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January 5, 2016
WAI Completes Acquisition Of Gill Ashton Publishing
Wolters-Althoff Investments, LLC closed on January 1 its previously announced acquisition of and Gill Ashton Publishing, LLC. WAI, based in Chicago, is the private equity and venture capital arm of the Wolters Family Office headed by former owner and founder of CookTek, Bob Wolters. Evanston, Ill.-based GAP owns Foodservice Equipment Reports and other foodservice equipment-…
January 5, 2016
Wholesale Food Prices Mixed In November; Menu Prices Up Again
Wholesale food prices rose slightly, up 0.3% at the final demand level in November, according to the latest data from the Bureau of Labor Statistics Producer Price Index. The gain, which comes on the heels of two consecutive month during which prices at the final demand stage fell 0.8%, was driven by an 11.8% jump…
January 5, 2016
Wholesale Food Prices Mixed In November; Menu Prices Up Again
Wholesale food prices rose slightly, up 0.3% at the final demand level in November, according to the latest data from the Bureau of Labor Statistics Producer Price Index. The gain, which comes on the heels of two consecutive month during which prices at the final demand stage fell 0.8%, was driven by an 11.8% jump…
January 4, 2016
Newk’s Ushers In “Generation Two” Look
Newk’s Eatery, the 85-unit fast-casual chain, is testing a new design prototype to underscore its upscale culinary ambitions with a fresh, trendy look. The “Generation Two” design builds on Newk’s signature components, including open-view kitchens and condiment tables, with new colors and upgraded finishes using materials such as subway tile, pendant lighting, floor detail, and…
January 3, 2016
Kahala Brands Buys Pinkberry
Kahala Brands went four for four in acquisitions in 2015. Just weeks after closing on its acquisition of Maui Wowi, the Scottsdale, Ariz., firm announced the acquisition of Pinkberry, the Santa Monica, Calif.-based frozen yogurt chain. Terms of the deal were not disclosed, but the purchase gives Kahala its fourth new concept this year, following…
January 3, 2016
Middleby Adds High-End Outdoor Kitchen Company
The Middleby Corp. has acquired privately held Lynx Grills, a Downey, Calif., maker of luxury grills and custom outdoor kitchen products for the consumer market. Lynx Grills, founded in 1996, had been owned by Century Park Capital Partners since 2006. Its product line include the SmartGrill, a voice-activated, WiFi-enabled grill that can be programmed from…
January 3, 2016
Chefs Predict 2016’s Top Menu Trends
Local sourcing, chef-driven fast-casual concepts, and environmental sustainability remain among the top menu trends, according to the NRA’s annual What’s Hot culinary forecast. The NRA surveyed nearly 1,600 professional chefs all members of the American Culinary Federation, to find which foods, beverages and culinary themes will be hot on restaurant menus in 2016. According to the survey,…
January 1, 2016
2016 Looks Like Another Good Year
The E&S market should post healthy growth again because operators should do well again.
January 1, 2016
Back To Basics
The Great Recession really did a number on us all. Those who survived seem to be comfortable with the slow, steady, moderate growth of the current market.
January 1, 2016
PRODUCTS: January 2016
Carpigiani/Ali Group's MasterStick soft-serve freezer creates gelato on a stick, gelato cakes and milkshakes.
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