In Memoriam: Rep Joseph Byrne

Posted in

Longtime member MAFSI member Joseph Byrne, founder of Byrne & Associates, has died. He was 87. Byrne founded his manufacturer’s rep firm in 1970, and remained an active member of MAFSI until his retirement from the Fairfield, Ohio, company in the late 1990s. Survivors include two sons and three stepchildren. Services have been held. In…

MORE

Roy Hook, Wendy’s Equipment Guru, Retires

Posted in

Roy Hook, Manager of Equipment Development at The Wendy’s Co. and a pioneer in quick-service cooking equipment engineering and design, has retired after 35 years with the chain. Over his career, Hook worked closely with a broad spectrum of foodservice equipment manufacturers and vendors. He invented the Dublin, Ohio, chain’s current hamburger cooking system and…

MORE

Wholesale Food Prices Fell Again, But Operators Keep Raising Menu Prices

Posted in

One of the factors that has fueled the growth of foodservice equipment and supplies purchasing during the past year has been dropping food prices at the wholesale level. The Bureau of Labor Statistics and the National Restaurant Association reported another 1.2% decline in March, based on data from the Producer Price Index. It was the…

MORE

Consumer Confidence And Restaurant Sales Fall Slightly

Posted in

The first-quarter blahs—a feature of the U.S. economy almost every year since the end of the Great Recession—are upon us again this year. Consumer sentiment, as tracked by the University of Michigan’s Surveys of Consumers, edged down again in the mid-month reading in April, while eating and drinking place sales fell in March, too. The…

MORE

Growth Of State Tax Receipts Slows, Local Tax Receipts Improve

Posted in

The growth of state tax receipts slowed in the third quarter of 2015, according to data from the Nelson A. Rockefeller Institute of Government, Albany, N.Y. Year-over-year tax-receipt growth for the third quarter rose 3.8% following increases of 6.9% in the second quarter ’15 and 5.1% in the first quarter. What’s more, the Institute expects…

MORE

NRA’s DC Meetup Focuses On Overtime Rule

Posted in

Nearly 600 members of the National Restaurant Association joined tourists enjoying Washington, D.C.’s cherry blossoms to attend the NRA’s 2016 Public Affairs Conference and meet with lawmakers on issues affecting their businesses. The April 12-13 conference included a keynote speech by Sen. Lindsey Graham (R-SC), a seminar on how advocacy is changing in a digital world, and…

MORE

Gambling Gambit No Panacea For States Seeking Non-Tax Revenue

Posted in

A recent study by the Nelson A. Rockefeller Institute of Government shows that states that turned to gambling as a fix for revenue woes have usually been disappointed with the results. And that may mean an end to the flurry of new casino building that has helped keep some segments of the foodservice equipment and…

MORE

South African BBQ Concept Heads For Nashville

Posted in

The southernmost tip of Africa is hungry for American pizza, chicken and burgers. KFC, McDonald’s, Domino’s and Pizza Hut are popular outposts in South Africa, and Starbucks just launched its first two African outlets at Johannesburg shopping malls. The growth of American chains is welcome to consumers there but poses a challenge to established South…

MORE

Danish Chain Expands Into Germany And UK Cities

Posted in

Since it opened its first location in London in Wimbledon in 2012, Sticks’n’Sushi has been gradually expanding its London empire with units in Covent Garden, Greenwich and Canary Wharf. Now the Danish-Japanese restaurant group is set to take its ‘affordable luxury’ offering across the UK. Next month, Sticks’n’Sushi will open its first restaurants outside the…

MORE

Malaysian Chain Plans Nepal Unit

Posted in

Marrybrown, the Malaysian quick-service chain, has big expansion plans for 2016. It opened six new outlets domestically in the past month, and expects to add another 20 outlets nationwide this year. Marrybrown, headquartered in Johor Baru, offers burgers, chicken, fish and local dishes at about 350 quick-service outlets in 16 countries, including more than 130…

MORE