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January 5, 2015
NACUFS Looking For Officer Nominations
The National Association of College & University Food Services needs a few good men and women. The Okemos, Mich., association is looking for board nominations to lead its membership of about 550 institutions of higher education from across the U.S. and Canada as well as nearly 500 industry members from the food, equipment and consulting…
January 5, 2015
E&S Price Changes Remain Restrained, AutoQuotes Data Shows
Foodservice equipment and supplies manufacturers continue to raise prices very moderately, according to the latest data from AutoQuotes Inc. List-price changes for AQ’s more than 500 manufacturers and more than 430,000 SKUs from July 1 to Dec. 31, 2013, show average increases of -0.1% for ventilation through 2.8% for cookware. But five other categories have…
January 5, 2015
Brutal Winter Whacks Foodservice Sales; Technomic Cuts 2014 Forecast
The severe winter weather in as much as two-thirds of the U.S. has cut dramatically into restaurant and other foodservice sales, according to new research released by Technomic Inc. on March 4. As a result, Technomic is cutting its forecast of 2014 operator sales by as much as a full percentage point from the 3.6%…
January 5, 2015
Public Equipment Companies Post Strong First Quarter
Maybe the MAFSI reps have it right. They forecast E&S sales growth of 4.9% for 2014, the strongest predicted gain since they began the MAFSI Barometer in 2002. First quarter ’14 revenue numbers from the publicly reporting E&S companies seem to bear out their view. With seven of the eight companies we track reporting, combined…
January 5, 2015
Wholesale Food Prices Moderate For Second Consecutive Month, Maybe
After four straight months of increases in wholesale food prices, prices in June fell for the second straight month across all stages of demand, according to Producer Price Index data from the U.S. Bureau of Labor Statistics released July 16. But at the consumer level, grocery-store and menu prices continued to rise. Wholesale food prices…
January 5, 2015
Consumer Confidence In September Nearly Matches Post-Recession High
Despite slow growth in wages and hours, American consumers are finally beginning to believe their income prospects are improving, according the latest gauge of consumer confidence from Thomson Reuters/University of Michigan and The Conference Board. The Consumer Sentiment Index from UM hit 84.6 in September, up from 82.5 in August, its second highest reading in…
January 5, 2015
Public E&S Companies Post Another Quarter Of Strong Growth
Combined sales of eight publicly reporting foodservice equipment and supplies companies grew 6.7% in the third quarter this year, compared with the third quarter 2013, according to an analysis by John Muldowney, director of marketing at the Boelter Cos. It is the fourth consecutive quarter the eight companies have seen combined revenues grow by 6.6%…
January 5, 2015
California Ops Turn Thumbs Down On New Bare Hands Ban
The gloves are off, or they will be if a California legislator has his way. The state’s new law prohibiting bare-hand contact with ready-to-eat foods is under siege, thanks to a Sacramento assemblyman’s proposed repeal, which changes the state’s health code from “minimizing” to “prohibiting” bare-hand contact with food. “It’s not about whether there are…
January 5, 2015
Comment Deadline Nears For New Energy Standards For Ice Makers
How stringent can the standards for energy efficient foodservice equipment be, and still remain financial viable and within reason for manufacturers and operators? The comment period is coming to a close this week on the notice for proposed rulemaking for energy conservation standards for commercial ice machines. The changes proposed by the Department of Energy…
January 5, 2015
California Changes How Franchisors Can Do Business
The California State Assembly approved a law last week making it harder for franchisor companies, including foodservice chains, to terminate franchising agreements. Another version of the proposed law, SB 610, already had been approved by the State Senate last year. The bill now will return to the Senate for final approval. Business groups, including the…
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