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January 5, 2015
Panera 2.0 Upgrades Include Enclosed, Upgraded Kitchens, Smaller Stores
It’s a new look and long-term strategy for St. Louis-based Panera Bread Co. Chain execs convened last week in Charlotte, N.C., a 10-unit test market for the chain’s new bakery-café format, to formally unveil “Panera 2.0,” which includes an emphasis on kiosk and mobile ordering, operational modifications and plans for smaller restaurants. The new format,…
January 5, 2015
Internorga 2014 Reports an Upbeat Mood
The hallmarks of the six-day Internorga fair in Hamburg were trends, innovations, expert discussions and new business leads. Market leaders and small creative companies brought in a host of product innovations to the fully booked show, which featured presentations by more than 1,200 exhibitors from 27 nations. About 95,000 attendees were at the March show,…
January 5, 2015
Argosy Group Int’l. Acquires Donper America
Argosy Group International, a maker of frozen dessert equipment, has finalized an agreement to acquire Donper America. Both companies are based in Orlando, Fla. AGI’s brands include Argosy, Donper America and Frozen Yogurt Solutions. Donper America manufactures self-serve frozen-yogurt equipment. “We entered the soft-serve market because the resurgence of frozen yogurt has energized the category….
January 5, 2015
Brinkley Joins AccuTemp’s Combi Division
AccuTemp Products has tapped David Brinkley, CFSP, as v.p.-Combi Oven Division. Brinkley will be responsible for the sales of AccuTemp’s new Fusion line of combination oven-steamers. He will report directly to John Pennington, CFSP, the Fort Wayne, Ind., company’s exec. v.p.-sales/marketing and senior corporate chef. Brinkley will work out of his office in St. Louis….
January 5, 2015
Darden Unrolling $40M Olive Garden Makeover
During the next three years, 300 older-style Olive Garden outlets are targeted for the chain’s new Revitalia-style makeover featuring lighter fare and less cluttered interiors. Two of Orlando-based Darden Restaurants’ remodeled Florida units will serve as templates for the 75 stores slated to get a more youthful, urban look in 2014. The price tag, at…
January 5, 2015
Internet Dealer To Warehouse Stock Underground
FoodServiceWarehouse.com is going deep to store its inventory of equipment and supplies. The e-commerce firm has signed a 10-year lease to occupy 475,200 sq. ft. of warehousing and distribution space in Hunt Midwest SubTropolis, the world’s largest underground business complex. FSW, founded in 2006, cited location and logistics as the primary reasons for moving its…
January 5, 2015
New Ownership Alights On Sterno Candle Lamp
Candle Lamp Co., the parent of SternoCandleLamp, was acquired Oct. 10 for $163 million by Westport, Conn.-based Compass Diversified Holdings (CODI). The century-old company, headquartered in Corona, Calif., makes and markets portable food- warming fuel and table lighting products, including wick- and gel-chafing fuels, butane stoves and accessories, liquid and traditional wax candles, catering equipment,…
January 5, 2015
Restaurant Traffic Flat In 2013, Reports NPD; 1% Growth Forecast For ’14
The NPD Group’s foodservice practice said in a release Dec. 17 that it expects restaurant visits will come in flat for all of 2013, though spending will rise 2%. The firm also said it expects traffic will grow by 1% in 2014 with spending up 3%. Segments expected to drive the growth include fast casual,…
January 5, 2015
Consumers Appear To Shrug Off Brutal Winter
Maybe the heating bills haven’t shown up yet, but the severe winter weather in many parts of the country and a couple of weak jobs growth reports don’t seem to be dampening consumer confidence very much, if at all. The Thomson Reuters/University of Michigan Consumer Sentiment Index actually ticked up slightly to 81.6 in the…
January 5, 2015
Food And Gasoline Prices On The Rise
March brought another round of sharp increases in food and gasoline prices, according to wholesale and consumer price data from the U.S. Bureau of Labor Statistics and AAA. The National Restaurant Association calculates that average wholesale food prices rose 1.1% in March, based on Producer Price Index data. Menu prices rose 0.3% for the second…
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