Panera unveils unlimited coffee subscription

U.S. foodservice industry set to rebound to pre-pandemic levels by 2023 July 29, 2020

The latest research from Mintel shows that after several years of growth, the foodservice industry is expected to decline by up to 30% from 2019 to 2020, following nationwide dine-in bans/restrictions, restaurant closures, job losses, and lowered consumer confidence.

U.S. restaurant industry recovery stalls with no improvement in six weeks July 27, 2020

COVID case surges across the United States and the subsequent rollbacks in re-opening plans have stalled the U.S. restaurant industry’s recovery, reported The NPD Group.

Coca-Cola sales fall 28% July 21, 2020

According to The Wall Street Journal, Coca-Cola Co. said it believes the biggest challenges of the pandemic are behind it, despite the current surge in coronavirus cases in many parts of the United States.

U.S. quick-service restaurant chains drive customer transaction declines July 20, 2020

Total customer transactions at major U.S. restaurant chains declined by 14% in the week ending July 12 versus one year ago, compared with -11% in the prior week, reported The NPD Group.

Oatly receives a $200 million equity investment led by Blackstone Growth July 14, 2020

Oatly, maker of oatmilk, has received $200 million in equity led by Blackstone Growth.