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Wholesale Food Costs Fall Slightly, But Retail Food And Gas Prices Continue To Climb
The Bureau of Labor Statistics had a bit of good news on the commodity-price front during March. After six straight months of run-ups, food prices at the wholesale level fell slightly in March. Combined wholesale food prices, as reported by the National Restaurant Association, were off 0.1% while so-called “finished foods” prices fell 0.2%, said…
E&S Manufacturers’ CFOs Are Optimistic About Economy, Investment Plans
“More optimistic” is the way Prime Advantage, the Chicago-based buying organization, described the results of its third annual Group CFO Survey, released last month. The group includes a significant number of foodservice equipment and supplies manufacturers. Of the chief financial officers surveyed, 74% said they are more optimistic about the economy, up from 67% in…
Women In Foodservice Honors Achievements, Names New Board
The 2011 Women’s Foodservice Forum Annual Leadership Development Conference in Orlando, Fla., April 10-13, brought together more than 2,000 executives to celebrate leadership and to push further the ideals of gender equality and diversity. During the four-day conference, the WFF announced the incoming 2011-12 executive committee and board of directors. The executive committee includes: • …
KFC Notches 400th Store In Indonesia
KFC is already the dominant player in India’s quick-serve market, and it’s getting bigger elsewhere as well. The chain’s Louisville, Ky., parent Yum! Brands opened its 400th franchise store in Indonesia on April 18. PT Fastfood Indonesia is the chain’s franchise partner for the new store in Jakarta. Yum! Restaurants International is the leading restaurant…
Middleby Acquires Beech Ovens
The Middleby Corp., which has acquired 15 companies over the past five years, keeps getting bigger. On April 12, the company announced its acquisition of Beech Ovens Pty. Ltd., a Brisbane, Australia-based manufacturer of stone hearth, tandoor and rotisserie ovens with approximately $10 million in annual sales. In a statement, Selim Bassoul, Middleby chairman and…
Four Chains Take Top COEX Honors
The launch of a new series of operator awards by the International Foodservice Manufacturers Association has brought honors to four chains. The inaugural winners were honored in Orlando, Fla., during IFMA’s annual Chain Operators Exchange conference held Feb. 27 to March 2. The COEX awards, designed to recognize stand-out innovations among chain operations, went to…
Chipotle’s ShopHouse Concept Will Have Summer D.C. Premiere
Just after our last FER Fortnightly deadline, Chipotle Mexican Grill unveiled additional details for its new restaurant concept slated to open this summer. We’d already reported most of the news, but now we have the location of the chain’s new Asian concept: ShopHouse Southeast Asian Kitchen will open its doors this summer in Washington, D.C.…
Babila Takes Post At Carpigiani USA/Ali
Carpigiani USA has named John Babila as its exec. v.p.-sales and marketing. His lengthy resume of sales management experience includes his most recent role in the same post at ISA. Babila has also held the title for E&S companies including Electrolux Professional in North America and Middleby Corp. He will remain based in his Jupiter,…
In Memoriam: Chris Berghoff
Chris Berghoff, the founder and CEO of Control Products, died of cancer April 7; he was 58. Control Products is a leading provider of electronic controls to the foodservice equipment industry and other markets. Berghoff founded the Chanhassen, Minn., company in 1985 after a decade at Honeywell. Berghoff was an active member of the North…
NSF Honors Food Safety Leadership Award Winners
NSF Int’l. presented its Food Safety Leadership Awards on April 20 during the 2011 Food Safety Summit in Washington, D.C. The awards recognize individuals and organizations that have made a real and lasting impact on food safety. Winners include: NSF Food Safety Leadership Education Award: Brenda Halbrook, M.S., R.D., dir.-Office of Food Safety, USDA, Food…
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