More Stories: Foodservice Sales

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Foodservice Sales - Archives

(January 31, 2012)
Restaurants among top job creators in 2011
Higher consumer spending and an increase in the number of establishments helped Canada’s restaurant industry grow by 28,000 jobs in 2011 over 2010. This jump represents an annual increase...

(January 20, 2012)
Year in review
2011 was a year of uncertainty. The foodservice industry in Canada has ridden an economic roller coaster along with all other sectors of the economy, as global markets flirted with an on-again...

(December 20, 2011)
Restaurant sales to moderate in 2012
Canada’s economy may have expanded by a healthy 3.5% in the third quarter of 2011, but its outlook for 2012 will be muted by economic uncertainty in the United States and Europe. The latest forecast by TD Economics calls for Canada’s economy to grow...

(October 31, 2011)
Labour pains: Rising costs and growing shortages
Average weekly earnings in Canada’s restaurant industry continued its upward trajectory, rising 2.1 per cent in the first seven months of 2011. This modest increase comes on the heels of several years of strong...

(October 18, 2011)
Restaurant Outlook Survey takes a forward view
With 18 million customers every day, the restaurant industry has its finger on the pulse of the economy. Few industries have such frequent and direct contact with so many Canadians. CRFA is harnessing this power with the first-ever...

(October 4, 2011)
Food costs continue to heat up
According to CRFA’s Restaurant Outlook Survey for July and August, more than seven out of 10 operators (76%) say that rising food costs are hurting business. These respondents also saw an average increase of 5.4% in food costs over...

(September 6, 2011)
Canada’s economy hits a speed bump
Canada’s economy contracted by an annualized 0.4% in Q2 of 2011 – the first quarterly decline since the recession in 2009. Analysts had expected flat economic activity in the second quarter following healthy gains in the first. A deteriorating...

(August 3, 2011)
Survey: Restaurateurs cautiously optimistic about the future
Canada’s restaurant owners are guardedly optimistic that the next six months will bring improved sales, according to CRFA’s first-ever Restaurant Outlook Survey. Results show that nearly 30 per cent of restaurants owners believe their same-store sales...

(June 7, 2011)
Canada’s food sector has a nourishing impact on economy and employment
The economic impact of food in Canada extends far beyond the contribution of just those industries that grow, process and distribute it, according to Valuing Food: The Economic Contribution of Canada’s...

(July 4, 2011)
Food prices continue to creep higher
Consumers paid 4.2% more for food at grocery stores in May 2011 compared to May 2010 according to Statistics Canada. Food prices have steadily increased over the past 12 months due to rising global food...

(June 3, 2011)
Foodservice sales moderate in the first quarter of 2011
What’s the most profitable province for a restaurant, bar or catering business? It’s Saskatchewan, with an average industry pre-tax profit margin of 7.2%, according to the latest data from...

(May 12, 2011)
Profit margins still highest in the Prairies
What’s the most profitable province for a restaurant, bar or catering business? It’s Saskatchewan, with an average industry pre-tax profit margin of 7.2%, according to the latest data from Statistics Canada’s...

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