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REMODS ARE RECOVERING, SO A QUERY FOR YOU…
As economic recoveries go, this one doesn’t seem overly anxious to kick in. But the economy is growing, and some parts are doing notably better than are others. Foodservice, for example, is doing better, and equipment and supplies appear to be doing better too. Over the past few months, the National Restaurant Association’s Restaurant Performance…
BOB WONDER TO HELM MANITOWOC’S GLOBAL ACCOUNTS
Two appointments have been announced by Manitowoc Foodservice. Robert Wonder has joined the New Port Richey, Fla., company as senior v.p.-global accounts. He will be responsible for directing and executing all aspects of sales strategies for targeted global accounts. Wonder has more than 35 years of experience in the foodservice industry, most recently with IMI…
FEDA’S PROFIT SURVEY DEADLINE NEARS
Summertime is no vacation from paperwork, especially some very important forms due soon to the Foodservice Equipment Distributors Association. Members need to fill out and submit their 2011 Profit Survey by Aug.1. The report, free to FEDA members, provides a financial and operating profile of the entire E&S industry, complete with financial benchmarking information and…
IN MEMORIAM: REP GINNY HEIL
Virginia "Ginny" Heil, 54, who worked in the E&S industry for nearly 40 years, died June 24. She joined Moccia Enterprises in Riverton, N.J., in 1973, and became a partner in the manufacturers’ rep firm in 1993. The company said she was the “behind the scenes” strength and guidance that kept it all together over…
TWO WEEKS TO GO UNTIL FER’S ANNUAL FORECAST MEETING
There’s still time to register for Foodservice Equipment Reports’ E&S Market Forecast President’s Preview meeting, scheduled Wednesday, July 27, at the Hotel Orrington in Evanston, Ill. FER’s annual, one-day meeting offers dealers, manufacturers, operators and others in the industry an early look at the foodservice equipment and supplies industry next year and beyond, in time…
LONESTAR ACQUIRES FELLOW TEXAS DEALER CPAPC
LoneStar Restaurant Supply announced July 1 that it has acquired CPAPC Restaurant Design and Supply; both are based in Dallas. The combined company will now operate from seven locations in Texas and South Carolina, and continue offering consulting, design, project management and installation in addition to E&S sales. There will be few changes made at…
In-N-Out Burger Debuts In Texas
Value-pricing and special deals are helping profit margins for at least a few chains. Crowd control has seldom been an issue, though, except when it’s In-N-Out Burger launching in a new state, and when that state is Texas. In May 2011, the Irvine, Calif., burger chain finally—after much anticipation—made its Lone Star state debut. Two…
Technomic Revises Operator Sales Forecast Down For 2011
The surge in gasoline and food prices and the resulting dampening of consumer confidence (see article below) led Technomic Inc. to revise downward its forecast for operator sales in 2011. The Chicago-based research firm also revised upward its estimate of menu price inflation. The result is that Technomic now forecasts higher nominal operator sales and…
Those Gas Prices Did Bite Restaurants; NRA RPI Sinks Back
The only surprising thing is that it didn’t happen sooner. The surge in gasoline prices from February through May finally caught up with the restaurant industry in May. Pronounced drops in same-store sales, customer traffic and operator confidence drove the National Restaurant Association’s Restaurant Performance Index back below the point separating expansion and contraction. The…
Early-Bird Deadline Friday, July 8, For FER’s Annual Forecast Meeting
You must register by Friday, July 8 for Foodservice Equipment Reports’ E&S Market Forecast President’s Preview meeting to earn the early-bird discount on the seminar fee. The annual meeting is scheduled for Wednesday, July 27, at the Hotel Orrington, in Evanston, Ill. This annual meeting offers manufacturers, operators, dealers and others in the industry an…
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