Industry Insights A roundup of noteworthy foodservice findings for the week of Feb. 8, 2021 - Winsight
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Industry Insights A roundup of noteworthy foodservice findings for the week of Feb. 8, 2021
I G N I TE C O M PAN Y
Buckets of Chicken
KFC U.S. SAME-STORE SALES
YEAR-OVER-YEAR CHANGE %
Boost Sales at KFC 9.0%
8.0%
7.0%
KFC achieved 8% U.S. same-store Outside of the U.S., annual same-store
sales growth for the quarter ended Dec sales for KFC decreased by 11% in
31, 2020, registering as the chain’s 2020 after rising 5% in 2019. 5.0%
largest quarterly increase since 2010.
Annual same-store sales rose by 5% in
2020, a meaningful improvement from
1% growth during the prior year.
Despite substantial competition from
chicken chains touting sandwiches and
wings, KFC found success in 2020 with
customers making larger, family-sized
orders. In particular, the chain’s buckets
of chicken were a popular menu item
for families looking to take a break from -3.0%
preparing food at home.
Q1 2020 Q2 2020 Q3 2020 Q4 2020 2020 Total
Sources: Technomic Ignite company data; Yum Brands Inc. Investor Relations
© 2021 Technomic, Inc. 2I G N I TE M E N U
DESSERT LIMITED-TIME OFFERS (JANUARY 2021)
Dessert Mashups Chain Concept
Very
Likely to
Purchase
Purchase
Intent Index
Score
Captivate Consumer Subway
Caramel Brownie Cookie
Made with brownie dough, chocolate and
caramel chunks, all topped with a
22% 138
Interest
caramel icing
Deep-Fried Brownie Supreme
We found this one at a state fair we
Throughout 2020, we saw an increase As operators continue to streamline happened upon and then made it our
own. Crispy on the outside and gooey on
in demand for comfort food options their menus during the pandemic, Lucille's
the inside, this Oreo cookie-battered,
featuring familiar ingredients and combining two or more classic desserts Smokehouse
lightly fried brownie is topped with vanilla
22% 137
indulgent flavors. It appears that this that are already on the menu (or whose Bar-B-Que
bean ice cream, strawberries, brownie
trend will continue into 2021, as the ingredients are already available in crumbles and a drizzle of chocolate
majority of the top five most-appealing, kitchens) in one dish could be an sauce. Served with a side of fresh
limited-time desserts tested in January opportunity for menu innovation. whipped cream for dipping
2021 are hybrids of classic sweet
It could be as simple as combining two
desserts (e.g., cookie-brownie On The Border Caramel Swirl Cheesecake
kind of cookies, such as branded cookie
mashups, etc.) Mexican Grill & Velvety cheesecake with a rich dulce de 21% 132
pieces atop a chocolate chip cookie (a
Cantina leche swirl and caramel sauce
According to Technomic’s 2019 Dessert la Great American Cookies) or trying a
Consumer Trend Report, 33% of different preparation style, such as
consumers said they found frying a cookie-battered brownie (a la Frozen Hot Chocolate
mashup/hybrid desserts to be Lucille’s Smokehouse Bar-B-Que). Great American Rich cocoa fudge blended with our world-
19% 119
Cookies famous soft serve and garnished with
appealing.
whipped topping
Original Chocolate Chip Premium
Great American Cookie
Notes: Concepts are evaluated on name and description alone; chain name is not shown. Index score based on top- 19% 116
Cookies Topped with Icing and Oreo cookie
box response within daypart/mealpart
Base: 22 dessert limited-time offers pieces
Source: Technomic Ignite menu data
© 2021 Technomic, Inc. 3I G N I TE C O N S U M E R
Beef and Pork HOW OFTEN DO YOU EAT ____ AT HOME OR A FOODSERVICE LOCATION?
Consumption Stays 4+ times per week
10%
19%
Strong 2-3 times per week
16%
28%
70%
Weekly consumption of beef and pork
has held strong during COVID-19. Beef
22%
In fact, there is a very slight increase in Once a week Pork
eat beef at least once a week 23%
weekly pork consumption, up from 47%
in 2018.
The wide accessibility of beef and pork
at retail and foodservice locations alike,
49% Once every 2-4 weeks
18%
27%
especially amid streamlined menus and eat pork at least once a week
supply chain disruptions in the onset of
COVID-19, likely led to consumers 6%
gravitating toward these long-standing Less often than once a month
12%
and comforting proteins.
6%
Never
12%
Base: 4,253 consumers ages 18+; includes terminates
Source: Technomic Ignite consumer data featuring the Technomic 2021 Center of the Plate: Beef & Pork Consumer
Trend Report
© 2021 Technomic, Inc. 4G L O B AL F O O D S E RV I C E N AV I G ATO R
Chains Plan New
Restaurants in 2021
While the pandemic continues to Pizza Hut intends to start opening
dampen hopes of near-term recovery, kiosks inside Euro Garages c-stores.
many established operators are plotting
India
significant unit expansion for 2021.
Domino’s operator Jubilant FoodWorks
Mexico
wants to open 110 units in the coming
Store growth is on the menu in this year and has upped its unit forecast for
important market for many American India from 2,000 prior to the pandemic
chains. Fresh off opening its 300th to 3,000 now. McDonald’s is eyeing a
location, Carl’s Jr. wants to add another return to pre-pandemic expansion rates
25 this year. KFC wants to expand its by next quarter, with 25 to 30 units
more than 430 units by another 30 in planned by 2022 in the west and south.
2021.
Keep up to date on chain developments
Australia with our quarterly global Operator
Briefings, providing the industry’s most
While a handful of cases led to recent
comprehensive digest of international
local lockdowns, Australia is faring
foodservice news spanning corporate,
relatively well. Chicken Treat, the
expansion, tech and M&A across 25
country’s No. 5 chicken chain, plans to
countries.
open 20 units in the next few years. Carl’s Jr. announces 300 restaurants in Mexico on its
Instagram
Image Source: Carl’s Jr. Mexico Instagram
Source: Technomic Global Foodservice Navigator Program
© 2021 Technomic, Inc. 5COVID-19 DISRUPTION INDEX
COVID-19 Disruption Index is Change Versus Previous Week and
powered by Shortest Track, utilizing AI, Month
machine learning and disparate sets of Change versus previous week/month
data resources to quantify the potential allows users to see if the market is COVID-19 PERCENT PERCENT
TOP 5 MOST DISRUPTED MARKETS
risks that U.S. businesses face from the becoming more or less disrupted over DISRUPTION INDEX CHANGE CHANGE
BY INDEX POINT CHANGE
spread of the COVID-19 virus at the time. Changes that are positive (+) (VERSUS PREVIOUS WEEK)
(MAX: 1.00, HIGH VERSUS VERSUS
DISRUPTION) LAST WEEK LAST MONTH
market level. show a move toward becoming
increasingly more impacted by COVID-
The highest index possible is 1.00, 19 (not good). Changes that are
which is not good and reflects markets negative (-) show a trend toward being 1 Casper, Wy. 0.073 18.79% 62.47%
that are extremely disrupted. The index less impacted by COVID-19 (good).
is updated on a weekly basis.
Ignite Subscribers: Download full Staunton-Waynesboro,
2 0.410 2.49% 9.87%
The COVID-19 Disruption Risk Index market report Va.
shares weekly updates through a Hilton Head Island-
business lens, rather than a health lens, 3 0.187 5.39% 21.92%
Bluffton-Beaufort, S.C.
and incorporates more than 20 different
data signals to measure disruption and
4 Columbia, S.C. 0.316 3.06% 12.99%
predict future impact. These signals
include infection rates, deaths, state-
level restrictions and social distancing 5 Glen Falls, N.Y. 0.512 1.85% 8.25%
requirements, population densities and
mobility, group size limitations and
lifestyle risk factors contributing to
spread. More information is available
HERE.
Notes: Data updated Jan. 25, 2021
Source: Shortest Track
© 2021 Technomic, Inc. 6WAN T M O R E I N S I G H T S ?
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