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January 6, 2014
Johnson-Lancaster Expands to New Corporate Facility
Johnson-Lancaster and Associates has relocated its corporate headquarters to 13031 U.S. Hwy. 19N, Clearwater, FL 33764. Johnson-Lancaster’s contact information, including phone, fax and email has not changed. The move to the 70,000-sq.-ft. facility in Pinellas County provides the fast-growing dealer with an additional 50,000 sq. ft. of space. “In the new facility, we have been…
January 6, 2014
Unified Brands Promotes Campise To National Sales Post, Plans Corporate Move To Atlanta
Big news keeps rolling out at Unified Brands. George Campise has been promoted by the company to the newly created position of national sales director. Campise, who had been eastern sales director, now will be responsible for overseeing the development and sales of Unified’s core business within the rep and dealer communities for the Groen,…
January 6, 2014
Cornelius Gets New Parent: Berkshire Hathaway’s Marmon Group
IMI is selling its beverage dispensing and merchandising businesses, including 82-year-old Cornelius, to the Berkshire Hathaway-owned Marmon Group. The Glendale Heights, Ill.-based Cornelius, which makes valves and dispensers and other parts for beer, juice, soft-drink and frozen-drink equipment, accounts for about 14% of IMI’s overall revenue. In addition to Cornelius, the $1.1 billion sale includes…
January 6, 2014
Burger King Opens First Restaurant In Southwest China
Burger King, which first entered China in 2005, is expanding into the country’s southwestern market. In August, it opened its first restaurant in Chengdu, Sichuan province, marking the chain’s first outlet in southwestern China and a crucial first step for Burger King’s development across the region. Over the next five years, the Miami, Fla., chain…
January 6, 2014
Unified Brands Taps Sales Chiefs For Eastern U.S.
Two regional posts have been filled at Unified Brands. The Jackson, Miss., company has promoted Dan Monfort to regional sales manager-northeast, and hired Bryan Spencer for the same post, overseeing the southeast. Both Monfort and Spencer will manage the local representatives for Unified’s core business in the eastern United States and maintain and develop relationships…
January 6, 2014
NRA’s RPI Fell Again In December, But Cap-Ex Measures Jumped
Steep declines in the indicators for current same-store sales and traffic pushed the National Restaurant Association’s Restaurant Performance Index lower in December. But the two markers that track operator capital spending posted strong gains and all the other indicators rose or were flat. Still, the overall index stood at 99.7, the third month the index…
January 6, 2014
Special Report: FER Revises 2012 and ’13 E&S Market Forecasts
Better than expected fourth-quarter 2012 results and a distinct softening of foodservice operator sales in the first quarter of 2013 has prompted Foodservice Equipment Reports to revise its forecasts of the foodservice equipment and supplies market. With the seven publicly reporting E&S companies posting 3% sales growth in the fourth quarter and the MAFSI Barometer,…
January 6, 2014
Independents Grew Faster Than Big Chains Last Year, Reports Technomic
It’s been a rule of U.S. foodservice for decades that chain restaurant operators grow faster than independents. And big chains—those with more than 500 units, which tend to be big quick-service brands—appear to remain dominant in terms of traffic and sales growth. But new data from Technomic Inc.’s just released annual Top 500 Report and…
January 6, 2014
Technomic Releases New College Foodservice And Fast Casual Reports
Two new reports, one on consumer trends in college and university foodservice and another tracking the Top 150 fast-casual chain brands, are now available from Technomic Inc. Student patronage levels have almost returned to pre-recession levels, according to the research firm’s updated “College & University Consumer Trend Report,” with 69% of students now purchasing food…
January 6, 2014
FER’s Complete 2014 E&S Forecast Available To Help With Your Budget And Strategic Planning
If you missed the President’s Preview last month, you can still purchase the entire forecast for $1,295. It includes eight PowerPoint decks covering data and analysis of macro-economic, operator and materials-price trends as they impact the foodservice E&S market, as well as exclusive information on E&S manufacturer list-price trends from AutoQuotes. FER’s annual rankings of…
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