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Last Chance To Register For Next Week’s FER E&S Forecast Meeting
There is still time to register for next week’s Foodservice Equipment Reports E&S Market Forecast President’s Preview. This annual one-day, comprehensive look at the data and trends driving the foodservice equipment and supplies market is Tuesday, July 24, at the Westin O’Hare Hotel in Rosemont, Ill. The fee for the meeting, including all program materials in print…
New Ownership Official For P.F. Chang’s
Investment firm Centerbridge Partners and its Wok Parent acquisition arm has successfully completed its tender offer for the outstanding shares of P.F. Chang’s. The company now owns more than 83% of the Scottsdale, Ariz., chain, which will become an indirect, wholly owned subsidiary of Wok Parent. P.F. Chang’s owns and operates more than 200 upscale…
Vicious Circles
Does your supplier know what you’re buying? Do you know what your supplier is selling? Are they the same things?
Wealthier Households Lead Decline In Consumer Confidence
Last issue, we wrote about concerns from Technomic Inc. Consulting Economist Arjun Chakravarti that declines in equities and other asset-based wealth could lead to cutbacks in spending by more well-off Americans and have a negative impact on foodservice spending. The top quartile of households by income typically generates close to half the spending at restaurants.…
Restaurant Jobs Growth Double Overall Growth
Restaurant industry jobs grew twice as fast as general employment in the 12 months ending June, according to an analysis by the National Restaurant Association released July 6. Eating and drinking place employment grew by 2.7% for the 12 months ending June 2012, nearly double the 1.3% increase in U.S. employment for the same period,…
Nudging Energy Star On Track
Find out more at The NAFEM Show, and then pitch in. It’s YOUR future.
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