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Restaurant Sales Appeared To Stabilize In February
While winter’s negative impact on restaurant and tavern sales also is apparent in the U.S. Census Bureau’s retail sales numbers, the latest advance estimate, released March 13, shows a return to slight month-over-month growth with eating- and drinking-place sales up 0.3% in February. The gain matched that of the overall retail sales number for February.…
NRA’s Performance Index Pops Back In March
Led by strong rebounds in same-store sales and traffic, the National Restaurant Association’s Restaurant Performance Index gained nearly a full point in March to reach 101.4, the highest level in 10 months. It was the 13th consecutive month the index has stood above 100, the tipping point that signals expansion vs. contraction. One capital-spending indicator…
Consumer Sentiment, Retail Foodservice Sales Dip In June
The Thomson Reuters/University of Michigan Consumer Sentiment Index ticked down slightly in the preliminary July reading released July 18. The U.S. Census Bureau also said July 15 that sales at foodservice and drinking places fell slightly in June, on a seasonally adjusted basis. Both data points are reminders that consumer confidence and spending remain weak,…
After Strong Run-Ups, Wholesale Food Prices Declined Slightly In August
Foodservice operators, who have been dealing with strong increases in wholesale food prices, caught a bit of a break in August, according to Producer Price Index data from the Bureau of Labor Statistics. Average whole prices fell 0.1% in August, only the second month this year that prices have fallen. Even beef and pork prices,…
Unit Growth Picking Up Among Top 500 Chains, Technomic Says
Technomic Inc. says unit growth is picking up somewhat among the largest U.S. chains. The Chicago-based foodservice research firm forecasts that the 500 largest chain brands will grow net units 2.3% in 2014. The rate is slightly higher than the 2.1% rate posted in both 2012 and 2013 and represents significantly stronger growth than the…
California Bill Targets Grease Burglars
California lawmakers want to turn up the heat on thieves who steal restaurants’ used kitchen grease, a hot commodity in the biofuel industry. Assembly Bill 1566—aimed at curbing the rise in kitchen-grease theft by giving law enforcement the tools needed to stop the criminals—was introduced Jan. 30. Existing state law already requires licensed renderers to…
Pushcart Wars: Chicago’s Street Vendors Angle To Sell Cooked Food
Two years after Chicago’s City Council made it legal for cooking on board food trucks, the Windy City’s pushcart vendors are making a renewed push to legally sell cooked food. Chicago remains one of the country’s only major cities that ban street vendors from selling anything more than frozen desserts and uncut fruits and vegetables.…
Court Rules Workers Can Sue McDonald’s
Quick-service workers’ rights triumphed in court last week, when the National Labor Relations Board ruled that store employees can sue McDonald’s Corp., which it said is responsible for the labor violations of its franchisees. NLRB General Counsel Richard Griffin determined that McDonald’s should be considered a “joint employer,” along with the franchise owners who operate…
Higher Minimum Wage Gets Thumbs Up In Five States
Election Day last week saw five states approve ballot measures that will gradually raise the minimum wage. Twenty-five other states have passed similar laws in recent years. Voters in Alaska, Arkansas, Nebraska and South Dakota supported proposals to raise wages for their lowest-paid workers; Illinois approved a non-binding measure, which won’t immediately change the current…
Beverage-Air Celebrates 70 Years
Beverage-Air, founded in 1944 by John Buffington in Punxsutawney, Pa., is celebrating its 70th anniversary this year. The refrigeration maker then was known as The Punxsutawney Co. It carried the trade name “Beverage-Air” and introduced the industry’s first horizontal, forced-air cooler. In 1950, the firm expanded its product line beyond deep-well models to include shallow…
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