Canadian foodservice industry faces the challenges of a dropping loonie and rising food costs

Just this month, the Canadian dollar dropped to an unprecedented low, reaching 69 cents U.S. for the first time in about a decade. Some forecasters even predict the value of the loonie will continue to drop as much as 10 cents to reach a record low of 59 cents U.S. by the end of the […]

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 […]