Article Abstract:
Canada's steadily improving economy has created a promising business outlook for the nation's foodservice industry. The Canadian Restaurant and Foodservice Assn estimated that total foodservice sales reached C$36.3 billion in 1999, an increase of 4.1% over the 1998 level. The trade association also expects total foodservice sales in 2000 to increase over the 1999 figure by 5.2% to C$38.2 billion. Franchised firms are especially well positioned to exploit Canada's more favorable economic conditions.
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Article Abstract:
A survey by 'Foodservice and Hospitality' magazine of 157 restaurant chain and independent operators focused on what customers wanted most from suppliers and distributors. Price, service and product availability emerged as the top three reasons for selecting a supplier. A substantial number of operators also mentioned strong merchandising support, product sample availability and access to related industry technology. Operators likewise cited ethnic and specialty foods as part of an extensive product range and the convenience and quality of local sources.
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Article Abstract:
The Canadian food service industry is projected to post C$36.2 billion in sales in 1998, up by 4.1% or 2.2% accounting for inflation rate of 1.9%. The industry had a 5.1% growth rate in 1998. The uptrend is expected to continue in 2000, with total sales projected to grow by 5.2% (3.2% accounting for a 2% inflation rate) to C$38.1 billion. Foodservice market also inched up to 39.3% in 1998 while bankruptcies fell to 1,467 during the period.
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