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Food industry

New technology helped restaurants through the pandemic. But when it crashes, they're "shafted."

by Justin Ho
Jul 28, 2022
Demand for modern point of sale systems exploded as businesses embraced contactless payment. But some have found reliability problems.
The dollar volume that point-of-sale systems handle for small businesses has been growing 30% annually, according to analyst Lisa Ellis.
David Becker/Getty Images
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Economic Pulse

Sales are up for this artisanal biscuit maker, but inflation is taking a huge bite

by David Brancaccio , Jarrett Dang and Meredith Garretson
Jul 25, 2022
Ingredients are up 30%, says Carrie Morey of Callie’s Hot Little Biscuit in South Carolina. But passing along costs poses other problems.
"At the end of the day, sales being up are great, but if you're not making money, it creates a whole new set of problems," says Carrie Morey, founder and owner of Callie's Hot Little Biscuit in Charleston, South Carolina.
Courtesy Libba Osborne
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Chewing over the Kellogg Co. split: why now?

by Meghan McCarty Carino
Jun 21, 2022
One company will focus on snacks, another breakfast cereals and a third will explore the new sector of plant-based foods.
One of the food giant's proposed companies will focus on cereals.
Bill Pugliano/Getty Images
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Why Russia's invasion of Ukraine is likely to raise costs for restaurants and food manufacturers

by Justin Ho
Mar 21, 2022
Russia has nickel. Nickel is a component of some stainless steel. And restaurants, food manufacturers, and breweries need stainless steel.
Nickel's volatile price can affect the food industry, as nickel is a component of stainless steel – an essential facet of the industry.
mofles / Getty Images
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Oil prices surge — vegetable oil, that is

by Nick Wilson
Feb 17, 2022
Soybean, palm and canola oils are going up, driven by extreme weather and strong demand. You'll notice it at markets and on menus.
Vegetable oil prices are at an all-time high, according to the United Nations Food and Agriculture Organization. The increase is spurred partly by extreme weather.
Juanmonino/Getty Images
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Former restauranteur manages challenges with sauce business venture

by Reema Khrais and Minju Park
Dec 24, 2021
Kiki Aranita turned to focus efforts on growing the Poi Dog Sauces brand after she decided to close her Philadelphia restaurant during the pandemic.
After closing her Philadelphia restaurant, Kiki Aranita launched a sauce company called Poi Dog Sauces.
Poi Dog
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My Economy

Food tour company struggles to regain ground as restaurants recover

by Minju Park
Nov 19, 2021
Megan Bucholz, founder of Local Table Tours, watched her business grow for a decade. Then the pandemic closed everything down.
Megan Bucholz is the founder of Local Table Tours, which offers guided walking tours exploring the food scenes in Denver, Boulder and Fort Collins, Colorado.
Courtesy Megan Bucholz
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The holidays are a good time to be in the baklava business

by Andie Corban
Nov 15, 2021
Rita Magalde, owner of Sheer Ambrosia, is shifting to working full time on making and selling her confections ahead of the holidays.
“It’s going to be a long two months," said Rita Magalde about what's likely to be a hectic holiday season for her bakery, Sheer Ambrosia.
Armend Nimani via Getty Images
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How companies disguise rising food prices

by Kristin Schwab
Jul 20, 2021
Manufacturers and retailers change packaging and use displays and discounts to distract from higher costs.
The cost of food has gone up, but grocers and manufacturers sometimes use tactics that make price jumps less noticeable.
Mario Tama via Getty Images
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Pandemic or not, consumers have an appetite for sweet snacks

by Matt Levin
May 17, 2021
The snack industry is seeing inflation, so you may have to pay a higher price for those cupcakes.
A stack of boxes of Twinkies, Hostess' most popular product, sits on a grocery store shelf. Hostess went public today, after years of financial strife and transformation.
ROBYN BECK/AFP/Getty Images
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