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Wholesale Food Prices Go Negative On 12-Month Basis; First Decline Since Late 2009
Wholesale food prices declined for the fifth consecutive month in March, according to the U.S. Bureau of Labor Statistics and averaging by the National Restaurant Association, leaving the Producer Price Index for food 0.5% lower than in March a year ago. It’s the first time the index has run negative for a 12-month period since…
In Memoriam: Rep Don Camacho Jr.
Donald Camacho Jr., a second-generation manufacturers’ rep, died suddenly April 19 at his home in Pleasant Prairie, Wis. He was 64. The Chicago native was self-employed in Zion, Ill., as the owner/operator of Don Camacho & Associates. He had worked with his father, Donald Sr., representing a wide range of foodservice equipment companies. The company…
GALLERY: Wine Dispensing Gallery
BARREL FRESH WINE ON TAPEach winery that’s a certified Barrel Fresh partner fills 9-l. U.S. Food and Drug Administration-approved flexcases with an approved TORR filler. The 9-l. bags then are placed into small cardboard boxes and shipped through a regular distributor channel to restaurants. Onsite, a bartender places each bag into a TORR Keg and…
EVENTS: Glimpse The Future
Learning and networking opportunities abound during upcoming national conferences for noncommercial foodservice professionals.
T&S Opens Shanghai Facility
T&S Brass and Bronze Works has opened a new Shanghai production and distribution facility located at No. 43 Jinwen Road, Zhuqiao Town, Pudong New District, Shanghai. “We literally outgrew our current space,” says Pat Cotter, General Manager of the Shanghai operation. “Our manufacturing and office areas were too small in the WGQ Free Trade Zone,…
Master Franchise Deal Will Expand Wendy’s Into The Middle East
Wendy’s is about to make a big impression on the Middle East and North Africa. Kuwait-based Alghanim Industries has acquired the rights to develop the U.S. burger chain’s restaurants across the MENA region from Saudi-based Alamar Foods, a company owned by Al Jammaz Group and Carlyle Group. The company did not disclose the value of…
New Owners Seal Investment In Saudi QSR Chain, Kudu
Private-equity houses Abraaj Group and TPG Capital have signed a deal to buy a majority stake in Kudu, the Saudi Arabian QSR chain. Kudu, a family-owned company established in 1988, is the largest QSR chain in the kingdom, with more than 200 outlets. Famous for its burgers and breakfasts, the Riyadh-based chain is estimated to…
Bulgarian Chain Debuts In Romania
The owner of a Bulgarian QSR chain, Aladin Foods, says the chain will open its first store in Romania. Khaled Kharfan says his chain’s expansion program will kick off in Bucharest with three other towns to follow, including the border city of Giurgiu. Two new restaurants will be opened in Romania in partnership with the Kaufland chain of stores.…
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