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January 6, 2014
Caddy Promotes Bailis, Carter To Top Posts
Caddy Corp., the Bridgeport, N.J., ventilation and conveyor manufacturer, has announced a number of strategic appointments. Seasoned salesman Phil Bailis has been named v.p.-sales, where he will oversee all sales and marketing functions. Industry veteran Tom Carter has moved into the position of director of consultant relations, where he will focus on consultant seminars and…
January 6, 2014
Middleby Expands In India: Acquires Celfrost, Names New Group President
The Middleby Corp. has acquired the commercial refrigeration and foodservice products business of Celfrost Innovations Pvt. Ltd., a Gurgaon, India-based firm with $20 million in annual sales. The Celfrost business was acquired by Middleby’s newly established entity in India, Middleby Commercial Food Innovations Pvt. Ltd. Celfrost manufactures foodservice equipment including refrigerators, ice machines, freezers and…
January 6, 2014
CESA Celebrates 75 Years
The Catering Equipment Suppliers Association is marking its 75th anniversary this year. CESA, first established in 1938, is the UK’s largest and most influential membership group for companies that manufacture, import/export, distribute, install and/or service commercial catering equipment. It has more than 160 members encompassing the full spectrum of equipment and ancillary services, utensils and…
January 6, 2014
Der Wienerschnitzel Makes Cultural History In L.A.
Los Angeles has many architectural and historical landmarks but few hold the kind of memories created in the original Der Wienerschnitzel outlet. Last month, the L.A. City Council added the nondescript, flat-roofed drive-through, the first of more than 350 opened by the Wienerschnitzel chain, to its registry of historic-cultural monuments. While admitting it is a…
January 6, 2014
Consumer Confidence Ticks Up Mid-February Though Consumers Appear Conflicted
The mid-month reading on consumer sentiment from Thomson Reuters/University of Michigan Surveys of Consumers surprised some observers by popping up to 76.3 from the final January reading of 73.8. Economists polled by Reuters had expected the index to rise only slightly. The current conditions and expectations measures also rose. Surprisingly, households with incomes below $75,000…
January 6, 2014
Restaurant Visits With Kids Remain Flat, Says NPD
While restaurant traffic involving adults rose 1% in 2012, thanks mostly to a gain in breakfast occasions, visits by parties with children remained flat last year, according to The NPD Group. Visits by parties with kids have been flat for two consecutive years after declines from’08 to ’10. Because adult-only visits account for 68% of…
January 6, 2014
Jobs Growth In May Likely To Buoy Rising Consumer Confidence
Let’s hope we don’t get fooled again. The U.S. economy, at least as measured by jobs growth and consumer confidence, finally seems to be gaining some traction. Nonfarm payroll employment posted another moderate gain of 175,000 jobs in May and over the past 12 months has averaged 172,000 new jobs monthly, according to the latest…
January 6, 2014
Register Now For FER’s E&S Forecast Seminar Next Month. Time’s Running Out!
Time is running short to register for the industry’s only annual hard-numbers forecast overviewof the foodservice equipment and supplies market. Foodservice Equipment Reports’ 2014 President’s Preview E&S Market Forecast is Wed., Aug. 7, at the Westin O’Hare Hotel in Rosemont, Ill. The annual one-day event provides manufacturers, operators, dealers and others in the industry an…
January 6, 2014
The Balance Of Power Between Limited And Full Service Shifts Yet Again
Our good friend Scott Hume ran a very interesting item in the Sept. 5 issue of his Burger Business e-newsletter. He reported that customer satisfaction with limited-service restaurants in the United Kingdom reached parity for the first time in satisfaction with full-service concepts, according to research from the National Customer Satisfaction Index. The research group…
January 6, 2014
U.S. Employment Growth Accelerates in October
The monthly jobs report from the Bureau of Labor Statistics surprised nearly everyone Nov. 8, citing an addition of 204,000 jobs in October. The BLS also revised jobs growth for August and September, adding another 60,000 to the total. Thanks in part to inconsistencies in the way furloughed federal-government workers were counted in the establishment…
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