The pace of fast casual pizza accelerates in 2014

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Despite a number of headwinds such as high cheese and beef prices and labor pressures, many operators remain optimistic for 2015.

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Low gas prices saving Americans about $200M per day versus 2013

The average cost of fuel is nearly 70 cents lower per gallon than it was last year at this time, and has dropped below the $2 mark in 13 states.

Restaurant industry hurdles expected to continue in 2015

On top of record-high commodities prices, labor inflation, technology costs and health care/menu labeling logistics, there is also intensified competition in foodservice.

Wheat prices up $1 since October

Gas prices drop another dime in a week.

Domino's Pizza continues Wall Street climb

Domino's shares are up 3,000 percent compared to where they were before the company's turnaround effort in 2010.

Cheese prices drop well below $2 mark

Heading into the busiest travel day of the year, gas prices have fallen for 60 consecutive days.

Good news for cheese prices after rough year

Gas prices are down more than a quarter from a month ago.

How Papa Murphy's controlled record-high cheese prices in Q3

The company's CEO believes the company has the potential to triple its domestic footprint.

Startup aims to help restaurants clear hyperlocal produce hurdles

OtherShip Foods offers 10- and 20-foot containers that use hydroponics technology to grow produce on site.

With wintry weather knocking, gas prices remain low

Natural gas spot prices respond to winter's tease with an uptick.

Papa John's POS rollout to be completed by Q1

The company remains bullish on North China and is focused on shifting its marketing and menu strategies to support growth in the market.

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NEWS


Restaurant groups deride lack of Renewable Fuel Standard decision

Last week, the Environmental Protection Agency announced it will delay the 2014 ethanol volume mandate, a move that will continue to affect commodities costs. The announcement was greeted with strong opposition from restaurant industry organizations. "We are disappointed that the...

Chocolate companies warn of an impending shortage

Mars Inc. and Barry Callebaut, two chocolate giants, have warned of an impending chocolate shortage.

Heartland acquires XPIENT Solutions

XPIENT offers integrated cloud-based human resources, staffing and scheduling, food cost control and inventory and supply management solutions.

Fast food industry driving global cheese market

Research and Markets has released the "Global Cheese Market 2014-2018" report to their line of products.

Restaurant Canada feathers ruffled by government's lack of transparency on chicken pricing

Restaurants Canada is calling on a government commission to be more transparent as it investigates the cost of production formula used in setting the price of Ontario chicken.

Culinary Software Services releases Cheftec Xt4

Culinary Software Services recently released ChefTec xt4, featuring simplified entry of Hazard Analysis & Critical Control Points information, a new EDI interface with FreshPoint and improved interfaces.

Latest SpenDifference study to forecast 2015 restaurant menu prices

Participants will be entered in a drawing to win a $100 Amazon gift card and will receive a complimentary copy of the findings.

Survey launched to track restaurant menu prices

Restaurant supply chain co-op SpenDifference has launched the latest survey in its menu price tracking study program. U.S.

NRA to participate in US Food Waste Challenge webinar

The webinar, sponsored by the US Department of Agriculture, will offer information on reducing food waste through food donation.

RMD Technologies teams with Verizon for new 'smart' temperature monitoring technology

RMD Technologies, LCC recently launched the D-Mometer and TAM Network, a "machine-to-machine" (M2M) solution that provides businesses and consumers real-time information on the time and temperature exposure of meats, produce and other perishable items.

Tyson’s tender offer for Hillshire set at $63 per share

Tyson Foods has commenced a cash tender offer for all outstanding shares of common stock of The Hillshire Brands Company at a price of $63.00 per share. The tender offer is being made pursuant to the previously announced merger agreement dated July 1, among the two companies. The tender offer period will expire at midnight Aug.

Report: 93% of restaurant chains plan to raise menu prices

This year's unexpected food cost increases will likely to force chain restaurants to raise menu prices even as competition gets tighter. A new report from supply chain co-op SpenDifference shows that sharp increases in commodities have raised concerns that consumer food-inflation could reach 3 percent by the end of this year.

Tyson submits bid to buy Hillshire for $8.55B

Tyson Foods Inc. today announced it has submitted a unilaterally binding offer to acquire all outstanding shares of The Hillshire Brands Company for a price of $63 per share in cash.

(Updated) Tyson Foods expresses interest in purchasing Hillshire Brands

The Hillshire Brands Company issued the following statement in response to the unsolicited proposal by Tyson Foods on Thursday to acquire Hillshire Brands for $50 per share in cash. “Consistent with its fiduciary duties, and in consultation with its independent...

Restaurant chains ready to pull the trigger on menu price hikes

The majority of America’s chain restaurants held the line on price hikes the first part of the year but plan to start raising them, according to a new survey from SpenDifference, a restaurant supply chain co-op. The survey included nearly...

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