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General Economy Improving, Says Leading Economist At Technomic Conference
In the opening presentation of the Technomic Restaurants 2010 conference, Paul Kasriel, chief economist for Northern Trust (and whose family owned a foodservice equipment dealership) offered some hope. "The economy has begun to hit on all cylinders," he joked, "but without much compression. Still, there is every reason to believe that the U.S. economy will…
MAFSI Barometer “Less Bad” In Second Quarter
Sales of equipment, supplies and furnishings declined 3.3% in the second quarter 2010, according to reps reporting for the Business Barometer fielded by the Manufacturers’ Agents Association for the Foodservice Industry. While sales as tracked by the MAFSI Barometer were negative for the 10th consecutive quarter, it was the “least bad” decline since the second…
Food-Price Jumps Push Price Indexes Higher In September
Strongly higher food prices at both the wholesale and consumer levels helped push both the Consumer Price and Producer Price Indexes higher in September, the Bureau of Labor Statistics reported last week. After declines four of the past five months, wholesale food prices at the “finished” level jumped 1.2%. A 5.2% increase in meat prices…
In Their Own Words: NRA’s And Technomic’s Operator Outlooks For 2011
In preparation for our annual market-forecast articles in next month’s Foodservice Equipment Reports, we asked our friends Joe Pawlak, v.p. at Technomic Inc., and Hudson Riehle, senior v.p. of the National Restaurant Association’s Research and Knowledge Group, for their outlooks on how the foodservice market will fare next year. Both help oversee their organizations’ annual…
Thumbs Down On NYC Restaurant Grading Website
Reviews are in on New York City’s new restaurant letter-grading system. And if operators could do the grading, the system would be unlikely to make the honor roll. The A-B-C system, which will see every one of the city’s 24,000 restaurants publicly post a letter grade for cleanliness, is daunting enough for many operators. But…
D.C. Grilling Fumes Update
Now here’s a case study on just how crucial spec’ing and placement of the right ventilation system is to a foodservice operation. In August, we told you about the court battle between a popular Washington, D.C. burger joint and a neighboring law firm over the restaurant’s “intense and noxious” grilling fumes. The eight-month fight appears…
Chicago Suburb Considers Polystyrene Ban
While bans on polystyrene-foam packaging are not uncommon across the West Coast— including Seattle, Portland, Ore., and more than two dozen cities in California—they are rare elsewhere. This time the debate is in Highland Park, Ill., which is considering a ban on restaurants using polystyrene-foam cups, bowls and plates. The proposal is getting a thumbs-up…
Component Hardware Group
Foodservice plumbing and hardware supplier COMPONENT HARDWARE GROUP has named Aaron Thole its new business development manager for the Upper Midwest territory. Thole rejoins CHG after working as a territory sales rep for Henkel Corp. At CHG, Thole will be responsible for market growth in Illinois, Minnesota and Wisconsin. CHG is headquartered in Lakewood, N.J.
Quiznos Eyes 600 New Stores
Quiznos has announced plans to develop as many as 600 new stores nationwide by the end of the year. The mix will include more corporate and joint-venture efforts than in the past, the traditionally franchise-focused chain said. The 4,000-unit Denver chain reported new locations will include “both corporate-owned stores as well as Quiznos-funded joint-venture ownership…
CARL’S JR. HEADS TO INDONESIA
Carl’s Jr. is blazing a new trail again—this time in Southeast Asia. In May, CKE Restaurants’ Carl’s Jr. debuted as the first Western fast-food hamburger chain in Ho Chi Minh City, Vietnam. Then in August, the Carpinteria, Calif.-based operator opened its first Carl’s Jr. in Jakarta, Indonesia—the first of at least 25 stores planned for…
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