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April 13, 2015
U.S. Jobs Growth Slowed In March And the First Quarter
After a year of strong monthly jobs growth, non-farm payrolls grew by just 126,000 in March, leading many economists and other observers to express concern about the strength of the current recovery in the U.S. Of course, in the perverse way equities markets move, the stock market rose and bond yields fell, as traders took…
April 13, 2015
New Cracker Barrel Concept Tweaks Chain’s Image
The full-service operator is shifting from rocking chairs to rocking expectations. Cracker Barrel Old Country Store has plans to unveil a new prototype “fusion” unit later this year and is developing a fast-casual concept that likely will debut before July 2016. No details have been released, but officials with the Lebanon, Tenn.-based chain say a…
April 13, 2015
Johnny Rockets Plans 100 Outlets In China
Johnny Rockets has struck a deal to open 100 restaurants in China over the next decade, the chain’s largest development deal to date. The agreement—a joint venture between AUM Hospitality, Johnny Rockets’ franchisee in Malaysia and Parkson Retail Group Ltd., a Malaysian department store operator with about 60 stores in China—marks a major overseas expansion…
April 13, 2015
New Headquarters For FCSI-The Americas
FCSI-The Americas Division has moved offices. The U.S.-based arm of Foodservice Consultants Society Int’l. is now located at 3309 Robins Road, Ste. 171, Springfield, IL 62704. The phone number remains 309/808-2165.
April 13, 2015
Energy Star Honors For Three Industry Manufacturers
Three foodservice equipment manufacturers have been honored along with more than 100 other businesses and organizations by the U.S. Environmental Protection Agency and the U.S. Department of Energy. Hoshizaki America, Peachtree City, Ga.; ITW Food Equipment Group, Glenview, Ill.; and Manitowoc Foodservice, New Port Richey, Fla., are among the 128 businesses and organizations in 33…
April 13, 2015
Boelter Cos. Buys Direct South
The Boelter Cos., the country’s fifth largest equipment and supplies dealer, has acquired Macon, Ga.-based Direct South. The acquisition expands the Milwaukee company’s reach in the Southeast region of the country. Terms of the deal were not disclosed. Direct South was founded in 1960 as Macon Restaurant Supply Co. In 2012, the company merged with…
April 13, 2015
Halton Group Acquires North Carolina-Based Air Cleaning Company
Halton Group has expanded its reach in the indoor climate solution markets. Last month, the Finnish company acquired the Sandford, N.C., air cleaning company Air Scrubbers, which specializes in commercial kitchen environments. Air Scrubbers’ electrostatic filtration technology will be utilized as part of Halton’s solution portfolio and it will operate as part of Halton Foodservice,…
April 13, 2015
Golden State Browns Under Drought
The April 1 announcement by California Governor Jerry Brown was no April Fool’s joke. Two weeks ago, he ordered mandatory water-use reductions for the first time in the state’s history, saying the state’s four-year drought had reached near-crisis proportions after a winter of record-low snowfalls. California has about one year of water stored. The executive…
April 13, 2015
House Chair Questions EPA On Refrigerant Phaseout Proposal
The ongoing discussion over the U.S. Environmental Protection Agency’s proposed ban on certain refrigerants and how the rule would hurt small businesses, manufacturers and restaurants has spurred resistance not only in the affected industries but also on the House subcommittee reviewing the proposal. The agency has proposed to prohibit several substances commonly used in commercial…
April 13, 2015
Economists Cut Forecasts, But Remain Upbeat About 2015 And Beyond
The 50 economic forecasting groups polled monthly by Blue Chip Economic Indicators remain upbeat, in spite of two months of cuts in the consensus forecasts for 2015 in the March and early April surveys; the latter was released last week. The forecasters expect little slowdown in 2016 and then only slight declines over the next…
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