December 3rd QSR Roundup: A Culinary Journey Through Festive Menus, Expansion Strategies, and a Pro-Labor Shift in the Food Industry
QSR news for Dec 3rd, 2024. We reviewed 21 QSR publications, 6 subreddits, and over 111 articles to bring you the latest. Estimated reading time saved (at 200wpm): 366 minutes. It'll take you only 8 minutes to catch up.
Restaurant Expansions and Acquisitions
Toastique's Healthy Lifestyle Dining
Founded by Brianna Keefe in 2018, Toastique offers vibrant gourmet toasts, bowls, and collagen-infused drinks, catering to active lifestyles.
- Generated over $1 million in its first year.
- Expanded to 14 states, partnering with local entrepreneurs.
- Emphasizes transparency, fresh ingredients, and dedication to wellness.
Source: QSR Magazine
Anthony's Coal Fired Pizza Sold
Anthony's Coal Fired Pizza & Wings, a 51-unit chain, was sold out of bankruptcy.
- Initially acquired by TREW Capital Management for $44 million.
- Sold to Kuljeet Singh, a franchisee of Round Table Pizza and Burger King.
- Singh aims to lead the brand towards growth, separating from sister brand BurgerFi.
Source: Restaurant Business
Wings N' More Acquisition
Private-equity firm Goode Partners acquires Wings N’ More Restaurants LLC, planning Texas expansion.
- Investment Details: Founder Mark Dennard retains a minority stake.
- Growth Potential: Expand using a hub-and-spoke model.
- Founder Background: Mark Dennard, a former NFL player, started the chain in 1986.
Source: Restaurant Business
Portillo’s New COO Announcement
- Tony Darden appointed as COO, effective Dec. 9.
- Brings over 30 years of multi-unit restaurant experience.
- Former COO of Jack in the Box.
- Portillo's plans to open its first 'Restaurant of the Future' in Grapevine, Texas.
Source: Restaurant Dive, Foodservice Equipment & Supplies, Nation's Restaurant News
Innovative Restaurant Concepts and Designs
Pizza Hut's Fast-Food Makeover
Pizza Hut introduces a new design resembling traditional fast-food joints:
- Features drive-thru lanes with a 'Hut ‘N Go' quick-service menu.
- Self-service kiosks and contactless pick-up cabinets.
- Aims to enhance customer experience and increase in-store traffic.
Source: Restaurant Business, Pizza Hut
Moxies' Franchise Design Strategy
Moxies collaborates with DesignAgency for customizable franchise design:
- Enhances local connection and streamlines development.
- Allows franchisees to incorporate unique local narratives.
- New strategy debuts at the Washington, D.C. location.
Source: Networld Media Group
Olo's Open Platform Strategy
Olo emphasizes the importance of an open tech platform for restaurants.
- Hosted a Partner Summit with over 400 partners.
- Encourages integration for a unified guest profile.
- Invests $90 million annually in R&D, supporting 85,000 locations.
Source: FSR Magazine
Financial Investments and Market Trends
Buffett Bets on Domino's
- Warren Buffett invested approximately $549 million in Domino's Pizza.
- Acquired 1.3 million shares, causing stock to surge by about 10%.
- Reflects confidence in Domino's strong performance amidst industry challenges.
Source: Restaurant Business
Fast-Food Sector Decline
- The fast-food sector faced significant challenges in Q3.
- Consumers are shifting towards alternative dining or eating at home.
- Fast-food establishments struggle to maintain their customer base.
Source: Restaurant Business
Egg Market Volatility
- Egg prices fluctuate due to HPAI outbreaks and demand shifts.
- Cage-free regulations in states like California impact supply.
- Recent loss of 2.8 million layers leads to price surges.
Source: Food Business News, Food & Wine
Festive Menus and Holiday Offerings
Festive Menus Unveiled
Chains are rolling out seasonal treats:
- Popeyes: Festive Family Box and Midday Mardi Gras Happy Hour.
- Krispy Kreme: Merry Grinchmas Doughnut Collection.
- Bar Louie: Martinis of the Month supporting No Kid Hungry.
- Snooze A.M. Eatery: Nana’s Hot Cocoa Pancakes topped with candy canes.
These creative menus make the season deliciously festive!
Source: Restaurant Business
CrispiDays Return at Noodles & Company
Noodles & Company brings back CrispiDays with weekly Rice Crispy treats:
- S’mores Crispy
- Cinnamon Crunch Crispy
- Chocolate Peppermint Crispy
- Cake Batter Crispy
- Aims to enhance customer engagement.
- Offers special pricing with promo code CRISPIDAYS.
Source: Nation's Restaurant News
Labor and Workforce Developments
Trump's Labor Secretary Pick Raises Concerns
- Lori Chavez-DeRemer, nominated for Labor Secretary, is surprisingly pro-labor.
- Voted for the PRO Act, simplifying union elections.
- Signals a strategic shift as GOP seeks to build bridges with organized labor.
Source: Restaurant Business
Management Style Realizations
A restaurant manager reflects on:
- The effectiveness of their 'get it done' approach.
- Facing team resistance and considering a shift to a more collaborative style.
- Importance of self-reflection and adapting leadership methods.
Source: Reddit - /r/Restaurant_Managers
Food Safety and Regulations
Cucumber Salmonella Contamination
- FDA warns of cucumbers from Mexico linked to a salmonella outbreak.
- Affected 68 individuals, with 18 hospitalizations.
- Distributed across 26 states between Oct. 12 and Nov. 26.
Source: Restaurant Business, Salon
Food Recalls Surge During Holidays
- Costco's Kirkland brand eggs recalled due to salmonella risk.
- SunFed recalls cucumbers linked to illnesses.
- Consumers advised to stay informed about food safety.
Source: Salon
Proactive Food Safety Strategies
With 48 million Americans affected by foodborne illnesses annually:
- Source ingredients from certified suppliers.
- Maintain proper storage temperatures.
- Foster a culture of food safety within the team.
- Implement an incident management plan.
Source: Modern Restaurant Management
Innovations in the Food Service Industry
Couche-Tard's Foodservice Growth
- Investing $1 billion over five years to expand in Ireland, the U.S., and the U.K..
- Fresh Food, Fast program in nearly 5,800 Circle K locations.
- Launched value menu with $3, $4, and $5 meal deals.
Source: Restaurant Dive
Wings Over Enhances Delivery
Wings Over partners with Cartwheel to revolutionize delivery:
- Optimized delivery management with AI-powered dispatch tools.
- DoorDash integration for efficient peak-time deliveries.
- Onboarded 18 locations in one month.
Source: Restaurant Dive
GoTo Foods' Strategic Shift
- Kieran Donahue joins as CCO to optimize seven brands.
- Unifies brands like Auntie Anne’s, Jamba, and Cinnabon.
- Introduces a new shared POS system and mobile apps.
Source: Nation's Restaurant News
Cultural Food Traditions
Pasteles: Puerto Rican Christmas Tradition
- Pasteles mark the start of Christmas in Puerto Rico.
- Labor-intensive dish that fosters family bonding.
- Reflects African and Indigenous influences.
- Symbolizes gifts during El Día de Los Santos Reyes.
Source: Eater
Chinese Food on Christmas
- Tradition of Jews dining on Chinese food during Christmas.
- Reflects a communal spirit and shared cultural experiences.
- R&G Lounge in San Francisco serves over 1,000 diners on Christmas.
Source: Eater
Nochebuena Celebrations
- Nochebuena is a cherished Christmas Eve celebration among Latino and Filipino families.
- Filled with traditions, music, and cherished dishes.
- Emphasizes togetherness and cultural heritage.
Source: Food & Wine
Retail and Merchandising Trends in Restaurants
Holiday Restaurant Merchandise 2024
Restaurants offer unique holiday merchandise:
- Chipotle: Cilantro-scented soap.
- McDonald's: Jug of McRib sauce.
- KFC: Streetwear-inspired Holiday Collection by Yeye Weller.
- Items range from jewelry to pizza wine, embracing playful and delicious themes.
Source: Nation's Restaurant News
Dive Bar-Inspired Perfume
- Miller High Life launches Dive Bar-Fume, capturing dive bar aromas.
- Features scents like cedarwood, tobacco, and leather.
- Available for $60 on December 4, 5, and 6.
Source: Food & Wine
Emergency Pizza from Domino's
- Domino's offers "Emergency Pizza" at Squid Game: The Experience.
- Players receive a ticket for free pizza for a year, valued at $500.
- Presented in a custom Dalgona tin.
Source: Food & Wine
Fast Food and Casual Dining Updates
McDonald's Filet-O-Fish Appeal
- The Filet-O-Fish remains a beloved menu item after nearly 60 years.
- Fans appreciate its unique taste and nostalgic value.
- Suggestions for a Filet-O-Fish Big Mac highlight its popularity.
Source: Reddit - /r/fastfood
Arby's Cyber Monday Deal
- Offered 50% off one sandwich via app or online orders.
- Deal was valid for one day only on December 2, 2024.
- Some customers faced technical issues with the app.
Source: Reddit - /r/fastfood
Spicy Chicken Sandwiches
- Discussion on best spicy chicken sandwiches with spicy breading.
- Wendy's and Chick-fil-A are top recommendations.
- Desire for genuine spicy flavor in the breading, not just the sauce.
Source: Reddit - /r/restaurant
Additional Highlights
Empowering Diversity in Baking
- Joanne Canady-Brown, founder of The Gingered Peach, champions diversity.
- Addresses challenges for minority entrepreneurs.
- Aims to create inclusive job opportunities and drive change.
Source: Foodservice Equipment & Supplies
Plant-Based Food Innovations
- The plant-based sector is booming with innovative whole-food products.
- Demand is rising among flexitarians and non-vegan eateries.
- 27% growth in the plant-based food market in 2023.
Source: Total Food Service
Agtech Innovations Combat Ingredient Shortages
- Rising prices threaten staples like coffee and cocoa.
- Agtech solutions include lab-grown ingredients and sustainable alternatives.
- Innovations offer hope for a resilient food industry.
Source: Food Industry Executive
Cargill Workforce Reduction
- Cargill to lay off about 8,000 employees (~5% of workforce).
- Follows a nearly 10% decline in sales for fiscal 2024.
- Aims to realign resources amid global challenges.
Source: Food Business News
Chipotle's Upcoming Price Hike
- Considering another price increase due to rising costs.
- Food costs rose from 29.7% to 30.6% in Q3.
- Aims to stay appealing to bargain-seeking customers.
Source: Salon
Pastazerts Grows with Innovation
- Startup specializing in chocolate ravioli desserts.
- Partnered with a co-manufacturer to scale operations.
- Aims to expand into retail and foodservice by 2025.
Source: Food Business News
Best Restaurants 2024
- Eater’s awards highlight dining excellence in 20 cities.
- Emerging trends: Italian bars, Lao cuisine, innovative corn dishes.
- Celebrates culinary talent and leadership.
Source: Eater
Family Ownership & New Partnerships
- Belgeri family continues legacy through CMA Foodservice Solutions.
- BK Resources partners with Food Equipment Representatives.
- Signals growth and stability in the industry.
Source: Foodservice Equipment & Supplies
Meaningful Gifts with Impact
Thoughtful food-related gifts that give back:
- Wild Caper Olive Tapenade: Supports Palestinian farmers.
- Babusya’s Kitchen Cookbook: Proceeds aid Ukrainian humanitarian efforts.
- Pastry Kit Subscription: Provides job training in pastry arts.
Combines generosity with positive societal contributions.
Source: Eater
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