The Food News Exchange Canada (FOODNX)
c/o Squall Inc.
P.O. Box 1484, Stn. B
Ottawa, Ontario, K1P 5P6

Restaurants spending big on tech and AI: Report

3 weeks ago

Restaurants spending big on tech and AI: Report

While many fast casual and quick service restaurants (QSRs) are embracing tech and AI, there remains a disconnect between how management and front-line staff perceive the success of these investments, according to a new industry report.

Foodtastic adds to lineup with Central Social Hall purchase

Restaurant brand owner Foodtastic has added a niche restaurant to its roster when it recently purchased Edmonton-based Central Social Hall. The company’s two Edmonton locations will be folded into Foodtastic’s stable that includes 27 brands and more than 1,200 establishments.

McCormick, Unilever merge food business units

Unilever Foods will join with spice manufacturer McCormick to create a new company, an arrangement between two firms which generated US$20 billion in combined 2025 revenue. Unilever will receive 65 per cent of the newly combined company’s equity.

Leyad buys portfolio of 7 grocery stores across Canada

Leyad has made its second major retail acquisition in two weeks, with the acquisition of seven single-tenant grocery stores leased to Loblaw Companies Ltd. The 387,000-square-foot portfolio was acquired from a private, U.S.-based vendor in an off-market deal.

Court approves UFA’s purchase of AgraCity

The Court of King’s Bench has approved the sale of the AgraCity Group to United Farmers of Alberta. The sale includes AgraCity’s generic crop protection registrations and Saskatoon packaging and labeling facility, delivery vehicles and its blending and distribution centre.

High Liner Foods lays off almost a tenth of workforce

The changes resulted in 35 departures from the organization, representing approximately nine per cent of High Liner Foods' North American office workforce. These actions are part of a broader set of initiatives already underway, the company announced.

Nortera to close frozen vegetable facility in Lethbridge

Nortera, a company specializing in the processing of canned and frozen vegetables, will close its Lethbridge, Alta. location due to a restructuring. The facility will close in June 2026 and will impact 70 employees.

More uncertainty for food, beverage manufacturers: FCC

Canada’s food and beverage manufacturers are expected to see modest sales growth in 2026, but weak demand continues, according to the latest Farm Credit Canada (FCC) Food and Beverage Report. It would mark the fourth consecutive year of falling volumes.

Hershey will return to classic recipe for all Reese products

Reese's Peanut Butter Cups have always been made with real milk or dark chocolate and peanut butter. But a small portion of products are now made with less chocolate. Hershey said it will switch to their "classic recipes" in 2027.

Food service equipment market to double by 2036

According to Future Market Insights, the global food service equipment market is entering a strong growth phase, projected to expand two times between 2026 and 2036 and is driven by modernization across commercial kitchens, hospitality chains and quick-service formats.

Government-run grocery stores are likely to fail

OPINION: Many years ago, socializing our food distribution system would have been dismissed. The industry operated largely out of sight. While the math is questionable, government entering the grocery business is no longer fringe. It is gaining traction.

Purebread Brands announces private placement

Purebread Brands announces a non-brokered private placement offering of up to 10,000,000 units at $0.15 per offered unit for up to $1.5 million. "This financing allows Purebread to accelerate our expansion into additional markets," said CEO, Christian Bullock.

Flowers Foods chief growth officer departing

Flowers Foods announced that chief growth officer Terry Thomas and the company have agreed that he will step down and his role will be dissolved. The chief growth officer position was created in 2023 to accelerate growth capabilities.

Shake Shack introduces new AI initiative

Shake Shack announced a new technology initiative to scale its digital, data and operational platforms as the company expands to 1,500 company-operated location. The project will modernize restaurant systems, launch its first loyalty platform and expand AI capabilities.

Dreyfus Ashby welcomes B.C. wineries to portfolio

New York-based wine and spirits importer Dreyfus Ashby announces the addition of three wineries (Mission Hill Family Estate, CheckMate Artisanal Winery and Martin’s Lane) from B.C. to its portfolio.

Animal protein market to reach almost $16 billion by 2032

The global animal protein ingredients market was valued at US$6,8 billion in 2018, and is anticipated to rise dramatically by 2032. The market is expanding steadily due to rising demand for protein-rich diets, among other things.

Industry Events