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January 5, 2015
PRODUCTS: May 2014
APP OF THE MONTHThe smell was just too much. Charles Wilkerson, assistant director of engineering, Hyatt Hotels Corp., needed a solution to combat the odors coming from food-waste compost bins on the loading dock of the Hyatt Regency Bellevue Hotel, Bellevue, Wash. The 732-room hotel was recycling almost all of its kitchen waste, but processing…
January 5, 2015
New Owners For Chuck E. Cheese (Maybe)
Private-equity firm Apollo Global Management wants to buy CEC Entertainment, parent of the Chuck E. Cheese’s brand, in a deal worth about $1.3 billion, including debt assumption. CEC owns and franchises 577 Chuck. E. Cheese units in 47 states and 10 other countries and territories; it owns 522 of those locations in the U.S. and…
January 5, 2015
American Fast-Food Chains See Great Promise In India
Is India—where the fast-food market is expected to double in size to $1.1 billion over the next three years—the final frontier for burgers, coffee and doughnuts? Chains such as Burger King, Taco Bell, Starbucks, Krispy Kreme and Dunkin Donuts started expanding in the country last year. Burger King joined forces with Everstone Group, an India-focused…
January 5, 2015
DeSutter Takes Reins At Focus Brands
Former Stripes executive Steve DeSutter has been named president and CEO of the multi-concept franchisor Focus Brands, effective March 17. DeSutter will replace Russ Umphenour, who has served as CEO for five years and will continue with Focus Brands as a member of the board of directors. Atlanta-based Focus Brands is the franchisor of seven…
January 5, 2015
Culver’s Opens 500th Store
Culver’s, which is celebrating its 30th anniversary in 2014, has hit the big 5-0-0. The Prairie du Sac, Wis., chain opened two units on the same day last month to reach the 500-unit milestone. Last year, the family-owned chain opened 28 restaurants; it expects to add another 35 restaurants in ’14. Last year also saw…
January 5, 2015
Unified Brands Aligns With New Dover Division
Unified Brands has become part of parent company Dover Corp.’s newly created Refrigeration and Food Equipment segment. It joins five other companies, all focused on the supermarket, food processing and packaging industries. The new segment structure will enable Dover to focus on its key markets and leverage its scale, according to Dover Pres./CEO Robert Livingston….
January 5, 2015
International Sales Growth Of U.S. Chains Slowed In 2013
The 180 U.S.-based chains with operations outside of the U.S. grew international sales 4.4% in 2013 on a net unit gain of 9%, according to the latest data from Technomic Inc.’s annual Top 500 Chain Restaurant Report, released in April. The international sales increase slipped from a 5.6% international gain reported for 2012, while unit…
January 5, 2015
Chandler Named President At Belshaw Adamatic
Frank Chandler has been appointed president of Belshaw Adamatic Bakery Group. In his new post, Chandler will be responsible for the day-to-day management of the Auburn, Wash., manufacturer, and for developing and implementing its strategic plan under the oversight of parent Ali Group North America. Frank will report directly to CEO Filippo Berti and COO…
January 5, 2015
Blodgett Ovens Adds Jeff Herren As V.P.-Regional Sales
Jeff Herren has joined Blodgett Ovens as v.p.-regional sales. Based in central California, he will be responsible for leading sales initiatives and regional strategy on the West Coast. Blodgett, headquartered in Burlington, Vt., is a division of Middleby Corp. “Jeff has over 35 years of excellent industry experience that will be a tremendous asset to…
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