The chain will have more stores outside of Canada than within in just a few years The ongoing internal feud at Tim Hortons between some franchisees and Restaurant Brands International, Inc. (RBI), Tim Hortons’ parent company, is nothing short of epic. For more than seven years, we have seen public accusations and a raft of…
Learning from the pros Learning from the Pros interviews professional entrepreneurs who are currently in the trenches growing their businesses. Through insightful conversations, we unpack their common business challenges and identify the lessons every business owner needs to learn so they can accelerate their own business growth. Learning from the Pros is produced by Amplomedia…
Many won’t survive
After a slew of confinements and closures, restaurants are still not out of the woods. Far from it. Over the past year in Canada, restaurant closures outpaced openings by a whopping 43 per cent. The industry is still shrinking. Inflation-adjusted food service sales will be around 11 per cent below 2019 levels by the time…
And thanks to the federal government beer could get even more expensive in 2023
With recent reports that people are out enjoying the weather, we could assume that everything is back to normal after the pandemic. But that’s not entirely true, especially for the beer industry. Total beer sales have dropped 7.3 per cent from last year, according to Beer Canada. Total beer sales are up in Newfoundland and…
The pandemic may have presented a golden opportunity for the industry to reflect on its future
Did we have too many restaurants before the COVID-19 pandemic? Did the pandemic only wipe out ‘extra’ restaurants in Canada? With the labour shortage, the cost of food ingredients exploding, and the list of regulations growing almost every year, making a restaurant profitable has become difficult. Certainly, the pandemic has presented a golden opportunity for…
The cost of monitoring for passports is something that small businesses neither want nor can afford
Requiring vaccine passports is bad news for small businesses that have already faced the brunt of COVID-19 restrictions and lockdowns. This new requirement that people wishing to be served at establishments like gyms, restaurants, bars, airlines, tourist attractions and concerts must give proof of vaccination is a troubling development for businesses are already struggling. The…
Living in fear is terrible and restaurants offer a great escape when Canadians can go out again, while taking proper precautions
As we inch toward a more normalized economy, the focus will be on how we can make people feel more comfortable about going out and about again. Our economy needs it and our food service sector desperately needs it – but it’s not going to be easy. In a survey conducted in mid-May by the…
Canada’s food service industry has suffered. But the pandemic may be exactly what it has been waiting for to make things better
It was certainly a year to be forgotten for the food service industry. Statistics Canada numbers told us this week that food service sales dropped a whopping 32 per cent from the fourth quarter of 2019 to the same period in 2020. The food retail/service ratio, a key metric to assess how important food service…
One of the most bizarre food stories of the year, other than the panic buying we witnessed in the spring, is this quasi-divorce between McDonald’s and Beyond Meat. When McDonald’s Restaurants recently announced its new McPlant products will be rolled out in 2021, Beyond Meat, which had been working with the fast-food chain, wasn’t even…
But the federal government and most provinces have failed to help the hospitality sector. Only New Brunswick is making a difference
The best way to get an economy going again is to get to Canadians’ wallets by way of their stomachs. But it’s a long road. Up to 25 per cent of restaurants in Canada have closed for the season and perhaps for good. The Canadian Chamber of Commerce expects 60 per cent of restaurants to…