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July 11, 2016
More Big Dealer Consolidation, And What It Might Mean For The Distribution Landscape
Two weeks ago, we wrote about dealer consolidation and growing internet sales of equipment and supplies, and how they might affect smaller dealers, buying groups, and the entire distribution landscape. If you missed it, it’s here. That column prompted several of you to write us with your thoughts, and we want to share some of…
July 11, 2016
Parts Town Gets Investment Infusion From Berkshire Partners
Parts Town has undergone a major recapitalization led by Boston-based investment firm Berkshire Partners. Summit Partners, an existing shareholder in Parts Town, will remain a significant investor in the company. Terms of the transaction were not disclosed. “Parts Town possesses a customer-centric and innovative culture, which has driven remarkable growth,” states Kevin Callaghan, a managing…
July 11, 2016
FEDA Members: Two Weeks Left For Profit Survey
The deadline is near for FEDA’s 2016 Profit Survey. The survey, free to members, presents a wealth of financial and operating guidelines to participating dealers and provides direct comparisons between a dealer’s firm and his or her competitors. The questionnaire can be found on
July 4, 2016
Do Swings In NRA’s Current Situation Index Signal A Slowdown?
One month they’re up, the next they’re down. The components that track current same-store sales and customer traffic exhibited wild swings once again in the National Restaurant Association’s May Restaurant Performance Index survey—this time downward. These indicators have been whipsawing wildly month to month since December 2015, when a steep drop helped drive the overall…
July 4, 2016
Among States, 45 Posted Net Unit Gains In 2015
On the state level, restaurant unit growth trends were mostly positive in 2015, according to data from the Bureau of Labor Statistics. As reported by NRA Chief Economist Bruce Grindy in his June 10 “Economist’s Notebook” blog, 45 states and the District of Columbia added eating and drinking place locations in 2015, while only five…
July 4, 2016
Restaurant Market Grew By Nearly 10,000 Units In 2015
The restaurant industry continued to grow net units in 2015, according to data from the Bureau of Labor Statistics, as reported by NRA Chief Economist Bruce Grindy in his “Economist’s Notebook” June 9 blog on the association’s website. The restaurant industry added a net 9,877 establishments in 2015, an increase of 1.7%. The 2015 increase…
July 4, 2016
Brexit Fallout Looks Mostly Negative For UK Foodservice, Says Horizons’ Peter Backman
With the global turmoil of the June 23 referendum in the United Kingdom to pull out of the European Union playing out worldwide, FER Fortnightly asked Peter Backman, principal at London-based foodservice firm Horizons FS Ltd. for his views on the potential impact on foodservice in the U.K. The key word is “uncertainty,” and as…
July 3, 2016
Chicago City Council Approves Paid Sick Leave
Chicago has joined more than two dozen other U.S. cities, including Los Angeles, in requiring employers to provide paid sick leave. The ordinance, which guarantees nearly every worker in the city up to five days of paid sick days each year, will take effect in July 2017. The new paid sick leave rules will increase…
July 3, 2016
Did You Comment? Energy Star Refrigerators And Freezers Update
Comments to the EPA were due by July 5 on the agency’s new guidelines on of its product development page for Energy Star Commercial refrigerators and freezers contains further details. Specification information is available csouhrada@nafem.org.
July 3, 2016
Wendy’s Enters Brazil
Just weeks ahead of next month’s opening of the Olympics in Rio de Janeiro, Wendy’s is making its debut in the Brazilian market. The chain will open two stores in Sao Paulo through a partnership between Brazil’s Infinity Services and the Starboard Group, one of Wendy’s largest U.S. franchisees and a subsidiary of the Dublin,…
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