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April 3, 2012
Denver Operators Debate Inspections Deal
Two years after agreeing to a deal in which Denver’s Department of Environmental Health would stop posting reports of critical violations on restaurants’ front doors in exchange for accepting higher fines for infractions, the Mile High City’s operators are seeing red. The phrase “ticket quotas” is being bandied about, and Denver restaurateurs are alleging that…
April 3, 2012
UFPC, Franke, Wasserstrom Team Up To Purchase PrimeSource
PrimeSource FoodService Equipment. Each will gain an expanded customer base in the domestic equipment, smallwares and international equipment and smallwares arenas, respectively. UFPC is the exclusive supply chain management organization for Yum! Brands and its three restaurant systems: KFC, Pizza Hut and Taco Bell. UFPC also manages the supply chain for A&W and Long John…
April 3, 2012
California Food Truck Ban Bill On Hold
California legislation which would have set limits on where and when food trucks could park during school hours has been withdrawn by its sponsor from consideration by the state legislature. Assembly member Bill Monning (D.-Monterey), introduced AB-1678 requiring food trucks to park no closer than 1,500 feet—later amended to 500 feet—from any school during school…
April 3, 2012
Five Guys Leads Fastest Growing Chains In 2011
As we reported in the last issue of FER Fortnightly, the Top 500 Chains posted overall growth of 3.4% last year, nearly double that of 2010, according to preliminary data from Technomic Inc. That growth adds up to more than $8 billion. But while 60% of the 500 concepts reported gains in ’11, the gains…
April 3, 2012
Manufacturer CFOs Optimistic About 2012, Survey Finds
Chief financial officers at Prime Advantage member companies remain very optimistic about their own companies’ financial prospects this year, though they are slightly less upbeat about the general economy. The fourth annual CFO survey by the manufacturers’ buying consortium, which includes many leading foodservice equipment and supplies companies, reports that 69% of executives are more…
April 3, 2012
NRA Performance Index Rose Again In February
Strong gains in same-store sales and customer traffic offset a slight downturn in foodservice operator optimism in February as the National Restaurant Association’s Restaurant Performance Index rose again in February. The overall index was up 0.6 point to reach 101.9. It was the sixth consecutive month the index has been at or above 100, the…
April 3, 2012
Growth Of Public E&S Companies Slows In Fourth Quarter
After posting strong growth in blended revenues through most of 2011, seven large equipment and supplies companies saw their sales growth slow in the fourth quarter last year. Combined sales rose 3.1% in the quarter, versus the prior year quarter, down markedly from the 8.5% growth of the second quarter and 7.5% increase in the…
April 3, 2012
INTERNORGA 2012: Good Spirits, Positive Spending Climate
The mood was good and operators appeared keen to invest, according to the exhibitors at INTERNORGA 2012. The international trade show, staged March 9-14 in Hamburg, Germany, featured more than 1,200 companies from around the globe. The show was attended by nearly 100,000 visitors from Germany and abroad; more than half of those visitors represented…
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