Foodservice Outlook Improved Worldwide In Second Quarter; China Booms
While most major global foodservice markets continued to experience negative traffic trends, increased spending per visit had some markets returning to positive sales growth, according to second-quarter data from NPD Group.
Jobs Growth Mixed In September
Jobs growth remained sluggish in September, the Bureau of Labor Statistics reported Oct. 8. Total nonfarm payroll employment fell by 95,000, as government employment dropped by 159,000. The private sector added 64,000 jobs. The... »
Food-Price Jumps Push Price Indexes Higher In September
Strongly higher food prices at both the wholesale and consumer levels helped push both the Consumer Price and Producer Price Indexes higher in September, the Bureau of Labor Statistics reported last week.
After declines four of... »
Most Macroeconomic Forecasts Hold Steady
After several months of declining forecasts, the economic outlook for the U.S. mostly stabilized in this month’s consensus forecasts from Blue Chip Economic Indicators. The more than 50 major economic forecasting groups the... »
FER E&S Market Forecast Available
Foodservice Equipment Reports E&S Market Forecast package is available for purchase for $449. Purchasers will receive the entire seven-section forecast, including detailed data and analysis of economic and operator trends,... »
L.A. Goes With Letter Grades For Food Trucks
It’s been years of diner beware for food truck fans left questioning the literal meaning of roach coach. Now, it looks as though health-department letter grades are coming to food trucks in Los Angeles County.
Last week, the... »
D.C. Grilling Fumes Update
Now here’s a case study on just how crucial spec’ing and placement of the right ventilation system is to a foodservice operation. In August, we told you about the court battle between a popular Washington, D.C. burger joint and a... »
McD’s And Others Get Healthcare Waiver
Quick update on McDonald’s and healthcare: The burger giant and 29 other companies that provide very limited health insurance benefits to nearly one million workers have been granted 1-year waivers by the federal government from... »
Food Safety Bill Languishes In D.C.
The clock is ticking, mid-term elections are nearing, and it doesn’t look likely that the federal food safety bill that’s been gathering dust in the Senate is going to go anywhere soon.
Despite broad bipartisan support, S.510... »
FER Presents Industry Service Awards
Foodservice Equipment Reports has announced the winners of its annual Industry Service Awards. The annual awards, presented since 2005, honor those who have made substantial, sustained contributions not just to their own firms... »
MAFSI Announces 2010 Officers, Award Winners
It was a busy few days in San Antonio for members of the Manufacturers’ Agents Association for the Foodservice Industry. The group held its 45th annual conference there late last month, where 300-plus attendees saw Michael... »
Ali Group Buys Edlund
The Edlund Co., a leading maker of commercial foodservice equipment and smallwares, has been acquired by Ali Group, joining the Italian company’s large stable of foodservice equipment manufacturers.
The acquisition was publicly... »
Duray Buys Baring
In a deal that combines two powerhouse dealer bid houses, Duray/J.F. Duncan Industries has purchased Baring Industries, a Ft. Lauderdale, Fla., subsidiary of Electrolux Professional. Duray is headquartered in Downey, Calif. Duray... »
Korea’s Dipo Induction Establishes HQ In Ohio
Dipo Induction, a South Korean maker of induction cooking and warming equipment, has established North American operations in Troy, Ohio. Dipo Induction USA Ltd. is headed by 35-year Hobart veteran Kurt Wacker, CFSP. “Dipo... »
Homer Laughlin, Hall Under Common Ownership
The names stamped on the plates are still the same, but Homer Laughlin China Co. and Hall China Co. have joined forces and are operating under common ownership.
Since late spring, the two china manufacturers have operated as... »
Ruby Tuesday Licenses Lime Fresh
One of the biggest casual-dining chains is entering the fast-casual segment. Ruby Tuesday has inked a deal to open and operate up to 200 fast-casual Mexican restaurants.
Ruby Tuesday signed a licensing agreement in mid-September... »
Red Mango Looks South For Growth
Red Mango, the South Korean-owned frozen yogurt and fruit smoothie chain, continues to expand south of the Mason-Dixon Line. Over the summer, the chain announced franchise agreements that would bring five units to Georgia and... »
California Enacts Food Handler Legislation
The Food Safety Modernization Act and Child Nutrition Act are both languishing in Washington, victims of intraparty fighting and the looming mid-term elections. But a few things are getting done on the state level. Last... »
McD’s Has A Beef With Healthcare Costs
McDonald’s is refuting a story in the Sept. 30 Wall Street Journal that it will drop health insurance for its employees. In a statement posted on the company’s corporate website, Steve Russell, senior v.p and chief people officer... »
Boiling Over Grilled Chicken, KFC Franchisees Sue Yum!
The power of franchise owners versus a franchisor’s authority is under debate in two states as franchisees for two separate Yum! Brands concepts are suing the company.
Some KFC franchisees are sticking a fork in the grilled... »
EPA, Energy Dept. Plan Energy Star Conference Call
Last fall, the Environmental Protection Agency and the Department of Energy launched the Partnership on Energy Efficiency in Buildings and Products. Now they are looking for input on energy efficiency and enhancing the Energy... »
Public E&S Companies Return To Growth In Second Quarter
Strong gains by Rational Americas, Manitowoc Foodservice and Middleby Corp. pushed blended sales of the public equipment and supplies companies into positive territory in the second quarter, with combined revenues up 0.7%. It was... »
Technomic Forecasts Fourth Year Of Real Declines For Operators in 2011
Technomic Inc. predicts foodservice real operator sales will fall 0.3% next year, an unprecedented fourth consecutive year of real sales declines. The Chicago-based research group unveiled the numbers Sept. 23 during the annual... »
NRA’s Performance Index Flat Again in August
The slightest possible gain in the National Restaurant Association’s Performance Index couldn’t mask the fact that the restaurant industry continues to struggle. The index rose only 0.1 point to 99.5. It’s the fourth consecutive... »
Traffic Declines Slowed In Second Quarter, NPD Reports
Restaurant traffic fell 1% in the second quarter versus the same quarter last year, according to NPD Group’s CREST research. It is the eighth consecutive quarter of traffic declines according to the Port Washington, N.Y.,... »
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