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July 24, 2012
Observers Express Concern About Drought’s Effects On Protein Prices
Many observers of the foodservice industry, including Technomic Inc., the National Restaurant Association and others, have been voicing concern about the almost certain impact on food prices, especially proteins, of the severe drought in much of the central part of the U.S. The corn crop, the key feedstock for beef, pork and poultry, has been…
July 24, 2012
Wholesale Food And Menu Prices Rose Again In June
Wholesale food prices rose for the third month in the last four and menu price increases outpaced those at grocery stores again in June, according to producer and consumer price data released in mid-July by the Bureau of Labor Statistics. According to analysis from the National Restaurant Association, average wholesale food prices rose 0.4% in…
July 24, 2012
CRFA Boosts Forecast for Restaurant Sales This Year
“Restaurant sales are in better shape than we expected,” the Canadian Restaurant and Foodservices Association stated in a release July 14 announcing an upgrade in the groups’ forecast for restaurant sales in Canada this year. The group revised its forecast upwards to 4.2% nominal growth from its original forecast of modest 2.9% growth, made last…
July 24, 2012
Despite Uncertainties, FER Forecasts 2.5% E&S Market Real Growth In `13
“Sure, it’s an economic and political environment fraught with uncertainties,” Foodservice Equipment Reports Publisher Robin Ashton told attendees at the magazine’s annual E&S Market Forecast President’s Preview meeting, held in Rosemont, Ill., on July 24. “But the fundamentals for continuing growth of the equipment and supplies market remain strong, not just next year,” he continued,…
July 24, 2012
Ace Mart Honors Top Reps, Appoints Brand Director
Last month’s Southwest Foodservice Expo in Dallas was the setting for Ace Mart Restaurant Supply’s annual rep of the year awards. The San Antonio-based, family-owned E&S dealer named Mark Lemons & Associates as its Independent Rep of the Year. Honorees were Tony Dettling, Steve Dumar, Doris Dettling and Mark Lemons. It is the firm’s second…
July 24, 2012
Leadership Change At Blanco
Friedrich Schock has been named CEO at Blanco CS (Customized Solutions). He succeeds Rolf Waldi, who is retiring after 21 years with the German manufacturer of cooking, catering, storage and dispensing equipment. Waldi was appointed CEO in 2009. Schock has been co-CEO since last November. He will lead the company in cooperation with Stefen Walter,…
July 24, 2012
NACUFS Conference Gets High Marks, Honors Operations
The National Association of College & University Food Services focused on “Revolutionary Thinking” at its 2012 National Conference in Boston last week. The July 11-14 meeting welcomed more than 900 individuals representing 239 colleges and universities, as well as more than 300 industry representatives. Two dozen operations and individuals were honored with awards: Theodore W….
July 24, 2012
Peet’s Acquisition Gives A Jolt To Coffee Market
Peet’s Coffee & Tea is turning over a new leaf. The chain announced on July 23 that it has entered into a definitive agreement to be acquired by European holding company Joh. A. Benckiser. The transaction is valued at about $1 billion. The deal will put Peet’s in private hands. It was unanimously approved by…
July 24, 2012
Chicago Says Yes To Food Trucks, But…
Chicago is one of the last major American cities to allow food trucks to patrol its streets. For the past few years, the city has allowed food trucks to sell prepared and prepackaged foods, but under pressure from bricks and mortar operations, it did not allow any onboard cooking. On July 24, the Chicago City…
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