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Taco Bell, KFC Might Face Different Futures, Say Yum! Execs
Changes are afoot at Pizza Hut, Taco Bell and KFC in the U.S., while Yum! Brands executives remain bullish on overseas expansion. Execs, including CEO David C. Novak, made their comments in a second-quarter earnings conference call in late July. Novak maintained that Taco Bell’s breakfast experiment in Tucson, Ariz., has reached "break-even" status, and…
Buffalo Wild Wings Heads To Canada
And some chains are still busy taking the plunge across our northern border. Buffalo Wild Wings has announced plans for more than 50 company-owned and franchised stores across Canada. The five-year expansion plan will kick off in the spring with two restaurants near Toronto. They will be the chain’s first stores outside the United States.…
FER Offers Full Scholarships For Noncommercial MUFES
Thirty deserving noncommercial operators will be able to attend Foodservice Equipment Reports’ Multiunit Foodservice Equipment Symposium for Noncommercial Operators, to be held June 13-15, 2011, on full scholarships. The scholarships will cover airfare, hotel and meeting seminar fees. The meeting, to be held at the Barton Creek Resort in Austin, Texas, will feature an in-depth,…
Bunn Expands Global Sales Force
The worldwide sales team at Bunn is getting bigger. Neal Robinson, senior v.p.-international sales for Bunn’s commercial division, has been named senior v.p.-global projects. In this role, Robinson will work with the Bunn sales team in planning and executing projects with the company’s national and global customers. In addition, Brian Wisniewski has joined the Springfield,…
Parts Supplier AllPoints Changes Hands
AllPoints Foodservice Parts & Supplies, the Mount Prospect, Ill., parts and supplies distributor, is under new ownership. Denver-based private-equity firm KRG Capital Partners has acquired Consolidated Equipment Parts and its subsidiaries, AllPoints and the Internet dealer and parts distributor Tundra Specialties, from Pfingsten Partners, a Chicago-based private-equity company. Financial terms of the deal were not…
Consumer And Producer Prices Move Slightly Higher In July, Easing Deflation Fears
It’s not often rising prices are a good thing. But both the Consumer Price Index and the Producer Price Index—maintained by the Bureau of Labor Statistics—moved slightly higher in July and most economists considered it a positive sign. Months of falling prices in both indexes had many worrying about price deflation. The July readings eased…
Public E&S Companies Return To Growth In Second Quarter
Strong gains by Rational Americas, Manitowoc Foodservice and Middleby Corp. pushed blended sales of the public equipment and supplies companies into positive territory in the second quarter, with combined revenues up 0.7%. It was the first time the companies managed growth since the third quarter 2008. The gain follows a revised 4.3% decline in the…
Wholesale Food Prices Fall, Retail Food Prices Rise Slightly In October
Many observers of the foodservice market are concerned about the potential impact of rising food and other commodity prices on the nascent recovery in foodservice operator sales. As Joe Pawlak, v.p. at Technomic Inc., told us last week, “There is increasing concern on commodity pricing going forward, which could change the game tremendously, as value…
NRA Serves Up ServSafe Webinar, SAFE Golf Invitational
The National Restaurant Association is hosting a new members-only webinar on its ServSafe Food Safety program. The Aug.18 webinar will cover topics including how the association’s program complies with new FDA Food Code recommendations, and illustrating how ServSafe Food Safety helps meet industry needs today and tomorrow. More details on the afternoon webinar are at…
California Enacts Food Handler Legislation
The Food Safety Modernization Act and Child Nutrition Act are both languishing in Washington, victims of intraparty fighting and the looming mid-term elections. But a few things are getting done on the state level. Last week, Gov. Arnold Schwarzenegger signed a landmark piece of food safety legislation: the California Food Handler Card Act. The new law…
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