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Krispy Kreme Tests Coffee Café Unit
Krispy Kreme Doughnuts wants to be more than just the baked goods. A new test outlet near its Winston-Salem, N.C., headquarters sports a revamped layout that puts coffee front and center with barista service and extra seating to encourage customers to buy a cup or two and stay a while. The chain also plans to…
Starbucks Brews Plans For 3,400 Stores In China
Starbucks is adding an extra splash of espresso to its international expansion plans. The chain, which just hit the 2,000-unit milestone in China, has announced plans to operate 3,400 stores there by 2019. Since debuting in China 17 years ago, the country has become the Seattle chain’s second largest and fastest-growing international market. According to…
Alto-Shaam Makes It Official In Dubai
Alto-Shaam hosted the grand opening of its Dubai office last month. The Menomonee Falls, Wis., manufacturer’s Middle East & Africa office, officially opened December 16, is to provide additional support to its business in region, by showcasing its equipment and systems and offering culinary and service training seminars to local chefs. “Alto-Shaam’s vision is to…
Synergy Is The Key In Chefs’ Toys Acquisition Of SoCal Design Firm
Chefs’ Toys, the Fountain Valley, Calif., equipment and supplies dealer, has acquired the restaurant kitchen design firm, Michael Blackman & Associates. MBA has been in operation for more than 30 years as a restaurant kitchen designer in Southern California and nationally. Its client lists ranges from Spago to Fuddruckers to Umami Burger. Its team of…
First Blue Chip General Economic Forecasts For 2017 Signal Continued Moderate Growth
The first detailed forecasts for the direction of the U.S. economy from the newsletter Blue Chip Economic Indicators predict a continuation though slowing of the recent pattern of lower unemployment and moderate growth through 2017. The newsletter, which averages forecasts from 50 diverse economic forecasting groups, was published in early January, before the sudden drop…
Will The Stock Market Crash Affect The E&S Market This Year?
A burning question that was discussed by many at last week’s MAFSI Business Development Conference, held in Scottsdale, Ariz., was this: Will the crash in the equities markets in the U.S. and the rest of the world—as of Jan. 15 the New York Stock Exchange and NASDAQ indexes are off more than 10% since the…
Technomic Tweaks 2016 Forecast, Sees Best Year For Operators In A Decade
A favorable macroeconomic environment in the U.S. is driving operator-sales growth rates to levels not seen since 2007, according to the 2016 foodservice industry forecast revision released by Technomic Inc. on Jan. 12. The Chicago-based foodservice research firm predicts total 2016 industry real sales will grow 2.4%, after factoring out anticipated price increases from forecast…
Erik Nommsen Named President Of Champion Industries
Champion Industries has appointed Erik Nommsen as president of the Champion Group, which includes the Champion, Moyer Diebel and Bi-Line brands. Nommsen, whose appointment was announced January 14, will formally join the Winston-Salem, N.C., warewasher manufacturer on January 18. The appointment marks Nommsen’s second tenure as president of the Champion Group. He previously served in…
Technomic Tweaks 2016 U.S. Forecast, Sees Best Year For Operators In A Decade
A favorable macroeconomic environment in the U.S. is driving operator-sales growth rates to levels not seen since 2007, according to the 2016 foodservice industry forecast revision released by Technomic Inc. on Jan. 12, just as we uploaded this newsletter. The Chicago-based foodservice research firm predicts total 2016 industry real sales will grow 2.4%, after factoring…
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