Egg shortage 2015: How is your restaurant coping?

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Due to the egg shortage, local and national restaurants have had to improvise when it comes to providing eggs to their customers. Some have had to limit egg offerings, cut back on breakfast hours, embrace egg substitutes and charge more for egg-based products.

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Receiving 101: Control and Safety

Whoever is in charge of receiving should follow a standard set of rules in order to maintain the safety of food and ensure you protect your bottom line.

Simple solutions to minimizing food waste

Food waste is a fact of the restaurant business, and for something that cannot be completely avoided, the toll it takes is steep. Food waste has a spectrum of consequences that spans the erosion of profits to negatively impacting the ecosystem and harming the sustainability of the planet.

Axis Purchasing Identifies $15 million in Savings for Foodservice Members

Axis Purchasing, the group purchasing organization, identified savings for its foodservice members of more than $15 million in 2014.

Gas, cheese, wheat prices all fall to close out the year

Gas prices have fallen 50 cents in the past month and are more than $1 lower than they were this time last year.

Christmas arrives at the gas pump

Fuel experiences its longest streak of declining prices on record, according to AAA.

The pace of fast casual pizza accelerates in 2014

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

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.

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NEWS


FTC challenges proposed Sysco, US Foods merger

The Federal Trade Commission alleges that if the merger between Sysco and US Foods goes forward as proposed, foodservice customers, including restaurants, would likely face higher prices and diminished service.

U.S. markets opening to Irish beef after 15-year ban

News comes at a time when beef prices are at historic highs, as is demand for premium beef; new Irish supply could bring price relief.

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.

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Best practices for managing food costs via employee training, using the right equipment and going green.