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January 3, 2011
FCSI Worldwide Names New Execs
The Foodservice Consultants Society Int’l. has named Ian Hopper to a two-year term as its new Worldwide president. Hopper, a principal of consulting firm McCartney Taylor Dimitroff in Victoria, Australia, takes over from previous FCSI Worldwide President John Radchenko, of Van Velzen + Radchenko Design in Toronto. Radchenko will continue to support FCSI in the…
January 3, 2011
FER Forecasts The E&S Market Will Begin To Grow Next Year
While many challenges remain, Foodservice Equipment Reports forecasts the foodservice equipment and supplies market will grow in both real and current dollars in 2011, following a third-straight year of declines in 2010. FER Publisher Robin Ashton presented these predictions Aug. 4 at the magazine’s annual President’s Preview E&S Market Forecast meeting, held at the Orrington…
January 3, 2011
Technomic Forecasts Fourth Year Of Real Declines For Operators in 2011
Technomic Inc. predicts foodservice real operator sales will fall 0.3% next year, an unprecedented fourth consecutive year of real sales declines. The Chicago-based research group unveiled the numbers Sept. 23 during the annual Forecast & Outlook Conference sponsored annually by the International Foodservice Manufacturers Association. Nominal sales are forecast to rise 1.7% in 2011. Technomic…
January 3, 2011
Expect Slow Growth Next Half Decade
And now for the long-term picture. As we reported last issue, the consensus forecast for real growth of gross domestic product in the U.S. next year, according to the economists surveyed monthly by Blue Chip Economic Indicators, is a moderate 2.5%, even slower than this year’s 2.7% forecast. You might be interested to know that…
January 3, 2011
Operators To Reap Rewards From Financial Reform Bill
The team won one for the tipper, or so it seems from the foodservice industry’s reaction to President Obama’s signing of the financial reform bill last week. The Wall Street Reform and Consumer Protection Act includes the interchange fee provision long championed by foodservice operators and other retail merchants. The bill authorizes the Federal Reserve…
January 3, 2011
McD’s Has A Beef With Healthcare Costs
McDonald’s is refuting a story in the Sept. 30 Wall Street Journal that it will drop health insurance for its employees. In a statement posted on the company’s corporate website, Steve Russell, senior v.p and chief people officer at McDonald’s USA, says: “Media reports stating that we plan to drop healthcare coverage for our employees…
January 3, 2011
School Salad Bar Program Ramps Up
A new public-private partnership supported by First Lady Michelle Obama’s “Let’s Move” campaign to fight childhood obesity might be a boon to the makers of salad bars. “Let’s Move Salad Bars to Schools” aims to install at least 6,000 salad bars in U.S. school cafeterias through a combination of grants and national and local fund-raising….
January 3, 2011
SUPPLY & EQUIPMENT FOODSERVICE ALLIANCE
SUPPLY & EQUIPMENT FOODSERVICE ALLIANCE honored members during its annual partnership conference in Carlsbad, Calif. The group’s top honors went to Restaurant Depot/Jetro Cash ‘N Carry as Member of the Year and to Cambro Mfg. as Supplier of the Year. Other honored dealer members include Acme Paper & Supply, Anchorage Restaurant Supply, Associated Food Equipment…
January 3, 2011
Commodity Prices Up 8% In Q1
The big deflation in prices for metals, plastics, lumber and other commodities seen in 2009 is long gone. Purchasing magazine’s index tracking transaction prices for 109 industrial commodities rose 8% in the first quarter this year. And the magazine is forecasting an overall 17% rise for ’10, followed by another 6% increase next year. While 304…
January 3, 2011
Red Mango
Dallas-based frozen yogurt chain Red Mango, in the news pretty often these days, has awarded development agreements for more than 70 additional locations in some 20 states. One of the most recent deals will see the opening of five stores in the Atlanta area. The sweet-treat chain specializes in “fro-yo” beverages as well as smoothies…
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