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January 6, 2014
McCulloch, Wrench Invest In U.K. Equipment Distributor
Two familiar names, former Enodis and Scotsman Industries executives Dave McCulloch and Dave Wrench, have stepped back in the E&S world with their investment in HTG Trading Ltd. The newly renamed HTG Investment Ltd., which owns Hubbard Ice Systems and Taylor UK, was previously owned by a venture capital consortium. Hubbard Ice Systems is the…
January 6, 2014
Host 2013 Reports Impressive Attendance And Growth
Milan was buzzing with foodservice professionals who flocked to the five-day Host 2013 last month. The biennial show, held at the fieramilano pavilions October 18-22, is a must-see for an overview of excellent foodservice equipment design and technology. The Host show featured 1,700 exhibitors from 48 countries, encompassing 12 halls. Attendance was up 7% over…
January 6, 2014
Moffat Adds Western Regional Sales Chief
Moffat US Convection Ovens has appointed Danielle Brach as its westernregional sales manager. She joins the company after serving as a senior marketing and communications coordinator for Ice-O-Matic. Moffat US is a division of Milan, Italy-based Ali Group; its North American operations are based in Winston-Salem, N.C., with sister brand Champion Industries. The Ali Group…
January 6, 2014
NPD Reports Both Chains And Independents Added Units In 2012, While Traffic Rose 1%
The net numbers of both chain and independent restaurant units in the U.S. were up 0.7%, an increase of 4.442 restaurants, in the year ended September 2012, according to the latest data from NPD Group’s twice-a-year ReCount Census. The Port Washington, N.Y.-based research firm also reported that overall restaurant traffic for the year ended November…
January 6, 2014
Sales And Traffic Tank In February RPI, But Cap-Ex Measures Hold Up
Same-store sales and traffic took a beating in February, according to the latest tracking data from The National Restaurant Association’s Restaurant Performance Index, released Mar. 29. The overall index fell 0.8 point to 99.9, below the 100 level separating expansion from contraction. It was the fourth month in the last five that the index has…
January 6, 2014
Heard In the Aisles At NRA: Operator Sales, E&S Market Looking Stronger
Generally, the mood and attitude of nearly everyone—operators, dealers, consultants and manufacturers—we spoke to at the National Restaurant Association’s annual show in Chicago May 18-21, was good. Most reported a slow, but not disastrous, first quarter. The first-quarter numbers from MAFSI and the publicly reporting E&S companies bear this out with very modest sales growth…
January 6, 2014
Retail Outlets Will Take Traffic Share From Restaurants Over The Next Decade, NPD Forecasts
Among the predictions in The NPD Group’s recently released “A Look into the Future of Foodservice” study is this one: Prepared foods provided by retailers such as supermarkets and drug stores will continue to capture share of the meals/snacks market by taking visits from restaurants. The study, which looks at the foodservice market out through…
January 6, 2014
Expanded MAFSI Barometer Measures Record Gain In 2Q
Sales of foodservice equipment and supplies posted surprisingly strong gains in the second quarter of 2013 versus the year-prior quarter, according to the MAFSI Business Barometer from the Manufacturers’ Agents Association for the Foodservice Industry, released last week. The 6.1% jump in sales was a record quarterly gain for the Barometer, which was first established…
January 6, 2014
Traffic Flat In Canada Past Year, Says NPD, But CRFA Forecast For 2014 Improves
The Canadian economy and its foodservice market have been stagnant the past couple of years. Growth of real gross domestic product is forecast at 1.7% this year, after growing only 1.8% in 2012, according to Blue Chip Economic Indicators. This has contributed to sluggish foodservice growth. The NPD Group reported Oct. 22 that traffic for…
January 6, 2014
Canada Foodservice Sales Jump In Third Quarter
A strong quarter at full-service restaurants helped drive overall same-store sales gains in Canada during the third quarter, according to the latest Restaurant Outlook Survey from the Canadian Restaurant and Foodservices Association. Operators remain moderately optimistic about prospects during the next six months. The overall percentage of foodservice operators who reported rising same-store sales in…
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