After much debate, our forecasting partner John Muldowney and I are sticking with our current equipment and supplies market estimates and forecasts for 2014 and 2015. Last July, for our annual President’s Preview E&S Market Forecast, we set 2014 market growth (at the manufacturers’ level) at 4.4% nominal and 2.3% real and forecast growth of…
MOREAl Santos has been appointed to the newly created position of Director-Canadian Sales for the Standex Food Service Equipment Group. He will report to Chuck Dullea, President-Standex Refrigerated Solutions Group, but his focus will be to build on and leverage sales-channel relationships for all Standex FSEG brands including Nor-Lake, Master Bilt, Federal, Bakers Pride, APW,…
MOREExcell Marketing, the Denver-based buying group marking its 20th anniversary this year, held its annual conference April 15-18 in Cancun, Mexico. The group, comprised of 125 dealers in 42 states, honored four companies as Vendors of the Year. They were: Nor-Lake Inc.: Partnership and Loyalty Nexel Industries: Strategic Growth Beleco: Customer Focus Middleby Corp.: Education…
MOREThe Vollrath Company has named Jill VanMenxel its eastern regional manager for its foodservice division. She will oversee sales, staffing and market development in Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont, Virginia, West Virginia, the Carolinas, and northeast Ohio. VanMenxel joined Vollrath in 2005 as district sales…
MOREHearings were continued into this week on the federal court proceedings in the government’s antitrust challenge to the proposed merger of rivals Sysco Corp. and US Foods. The Federal Trade Commission, which sued to block the deal in February, and the two companies will return to court after Memorial Day to present closing arguments on…
MOREUnified Brands has added Shawn McElyea as Product Line Director-Warewashing. He will focus on revenue growth for Unified’s Power Soak and warewashing product family through new product development and support of the sales network. McElyea has previous product line management and market research experience in the foodservice industry. Conyers, Ga.-based Unified Brands, along with its…
MORERay Peden has been elevated to the office of President-Franke Coffee Systems North America. When he takes office June 1, Peden will be responsible for accelerating sales and growth of the Franke Coffee Systems business in the U.S. and Canada. He will be based at headquarters in Smyrna, Tenn., and will continue reporting to Yvo Locher,…
MORECanadian restaurant operators are very upbeat. For the second quarter in a row, they reported a strong up-to-down differential of same-store sales. And, in the first quarter 2015 Restaurant Outlook Survey released April 22, operators indicated the highest expectations for sales gains during the next six months since Restaurants Canada began the survey in the…
MORETwo reports from The NPD Group paint a picture of the global and U.S. foodservice markets finally showing some positive traffic trends. NPD’s CREST foodservice consumer research tracked overall visit gains in five of the 11 country markets the research firm follows, a development it termed “a slight turnaround.” And in the U.S. market, traffic…
MOREThe number of total restaurant units in the U.S. is finally back to pre-recession levels, according to CHD Expert, the Chicago-based foodservice database and analytic firm. According to CHD Expert’s “2009-2014 Commercial Trends Data Report,” net restaurant units grew by 2% in 2014, a net gain of 14,648, up from a 1.2% net gain in…
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