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Excell, NISSCO Join Forces In Strategic Alliance
In a major announcement for the E&S distribution industry, Excell Marketing & Procurement Group and NISSCO Restaurant Dealer Group have formed a strategic alliance as EMPG Holding Co. Now under a common umbrella, the groups look to be a market leader supporting foodservice equipment and supplies dealers. “Excell and NISSCO RDG have independently strived to…
MAFSI Reps Report 4.8% E&S Sales Gain For First Quarter 2016
The brief stock market panic and a big winter snowstorm in the Northeast during January this year didn’t stall the foodservice equipment and supplies market after all. Manufacturers’ reps surveyed for MAFSI’s quarterly Business Barometer reported an overall sales gain of 4.8% for the first quarter 2016. The gain exceeded the reps forecast of 4.3%…
FDA Sets The Date, Finally, On Menu Labeling
In March, it looked as if the official rollout of menu labeling would never be announced. But now, six years after calorie labeling on menus was mandated as part of the 2010 Affordable Care Act, the Food and Drug Administration has released final guidance on implementing the regulation. Compliance and enforcement will begin in May…
Panera Continues Paradise Bakery Conversions
More Paradise Bakery & Cafe units acquired by Panera Bread Co. in 2009 will be closed or converted to Panera stores. Panera CEO Ron Shaich says slowing growth at Paradise’s more than 50 restaurants in Arizona, Colorado, Illinois, Nebraska, Texas, and Utah has accelerated conversion efforts. Many of the Phoenix-based Paradise cafés are located in food…
Papa Murphy’s Puts Hawaii On Expansion Menu
The Vancouver, Wash., pizza chain expects to add up to 120 new domestic locations, including its first store in Hawaii, in 2016. Over the next four years, the Aloha State will welcome 15 of the take-and-bake pizza outlets, including a store this year in Oahu. Papa Murphy’s also is doubling its footprint in Alabama by…
Germany’s JAB To Add Krispy Kreme To Coffee Empire
It’s a sweet takeover for Krispy Kreme Doughnuts. JAB Holding Co. , the German conglomerate and owner of bagel, coffee and tea brands announced May 9 that its JAB Beech subsidiary will acquire the 1,121-unit chain for $1.35 billion. In the past few years, JAB has purchased Einstein Noah Restaurant Group, Caribou Coffee, Krispy Kreme will…
Sign Up For FER’s President’s Preview
There’s still time to nab a seat for Foodservice Equipment Reports’ 2016 President’s Preview Equipment & Supplies Market Forecast. But you’re running out of time to register! The annual one-day event, Tuesday, August 9 at the Westin O’Hare, includes Publisher/Research Editor Robin Ashton’s overview of general and operator segment-specific economic environments, trends and forecasts in…
Fast-Casual, “Better” Quick-Service Drove Top 500 Chains Growth In 2015
Most chains in Technomic Inc.’s annual Top 500 Chain Restaurant Report had a good 2015, according to the final tallies, released late last month. The report sends a clear message: Limited-service chains are gaining market share. According to the Chicago-based market research firm, cumulative year-over-year sales for chains in the Top 500 ranking grew 5%…
NRA’s Performance Index Swings Back Down In March; Cap-Ex Measures Mixed
It’s down, it’s up, it’s down. Restaurant operators surveyed for the National Restaurant Association’s monthly Restaurant Performance Index have been on a roller coaster since December last year. The index showed another steep decline in the March survey, conducted in April. It fell 1.4 point to 100.7. The Current Situation Index dropped 2.6 points to…
FER Top Dealers Grew Combined Sales 13.5% In 2015
The 61 U.S. and Canadian dealers verifying sales for Foodservice Equipment Reports’ annual Top Dealers Report posted another remarkable year in 2015. Combined sales for the 58 U.S. companies that verified sales rose 13.5% to $6.653 billion, up from $5.863 billion in 2014. In comparison, FER estimates the total foodservice equipment and supplies market grew…
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