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January 5, 2015
ENERGY STAR Honors For Four Equipment Manufacturers
Four foodservice equipment manufacturers have been named 2014 ENERGY STAR award winners by the Environmental Protection Agency and the U.S. Department of Energy. The awards honor businesses and organizations for outstanding contributions to reducing greenhouse gas emissions through energy efficiency. More than 130 firms in various industries will be honored April 29 at the 2014…
January 5, 2015
Horizons Forecasts 2014 Foodservice Growth Of 3.8% In The U.K.
The recovery of the foodservice market in the U.K. is fragile, but Peter Backman, managing director of Horizons FS Ltd., a London-based research firm, expects positive real and nominal growth for the market in 2014. Backman presented the forecast at the Horizons Annual Briefing in London in March. With the theme, “Return to Growth: Myth…
January 5, 2015
Military Foodservice Wins NRA Honors
The National Restaurant Association Military Foundation gave out awards for excellence in military foodservice at operations worldwide. Service members and military establishments of the U.S. Air Force, the U.S. Air National Guard, the U.S. Marine Corps and the U.S. Navy were honored at a ceremony held in conjunction with the NRA’s 58th annual Restaurant, Hotel-Motel…
January 5, 2015
Tarek Sarkis Slotted As Regional V.P.-Middleby Worldwide
Middleby Corp. has appointed Tarek Sarkis as regional v.p.-Middleby Worldwide. Sarkis will be responsible for the sales and marketing of all Middleby brand commercial cooking and beverage equipment, along with Viking residential appliances, in Russia, the Baltic States, Eastern Europe and parts of Central Europe. He has been with Middleby since 2005 and relocated to…
January 5, 2015
Merger Creates E&S Industry’s Second Largest Service Company
Commercial Foodservice Repair, Greenville, S.C., one of the foodservice industry’s leading providers of equipment service and repair, merged with Tech 24 on July 28. Tech 24 is an independent service organization offering equipment repair, HVAC, plumbing and electrical services to customers in Virginia, Baltimore, Washington, D.C., and the surrounding areas. The newly merged company will…
January 5, 2015
Chain Moves:
McDonald’s Corp. has named a new president for its struggling U.S. division, the second change in the office in less than two years. The Oak Brook, Ill., chain is bringing back a longtime company executive, Mike Andres, to succeed Jeff Stratton as McDonald’s USA president. Stratton, who replaced Jan Fields in the post in late…
January 5, 2015
Bloomin’ Brands To Focus On Four Core Concepts
Bloomin’ Brands has announced plans to sell its 28-unit upscale concept Roy’s after deciding the brand would get more attention under new owners. “The brand is a small part of our portfolio,” according to CEO Elizabeth Smith. “Roy’s deserves to be in a situation where it can get the time, attention and resources it needs…
January 5, 2015
NRA Forecasts 3.6% Foodservice Growth In 2014
The foodservice industry is expected to grow 3.6% in 2014—1.2% in real terms—according to the National Restaurant Association, which released its annual forecast Jan. 16. The forecast compares with a revised estimate for 2013 of 3.2% current dollar growth and 1% real growth. It will be the fifth consecutive year of real growth following the…
January 5, 2015
Restaurant Sales Appeared To Stabilize In February
While winter’s negative impact on restaurant and tavern sales also is apparent in the U.S. Census Bureau’s retail sales numbers, the latest advance estimate, released March 13, shows a return to slight month-over-month growth with eating- and drinking-place sales up 0.3% in February. The gain matched that of the overall retail sales number for February….
January 5, 2015
NRA’s Performance Index Pops Back In March
Led by strong rebounds in same-store sales and traffic, the National Restaurant Association’s Restaurant Performance Index gained nearly a full point in March to reach 101.4, the highest level in 10 months. It was the 13th consecutive month the index has stood above 100, the tipping point that signals expansion vs. contraction. One capital-spending indicator…
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