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November 19, 2012
After Sales Drop, McDonald’s USA Turns To New Leadership
A week after the chain reported its first monthly same-store sales decrease in nine years, McDonald’s Corp. has replaced Jan Fields as president of McDonald’s USA. The Oak Brook, Ill., chain has named Jeff Stratton, currently global chief restaurant officer, to succeed Fields, effective December 1. Fields has been with McDonald’s for more than 35…
November 13, 2012
Jamba Juice Plans Revamp
A makeover is in store for all 301 corporate Jamba Juice units in the U.S. next year. The Emeryville, Calif., chain is launching a four-year capital expenditure program to refresh and redesign its company-owned stores; it also has 454 franchised stores. Jamba Juice has told investors its 2013 plans include growing its 788-unit base with…
November 13, 2012
Tim Hortons Opens 20th Middle East Store, Sets Full Panini Rollout In Canada
The American market has proved to be competitive ground for Canada’s largest quick-service chain, Tim Hortons, but its third quarter proved promising on either side of the border—and in the Middle East. On Nov. 12, the chain opened its first restaurant in Oman; the opening marks the 20th Tim Hortons restaurant in the region since…
November 13, 2012
Insurance Tips For Operators Hit By Sandy
In the aftermath of SuperStorm Sandy, the National Restaurant Association has posted tips for restaurant insurance. East Coast operators affected by the recent hurricane and snowstorms can follow a few basic steps to make the insurance-claims process easier, according to a recent client alert from the insurance recovery experts at the Pillsbury law firm. Among…
November 13, 2012
U.S. Macroeconomic Forecasts Remain Weak
The forecasts for key economic drivers of foodservice remained weak in the early November survey of 50 leading economic forecast groups, according to Blue Chip Economic Indicators. The forecast for real gross domestic product in the U.S. rose slightly to 2.2% for 2012, thanks to a stronger than expected advance GDP number for the third…
November 13, 2012
Full-Service Restaurants Continued To Lose Traffic In Second Quarter, Reports NPD
Midscale and casual dining restaurants continued to see traffic declines in the second quarter of 2012, according to The NPD Group’s CREST data. Both segments have now seen four consecutive years of quarterly traffic declines, the research group reported. A 1% gain in visits to quick-service concepts kept overall traffic flat in the quarter. QSR…
November 13, 2012
NRA’s Performance Index Edged Down In September, But Cap Ex Indicators Rose
A pronounced slowdown in restaurant operator traffic and sales in September pulled down the Restaurant Performance Index maintained by the National Restaurant Association. On the other hand, operators are a bit more optimistic about the short-term future. The overall index fell 0.3 point to 100.3, but remained above the 100 tipping point the separates expansion…
November 13, 2012
Public E&S Companies Growth Stalls In 3Q
While chain equipment and supplies purchases in the U.S. remained healthy in the third quarter, the recession in Europe once again pulled down sales at both ITW’s Food Equipment Group and Manitowoc Foodservice. As a result, combined sales for the seven publicly reporting E&S companies were flat in the third quarter 2012 compared to the…
November 13, 2012
ANFP Seeks New Chief Executive
The board of the anfponline.org. The closing date for resumes is Thursday, Dec. 13. Anyone interested in being considered for the position can contact JDG on a priority basis.
November 13, 2012
Registration Begins For NACUFS Meeting
Registration opens this week for a double dose of professional development programs sponsored by the National Association of College & University Food Services. The Foodservice Directors Symposium and Purchasing Seminar will come together Jan. 21-23 at Hotel Contessa, in San Antonio. Each of the programs will feature targeted networking and education for attendees, plus one day…
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