Sandwich Grab; Monopoly. Or, Dominoes; Crisis Update; 1%; Golden Eggs; Here They Come; Kitchen Smart Tech
In case you missed it— Subway, the sandwich chain (sorry, the biggest restaurant chain in the US), has had its ups and downs over the years. Not too long ago, their growth strategy was $5 foot-longs and more locations. Then, the ‘Eat Fresh-Refresh changed everything, with an emphasis on improved menu items and a boatload of ad dollars. This literal brand refresh is generally considered to be a success, which perhaps makes it a good time to… sell. Kroelbertsons— Major produce groups across the nation are sounding the alarm on The Kroeger Co.’s proposed acquisition of Albertsons Companies Inc. They fear the result of the mega-merger will shrink retail buyer competition, giving the super, super-market an unfair boost in buying power that will ultimately end up hurting consumers. War News— Russia’s invasion of Ukraine, the breadbasket of Europe, triggered a global food crisis. The war is still happening, therefore… Let it Marinate— 1% of the global food industry can be represented by a cost as high as $40 billion, (according to the FDA), and that’s the estimated percentage of the industry affected by food fraud. Which is truly frightening. Egg Prices— …have skyrocketed because of avian flu and supply chain costs. East or Bust— When Fatburger came to NY I was overjoyed. It was always one of the first stops to make on trips out west. In-N-Out hasn’t quite made it to the Atlantic yet, but fans of the chain have hope. Finally— The latest for your kitchen, from CES.