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Heritage Acquires Toronto-Based R.G. Henderson
Heritage Food Service Group has acquired Toronto-based R.G. Henderson & Sons Ltd., one of Canada’s largest foodservice equipment repair and OEM parts distributors. Heritage, based in Fort Wayne, Ind., is the foodservice equipment industry’s largest independent distributor of OEM service and replacement parts in North America. Henderson, founded in 1986, is the biggest firm of…
NRA Announces 15 Finalists For Operator Innovations Awards
Bragging rights and recognition as drivers of industrywide advancement belong to the 15 foodservice operators selected by their peers as finalists for the 2013 Operator Innovations Awards. Three finalists in each of five categories: Food Safety, Health and Nutrition, Menu Development, Sustainability and Technology will be brought to Chicago for the 2013 National Restaurant Association…
New Moniker For SFM
Come Oct. 1, the Society for Foodservice Management will have a new name and acronym: the Society for Hospitality and Foodservice Management. The new moniker and logo for SHFM, which the organization calls a “strategic brand enhancement,” will be unveiled at the group’s national conference, Sept. 30-Oct. 1 in Bonita Springs, Fla. Although the new…
KI Awards Entries Due By December 6
Just a week remains for foodservice equipment manufacturers to submit entries for the 2014 Kitchen Innovations Awards. Award applications for the decade-old awards program are accepted through Dec. 6 by the National Restaurant Association. The KI Awards recognize and celebrate cutting-edge equipment and technology that specifically improve the back of the house and benefit foodservice…
Technomic Forecasts 3.9% Nominal, 1.1% Real Growth For Canadian Foodservice in 2013
The foodservice market in Canada outperformed the U.S. market in 2012 and is expected to do so again in 2013, in spite of some slowing, according to the latest forecast from Technomic Inc. The Chicago-based research firm predicts nominal sales will rise 3.9% for the year and, deflated by a forecast 2.8% rise in menu…
Tough U.K Foodservice Market Shows Signs Of Life
The foodservice market in the United Kingdom is beginning to improve, according to Peter Backman, managing director at Horizons, the London-based foodservice research firm, which held its annual briefing on May 1.While the nadir of the foodservice recession in the U.S. was 2009, in the United Kingdom it was 2011-12, reports Backman. He estimates the…
Fresh Ingredients And Choice Key Aspects Of Consumers’ Restaurant Value Perception, Says NPD
Price for quality is still the leading value factor when consumers select a restaurant, but fresh ingredients and selection are close runners-up in the value equation, according to new research from the NPD Group’s foodservice practice. The new report released last month, Defining Value: Where Consumers Choose To Eat Out, looks at how different restaurant…
Manufacturers’ E&S Price Increases Continue To Be Moderate, According to AutoQuotes Data
List price increases for foodservice equipment, supplies and related products continue to moderate, according to data compiled by AutoQuotes Inc. for Foodservice Equipment Reports annual President’s Preview E&S Market Forecast. “There just hasn’t been much price inflation,” says AutoQuotes CEO Kent Motes. For the 12 months ended June 30, 2013, average list prices for 453,081…
Blue Chip Forecasts For 2013 And ’14 Hold Steady
Forecasts for growth of real GDP in the U.S. held steady in the latest consensus forecasts of economists polled by Blue Chip Economic Indicators. The forecast of growth of disposable personal income and consumer spending next year did deteriorate slightly. The current forecast for real GDP growth remained at 1.6% for this year and 2.6%…
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