Foodservice Equipment Reports has revised it forecasts for growth of manufacturers’ sales of foodservice equipment and supplies in North America for 2011 and ’12. The revisions update forecasts made last July in preparation for the magazine’s annual Presidents Preview E&S Market Forecast meeting.The forecast for 2011 has been increased to current-dollar growth of 4.7% from…
MOREVisits to restaurants in the United States have remained essentially flat for the first three quarters of 2011, NPD Group reported Dec. 6, though small increases in check averages have boosted overall spending slightly each quarter. The Port Washington, N.Y.-based consumer research firm, which tracks traffic, check averages and a host of other data through…
MOREUnfortunately, the one-month moderation in October of increasing wholesale food prices—and overall producer prices—didn’t hold. Wholesale food prices at the “finished” stage jumped another 1% in November, according to data from the Bureau of Labor Statistics’ Producer Price Index. And prices at the “intermediate” and “crude” stages also rose, 1.9% and 0.5% respectively, after falling…
MOREAccording to Technomic Inc.’s annual study, the “Power Distributor Report: The Top 15,” while the foodservice industry as a whole barely managed to grow in `10, the top 35 foodservice distributors combined sales rose 5% last year. The study does not include or cover E&S distributors, nor does it include cash and carry distributors and…
MOREThe holidays are still ahead, but after the gifts are put away and the decorations come down, tax season arrives. Many companies will save money through the benefits of the faster depreciation schedule and write-offs for foodservice equipment under the 2010 Small Business Jobs Act and Tax Relief programs, both concluding at the end of…
MOREExecutives from some of the country’s largest chains met at a
MOREA new year means a clean start. In the Golden State, Jan. 1 will find health inspectors starting to enforce one of the country’s most comprehensive food safety laws. That’s the official start date for the California Food Handler Card law, which mandates food handlers who work in a restaurant ( or retail food establishment)…
MOREAustralia-basedMiddleby Corp., is joining forces with
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