Controlling Costs, Digital, Carbone, US Traffic, Bay NFTs, Canada, Copenhagen & More...
🔪 The top F&B industry news from the past week
In case you missed it, our recent interview featured João Cura of Porto's Almeja restaurant. We hope you enjoy the Weekly Digest!
Restaurants Embrace Digital to Fight Rising F&B Prices
📍 Global | PYMTS
Flexible and intelligent digital integration across ops is one way that restaurants can deal with inflation.
Opening a Restaurant? Here's How to Navigate Restaurant Cost Control in 2022.
📍 Global | Insurance Newsnet
Foodservice is tricky, this guide might just help.
Dallas Italian restaurant Carbone’s sues Carbone over similar-sounding name
📍USA | Sarah Blaskovich | The Dallas Morning Times
Carbone’s Fine Food and Wine’s owner in Dallas has filed a lawsuit against a restaurant with the same name that is situated 2 miles away.
Rising Prices Contribute to U.S. Restaurant Traffic Decline
📍USA | Jennifer Shike | Drovers
US diners have noticed that the cost of eating out is on the rise. Where will this lead?
San Francisco Is Getting Its Own NFT Restaurant Backed by a Bunch of Tech CEOs
📍 USA | Lauren Saria | Eater
San Francisco NFT project SHŌ Group describes itself as ‘a global experiential hospitality platform’ with a site opening in 2023.
Restaurant sales surpassed pre-pandemic levels in March: Statistics Canada
📍 Canada | The Canadian Press | CP24
‘Canadian restaurant and bar sales increased by 6.5 per cent monthly in March to $6.8 billion. Year-over-year, sales were up 35 per cent compared with March 2021, 62.9 per cent compared with March 2020 and 4.9 per cent higher than March 2019 before the COVID-19 pandemic.’
Fine dining faces its dark truths in Copenhagen
📍Denmark | Imogen West-Knights | Financial Times
Kitchen workers in the Scandi-food-mecca tell their side of the story when it comes to the realities of fine dining.
Long Weekend of Culinary Jingoism Will Be Worth Its Weight in Platinum to UK Restaurants and Pubs
📍 UK | James Hansen | Eater
The Queen’s Platinum Jubilee bank holiday is set to be worth close to £3 billion to the UK’s hospitality businesses. Cheers to that!
In a pickle: The MasterChef NZ judges on food costs
📍New Zealand | David Skipwith | Stuff
In NZ, ‘Grocery food prices were 6.4% higher in April this year than last year, with fruit and vegetables up a whopping 9.4%.’ Why is food so exceptionally expensive in the country?
Long wait finally ends for foreign workers kept out by pandemic
📍 Japan | The Japan News | Asia News Network
Much to the benefit of kitchens in Tokyo and Kyoto, Japan’s influx of foreign workers resumes.
How tech is empowering Southeast Asia's financially underserved
📍Southeast Asia | National Geographic
For those like Khaw Keng Kin Keng, financial tech is a lifeline that can help build out his business potential.