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Americold Appoints Fred Boehler As President
Americold, the Atlanta-based maker of temperature-controlled warehousing and logistics, has named COO Fred Boehler as its new president. Boehler will hold both titles as he assumes the senior executive leadership role at Americold. Jeffrey Gault, president/CEO, is retiring; he’ll continue to serve on the company’s board of trustees and work with Boehler to ensure a…
Blanco’s AirServe Trolley Offers Broad Flexibility
The new Blanco AirServe Trolley makes food delivery a reliable, multidimensional process whether an operator is making 50 or 5,000 meals a day. The compact hot-air regeneration cart gives operators varied flexibility when loading hot and cold meal portions. The interior thermal partition wall is set asymmetrically and can be positioned at different depths in…
Golden Gate Inks $2.1 Billion Deal To Buy Red Lobster
Darden Restaurants announced Friday that it had agreed to sell its 700-unit Red Lobster chain and related real estate assets to private equity firm Golden Gate Capital for $2.1 billion in cash. Darden said the sale—which defies activist investors who opposed plans to shed the struggling seafood chain— was not subject to shareholder approval and…
Boneheads Makes Major Expansion Plans
Global ambitions are on the agenda at Boneheads Grilled Fish and Chicken. The nine-unit fast-casual chain plans to open 50 stores in the next three years and will debut overseas through a franchise agreement for five stores in Pakistan. Two locations will open by the end of the year. Atlanta-based Boneheads also has inked a…
Breville To Distribute PolyScience’ Sous Vide Products
Australia’s Breville Pty Ltd. and Chicago’s PolyScience have inked a strategic alliance in which Breville will acquire the distribution rights for current and future PolyScience Culinary products in both the consumer and commercial channels. PolyScience, originally known for its scientific temperature control equipment, makes foodservice products, including sous vide immersion circulators, vacuum packaging systems, anti-griddle…
Popeyes’ CEO Moves Over To Pei Wei
Ralph Bower, pres.-U.S. of Popeyes Louisiana Kitchen, has been named CEO of Pei Wei Asian Diner. It’s a newly created position at the Scottsdale, Ariz.-based fast-casual chain, which has 192 domestic locations in 24 states. Bower, who replaces K.C. Moylan, is a veteran of KFC and Domino’s; he’d been president of Popeyes’ U.S. division since…
Consumer Confidence Rebounds, Wholesale Food Prices Sag, And Other News Of Note
Among other economic news of significance to foodservice and foodservice equipment and supplies: Both major indexes of consumer confidence and expectations recovered sharply in December from the declines prompted by the federal-government shutdown and debt-ceiling fight. The Thomson Reuters/University of Michigan Consumer Sentiment Index jumped nearly 10% in the final December reading, rising to 82.5…
Consumer Confidence Holds Up, But Analysts Worry About Brutal Winter
The January and mid-February readings on consumer confidence from Thomson Reuters/University of Michigan and The Conference Board indicated that consumers remain reasonably optimistic about the economy and their financial prospects. But many analysts, including Richard Curtin, the UM Surveys of Consumers chief economist, are worried about the negative impact on consumers’ finances of the brutal…
Consumer Confidence Holds Up In Spite Of Tough Winter
With the hit to the economy from the severe winter, many economists feared American consumers would pull back their spending this year. But judging by the latest numbers on consumer confidence, the decline in growth in the first quarter hasn’t affected consumer attitudes much at all. “Consumers are ready to celebrate a delayed spring with…
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