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May 17, 2016
Ali Appoints Sales VPs At Victory, Beverage-Air
Two major appointments have been made at Ali Group-North America’s Refrigeration Division. Alexander Tappé, who has been serving as director of sales at Victory Refrigeration, has been promoted to Vice President of Sales. Erica Motes, who had been serving in the same post at Beverage-Air, has been named that company’s Vice President of Sales. Tappé…
May 17, 2016
PRIDE Unveils New CEO
PRIDE Marketing and Procurement, the dealer/shareholder-owned buying group, has appointed Karin Sugarman as its new Chief Executive Officer. Sugarman started her career in the foodservice equipment industry with PRIDE in 1992, eventually becoming executive v.p. until her departure in 2012. She expanded her experience in the industry while working on special projects for Scotsman Industries…
May 17, 2016
Excell, NISSCO Join Forces In Strategic Alliance
In a major announcement for the E&S distribution industry, Excell Marketing & Procurement Group and NISSCO Restaurant Dealer Group have formed a strategic alliance as EMPG Holding Co. Now under a common umbrella, the groups look to be a market leader supporting foodservice equipment and supplies dealers. “Excell and NISSCO RDG have independently strived to…
May 17, 2016
MAFSI Reps Report 4.8% E&S Sales Gain For First Quarter 2016
The brief stock market panic and a big winter snowstorm in the Northeast during January this year didn’t stall the foodservice equipment and supplies market after all. Manufacturers’ reps surveyed for MAFSI’s quarterly Business Barometer reported an overall sales gain of 4.8% for the first quarter 2016. The gain exceeded the reps forecast of 4.3%…
May 10, 2016
Panera Continues Paradise Bakery Conversions
More Paradise Bakery & Cafe units acquired by Panera Bread Co. in 2009 will be closed or converted to Panera stores. Panera CEO Ron Shaich says slowing growth at Paradise’s more than 50 restaurants in Arizona, Colorado, Illinois, Nebraska, Texas, and Utah has accelerated conversion efforts. Many of the Phoenix-based Paradise cafés are located in food…
May 10, 2016
Papa Murphy’s Puts Hawaii On Expansion Menu
The Vancouver, Wash., pizza chain expects to add up to 120 new domestic locations, including its first store in Hawaii, in 2016. Over the next four years, the Aloha State will welcome 15 of the take-and-bake pizza outlets, including a store this year in Oahu. Papa Murphy’s also is doubling its footprint in Alabama by…
May 10, 2016
Germany’s JAB To Add Krispy Kreme To Coffee Empire
It’s a sweet takeover for Krispy Kreme Doughnuts. JAB Holding Co. , the German conglomerate and owner of bagel, coffee and tea brands announced May 9 that its JAB Beech subsidiary will acquire the 1,121-unit chain for $1.35 billion. In the past few years, JAB has purchased Einstein Noah Restaurant Group, Caribou Coffee, Krispy Kreme will…
May 10, 2016
Sign Up For FER’s President’s Preview
There’s still time to nab a seat for Foodservice Equipment Reports’ 2016 President’s Preview Equipment & Supplies Market Forecast. But you’re running out of time to register! The annual one-day event, Tuesday, August 9 at the Westin O’Hare, includes Publisher/Research Editor Robin Ashton’s overview of general and operator segment-specific economic environments, trends and forecasts in…
May 10, 2016
Fast-Casual, “Better” Quick-Service Drove Top 500 Chains Growth In 2015
Most chains in Technomic Inc.’s annual Top 500 Chain Restaurant Report had a good 2015, according to the final tallies, released late last month. The report sends a clear message: Limited-service chains are gaining market share. According to the Chicago-based market research firm, cumulative year-over-year sales for chains in the Top 500 ranking grew 5%…
May 10, 2016
NRA’s Performance Index Swings Back Down In March; Cap-Ex Measures Mixed
It’s down, it’s up, it’s down. Restaurant operators surveyed for the National Restaurant Association’s monthly Restaurant Performance Index have been on a roller coaster since December last year. The index showed another steep decline in the March survey, conducted in April. It fell 1.4 point to 100.7. The Current Situation Index dropped 2.6 points to…
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