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March 29, 2016
Irish Firm Acquires Smith & Wollensky
Danu Investment Partners, an Irish company, has acquired Boston-based Smith & Wollensky Restaurant Group, which include the upscale steakhouse chain and the 2-year-old Wollensky’s Grill concept. Terms of the deal were not disclosed. New owners Dublin-based Danu first licensed the Smith & Wollensky name for a London restaurant in June 2015. Now, with the acquisition,…
March 29, 2016
In Memoriam: Consultant Thomas Moseley
Thomas Moseley, 58, died suddenly March 16 while traveling for business in Saudi Arabia. Moseley was founder and president of The Moseley Group, a Franklin, Mass.-based strategy and design consultancy to multiunit chains. He was a leader in transforming the way restaurants operate today. In the early 1980s, he was among the first to move…
March 29, 2016
TGI Fridays Changes Stripes With New Prototype
TGI Fridays is seeking millennials (and customers with a millennial-mindset). Earlier this month, the 51-year-old chain opened the doors of a new prototype in Corpus Christi, Texas. Instead of candy-stripe awnings and dark booths, the10,000-sq.-ft. restaurant delivers a brighter, more vibrant interior, with flexible “fluid social zones” where guests can adapt seating and spaces to…
March 29, 2016
U.K. Foodservice Sales Growth To Slow Slightly In 2016
A slight slowdown in growth of the British economy, a somewhat more cautious consumer, and the uncertainties surrounding the referendum on the United Kingdom’s continued membership in the European Union are among the “stones in the road” impacting the foodservice market in the U.K. These factors and others led London-based foodservice research firm Horizons to…
March 29, 2016
GALLERY: Heavy-Duty Ranges
AMERICAN RANGE MEDALLION SERIES American Range’s Medallion Series 34-in.-wide, 6 open-burner range sports stainless front and sides and your base options include a standard oven or convection oven. The 30,000-Btu/hr. burners have lift-off heads; easily remove the cast-iron grates over each burner section. A 1-piece aluminized steel drip tray covers all burners. The 40,000-Btu/hr. oven…
March 29, 2016
Public E&S Companies Finish 2015 Up 3.3%
Structural problems at several companies, slowing growth in most major international markets and a surprise negative quarter from Middleby Corp. impeded growth at the eight publicly reporting equipment and supplies companies in 2015. The companies’ combined sales rose 3.3% for the year, significantly below 2014’s 5.5% growth and the four-quarter average growth of 4.9% in…
March 22, 2016
Get Your FER Top Dealer Survey In Now!
Christine Palmer just sent Beth Lorenzini, our editor-in-chief, and me an update on our annual Top Dealer survey. Only about half of you who verified your sales last year have submitted your forms. Get on the stick! Don’t make us chase you! Don’t make us beg! Just go to fermag.com/research/dealer-survey.html, download and fill out the…
March 21, 2016
Register For August CFSP Session In Chicago
The biennial NAFEM Show and the National Restaurant Association Show offer a multitude of events and exhibits and leaning opportunities, but the CFSP overview and exam is no longer available at either show. However, opportunity knocks this summer for industry professionals planning to be certified: NAFEM will host its annual overview seminar and exam at…
March 21, 2016
Cyber Security Gets Spotlight At FEDA
April Fool’s Day might be April 1, but don’t be fooled by the agenda that day at FEDA’s Annual Convention, March 30-April 3, in Tucson, Ariz. That afternoon’s sessions cover serious issues—business and the web, and the resulting vulnerabilities to havoc and dirty tricks. In “The Cyber Blacklist: Bulletproofing Your Business” speaker John Sileo, CEO…
March 21, 2016
Associations, Buying Group Meetings In Full Bloom
Spring meetings are busting out all over, and the season is only half over. NAFED, NESA, NISSCO and R.E.D. already hosted meetings in February and March. Still coming up, in addition to FEDA’s March 30-April 3 Annual Convention in Tucson, Ariz., are: ABC Spring Conference, May 2-5, San Antonio. Excell Annual Conference, May 16-19, Palm…
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