OPERATOR SPOTLIGHT
Assessing the State of the Nation’s Foodservice Industry
By Bridget McCrea
Like many industry sectors right now, the foodservice industry is balancing challenges with new opportunities as it navigates its way out of the pandemic and begins to plan for the future. At the macro level, the ongoing labor shortages, supply chain disruptions and rising costs have been keeping operators up at night most of the year. More recently, interest rates, inflation and the possibility of a recession have been added to that list.
Specific to the foodservice sector, organizations
are also worried about pending legislation, Congress’ decision not to replenish the Restaurant Revitalization Fund, and other issues that could potentially impact their operations either this year or as we move into 2023. To learn more about the macro and micro trends that foodservice operators – and the distributors that fulfill their equipment,
THE SENATE’S REJECTION OF ADDITIONAL FUNDING FOR THE RESTAURANT REVITALIZATION FUND IS LIKELY TO STALL THE RECOVERY FOR MANY FOODSERVICE OPERATORS, BUT RESTAURANTS ARE ALSO MONITORING OTHER
LEGISLATION
THAT WILL AFFECT THEIR BOTTOM LINE, SUCH AS THE OCEAN SHIPPING REFORM ACT.
product and supply needs – are concerned about, FEDA invited three prominent foodservice industry leaders to share their views at the group’s upcoming conference.
FEDA is excited to welcome three industry leaders who are working on behalf of foodservice operators: Jot Condie, president and CEO of the California Restaurant Association; Michelle Korsmo, president and CEO of the National Restaurant Association; and David Cantu, newly appointed CEO of Black Box Intelligence, a data and analytics firm specializing in the foodservice industry. Together, these experts will discuss the trends, challenges and opportunities for a sector that was disproportionately impacted by the COVID-19 pandemic and that’s now squarely in recovery mode as diners return to their favorite eateries. Here’s a preview of what attendees can expect from this power session and some key insights into current trends and future prospects for the foodservice industry.
14 FEDA News & Views
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