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Dealer Consolidation, Buying Groups, And The Prognosis For The Golden Goose
One of the reasons we started a dealer/distributor-only e-newsletter in 2010 was so we could discuss buying groups and other issues we’d prefer not to air in front of our operator friends. A convergence of events leads us to discuss some things that are just between us’uns: dealer consolidation, the undeniable impact of internet sales…
Vollrath Adds District Sales Manager In Carolinas
The Vollrath Company has hired Jason Prange as District Sales Manager for its foodservice division. Prange, a graduate of the Vollrath Sales trainee Program who has spent the past year working in multiple departments for the Sheboygan, Wis., manufacturer, will oversee sales, territory growth and market development in North and South Carolina. Prior to joining Vollrath,…
Webb Design Staff Expands By Three
Ray Soucie, FCSI, LEED AP, has joined Webb Foodservice Design after 25 years as Principal of RSA Inc. in Portland, Ore. Soucie assumes the title of Senior Project Manager and will focus exclusively on design and project management for Anaheim, Calif.-based Webb. He’ll remain in Portland, heading a design studio while maintaining personal contact with…
Sam Tell Cos. To Acquire Business Assets Of Premium Supply
In a deal expected to close early in July, Sam Tell and Son and Premium Supply Co. have announced that Sam Tell will acquire certain business assets of Premium. Jay Pattinger, CEO of Premium, will join Sam Tell as an Executive Vice President and member of the company’s executive committee. “We are very excited to…
Consumer Confidence Stable, But Economists Worry About Underlying Trends
The University of Michigan’s Consumer Sentiment Index fell slightly to 94.7 in the mid-June reading. It had spiked to 94.7 in the final May reading. But the survey’s Chief Economist Richard Curtin and many economists focused on some worrisome underlying trends. Curtin said consumers rated their current financial situation at the highest levels since the…
McDonald’s HQ Heading Back To The City
The Oak Brook, Ill.-based burger giant is leaving the suburbs, and will move its corporate headquarters to Chicago’s West Loop neighborhood by the spring of 2018. McDonald’s also will move its “Hamburger University” training facility to a space in the city. The move will mark a return to downtown Chicago, where the company had been…
Wholesale Food Prices Up In May, Menu Prices Still Rising
Wholesale food prices rose in May for only the second time in eight months, according to Producer Price Index data from the Bureau of Labor Statistics. Prices at the final stage of demand rose 0.3% versus the month prior, while processed food prices rose 1.1% at the intermediate stage and unprocessed foods 0.1%. While, NRA…
Breakfast And Combo Meals Drive Traffic In Flat Environment
Overall restaurant traffic was flat in the first quarter 2016 in the U.S., according to the latest CREST data from The NPD Group. And the Rosemont, Ill.-based research group expects more of the same. “All in all, the restaurant industry has been conducting business in a 1% world since 2010 and will continue at the…
New Survey Cites Money Availability, Regulations As Challenging Business Growth
Small businesses are still struggling to get the money they need and to comply with government regulations, according to a survey by Babson College. Company owners who took part in the survey said they’ve been able to get only about 40% of the money they requested from all sources, including loans and investor funding. The…
Soft Drink Tax Bubbles Up In Philadelphia
The country’s first capital has become its first major city to approve a tax on soft drinks. Last week, the Philadelphia City Council approved a 1.5-cent-per-ounce tax that will affect sodas and other sugary drinks, including teas, sports drinks and energy drinks. Drinks exempt from the tax are those that are more than 50% fruit juice, vegetable…
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