Industry Insights A roundup of noteworthy Canadian foodservice findings for the week of Aug. 23, 2021 - Winsight
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Industry Insights A roundup of noteworthy Canadian foodservice findings for the week of Aug. 23, 2021
Drive in-store traffic Consumer habits and preferences are evolving. Technomic’s Convenience-Store Membership will show you how to satisfy consumer needs and win sales today! info@technomic.com | technomic.com © 2021 Technomic, Inc.
I G N I TE C O M PAN Y MTY Global Posts MTY GLOBAL YEAR-OVER-YEAR TOTAL SYSTEM SALES Improved Q2 Results 33% After a rocky 2020, MTY Global MTY’s digital sales also increased, reported a system sales increase of making up 27% of Canada’s total 33% in Q2 2021 compared to the same system sales, up from 20% the year period the year prior. The group largely prior. Digital sales for all North America owns mall-based restaurants in Canada grew from $146.9 million in Q2 2020 to but has a large international footprint in $203.4 million during the same period the U.S. and other international of 2021. markets. While system sales were up 24% in the U.S. and 38% internationally, Canada’s system sales jumped 56% from the year prior. Though many more MTY -13% Canada locations had reopened by Q2 -17% 2021, they still reported 283 temporary closures in Canada at the end of the -24% quarter. Q3 2020 Q4 2020 Q1 2021 Q2 2021 Sources: Technomic Ignite Company © 2021 Technomic, Inc. 3
I G N I TE M E N U Operators Differentiate Themselves in Chicken Sandwich Wars It’s no secret that chicken sandwiches Another unique take is to mash up have exploded on menus and in the chicken sandwiches with indulgent media recently. Lately, many operators mushroom melts. Fatburger Canada have been adding more unique recently rolled out a limited-time Fried versions in order to differentiate Chicken Mushroom Melt, with breaded themselves. fried chicken tenders, Canadian cheddar, grilled mushrooms, maple One way to stand out is by adding bold bacon and mayonnaise on a seeded flavours, as Pizza Pizza did with its new bun. sandwiches served on toasted brioche- style buns. The Creamy Garlic Chicken An alternative iteration is introducing Sandwich features breaded chicken the chicken sandwich craze into the breast with pickles and garlic sauce, breakfast daypart. McDonald’s Canada and the Spicy Sriracha Mayo Chicken recently launched a Spicy Habanero Sandwich tops a breaded chicken Chicken McMuffin, featuring a breaded, breast with pickles and a secret spicy seasoned chicken patty with spicy sauce. habanero sauce and cheddar cheese on a toasted English muffin. Chicken tender sandwich with lettuce, tomato and guacamole Image Source: Shutterstock Source: Technomic Ignite Menu © 2021 Technomic, Inc. 4
I G N I TE C O N S U M E R BEST-IN-CLASS FSR BRANDS FOR OVERALL TAKEOUT CAPABILITIES Overall Takeout TOP BOX=% VERY GOOD Capabilities Continue Toujours Mikes 59.0% to Drive FSR Dining Scores Rotisserie & Ribs 58.7% Decisions St-Hubert 58.0% Montana's BBQ & Bar 56.4% Although restaurants have begun to Whether it is takeout packaging, zero- reopen their dining room doors, overall contact delivery and carryout, portability takeout capabilities continue to be a of menu items or even availability of priority for many Canadians. adult-beverage options, full-service Swiss Chalet 55.3% operators can learn from these best-in- In the year-ending Q2 2021 period, class brands, rated highly by recent seven in 10 consumers (71%) say that guests for “overall takeout capabilities.” “overall takeout capabilities” are important or very important when The Keg Steakhouse + Bar 55.3% selecting a full-service restaurant for an occasion. This represents an increase of 12 percentage points from the same FSR Chain Avg. 50.7% period one year ago. Base: Varies; 400-700 recent guests per brand Source: Technomic Ignite Consumer brand ratings data, Q3 2020-Q2 2021 © 2021 Technomic, Inc. 5
G L O B AL F O O D S E RV I C E N AV I G ATO R # OF NEW MENU ITEMS ADDED PER CHAIN DURING 2020 LTO Battle: 26.1 Europe Edition 19.5 Menu development is crucial to drive Up next is the U.K., where quick serves traffic and brand excitement, but the and CDRs alike rely heavily on product quantity of new products can vary development as a traffic driver. widely by country. 13.3 France, Germany and Spain all came in Our latest LTO battle takes us to below the market’s average, with the Europe. Findings are based on the latter most impacted by pandemic- average number of new products related shutdowns in 2020. 9.5 launched by leading chains over a year It’s key for suppliers and operators to from our monthly tracking. 7.0 understand the importance of product To set our baseline, key chains across development in a given market as it Europe overall averaged about 13 new indicates how competitive the local 4.2 items during 2020. landscape is and how important it is to stay on top of emerging trends. Russia led the pack, far outpacing all other countries due in large part to Technomic tracks LTO activity across several casual-dining restaurants 25 markets globally and publishes data (CDRs) launching widescale menu in its annual Country Reports. France Germany Russia Spain U.K. Europe refreshes during the year. Average Note: 150 menus tracked monthly across Europe in France, Germany, Russia, Spain and the U.K. from January 2020 to January 2021 Source: Technomic Global Foodservice Navigator Program © 2021 Technomic, Inc. 6
WAN T M O R E I N S I G H T S ? Since 1966, we have You can get this Ignite Company Ignite Menu produced in-depth See where restaurant chains Pinpoint the latest menu trends report delivered to are, how many units they have and see what’s on the horizon. research focused on the you bi-weekly! and how well they’re doing. Explore>> Explore>> foodservice industry. Sign up here>> We provide insights into consumer, industry and menu trends in the U.S., Canada and 23 countries around the world. Our team of experts helps leaders Ignite Consumer Global Foodservice in the industry make complex Get to know your customers’ Navigator business decisions, set strategy customers through 60+ attributes Understand the global industry, and stay ahead of the curve. and visit occasion metrics. from menu trends to consumers, Explore>> in 25 countries. Explore>> Have questions about this report? Reach out to us today. 312-876-0004 info@technomic.com technomic.com © 2021 Technomic, Inc.
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