Food Business News - April 10, 2012 - (Page 32)

Restaurant operator optimism on the rise Restaurant Performance Index stays above 100 for fourth consecutive month WASHINGTON — The National Restaurant Association’s February Restaurant Performance Index (R.P.I.) held above 100 for the fourth consecutive month, indicating an optimistic market outlook amongst restaurant operators. For February, the R.P.I. registered 101.9, an increase of 0.6% compared to January’s level of 101.3. “Buoyed by continued gains Riehle, senior vice-president of the Research and Knowledge Group for the association. “In addition, restaurant operators are bullish about sales growth in the months ahead, while their outlook for the economy remains cautiously optimistic. “Perhaps the most positive indicator is the optimistic outlook for staffing levels in the months ahead. Only 7% of restaurant industry and features two components, a current situation index and an expectations index. The current situation index stood at 101.9 in February, an increase of 1.3% when compared to January. Restaurant operators reported positive same-store sales for the ninth consecutive month in February, bolstered by an extra day in February as a in January. In comparison, just 18% of operators reported lower same-store sales in February, down from 26% who reported similarly in January. The expectations index, which measures restaurant operators’ six-month outlook, was 102 in February — essentially unchanged from January’s level of 102.1. February marked the sixth consecutive 104 103 102 101 100 99 98 97 Values greater than 100 = Expansion; Values less than 100 = Contraction 96 July July July July July July July July July July 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Source: National Restaurant Association Restaurant Performance Index Restaurant operators’ outlook for sales volume in six months versus same period year ago 53% 40% 41% 51% 53% 7% 39% 37% 19% 16% 23% 33% 23% 35% 15% 12% July 2011 Aug. Sept. Oct. Nov. Dec. Higher sales in six months Jan. Feb. March 2012 Lower sales in six months Source: National Restaurant Association, Restaurant Industry Tracking Survey in national employment and an extra day in February as a result of Leap Year, a solid majority of restaurant operators reported positive same-store sales and traffic results,” said Hudson restaurant operators expect to reduce staffing levels in the next six months, the lowest level in nearly eight years.” The R.P.I. is designed to be a representation of the result of Leap Year. Sixty-three per cent of restaurant operators reported a same-store sales gain between February 2011 and February 2012, up from 56% who reported a sales gain month that the expectations index stood above 100, which represents an optimistic outlook among restaurant operators for business conditions in the months ahead. FBN all natural Our new all-natural pigments can be used to replace FD&C lakes in tablets, coatings, panned confections, rubs, sauces, and more. Food Ingredient Solutions, LLC. Tel: 201-440-4377 • 32 FOODBUSINESS NEWS 7% ® April 10, 2012 9%

Table of Contents for the Digital Edition of Food Business News - April 10, 2012

Food Business News - April 10, 2012
F.D.A. rejects petition to ban bisphenol A
Finding savory flavors around the world
Prospective corn plantings at highest level since 1937
Table of Contents
Web Contents
Editorial - Steve Jobs as enticing model for food industry
Investment plans call for Burger King to go public
Consumers seeking deals to return to restaurants
General Mills ahead on product nutrition profile improvements
Test for milk allergens not as effective as thought
Craig Bahner to join Wendy’s as c.m.o.
Gluten-free offerings boost global snack introductions
Warne to lead Perkins and Marie Callender’s
Rich Products buys Canadian frozen dessert company
Michigan retailer acquires dairy production capacity
PepsiCo and Tingyi Holding finalize beverage alliance in China
US Foods acquires specialty importer
Market for food bars reaches $5.7 billion
Misinformation impacts beef demand
C.D.C. vitamin, nutrient data show progress
Burger King rolls out whopper of a menu change
Soup, salads showing strength on the menu
Daniel Saw to lead Campbell’s Asia business
Restaurant operator optimism on the rise
Market Insight - Prospective corn plantings at highest level since 1937
IFT Wellness 12 - Transparency vs. simplicity
Flavor Trends - Finding savory flavors around the world
Ingredient Innovations - Caramel color concerns prompt change
Colors by nature
New Food Products
Ingredient Market Trends
Ingredient Markets
Supplier Innovations and News - Egg replacer sales look to grow for Arla
Supplier Innovations and News - Systems reduce sodium in meat
Supplier Innovations and News - Perform spray drying tests in a single operation
Supplier Innovations and News - DuPont offers guar gum alternatives
Supplier Innovations and News - Pea protein enhances chocolate
Supplier Innovations and News - Barry Callebaut profits slip while sales rise
Supplier Innovations and News - Caramel color has more intensity
Supplier Innovations and News - Stabilize freeze-thaw products
Ad Index
Food Business in the News

Food Business News - April 10, 2012