Uncategorized
This is the description of this category. The description for each Topic can be edited in the Posts Categories section of the WordPress Admin panel.
March 1, 2011
SPECIAL REPORT: Ten Hot Products Catch FCSI’s Eye
Utility efficiency, plus plenty of flexibility, help 10 pieces of kitchen equipment take home honors in FCSI’s Innovations Showcase.
March 1, 2011
McDonald’s Focuses On Asia
McDonald’s Corp. is laying out big plans for China and Korea. In China, McDonald’s plans to raise capital spending by 40% above 2010 levels. The Oak Brook, Ill., company will build as many as 200 new stores across the country—more than in any previous year, and swap out the old red and yellow decor for…
March 1, 2011
NPD: Restaurant Counts, Traffic Down 1% In 2010
The foodservice recession continues to impact operators—especially independents who lack the resources to compete with chains. A new report from the NPD Group said the number of U.S. restaurants fell 5,551 in net terms, or less than 1%, for the year ending Sept. 30, 2010. The Port Washington, N.Y.-based research firm also reported that restaurant…
March 1, 2011
Cheesecake Factory Goes Global
In its first international expansion, The Cheesecake Factory has inked an exclusive licensing agreement with the Alshaya group of companies to build and operate restaurants in the Middle East. The agreement with the Kuwait company covers the development of 22 restaurants over the next five years in Bahrain, Kuwait, Qatar, Saudi Arabia and the United…
March 1, 2011
Wendy’s Ponders Arby’s Sale, Signs Argentina Deal
Wendy’s/Arby’s Group is exploring strategic alternatives, including possible sale, for the 3,700-unit Arby’s chain. The Atlanta-based company says that selling the Arby’s chain would help provide capital for reinvestments at Wendy’s, including new breakfast and burger lines, restaurant remodels, a new store prototype and international growth. On that point, the company hopes to expand Wendy’s…
March 1, 2011
Gordon Oates Sr., Patriarch Of Vulcan-Hart, Passes
Gordon Oates Sr., one of the founding fathers of the modern foodservice equipment industry and a 38-year veteran of Vulcan-Hart Corp., has died. He was 86. Oates, a cofounder of the North American Association of Food Equipment Manufacturers, spent his industry career dedicated to Vulcan-Hart. He joined the manufacturer in 1955 as sales manager and…
March 1, 2011
Hooters Sells To Investor Group
Hooters of America will answer to a new parent. In a transaction ending nearly three decades of family ownership, a group of private investors has bought the Atlanta-based restaurant chain from the estate of Robert Brooks. The transaction gives a consortium of private investors headed by Chanticleer Holdings ownership of nearly half of domestic Hooters…
March 1, 2011
Vulcan Adds TEC’S Searmaster To Product Line
Vulcan, Baltimore, Md., will be expanding its product line with the TEC Searmaster Charbroiler line. Vulcan’s parent, ITW Food Equipment Group North America, has acquired parts of the commercial business of Thermal Engineering Corp. As part of the acquisition, Vulcan will own the exclusive rights to TEC’s infrared cooking technology and a license to sell…
March 1, 2011
Cooper-Atkins Updates ISO
Cooper-Atkins has announced its reassessment to ISO 9001:2008. The Middlefield, Conn., company has been an ISO 9001 manufacturing facility since 1999. The reassessment certifies them to the current 2008 revision of the international quality-management system, which utilizes a customer-focused process approach for continual improvement in products, services and customer satisfaction.
February 28, 2011
Gasoline Price Hikes Threaten Foodservice Recovery
Just as consumers are starting to return to foodservice, a steep run-up in energy prices, including for gasoline, threatens to undercut the momentum. Oil prices surpassed $100 a barrel late last week, before falling back on news that the Saudis would raise output. But concerns about the stability of oil-producing regimes in the Middle East,…
- Advertisement -
- Advertisement -
TRENDING NOW
- Advertisement -
- Advertisement -
- Advertisement -
- Advertisement -