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January 5, 2015
Dittmar To Helm European Sales For T&S
T&S Brass and Bronze Works has hired Bert Dittmar as director-European sales. A native of Germany, Dittmar is a 30-year veteran of foodservice sales and marketing; he worked most recently as director of global sales for Kahla Thüringen Porzellan GmbH, a maker of servingware and tabletop products. Dittmar also spent more than a decade at…
January 5, 2015
Ali Group Appoints New COO
Massimo Giussani has assumed the post of chief operating officer at Ali Group. In his new role, Giussani will continue reporting directly to Ali Group Chairman/CEO Luciano Berti and will be primarily responsible for all of the group’s companies within the Europe, Middle East and Africa and Asia Pacific regions. Giussani has worked closely with…
January 5, 2015
Technomic Cuts 2014 Operator Forecast Slightly
Technomic Inc., the Chicago-based foodservice research firm, has revised its forecast for 2014 operator sales growth downward slightly. The new forecast calls for current dollar sales to increase 3.6% with real sales 1.1% higher. The forecast for menu-price inflation remains at 2.5%. The firm released the forecast revision to its clients Jan. 23. The new…
January 5, 2015
Despite The Weather, February’s Restaurant Performance Index Stays Above 100
Although challenging weather conditions continued to negatively impact customer traffic in February, the National Restaurant Association’s Restaurant Performance Index remained above 100 for the 12th consecutive month. The monthly composite index tracking the health of and outlook for the U.S. restaurant industry stood at 100.5 in February, down a bit from January’s level of 100.7….
January 5, 2015
Final Public E&S Company Numbers Show Combined Sales Grew 7.4% First Quarter
With first quarter 2014 results from EveryWare, the public company incorporating Anchor Hocking and Oneida now included, combined sales for the eight publicly reporting companies we track grew a strong 7.4% in the first quarter of 2014. The numbers are compiled and analyzed by John Muldowney, a marketing executive at The Boelter Cos., exclusively for…
January 5, 2015
Except At Dinner, A Majority Of Americans Eat Alone
The NPD Group’s consumer food and foodservice research turns up some very interesting insights. The research group said in a release last week that 56% of all food occasions, both at and away from home, are consumed alone. Only at dinner are we more likely to dine with family or friends. NPD attributes the solo-dining…
January 5, 2015
Blue Chip Economists Boost Key U.S. Macroeconomic Forecasts
The 50 leading economic forecasting groups polled monthly by Blue Chip Economic Indicators were slightly more optimistic about growth in the U.S. economy over the next 18 months, as reported in the October newsletter. The more upbeat assessment for U.S. growth was offset by increasing worries about the growth of economies in Europe and Asia….
January 5, 2015
Big Job Gains In November; Wages Finally Creep Higher, Too
The U.S. Bureau of Labor Statistics reported that nonfarm payrolls increased by 321,000 jobs in November, one of the biggest gains in almost five years. What heartened many economists even more was that wages and hours worked began to tick upward during the month. Stagnant wage gains have been a stubborn problem of this long…
January 5, 2015
NRA Lines Up Agenda For 2014 Public Affairs Conference
The National Restaurant Association wants operators to go to Washington next month and “Tell Congress That America Works Here.” That’s the theme for the NRA’s 2014 Public Affairs Conference, April 29-30, in Washington, D.C. The association is focused on what it calls an unprecedented number of legislative challenges, from healthcare and taxes to minimum wage…
January 5, 2015
Minimum Wage Pressures Build, Hourly Wage Jumps To $15 In Seattle
If the federal minimum wage increases to $10.10 an hour from the current $7.25, will fewer entry-level jobs be created and will restaurant unit growth stall? That’s the prediction CKE Restaurants CEO Andy Puzder recently made to CNBC. Puzder said that minimum wage hikes will lead to store closings and slower growth for his company’s…
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