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In Memoriam: Mike Carpenter, Former NAFEM President
Mike Carpenter, a name and face recognized by hundreds in the E&S business, passed away suddenly April 23 in Utah. He was 58. Carpenter had been chief marketing officer for Cooper-Atkins Corp. for the past two years. His long resume in the E&S industry spans posts at foodservice manufacturers including Anchor-Hocking, Focus Brands, Hobart Corp.…
Vollrath Buys Traex From Libbey
On April 28, The Vollrath Co. announced it had acquired Traex Co. from Libbey Glass, a subsidiary of Libbey Inc., Toledo, Ohio. Both companies are headquartered in Wisconsin: Vollrath is based in Sheboygan; Traex operates from a plant and warehouse in Dane. The Traex acquisition broadens Vollrath’s product line to include warewashing systems, tabletop accessories,…
McGarry Steps Down From FEDA Post, Hanson Takes Reins
Stephen McGarry, who took on the presidency of the Foodservice Equipment Distributors Association last month, will be retiring as president of Paramount Restaurant Supply, Warren, R.I., in June and will also step down from his FEDA post on May 31. Until then, McGarry will continue as an active member of the FEDA executive committee. The…
NRA Show Will Offer Show-Based Group Buying Deals Program
The National Restaurant Association has unveiled “Daily Deals,” a show-based group buying program for exhibiting manufacturers and attendees at the 2011 Restaurant Hotel-Motel Show this month. The service allows buyers to purchase a deeply discounted deal online and fulfill it face-to-face at the May 21-24 NRA Show at Chicago’s McCormick Place. “The NRA Show Daily…
Yum! Plans Bid For Asian Chain Little Sheep
Yum! Brands announced its intent in late April to acquire all outstanding shares of Little Sheep, which owns and operates casual-dining hot-pot concept restaurants, primarily in Asia. Little Sheep, based in Baotou, Inner Mongolia, operates about 480 restaurants serving Mongolian hot pot, a cook-it-yourself concept in which customers cook meats and vegetables in broth at…
NRA Unveils Grassroots-Based Advocacy Fund
Operators are getting a stronger voice on issues with the National Restaurant Association’s newly unveiled initiative. The Restaurant Advocacy Fund will help support and advocate on legislative and regulatory issues important to restaurants. The initiative builds on the success of the Save American Free Enterprise fund, which has raised and spent nearly $7 million since…
Chicago Easing Up On Shared Kitchens Ops
An ordinance championed by outgoing Chicago Mayor Richard Daley and approved by the City Council’s License Committee would create a new licensing category for chefs who “time-share” commercial kitchens for catering businesses. Chicago is currently home to three shared kitchens, which rent out space to cooks and caterers who can’t afford the cost of opening…
Tough Liquor Laws Dampen Chain Openings In Utah
Fewer chain restaurants are opening in Utah, and the slowdown is a direct result of restrictive liquor laws that can force changes in floorplans and business models, according to The Salt Lake Tribune. The newspaper reports that the state’s laws make it time-consuming and cost-prohibitive for national chains to open a restaurant there. The report…
BLS Reports Surprisingly Strong Jobs Growth In April
Maybe the two surprises are related. The Federal Bureau of Labor Statistics said last Friday, May 6, that non-farm payroll jobs increased by 244,000 in April, surprising most forecasters, who expected growth in the 175,000-200,000 range. We noted that we were surprised by an increase in the National Restaurant Association’s Restaurant Performance Index in March,…
AutoQuotes Says E&S List Prices Rose 2.2% July To April
List-price increases for foodservice equipment and supplies were surprisingly moderate during the past nine months, even though materials prices have soared during the period. According to data from AutoQuotes Inc., the average price increase was 2.2% for all 358,262 products from 411 manufacturers in the company’s database. The analysis covers the period July 1, 2010…
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