As part of a wider initiative to make its three chains “global iconic brands,” Yum! Brands is launching Taco Bell in China. Yum CEO Greg Creed says Taco Bell will open its first store there by the end of the year. The Louisville, Ky., company already operates more than 7,000 restaurants in China, nearly all…

The growth of fast-casual restaurant concepts continues to dramatically outpace that of all other restaurant segments, according to data from The NPD Group. The upscale limited-service concepts remain a small part of the overall restaurant environment. According to NPD’s ReCount restaurant census for the year ended Sept. 30, 2015, fast-casual units numbered 19,043 out of…

The latest consumer data from the University of Michigan show an interesting divergence: Consumers are quite optimistic about the outlook for their personal finances but realistic about the outlook for economic growth. Consumers currently view their personal finances as the strongest in a decade but also anticipate that the growth rate will not be strong…

The consensus forecasts for the general economy slipped in the latest Blue Chip Economic Indicators survey released April 10, as the first-quarter “blahs” undercut the annual forecast again this year. The forecast for annualized growth of real domestic product in the U.S. in first quarter 2016 dropped 0.7 point to 1.3, which pushed the forecast…

With restaurants in some of its largest counties going two years between inspections due to a lack of trained inspectors, Colorado is looking at new ways to pay for ensuring clean, food-safe kitchens. A 14-page bill in the state’s General Assembly would increase the fees used to hire restaurant inspectors, a boon to the coffers…

Ontario’s government has proposed changes to its indoor smoking regulations which would prohibit the use of e-cigarettes and the smoking and vaping of medical marijuana in all enclosed public places. The issue came to light recently when Ontario introduced regulations to allow medical marijuana users to be exempt from public smoking bans. At the time,…

It was a very busy Annual Convention for the members and supporters of the Foodservice Equipment Distributors Association March 29-April 2 at the J.W. Marriott Starr Pass Resort in Tucson, Ariz.  The group installed new officers and board members, including Pres. Joe Schmitt. and honored outgoing ones, and ran a great program that featured Tom…

The extra Leap Year day and better winter weather this year than last helped drive a surge in restaurant current same-store sales and customer traffic in February. That pushed the National Restaurant Association’s February Restaurant Performance Index up a strong 1.5 points to 102.1, returning it to where it stood in October.  That was before…

If you know him, you know Brad Pierce is just a remarkable person. He’s warm, out-going, energetic, and very, very intelligent. He flies an airplane—safely—and does business around the world. He’s incredibly tech-savvy. Perhaps his most important trait? He uses all that to get things done, in his business life, in his personal life, and…

William David Campbell, who helmed Medley Hotel and Restaurant Supply and served as executive vice president of Strategic Foodservice Equipment Co. after the companies merged, died March 27 at the age of 69.  In 1968, a newly married Campbell and his brother-in-law Reed Jackson joined their father-in-law, Gaines Medley, at his Albany, Ga., dealership, and…