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January 5, 2015
Foodservice Spending Hits Pre-Recession Levels While Overall Cost Of Food Continues To Fall
A couple of research reports about food and foodservice caught our eye last week. The first, from Scott Hume of burgerbusiness.com, was an analysis of recently released data from the U.S. Bureau of Labor Statistics showing that average U.S. household spending for food away from home reached $2,698 for the 12 months ending July 2013….
January 5, 2015
Top 100 U.S. E&S Manufacturers Grew 7% In 2013
The 100 largest foodservice equipment and supplies manufacturers saw revenues rose 7% last year, the strongest gain since the Great Recession, according to exclusive estimates from Foodservice Equipment Reports. The findings were released during the magazine’s annual President’s Preview E&S Market Forecast meeting, held July 29 at the Westin O’Hare, Rosemont, Ill. The 7% increase…
January 5, 2015
NRA’s RPI Posts First Gain In Three Months
The National Restaurant Association released its August Restaurant Performance Index report yesterday, just as we went to press. Spurred by stronger same-store sales and customer traffic levels and a more optimistic outlook among restaurant operators, the RPI posted a solid gain for the month. The overall index stood at 101.9 in August, up 1.0 percent…
January 5, 2015
Consumer Confidence Hits Another Post-Recession High As Gas Prices Continue Falling
Consumer sentiment reached 88.8, its highest mark since July 2007, in the final November reading by Thomson Reuters/University of Michigan Surveys of Consumers. The group said the November gain was “due to improved personal finances as well as a more favorable outlook for employment.” Those surveyed believe employment gains will continue and expect the largest…
January 5, 2015
Ontario Gets Serious About Calorie Counts On Menus
At least one province in Canada looks likely to follow the path American chains already are treading. Ontario could become the first province in Canada to mandate big chain restaurants, c-stores and grocery stores post calorie counts on all of their menus. The draft legislation would require establishments that sell dine-in meals to display the…
January 5, 2015
California Title 24 Updates Kick In July 1
Updates made a year ago to California’s Title 24 statewide energy standards will go into effect July 1. These Building Energy Efficiency Standards are updated on a three-year cycle, and the 2013 Standards will continue to improve upon the current 2008 version for new construction of, and additions and alterations to, residential and nonresidential buildings….
January 5, 2015
California Says Hello To Dogs, Goodbye To Plastic Bags, Debates Organic Waste
There was a lot of legislation debated and passed in the Golden State this summer. Late last month, California Gov. Jerry Brown signed a bill allowing dogs to dine with owners if seated in a restaurant’s outdoor area. The law gives canine-averse restaurant owners discretion on allowing dogs to dine and requires restaurants have an…
January 5, 2015
The FDA Unveils Finalized Menu Labeling Rules
On Nov. 25, the U.S. Food and Drug Administration finalized two rules requiring that calorie information be listed on menus and menu boards in chain restaurants, retail food operations, and vending machines to provide consumers with more nutritional information about the foods they eat outside of the home. The final menu-labeling rule applies to restaurants…
January 5, 2015
SEFA Holds First Shareholders Meeting, Promotes Execs
Quite a bit of news coming out of the first-ever shareholders meeting held by Supply & Equipment Foodservice Alliance. The network of E&S dealers and vendor partners met Jan. 22 in San Antonio, marking the first major milestone for SEFA since it announced its long-term ownership transition strategy last April. “We are delighted to have…
January 5, 2015
FER Top Dealer Survey Forms Due April 1
No fooling around with the date: Survey forms for Foodservice Equipment Reports’ annual Top Dealer listing, e-mailed earlier this month to past participants and other dealers, are due April 1. FER’s unique survey requires participating dealers to have a certified public accountant or other independent source verify their sales volumes. This procedure is necessary because…
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