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January 5, 2015
In Memoriam: Nor-Lake’s Patrick Huppert
Patrick J. Huppert, applications engineer and the “father” of the Kold Locker walk-in product line at Nor-Lake Inc., died July 17 while on an annual fishing trip in Canada. He was 60 years old. Huppert got his start in the E&S industry as a draftsman at Vollrath Refrigeration in 1976, designing walk-in coolers; he also…
January 5, 2015
In Memoriam: Vincent J. Guarriello
Vincent J. Guarriello, one of the true legends of the foodservice equipment industry and who was pivotal in its postwar development, passed away Oct.16 in Red Bank, N.J. He was 93. Guarriello had a long tenure in the E&S industry and was mentor to many corporate and sales executives working today. He served many years…
January 5, 2015
NRA’s Performance Index Rose In November
The National Restaurant Association’s Restaurant Performance Index rose again in November, hitting a five-month high at 101.2. The Index declined over the summer, prompted in part by worries about the impending federal-government shutdown and debt-ceiling fight. Six of the index’s components moved higher. Only current capital spending activity and the staffing outlook were lower. All…
January 5, 2015
Wholesale Food Prices Jump In January, Menu Price Growth Still Moderate
Following five months of flat or negative changes, wholesale food prices jumped significantly in January at both the final and intermediate demand stages, according to Producer Price Index data from the Bureau of Labor Statistics released Feb. 19. Wholesale food prices at the final demand level rose 1% after falling four of the last five…
January 5, 2015
Consumer Sentiment Hits Nine-Month High In April
Consumer sentiment continued to improve throughout April, according to the Thomson Reuters/University of Michigan Surveys of Consumers, which released its latest data April 25. The Consumer Sentiment Index rose to 84.1, its second highest reading since 2007 and a gain from 80 in the final March reading. The sentiment index stands 10.1% higher than at…
January 5, 2015
Knowledge Is Power: Register For FER’s E&S Forecast Meeting
What you know can help you. Foodservice Equipment Reports’ annual E&S Market Forecast President’s Preview offers you the insight you need to plan for 2015 and beyond. It is set this year for July 29 at the Westin O’Hare Hotel in Rosemont, Ill. This annual one-day event for manufacturers, operators, dealers and others in the…
January 5, 2015
Unit Growth Slow During Past Year, Reports NPD
The number of net restaurant units grew by less than 1% for the year ended March 31, according to data from The NPD Group’s biannual ReCount restaurant census. The market added 5,002 net units to reach 635,494. Almost 80% of the new units were chain restaurants, a growth of 1.3%. Independent operators, who control 351,359…
January 5, 2015
Consumer Confidence Hits Another Post-Recession High As Gasoline Prices Continue To Fall
Consumer sentiment, as tracked by Thomson Reuters/University of Michigan, posted another post-recession high in the final October reading, reaching 86.9. The result bested economists’ expectations and was up from the 86.4 reading mid-month. It was the highest reading since July 2007. The index is nearly 19% higher than at this time last year. The research…
January 5, 2015
NYC Issues Foodservice Operating Manual
It just got a little easier to navigate the rules, regulations and red tape of the New York restaurant scene for the city’s diverse operators. An updated version of the Restaurant Owner Manual provides user-friendly guidance to more than 24,000 operators and their largely immigrant workforces on the how-tos of operating within New York. The…
January 5, 2015
I Am A Camera: NYC Considers Video For Kitchen Inspections
In the age of Instagram and YouTube and instant video upload, it’s no surprise that a bill has been introduced in New York’s City Council which would require foodservice health inspectors to wear a camera on their chests or collars, providing operators with video footage that could be used as evidence in rating disputes. The…
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