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TGI Fridays Changes Stripes With New Prototype
TGI Fridays is seeking millennials (and customers with a millennial-mindset). Earlier this month, the 51-year-old chain opened the doors of a new prototype in Corpus Christi, Texas. Instead of candy-stripe awnings and dark booths, the10,000-sq.-ft. restaurant delivers a brighter, more vibrant interior, with flexible “fluid social zones” where guests can adapt seating and spaces to…
U.K. Foodservice Sales Growth To Slow Slightly In 2016
A slight slowdown in growth of the British economy, a somewhat more cautious consumer, and the uncertainties surrounding the referendum on the United Kingdom’s continued membership in the European Union are among the “stones in the road” impacting the foodservice market in the U.K. These factors and others led London-based foodservice research firm Horizons to…
Public E&S Companies Finish 2015 Up 3.3%
Structural problems at several companies, slowing growth in most major international markets and a surprise negative quarter from Middleby Corp. impeded growth at the eight publicly reporting equipment and supplies companies in 2015. The companies’ combined sales rose 3.3% for the year, significantly below 2014’s 5.5% growth and the four-quarter average growth of 4.9% in…
Top 500 Chains Grew Nearly 5% In 2015, Driven By Fast Casual
The Top 500 chain brands grew combined sales 4.9% in 2015, up from 4.2% growth in 2014, reports Technomic Inc., as chains across the concept spectrum reported improved results. Again last year, fast-casual chains recorded robust growth of 11.4%, helping push overall limited-service chain sales to a 5.5% gain. In contrast, full-service concepts posted combined…
Get Your FER Top Dealer Survey In Now!
Christine Palmer just sent Beth Lorenzini, our editor-in-chief, and me an update on our annual Top Dealer survey. Only about half of you who verified your sales last year have submitted your forms. Get on the stick! Don’t make us chase you! Don’t make us beg! Just go to fermag.com/research/dealer-survey.html, download and fill out the…
Associations, Buying Group Meetings In Full Bloom
Spring meetings are busting out all over, and the season is only half over. NAFED, NESA, NISSCO and R.E.D. already hosted meetings in February and March. Still coming up, in addition to FEDA’s March 30-April 3 Annual Convention in Tucson, Ariz., are: ABC Spring Conference, May 2-5, San Antonio. Excell Annual Conference, May 16-19, Palm…
Register For August CFSP Session In Chicago
The biennial NAFEM Show and the National Restaurant Association Show offer a multitude of events and exhibits and leaning opportunities, but the CFSP overview and exam is no longer available at either show. However, opportunity knocks this summer for industry professionals planning to be certified: NAFEM will host its annual overview seminar and exam at…
Cyber Security Gets Spotlight At FEDA
April Fool’s Day might be April 1, but don’t be fooled by the agenda that day at FEDA’s Annual Convention, March 30-April 3, in Tucson, Ariz. That afternoon’s sessions cover serious issues—business and the web, and the resulting vulnerabilities to havoc and dirty tricks. In “The Cyber Blacklist: Bulletproofing Your Business” speaker John Sileo, CEO…
Macroeconomic Forecasts Steady As Good Data Overcomes Fear
The consensus forecasts of economic growth in the U.S. righted themselves in early March, according to the latest Blue Chip Economic Indicators. The rebound of equities markets and an upward revision of growth of gross domestic product in the fourth quarter were among the factors that led the 50 economic forecasting groups polled by Blue…
EPA Examines Pollution Problems With Transport Refrigeration Units
The California Air Resources Board (CARB) will be hosting a series of public workshops to discuss ways to reduce air pollution from refrigeration units used to transport temperature- sensitive products, such as food and pharmaceuticals. The California Restaurant Association is encouraging owners of Transportation Refrigeration Units (TRUs) and facilities in California where TRUs operate (e.g.…
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