Market Update—Feb 6th to 19th, 2019

At  ChefHero we’re all about sharing the great insights we come across on a weekly basis.

Top restaurant trends to expect in 2019. Embracing local to attract ‘Food Tourists’. The hottest restaurants in Chicago. Check out this week’s roundup of the best stories we found to keep you aware, informed and successful, or read on first for the latest produce market pricing news.

Produce Report

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Product of the Week

⇣ 20%

Red pepper prices have fallen again this week. Take advantage of the price drop!

Pricing trends are an aggregate of all our vendors.

What information are we basing this report on? Our team is always in contact with our network, from our dedicated suppliers, to our own reps with their ears on the street. 

 

Weekly Savings 

 
Green Zucchinis
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⇣ 10%

Yellow Peppers
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⇣ 10%

Broccoli Crowns
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⇣ 9%

 

Pricing Alerts

 
Celery
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⇡ 6%

Large Potatoes
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⇡ 5%

Baby Arugula
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⇡ 3%

 

What's in Season Right Now? 

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Market Updates, News, and Trends

 

1) These 2019 Restaurant Trends Are Coming to a Concept Near You

In recent years, there has been an increase in diner demand for delivery, experimentation with new business models, an emphasis on sustainability and hyper-local ingredient sourcing, and even fermented foods making their way onto plates and into cocktails across the country.

Based on their research, the Toast team has reported on the top 2019 restaurant trends you can expect to landfall in 2019.

2) 5 Reasons Why Embracing Local Sourcing Attracts ‘Food Tourists’ and Grows Profits

In 2017, the United Nations World Tourism Organization reported that “88.2% of destinations consider food a strategic element in defining its image and brand.” Seeing as Toronto and Chicago are popular tourist destinations, it’s important that your menu and marketing strategy doesn’t ignore the ‘food tourist’ demographic.

It’s also important to note that food lovers spend about 25% more when travelling than any other traveler. To learn more about how (and why) you can attract this demographic, check out this recent article by Restaurants Canada.

3) The Hottest Restaurants in Chicago Right Now

This regularly changing article from Eater is an awesome resource for Chicago-based restaurants for two reasons:

  1. If you’re featured, it’s a great marketing tool for you to share with your audiences. Let them know that their love for you is “on trend” with the rest of the city.

  2. It’s also a great piece of free marketing. Food lovers in Chicagoland, as well as ‘Food Tourists’ will catch wind of your establishment and increase your guest count for the days and weeks to come!

At the very least, it’s worth bookmarking for some great inspiration. And don’t worry Toronto (where we know a ton of our readers are from), Eater has some great rotating coverage of you as well : )

Check back in two weeks for another update!

Graeme Benko Headshot
Graeme Benko
Vendor Success Manager
ChefHero