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U.K. May Suffer From Unit Saturation, Horizons Suggests
In its 2016 outlook for the foodservice market in the United Kingdom, Horizons FS Ltd., the London-based foodservice research firm, posits that rapid unit growth in the country during the past decade and a half has created overcapacity that will hold down same-store sales for the foreseeable future. “Relentless growth amongst group operators has driven…
NPD Reports Traffic Rose In Seven Major Global Markets 2Q 2015, Predicts 1% U.S. Gain In ’16
Seven of the 11 foodservice markets tracked by the NPD Group’s CREST consumer research experienced traffic gains in the second quarter 2015 vs. the same quarter year prior, the latest quarter for which NPD has publicly released data for the 11 major foodservice markets it tracks worldwide. “Optimism, though cautious, abounds throughout the global foodservice…
FER’s Equipment And Supplies Market Growth Forecast Holds At 4.6%
Given continuing favorable macroeconomic trends and near-record operator capital-spending activity in the latter part of 2015, Foodservice Equipment Reports has held to its 2016 forecast for current-dollar growth of the foodservice equipment and supplies market in the U.S. and Canada at 4.6%. Factoring out anticipated price increases by manufacturers, the magazine predicts real growth of…
HOST Hits Record Attendance Of More Than 150,000
It’s hard to disagree that HOST Milano is, as the show organizers claim, “the leading worldwide exhibition for the professional hospitality industry,” or at least for the equipment and supplies aspect of it. The show, held at Fiera Milano Oct. 23-28, attracted 150,968 visitors with 60,383—40% of them—from outside Italy. Both were records. Overall attendance…
Hoshizaki Makes A Stand For Refrigeration
It’s an undercounter refrigerator and a chef’s stand and a worktop. It’s Hoshizaki America’s Commercial Series CRES98 Refrigerated Equipment Stand. The 2514mm (98”) -wide two-section chef stand’s exterior and worktop are constructed of high quality stainless. The easy-to-clean worktop boasts 680kg (1500 lb.) equipment capacity with a built-in high-temp heat shield. The CRES98 features a…
Rotisol Lights Up
Rotisol is keeping the spin going with a new range of ergonomically designed rotisseries. Its Grand Flame series boasts innovative features increasing both functionality and appearance. Yesterday’s plastic switches and gas knobs have been replaced by modern and durable brass fittings; cabinet edges have been rounded and patented low-level stainless burners incorporated for superior flame-cooking…
Electrolux Refrigeration Leads The Class To New Energy Mandates
The first-ever mandatory EU energy labelling for commercial refrigerators and freezers are coming into effect this July. Ahead of that curve is Electrolux Professional, which has introduced a new generation of ecostore refrigeration already compatible with the requirements of top classes: ecostoreHP. The new line is in class A, denoting the most efficient energy-saving products.…
Manufacturer Associations Hold Global Summit Meeting
Some of the world’s major foodservice and catering equipment manufacturers’ associations sat down in November to discuss issues and seek international solutions to challenges that face the global foodservice industry, ranging from the need to meet climate change commitments to the growing regulatory burdens on equipment manufacturers and suppliers. The inaugural Global Foodservice Equipment Summit,…
Itsu Fattens Wallet For Overseas Expansion
Itsu, the London-based sushi shop concept launched by Pret a Manger co-founder Julian Metcalfe in 1997, is looking to expand internationally over the next three years. It recently received the funding from HSBC of £40 million ($US61 million) to do so. “Itsu is a dynamic fast-food retailer with high growth prospects, a respected brand and…
WAI Completes Acquisition Of FER’s Parent, Gill Ashton Publishing
Gill Ashton Publishing, LLC, parent of Foodservice Equipment Reports and its foodservice equipment- and supplies-oriented media, including Worldwide Report, has been acquired by Wolters-Althoff Investments, LLC. GAP was founded in 1996 when it began publishing FER magazine. WAI, based in Chicago, is the private equity and venture capital arm of the Wolters Family Office headed…
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