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January 5, 2015
U.K.’s Prezzo Builds On Success
London-based Prezzo Restaurants will open up to 30 new pizza and pasta restaurants this year after serving up a healthy rise in profits and unit growth in 2013. The casual-dining chain opened 28 new sites last year as it expanded to 237 outlets across the U.K., as far north as Aberdeen, Scotland, to the southern…
January 5, 2015
Vulcan/ITW FEG Announces Personnel Changes In Chain And Steam Cooking Units
Vulcan/ITW Food Equipment Group has enhanced its sales and business-development team with three new appointments. Tim Welsh, a 10-year company veteran, has been promoted to the post of sales director-Chain Cooking Business unit. He is now responsible for managing and coordinating several initiatives for Vulcan’s recently formed Chain and Retail division. He also will oversee…
January 5, 2015
The Cheesecake Factory Plans Expansion In Asia
The Cheesecake Factory sees opportunity in Asia. The Calabasas Hills, Calif., chain has entered into an exclusive licensing agreement with Hong Kong-based Maxim’s Caterers to build and operate its restaurants. The agreement provides for the development of at least 14 restaurants over the next 10 years in China, Hong Kong, Macau and Taiwan, with the…
January 5, 2015
Diversified Foodservice Supply Acquires Restaurant Parts & More
Diversified Foodservice Supply has acquired Restaurant Parts & More, a Springboro, Ohio-based distributor of foodservice parts, supplies and accessories to foodservice chains and franchisees. RPM joins companies including AllPoints Foodservice Parts and Supplies, Franklin Machine Products, Tundra Restaurant Supply and Mill Hardware in the portfolio of Mount Prospect, Ill.-based DFSI. Rick Jones and Robbin Krauser,…
January 5, 2015
Koontz Joins Mobile Fixture
Industry veteran Danny Koontz, who spent 36 years with Ruby Tuesday, has moved from the operations side of the foodservice business and joined Mobile Fixture, an Alabama-based E&S dealer. As the firm’s new v.p.-business development, Koontz will work out of the 87-year-old company’s Knoxville, Tenn., branch. Mobile, which had 2013 sales of more than $39…
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…
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