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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…
January 5, 2015
Sysco, US Foods Deal Delayed Again
Citing lengthier than expected talks with antitrust regulators, the megamerger between the nation’s two largest broadline distributors is taking a bit longer than anticipated. When Sysco Corp. announced its planned acquisition of US Foods last December, the Houston company expected the deal to close by the end of September 2014, then pushed it to the…
January 5, 2015
Excell Names Vendor Relations Chief
Excell Marketing & Procurement Group’s foodservice equipment dealer network has added Matthew Arthur to its team as director of vendor relations. Arthur comes to Excell with more than 22 years of experience in the E&S industry; his career encompasses both wholesale and retail procurement and distribution. At Denver-based Excell, he’ll serve as the primary relationship…
January 5, 2015
Dealer Personnel Moves:
A number of executive moves have been announced at Atlanta Fixture & Sales Co. The E&S dealer has appointed CFO Ron Bruck as its new president. Bruck, a CPA, is a 10-year veteran of Atlanta Fixture. The company also has promoted Marty Levenstiem from v.p.-purchasing to executive v.p. and elevated Bill Watson from v.p.-engineering to…
January 5, 2015
Alto-Shaam Honored For Workforce Development, Names Northeast Sales Manager
Alto-Shaam was recently awarded the 2013 Wisconsin Manufacturer of the Year Grand Award for workforce development. The award, announced at a Feb. 27 black tie banquet in Milwaukee, honored Alto-Shaam for its commitment to the continual development of its employees and its charitable contributions, including: Establishing an Alto-Shaam University to help ensure all employees have…
January 5, 2015
In Memoriam: Pearl Fishman
Pearl Fishman, the wife of FEDA past-president Howard Fishman of TriMark SS Kemp and mother of Mark and Steve Fishman and Cathy Wallerstein, has died. She was an instrumental force in the growth and success of the Cleveland dealership; she started the firm’s human-resource and customer-services departments, as well as creating its marketing arm. In…
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