In the past 48 hours, the restaurant and bar industry has seen several notable developments. The National Restaurant Association reported that restaurant sales reached $95.5 billion in February 2025, a 0.8% increase from January and a 3.2% rise year-over-year. This growth comes despite ongoing challenges, including rising food costs and labor shortages.
A major deal was announced yesterday between global foodservice leader Sysco Corporation and plant-based meat alternative company Beyond Meat. The partnership aims to expand Beyond Meat's distribution to restaurants nationwide, reflecting the growing demand for plant-based options in the foodservice sector.
In response to recent supply chain disruptions, McDonald's announced a new initiative to diversify its supplier base, particularly for produce and packaging materials. The company plans to onboard 50 new suppliers across various regions by the end of 2025 to mitigate risks and ensure consistent supply.
Emerging competitor Ghost Kitchen Brands continues to gain traction, opening its 100th location this week. The company's model of housing multiple restaurant brands under one roof for delivery and takeout only is resonating with consumers seeking convenience and variety.
On the regulatory front, the FDA issued new guidelines for food safety practices in restaurants, emphasizing enhanced cleaning protocols and stricter temperature controls for food storage. Restaurants have 90 days to comply with these updated regulations.
A recent consumer survey by Technomic revealed a 12% increase in diners prioritizing sustainability practices when choosing restaurants compared to last quarter. This shift is prompting industry leaders like Starbucks to accelerate their eco-friendly initiatives, with the company pledging to reduce water usage in stores by 25% over the next two years.
In response to inflationary pressures, many restaurants are adjusting their pricing strategies. Data from menu research firm Datassential shows that the average menu price increase across all restaurant segments was 4.2% in the past month, compared to 3.7% in the previous reporting period.
The cocktail scene is experiencing a revival of classic drinks with a modern twist. Beverage analytics firm BevSpot reported a 15% increase in orders for traditional cocktails like Old Fashioneds and Martinis in the past week, indicating a shift in consumer preferences towards familiar yet elevated drink options.
Lastly, the ongoing labor shortage continues to impact the industry. The Bureau of Labor Statistics reported that job openings in the accommodation and food services sector increased by 50,000 in the past month, highlighting the persistent challenge of staffing restaurants and bars.
As the industry navigates these challenges and opportunities, adaptability and innovation remain key to success in the ever-evolving restaurant and bar landscape.