Coffee, especially the popular arabica variety, is under threat due to climate change. Recognizing the challenges posed by rising temperatures, Starbucks, which purchases about 3% of the world’s coffee, is proactively developing new arabica varieties. These varietals are specifically cultivated to be more resilient in a changing climate. For over […]
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The ghost kitchen industry, which saw a surge in popularity and investment during the pandemic, seems to be facing a downturn. Between 2020 and 2022, startups in this sector attracted over $3 billion in venture capital, with companies like Reef Technology and CloudKitchens, founded by Uber’s Travis Kalanick, securing a […]
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Catapult Concepts, spearheaded by Jake Schostak, is revolutionizing the virtual restaurant space by introducing a new operational model emphasizing simplicity and efficiency. Schostak, who has a rich background in the restaurant business, including roles at Chipotle and Sweetgreen, founded the company to address the challenges faced by independent restaurants, especially […]
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The Canadian Food Innovation Network (CFIN), a non-profit organization, is at the forefront of fostering innovation in Canada’s food industry, helping to grow the economy through collaborations, investments, and connections across the food ecosystem. The organization is keen on translating insights from its Innovation Advisory Council and members into funding […]
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Singapore’s Food and Beverage (F&B) sector is grappling with a significant workforce shortage exacerbated by the COVID-19 pandemic. Despite the challenges, the industry saw a net increase of nearly 1,500 new companies in 2021, the highest in the past 30 years, indicating an oversaturation and intensifying competition for the workforce. […]
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Nextbite, once a thriving virtual restaurant company, has faced several setbacks, including multiple layoffs and selling its technology arm, Ordermark, to UrbanPiper, an Indian company. Recently, it was acquired by SBE CEO Sam Nazarian, the leader of its former competitor, C3, marking a significant consolidation in the virtual restaurant sector. […]
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Dine Brands, the parent company of popular restaurant chains Applebee’s and IHOP, has partnered strategically with Franklin Junction. This firm facilitates restaurants to flourish as virtual brands in new international markets. This collaboration will enable Applebee and IHOP to venture into fresh markets, including Japan, the Netherlands, France, and Belgium, […]
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In the bustling world of food delivery, restaurants face many challenges. From manual order entries to the chaos of “tablet hell,” the road to delivery success is paved with obstacles. But fear not; we’ve got the solutions to help you streamline your operations and thrive in the digital dining era. […]
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In a constantly evolving world, the restaurant industry is not left behind. The buzzword “omni-channel” is no longer confined to the retail sector; it has gracefully entered the food and restaurant sector, promising a revolution that caters to the modern consumer’s desire for convenience, speed, and personalization. The Omni-Channel Revolution […]
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Chipotle, the renowned fast-casual Mexican chain, is embarking on a new journey. The destination? The heart of small-town America. A Strategic Move: Beyond Urban Centers Chipotle has been a familiar name in bustling urban centers. It’s now setting its sights on smaller markets. This move is part of the brand’s […]
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