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Irinox Founder Kaplan Steps Down
Ira Kaplan, president of Irinox USA, stepped down from the company he founded in 2005 on Sept. 1. The former president of Servolift Eastern and past NAFEM president will continue to serve Irinox as a consultant. New leadership of the U.S. outpost of the Italian maker of blast chillers, blast freezers and other products is…
Growth In A Mature Market; More Industry Losses
Since we presented our annual President’s Preview E&S Market Forecast on July 28, we’ve seen more evidence that operators are doing better than they have since the beginning of the Great Recession. But we’ve also seen data that continues to suggest just how mature and competitive the foodservice market is in the U.S. We noted…
McDonald’s Makeovers Rev Up Relevancy
My husband and I just returned from a 12-hour, cross-country trip to drop our middle child at college. Our travels took us through some very rural areas and inevitably we found McDonald’s available at every place we stopped. It’s kind of comforting to see the arches; you know what to expect. Or we thought we…
Flux In Markets Hits Consumer Confidence
The dog days of summer? Not this year. Despite the volatility on the world’s stock exchanges, consumers are in holding pattern of feeling confident, if wary. What does that mean? You can look at the new numbers this way: Despite a dip in late August due mostly to the recent volatility in stock prices, any…
Despite Mixed Results, Public E&S Companies Grew 3.6% In 2Q
The nine publicly reporting foodservice equipment and supplies companies posted combined revenue growth of 3.6% in the second quarter 2015 versus the same quarter last year. While overall growth was moderate, it was the best quarter since Q3/2014, when sales rose 6.7% and more than a full point ahead of first quarter combined growth of…
July RPI Boosted By Stronger Sales, Heavier Traffic
Driven by stronger same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index posted solid improvement in July. Showing its first gain in three months, the RPI stood at 102.7 in July, up 0.7 point from June. In further good news, July represented the 29th consecutive month in which the RPI stood above 100,…
NLRB Ruling Redefines Who’s The Boss
In a long-awaited ruling reverberating throughout the franchising world, the National Labor Relations Board last week upheld the idea of joint employer status, marking a controversial shift in the standard for determining who is liable for hiring practices and employment policies. The ruling came in a case before the board about the former Browning-Ferris Industries…
School Lunches Are Healthier, But Need Remains For New Foodservice Equipment
American schoolchildren might be getting healthier lunches, but only a third of the nation’s schools have set up salad bars or invested in the kinds of foodservice equipment that could lead to more meaningful improvement. The numbers come from a new report from the Centers for Disease Control and Prevention, which investigated school data from 2000,…
Menu Prices Flat, Gas Prices Drop—But Grocery Bills Rise In July
After 17 consecutive months of rising menu prices, consumers’ dining-out tab was unchanged in July. That stability is notable because since early 2014, menu prices had grown at least 0.2% every month, according to figures from the Bureau of Labor Statistics. Despite the July slowdown, menu prices were up 2.7% in the 12 months ended…
Back To School
For many of us, it’s back-to-school time. Jan and I took our 19-year-old son, Sam, back to Ohio University, in Athens, Ohio, last week. He’s in the Scripps College of Communication there; he wants to write screenplays, not be a journalist, but who knows? He worked for Gill Ashton Foodservice Media Group this summer, updating…
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