4 Key Takeaways From McDonald’s Q4 Earnings

By FER Edit

Growth plans, digital opportunities and inflation were just a few of the points McDonald’s leaders covered in a Q4 earnings call with investors on Jan. 31. Here are some highlights: McDonald’s plans to spend up to $2.4 billion in capital expenditures this year, with half the amount allocated to new units. The chain says it…

Vollrath Int’l Plots Broader Market Reach

By FER Edit

Amid leadership changes abroad, the manufacturer announced a new global product collection.

Dine Brands Debuts New Combo Abroad

By FER Edit

Plans are in the hopper for at least four more dual-branded restaurants in the Middle East.

Meet Alto-Shaam’s Newest Hire in the Southeast

By FER Edit

Tamara Scott will manage and develop relationships with dealers, consultants and major manufacturer reps.

In Memoriam: James Augustus O’Brien Jr.

By FER Edit

O’Brien Jr. worked in the foodservice industry up until his retirement in 2022.

Papa Johns Brings Kiosks, More to 8 International Stores

By FER Edit

Papa Johns’ international restaurants are keeping up with the times, and with some of their North American counterparts, through a new design announced this week. The first of eight international stores to feature the new design is open in China’s Hubei province, while seven other locations—in Jordan, United Arab Emirates, Saudi Arabia and Kenya—are currently…

TriMark Adams-Burch Promotes Three Individuals

By FER Edit

The Maryland-based dealership has named a vice president of equipment and design and several sales directors.

MAFSI Remembers Corky Pike of Johnson Pike & Associates

By FER Edit

A management path with Howard Johnson’s helped open Pike’s future in the restaurant and foodservice sector.

Manufacturers: Proposed DOE CRE Standards Could Impact Service Side

By Lauren Coughlin

Keeping an eye on the horizon—with looming changes by the Department of Energy to commercial refrigeration equipment energy efficiency standards—NAFEM shared the results of a recent member survey in a Jan. 24 webinar. About three dozen tuned in. The survey, which also relied on input from members of the Air-Conditioning, Heating, and Refrigeration Institute (AHRI)…

Buying Group Welcomes Six New Dealer Members

By FER Edit

Group helps dealers by leveraging buying power and discounts from manufacturers, plus marketing and training support.

Frozen Dessert Machine Maker Names Customer Care Director

By FER Edit

Joe Takhar will ensure a quality customer experience through these three components.

Restaurant Sales Fall but Consumers Still Interested

By FER Edit

Consumer spending trended lower as 2022 wrapped up, “flashing a potential warning sign for diminished consumer activity in the months ahead,” according to research posted Jan. 18 from the National Restaurant Association.