The surprise election of Donald Trump as U.S. president has not ended the uncertainty caused by the campaign, according to a number of commentators. But it also creates an opportunity that the foodservice industry may be spared some regulations viewed as onerous.A number of restaurant chain executives had cited the turmoil of the election as…
MOREA slowdown in sales to both restaurant and retail chains, combined with divestitures, undermined revenue growth for publicly reporting foodservice equipment and supplies companies in the third quarter of 2016.
MOREWholesale food prices at all three stages of demand fell again in October, according to Producer Price Index data from the Bureau of Labor Statistics, released Nov. 16. Prices at the final demand stage have fallen three of the past four months. They were off 0.8% in October after rising 0.5% in September. The overall…
MOREThe University of Michigan’s Surveys of Consumers Consumer Sentiment Index jumped back to 91.6 during early November, reversing a drop in the final October reading of 87.2 from 91.2 in September.
MORECanada’s two largest foodservice equipment dealers, Hendrix Hotel & Restaurant Equipment and Supplies and Russell Food Equipment, have united into one company: Russell Hendrix Foodservice Equipment. The merger comes about after Blue Point Capital Partners acquired a controlling interest in Brockville, Ontario-based Hendrix. “The complementary geographic exposure, product diversification and sales structure is game changing…
MOREMcDonald’s is trying on the fast-casual model. The chain announced last week that it is expanding its digital ordering stations and table service to all of its 14,000 American restaurants. “Typically, the majority of our crew is behind the counter, and that counter literally has been a barrier between our crew and the customer,” says…
MOREIt looks as though Californians are going to have more chances to buy Dilly Bars and chicken strips. Minneapolis-based Dairy Queen is planning on opening 50 to 60 stores in Los Angeles, San Bernardino, Riverside, and Orange counties in the next decade. It would be a significant step up from the brand’s 98 locations in…
MOREThe Legacy Products Companies and Focus Products Group International have signed a letter of intent by which Legacy will acquire the West Bend Electrics division of Focus. The transaction is expected to close within 45 days. Focus, a portfolio company of Centre Lane Partners, owns retail and commercial brands in bath and home fashion. The…
MOREWesterville, Ohio-based Zink Foodservice has hired two new regional account managers to oversee sales activities for healthcare and educational accounts in central and southern Ohio: Frank Rivelle joins the central Ohio team and Christie White joins the Kentucky, southern Indiana, southern Ohio, and southern West Virginia team. General Parts Group is opening its 25th service…
MOREChurch’s Chicken has promoted Joseph Christina to CEO. He has served as the Texas chain’s executive v.p. of U.S. operations since 2013, overseeing more than 1,150 franchise and company-owned restaurants in 29 states. Prior to joining Church’s, Christina served as senior v.p. at Burger King as well as other roles at that company. He succeeds Jim Hyatt,…
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