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People in the hospitality industry want to stay in Asheville and want the food and service industry back and better than before, even if the route to get there is a little hazy now.
The US restaurant industry was projected at $899 billion (~$1.04 trillion in 2023) in sales for 2020 by the National Restaurant Association, the main trade association for the industry in the United States. [2] [3] An estimated 99 percent of companies in the industry are family-owned small businesses with fewer than 50 employees. [4]
The food system, including food service and food retailing supplied $1.24 trillion worth of food in 2010 in the US, $594 billion of which was supplied by food service facilities, defined by the USDA as any place which prepares food for immediate consumption on site, including locations that are not primarily engaged in dispensing meals such as recreational facilities and retail stores. [2]
Quick-service restaurants embraced it first, with McDonald’s $5 meal deal and Burger King’s $5 combo offering consumers the exciting prospect of value (fast food had, by June, already begun to ...
Nation's Restaurant News (NRN) is an American trade publication, founded in 1967. [1] NRN covers the foodservice industry, including restaurants, restaurant chains, operations, marketing, and events.
UBS: Online food delivery market will grow from $35 billion globally today to $365 billion by 2030. The growth will be fueled by the rise of online grocery shopping, meal prep kits, and online ...
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The COVID-19 pandemic significantly disrupted food supply chains around the world, disrupting distribution channels at the consumption and distribution stages of the food industry. A rise in fuel and transport prices further increased the complexity of distribution as food competed with other goods.