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January 6, 2014
Chain Same-Store Sales Trending Flat In First Quarter, Reports Technomic
With about two-thirds of chains having reported, same-store sales in the first quarter this year are barely above even, according to preliminary data compiled by Technomic Inc. With 46 of the approximately 70 chains reporting, Technomic’s weighted average less McDonald’s was up only 0.14% for the quarter compared with the first quarter in 2012. The…
January 6, 2014
Foodservice Jobs Growth: Goosed By Shift To Part-Time Workers?
Foodservice, a subset of the leisure and hospitality employment segment, has been adding workers at a much faster pace this year than last, another possible indication that the industry is finally pulling out of the Great Foodservice Recession once and for all. The Bureau of Labor Statistics reported a 75,000 net gain for leisure and…
January 6, 2014
FER Forecasts Stronger E&S Market Growth In 2014
After a slow period in the first half of 2013, Foodservice Equipment Reports predicts growth of the foodservice equipment and supplies market will accelerate in the second half of this year and into 2014. The magazine unveiled its forecast during FER’s annual President’s Preview E&S Market Forecast meeting, held Aug. 7 at the Westin O’Hare…
January 6, 2014
What Key Government Data Are We Missing?
Writing FER Fortnightly Economic Report is more challenging this week in part because we are missing a number of key government reports. Among them are the monthly report on U.S. employment, the Producer Price Index and the Consumer Price Index. Nearly all of the statisticians at the Dept. of Commerce, the Bureau of Labor Statistics,…
January 6, 2014
Wholesale Food Prices Rise Again While Menu Prices Rise Slightly
Food prices at the wholesale level rose for the fifth month in the last six, according to October data from the Bureau of Labor Statistics released last week. The combined wholesale increase, as computed by the National Restaurant Association, was 0.3% compared with September. This number averages a gain of 0.8% at the finished level,…
January 6, 2014
Bloomberg Eyes Ban On Foam Foodservice Packaging
New York Mayor Michael Bloomberg, who has already battled trans fats, smoking and supersized sodas during his 11 years in office, has now proposed a citywide ban on “foam-based foodservice products,” including coffee cups, trays and clamshell containers. “We have unfinished business and only 320 days to complete it,” said the mayor in his final…
January 6, 2014
ANSI Marks World Standards Week
During the same week that the United States government shut down, the American National Standards Institute is marking World Standards Week, highlighting the role standards play in the global economy. ANSI’s Sept. 30-Oct. 4 commemoration aims to raise awareness about the importance of standardization to the world economy and promote the role of standards and…
January 6, 2014
Massachusetts City Sets Country’s Toughest Trans Fat Ban
Not even trace amounts of trans fat will be allowed in restaurant food served in Chelsea, Mass. The city just next door to Boston voted July 16 to enact the harshest trans fat ban in the country; while other cities that have established similar bans have allowed for trace amounts of artificial trans fat in…
January 6, 2014
Composting Needs More Than Lip Service
Composters, manufacturers and restaurant executives have more work to do before compostable plastic products get wider use in the food industry, according to Jeff Clark, director of the National Restaurant Association’s Conserve Education Sustainability Program. Clark, one of the speakers at a webinar organized by the Foodservice Packaging Institute, said four barriers need to be…
January 6, 2014
What’s Behind All The M&A Deals In E&S
The brokers and investment bankers that help equipment and supplies companies buy and sell other companies had a very busy 2012. Foodservice Equipment Reports and our forecasting partner John Muldowney, v.p.-marketing at Alto-Shaam, counted 22 transactions completed or announced during the year, more than double the 10 recorded in ’11. A number of factors drove…
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