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Hogatec 2010 Debuts In September
Those accustomed to walking the aisles of the biggest restaurant show in the U.S. will get a taste of foodservice from a European perspective at hogatec, the international trade fair for hotels, gastronomy and catering. The 19th edition of the biennial show is Sept. 12-15 at the Dusseldorf Exhibition Centre, Nordrhein-Westfalen, Germany. As in years…
Unified Brands Buys Intek
Unified Brands has acquired the assets of Intek Manufacturing, a privately held Fort Wayne, Ind., maker of boilerless steamer ovens. Intek joins A la Cart, Avtec, Groen and Randell in the Unified Brands’ portfolio. The deal was announced Aug. 17; financial terms were not disclosed. “We are excited to conclude the acquisition of the assets…
Homer Laughlin, Hall Under Common Ownership
The names stamped on the plates are still the same, but Homer Laughlin China Co. and Hall China Co. have joined forces and are operating under common ownership. Since late spring, the two china manufacturers have operated as equal partners under the leadership of Joe Wells III, who previously served as CEO of Homer Laughlin.…
As Worldwide Sales Stay Strong, Domino’s Opens For Business In Romania
Maybe it’s the new sauce, but Domino’s Pizza sales and store growth are on an upward curve. The chain just opened its first store in Romania, and under its agreement with its master franchisee there, has plans to move beyond the capital of Bucharest. New master franchise agreements also were signed this year for Bulgaria,…
Nine Products Are “Best In Show” At N.Y. Hotel Show
An Italian manufacturer’s unique heated food processor won the top award at the 95th annual International Hotel, Motel + Restaurant Show on Nov. 14 at New York City’s Jacob K. Javits Convention Center. Judges reviewed nearly 100 submissions of new, cutting-edge products within the categories of E&S, design, guest amenities, linens and technology, as well…
Food Prices Down, Menu Prices Flat, Gas Prices Up A Bit
Wholesale food prices fell for the second consecutive month in May, easing concerns that the run-up in the key cost component for most operators other than labor would begin to crimp operators’ ability to discount while sales remain sluggish, and undermine margins. At the finished foods level, prices were off 0.6%, following a 0.2% drop…
Employment Numbers A Bit Better Than Expected In August
The American economy shed another 54,000 non-farm payroll jobs in August as the federal government continued to lay off census workers, the U.S. Department of Labor reported last Friday. The U.S. economy added 67,000 private sector jobs during the month. Both numbers were a bit better than many economists had expected. The revision of July’s…
Foodservice Outlook Improved Worldwide In Second Quarter; China Booms
While most major global foodservice markets continued to experience negative traffic trends, increased spending per visit had some markets returning to positive sales growth, according to second-quarter data from NPD Group. In several countries tracked by NPD’s CREST research, increased check average overcame fewer visits. In the U.S. market, traffic declined 1.5%, but average checks…
E&S Public Companies Report Second Consecutive Quarter Of Sales Growth
Blended sales of seven large publicly traded foodservice equipment and supplies companies rose 6.7% in the third quarter versus the third quarter in 2009. It was the second consecutive quarter of growth following six quarters of falling blended sales. The sales rebound was once again led by the more chain- oriented conglomerates, Manitowoc Foodservice and…
Fuming About Ventilation Litigation In D.C.
Who is to blame and who is to pay for a restaurant ventilation system that is not doing its job? That’s the decision facing a judge in Washington, D.C. this week in the case of the burger joint vs. the law firm. Steptoe & Johnson says that Rogue States, A Burger Grilling Co., is causing…
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