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April 28, 2015

Sysco Argues Local Competition Negates Antitrust Charges In Proposed US Foods Merger

Last week, one proposed megamerger fell apart and Comcast walked away from buying Time Warner. Meanwhile, the largest megamerger ever proposed in the foodservice industry is winding its way into court. Sysco Corp. filed a memorandum April 21 in the U.S. District Court for the District of Columbia arguing that there is no national market…

April 28, 2015

2015 Foodservice Growth In Canada Forecast To Be As Good Or Better Than 2014

The Canadian foodservice market has been outperforming many other developed foodservice markets around the globe. Two major groups forecasting the market, the national foodservice association Restaurants Canada and U.S.-based Technomic Inc., see another year of decent growth in 2015. Technomic’s recently released 2015 forecast has nominal growth for the industry up slightly to 4.1% from…

April 28, 2015

IDPC Fights Interior Design Licensing Bill In Illinois

Interior Designer Protection Consulting, a watchdog group that monitors legislative activities that may affect the ability of interior designers, including kitchen designers, to bid on contracts needs input—immediately—on a bill being introduced in Illinois.  Pressure is needed to kill SB 1270, a bill to license interior designers that is to be heard before the Illinois…

April 28, 2015

Consumer Sentiment And Gas Prices Tick Up Mid-April

Consumer sentiment rose in the preliminary April reading, according to the University of Michigan’s Surveys of Consumers, exceeding analysts’ expectations. The UM Sentiment Index reached 95.9 mid-month, up from a final March reading of 93. The indexes for current conditions and consumer expectations also rose more than analysts had expected. Consumer sentiment has been running…

April 28, 2015

Wholesale Food Prices Go Negative On 12-Month Basis; First Decline Since Late 2009

Wholesale food prices declined for the fifth consecutive month in March, according to the U.S. Bureau of Labor Statistics and averaging by the National Restaurant Association, leaving the Producer Price Index for food 0.5% lower than in March a year ago. It’s the first time the index has run negative for a 12-month period since…

April 28, 2015

Bennigan’s Sets Sights On California

Dallas-based

April 28, 2015

General Parts Group Adds Training Center In Indianapolis

April 28, 2015

FSTC Webinar Preps NRA Showgoers

The energy-efficiency experts at fishnick have a few tips to impart before the kickoff of the NRA Show next month. On Tuesday, May 12, the Food Service Technology Center’s David Zabrowski, Richard Young and Mark Finck will host “What You Need to Know Before NRA,” a quick webinar highlighting the latest equipment trends and innovations…

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