CHARLEBOIS: Canadian restaurant industry’s revival

In summary, full-service restaurants showed the highest growth in traffic, with a remarkable gain of 24%. However, quick-service establishments still dominated with a 67% share of all food service visits, showing a 9% increase during the quarter. Full-service establishments accounted for 22% of the total visits. The remaining share of traffic represents retail dining, including prepared foods in convenience stores and grocery stores, which experienced a 5% decline compared to the previous year.

And the good news doesn’t stop there. Statistics Canada also added its two cents last week by mentioning that even though retail food sales have been declining for some time due to persistent food inflation, the percentage of food service in relation to total food sales seems to have returned to its pre-pandemic level for the first time. Before the pandemic, the percentage stood at 39%.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

CHARLEBOIS: Canadians' conflicting perspectives on AI in the food industryA study gauged the opinions, concerns and expectations of consumers regarding the use of predictive analytics and AI in the food industry.
Bron: TheTorontoSun - 🏆 23. / 68 Lees verder »

CHARLEBOIS: Canadians' conflicting perspectives on AI in the food industryA study gauged the opinions, concerns and expectations of consumers regarding the use of predictive analytics and AI in the food industry.
Bron: calgarysun - 🏆 63. / 52 Lees verder »

Five things to watch for in the Canadian business world in the coming weekThe Bank of Canada will release its latest interest rate decision on Wednesday.
Bron: VancouverSun - 🏆 49. / 61 Lees verder »