• Fast-Casual Industry Projects Growth
    The U.S. fast-casual restaurant market will increase by $55.4 billion from 2022 to 2027, growing at a compounded annual growth rate of 11.56%, according to a report by Technavio. "The demand for new flavors, bold flavor combinations and premium alternatives is growing among all ages but is greatest among millennials, who want options to personalize food based on their daily calorie intake," per Fast Casual.com.
  • Burger King Unveils 'Sizzle' Prototype Restaurant
    Burger King is in the second year of its “Reclaim the Flame” plan, which promises a fresh marketing perspective and a prototype restaurant referred to internally as "Sizzle." It's designed not only for the evolution of Burger King, but for where the consumer has taken quick service as a whole. One of the two Sizzles built thus far reported one of the best quarters in the company’s 63-year history.
  • Do Super Bowl Ads Work For Restaurants?
    McDonald’s, Pizza Hut, Burger King, Dunkin’, Taco Bell, Jimmy John’s, Chipotle and Little Caesars have paid the price for expensive ad spots during the Super Bowl and other sporting events. But is is worth it? "According to data gathered by GWI over the last four years, there are approximately 71.7 million Americans who are actively interested in watching sports. Of those, 36.3 million say they are regular customers of 'fast food' restaurants," per QSR Magazine.
  • Brands Need To Get Serious, At Least A Little
    Consumers have had enough of brands that try too hard. "Being weird on social media has become standard practice for corporate brands," per The New York Times. "This has long caused some older people to recoil. And there are signs it is no longer working with millennials or Gen Z customers. ... You’re not alone if you are annoyed by the memes, slang, misspelled words and abbreviations now regularly put into the world by once buttoned-up corporate behemoths."
  • Instacart Offers Service For Former Hospital Patients
    Instacart Health Fresh Funds grocery stipends is launching as a benefit for post-operative and postpartum patients insured by a health plan sponsored by a Mount Sinai Solutions employer or union customer. "The new program is designed to alleviate challenges to accessing fresh groceries, pantry staples and household essentials following a major life event, such as a joint replacement, birth, or bariatric surgery," per Supermarket News
  • Tracee Ellis Ross Wants Women To Love Their Hair
    Actor turned entrepreneur Tracee Ellis Ross founded Pattern Beauty, a Black-owned, Black-centered haircare brand for people with textured, curly hair in 2019. Ross talked about how the brand has evolved, and her own personal hurdles as a Black woman trying to fit into beauty standards that didn’t reflect her own. “I spent a lot of years understanding my hair, learning to love my hair,” she said during her conversation with Kc Ifeanyi, Fast Company’s executive director of editorial programming.
  • Mtn Dew Reveals Halloween Flavor
    For a fifth consecutive year, Mtn Dew will release a "mystery flavor" tied to Halloween. "For the first time ever, Mtn Dew has partnered with the iconic Airheads candy to infuse its Cherry flavor into the classic Halloween drink for this year’s mystery Voo-Dew flavor," per Beverage Industry
  • Spirits Industry Considers Eco-Friendly Options
    There are new eco-friendly liquor packaging options, but getting companies to consider them is another story. "The spirits industry has a sustainability problem," per Wine Enthusiast. "While so many brands earnestly preach the virtues of supporting the environment by reducing waste, the spirits industry is among the worst in providing anything resembling eco-friendly packaging."
  • Weight Loss Drugs Use Reduces Grocery Purchases, Per Walmart
    Walmart is reporting reduced grocery sales due to GLP-1 weight loss drugs like Ozempic and Wegovy, which reduce appetites. The retailer is analyzing shopping behavior of people on the drugs, per Bloomberg.
  • Former Abercrombie CEO Accused Of Sexual Exploitation
    Former Abercrombie & Fitch CEO Mike Jeffries is facing multiple allegations of sexual exploitation. "According to a damning BBC News investigation, Jeffries and his British partner, Matthew Smith, allegedly facilitated the recruitment of young men, many of them aspiring models, for international events where they are said to have coerced them into sex acts," per The Cut. "The alleged sex events took place between 2009 and 2015 at Jeffries’s New York residences and at luxury hotels in London, Paris, Marrakesh, and Venice."
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