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Reps’ Sales Grew 3.8% In 4Q/’12; Forecast for 1Q/’13 3.6%
In spite of the uncertainty of the federal fiscal cliff late last year, manufacturers’ representatives saw sales of like lines grow 3.8% in the fourth quarter of 2012 compared with the same period in ’11, according to the latest Business Barometer from the Manufacturers’ Agents Association for the Foodservice Industry, released last week. The reps…
State Tax Revenue Surge In Fourth Quarter Was A One-Off, Rockefeller Institute Warns
Overall state tax revenues increased by 5.2% in the fourth quarter of 2012, the Nelson A. Rockefeller Institute of Government reported April 24. But the Institute’s researchers warned that the surge, which drove personal income tax collections up 10.8%, was a one-time event prompted by taxpayers taking actions to minimize federal tax liability they expected…
Improving U.S. Economy Should Drive Moderate Foodservice Growth, Says Technomic
The domestic economy is looking better than it has since the Great Recession began in 2008, according to economist Arjun Chakravarti, but there remain significant risk factors. And the gradually improving economic situation of many Americans should lead to the continuation of moderate foodservice sales growth over the next 18 months, said Technomic Pres. Ron…
New York City Soda Wars Continue
The New York State Supreme Court is hearing arguments Jan. 23 on the legality of the supersized soft-drink ban passed last year by New York City’s board of health The National Restaurant Association, American Beverage Association and other plaintiffs in the suit have challenged the city’s authority to issue the ban. The mandate, as passed…
Rising Water Costs Hit Home In Nova Scotia
Are foodservice operators being asked to foot the bill for years of municipal neglect? That’s what Halifax, New Scotia, restaurateurs, and the Canadian Restaurant and Foodservices Association are claiming. The CRFA is appealing to the Nova Scotia Utility and Review Board to reject a proposed hike to water rates that would hit the region’s restaurants…
NYC Restaurants Sue Over City’s Health Inspections
Forty restaurant owners in the Bronx have sued the city, calling the New York Health Department’s grading system unconstitutional and an unfair tax on small businesses. In a $150 million lawsuit, the operators accuse health inspectors of levying excessive fines to raise revenue and driving eateries out of business. In addition, they claim the inspectors…
NRA Launches 14-Member Conserve Sustainability Advisory Council
The National Restaurant Association has named 14 members of the foodservice and allied industries, all sustainability experts in their own fields, to its Conserve Sustainability Advisory Council. The council is part of the NRA’s plan to help restaurateurs better understand environmental awareness and become more resource-efficient through its Conserve Sustainability Education Program. The new council…
Fiscal Cliff Deal Includes Equipment Tax Breaks, Extension Of Tax Depreciation
A fall off the so-called fiscal cliff was skirted by Congress’s New Year’s passage of the American Taxpayer Relief Act, which included a number of tax breaks for small-business owners and foodservice operators. The legislation contains a long list of temporary tax provisions that will be extended for a year, including a provision allowing businesses…
NAFEM Honors Steve Cobb, David Ek With Top Awards
NAFEM 2013 in Orlando, Fla., included a slew of awards and special recognition for more than four dozen industry professionals. Industry veterans Steven Cobb and David Ek received NAFEM’s highest honors. Steve Cobb, CFSP, chairman/CEO of Henny Penny Corp., Eaton, Ohio, was given the 2013 William W. Carpenter Award, which honors an industry professional who…
In Memoriam: Rep Carl Kaufmann
Longtime MAFSI member Carl M. Kaufmann passed away March 17 at age 77. He was the founder of the New York-based rep firm, Kaufmann & Associates. The Pittsburgh native got his start in the foodservice industry in 1961, when he took a job at his uncle’s equipment supply house on the Bowery in lower Manhattan.…
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MANUFACTURERS
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SERVICES
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