. in its annual reporting on the top U.S. restaurant organizations, the foodservice consultancy […]

Technomic Releases Update on Family Dining Restaurants

Family dining occasions are naturally a trademark of the family-style segment; in fact, nearly half of parents polled by Technomic (49 percent) visit family-style restaurants at least once a week. Even though parents and kids may be the primary target audience for family-style restaurants, opportunities exist to boost traffic and sales from other groups, including […]

Technomic Releases Update on Consumer Trends for Beef and Pork Restaurant Entrees

Beef and pork are traditional fixtures on restaurant menus and represent classic favorites on the center of the plate. But now that rising meat costs are beginning to impact restaurant prices, it’s more essential for operators to learn consumers’ current attitudes and preferences towards beef and pork dishes—trends that can be addressed via menu development […]

Tequila Bars Take the Spotlight

Restaurants and consumers alike are experimenting with more authentic and regional Mexican fare to further explore this popular cuisine. Three out of four consumers purchase Mexican fare away from home occasionally, according to Technomic’s recent Ethnic Food & Beverage Consumer Trend Report. One result of Mexican experimentation is the growing number of tequila bars. What […]