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Older Americans Increase Restaurant Visits, While Younger Consumers Cut Back, Says NPD
It really just comes down to money. A new report from The NPD Group details how older Americans, those 55 and older, have increased their visits to restaurants of all kinds since 2008, while younger Americans have rather dramatically cut back. What NPD calls “older boomers,” those 55 to 64, now have the highest per…
Top 500 Chains Grew 4.9% In 2012, Reports Technomic, While Noncommercial Segments Show Signs of Life
Restaurant chains’ sales rebounded in 2012, according to preliminary data from Technomic Inc.’s annual “Top 500 Chain Restaurant Report,” released March 21. Combined system-wide sales for the 500 concepts rose 4.9%. The year was a marked improvement over 2011, when sales for the Top 500 managed only a 3.5% gain. In comparison, Technomic released a…
You’ll Need To Know: FER’s E&S Forecast Seminar Aug. 7
Registered yet? How are you going to plan for next year if you don’t know the outlook? Foodservice Equipment Reports’ 2014 E&S Market Forecast President’s Preview will be held Wednesday, Aug. 7, at the Westin O’Hare Hotel in Rosemont, Ill. This annual one-day event provides manufacturers, operators, dealers and others in the industry an in-depth…
All Markers In NRA’s May Performance Index Were Positive For First Time Since 2006
The restaurant business may have finally fully recovered from the Great Foodservice Recession. It took nearly six and a half years. Strong gains in current restaurant same-store sales and traffic in May led to a nearly full point jump in the National Restaurant Association’s Restaurant Performance Index, pushing the overall index to 101.8, its highest…
Public E&S Companies Post Best Results Since 1Q/12
While the results were mixed from company to company, seven publicly reporting foodservice equipment and supplies companies reported a combined second quarter revenue gain of 4.1%, compared with 2Q/2012, the strongest increase since the first quarter of last year. Sales of the five equipment-oriented companies rose 4.7% while the two supplies oriented companies managed a…
Jobs Growth Mediocre In September As Foodservice Jobs Shrink
Nonfarm payrolls grew by a sluggish 148,000 jobs in September, according to the delayed federal employment report, released Oct. 22. Private-sector jobs growth was 126,000. The Bureau of Labor Statistics, which produces the reports, revised jobs growth downward for July, but boosted it for August, leading to a 9,000 job gain over previous reports. The…
Jobs Report, Other Macro Data Positive, But…
The U.S. economy added another 203,000 non-farm payroll jobs in November, the Bureau of Labor Statistics reported Dec. 6. Gains now have averaged more than 200,000 a month for the past four months. The gains were broad-based with good gains in construction and manufacturing. Even government added 7,000 jobs. Foodservices and drinking places added another…
ADA Doesn’t Require Restaurants To Serve Allergen-Free Foods
Accommodation without major alteration to a foodservice operation appears to be the stance taken by the U.S. Department of Justice with regard to how the Americans with Disabilities Act applies to food-allergic customers. The department has just published a Q&A reaffirming that the ADA does not require all restaurants to provide gluten-free or allergen-free foods.…
New Controversies Stall Food Trucks
While the West Coast food-truck business continues to boom, other major cities continue to wrestle with the politics of curb-side foodservice. The city council in Washington, D.C., plans a yes or no vote on newly proposed regulations. Food-truck operators there oppose new regulations and complain about the lack of specifics on the number of parking…
California Restaurants Address Stormwater Pollution
It’s a clean slate for hundreds of restaurants which have been certified, or re-certified, under the Santa Monica Bay Restoration Commission’s Clean Bay Restaurant Certification Program. Stormwater runoff is a major source of coastal pollution in southern California. Restaurants produce large amounts of waste, which when handled improperly, can enter the storm drain system and…
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