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THE NUMBERS DON’T LIE
Tomorrow, July 27, we’ll present our forecast of the E&S market for 2012 and beyond at our annual President’s Preview forecast meeting in Evanston, Ill. We won’t share the hard numbers with you; you have to pay for them this early. (I’m always surprised more dealers don’t spend the dime and come to the meeting.…
New Regional Leadership Structure At Starbucks
Training its eye on accelerating worldwide growth, especially in China, Starbucks Corp. is creating a third regional division. The Seattle company is currently structured as Starbucks U.S. and Starbucks Coffee International, which encompasses 54 markets outside the U.S. It will move to a three-region system. John Culver, president-SCI, takes the reins of the China and…
Hoelle Joins Ice-O-Matic
Ice-O-Matic has appointed Terry Hoelle, CFSP, as its director of sales. Hoelle will focus on leading U.S. sales efforts in distribution and channel development. Hoelle joins the Denver-based company after nine years with Structural Concepts, where she served as director of sales and helped build its foodservice division from the ground up. She has extensive…
Manitowoc Names Marketing Veep For Ovens/ACT Division
Manitowoc Foodservice has hired business veteran Dennis O’Toole as v.p.-marketing for its North America Ovens and Advanced Cooking Technology (ACT) operating company. O’Toole’s marketing responsibilities will cover the five companies which comprise ACT: Cleveland, Convotherm USA, Garland convection ovens, Lincoln and Merrychef USA. O’Toole’s two decades in sales and marketing includes his most recent position…
Baskin-Robbins Debuts New International Store Design
It’s National Ice Cream Month, and the nation’s other giant ice cream chain is busy as well. Baskin-Robbins launched its first store in Singapore in early June, which not only marked the chain’s 4,000th international location, but also unveiled the company’s new international store design. The company has been testing elements of the new design…
DQ Goes Double-Decker In Saudi Arabia
In a region where the average daily temperature measures three digits, Dairy Queen has opened its largest store, a 7,500-sq.-ft. unit seating 240 customers. The DQ Chill & Grill in Riyadh, Saudi Arabia, is the chain’s first two-story restaurant. The Minneapolis company, which also operates stores in Bahrain, Oman and Qatar, will build five more…
McDonald’s: In Russia, It’s A Supermarket
Taxes and Big Macs weren’t adding up for McDonald’s Corp., leading the chain to persuade Russian authorities that its outlets are supermarkets rather than restaurants. The Oak Brook, Ill. company’s lawsuit blocked an attempt by Russian tax authorities to almost double its tax bill. The chain, which opened its first outlet in the then-Soviet Union in 1990…
NRA Joins Retail Group To Protect Small Businesses
The National Restaurant Association has joined forces with the National Retail Federation in backing legislation that would require federal agencies to consider the impact on small businesses when establishing rules and regulations. HR527, the Regulatory Flexibility Improvements Act of 2011, would give the Small Business Administration’s Office of Advocacy more oversight authority and amend the…
Ohio Bans Municipalities From Regulating Restaurants
The Ohio legislature has barred cities and towns in the state from regulating what restaurants serve or how they serve it. The state’s budget, signed into law June 30, includes a provision drafted and promoted by the Ohio Restaurant Association that gives the director of the Ohio Dept. of Agriculture the sole power to regulate…
Food Prices Rise At Both Wholesale And Consumer Levels
Both the Producer Price Index and the Consumer Price Index fell in June, according to the Bureau of Labor Statistics, as recent drops in energy prices pushed down the measures of inflation. But after falling last month at the producer level, wholesale food prices rose again. While the overall PPI fell 0.4% in June, the…
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