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January 3, 2011
DISTRIBUTORS GET IFMA HONORS
Two broadliners and one executive were honored Nov. 9 by the International Foodservice Manufacturers Association as winners of the group’s fourth annual distributor awards. IFMA presented the awards at its Presidents Conference in Indian Wells, Calif. IFMA presented its Excellence in Distribution Award to Food Services of America. It honored the Scottsdale, Ariz., company for…
January 3, 2011
November 2010 Issue
See a full table of contents of the current issue of Foodservice Equipment Reports here – just one click away from the top foodservice, features, evaluations, regulatory, stories that Foodservice Equipment Reports has to offer.
January 3, 2011
Double Duty, Double Time
Two-sided cooking speeds service and doubles your capacity in the same space. Is it right for you?
January 3, 2011
Luby’s Has Winning Bid For Fuddrucker’s
In a deal approved last week by a federal bankruptcy court, Luby’s Inc. will acquire most of the assets of burger chain Fuddruckers Inc., its parent Magic Brands LLC and their affiliates for about $61 million in cash. The deal is expected to close by July 26. The 96-unit Houston-based cafeteria chain also will assume…
January 3, 2011
Quiznos Plans Overseas Franchise Push
Quiznos is planning to bring its sandwiches to 15 new markets in the next two years, boosting its total international presence to 40 countries and territories. The Denver-based chain, which now has nearly 4,000 restaurants in 25 countries and territories, is focusing on opening new ones in Europe, Southeast Asia, Central and South America, and…
January 3, 2011
Red Mango Looks South For Growth
Red Mango, the South Korean-owned frozen yogurt and fruit smoothie chain, continues to expand south of the Mason-Dixon Line. Over the summer, the chain announced franchise agreements that would bring five units to Georgia and three each to Alabama and Louisiana. Now, after the successful debut of its first Florida store last March, Red Mango…
January 3, 2011
Leggett & Platt Reborn As SPG Int’l.
The Leggett & Platt Storage Products Group has new ownership and a new name. Now conducting business as a private entity under the name SPG International LLC, the company was purchased in September by its management team and Pegasus Capital Group. Its brand portfolio includes Amco, ISS, Universal Stainless, Gillis/Jarke, Kelmax, Freestyle, LPI, and ARC….
January 3, 2011
Chipotle’s Asian Foray A Nod To Growing Market
Asian markets are spurring much of U.S. chain growth and in 2011 and beyond, count on Asian concepts to contend for the title “next big thing” here at home. Chipotle Mexican Grill garnered a lot of press earlier this month when the chain said it was exploring an Asian restaurant concept modeled on its “food…
January 3, 2011
General Economy Improving, Says Leading Economist At Technomic Conference
In the opening presentation of the Technomic Restaurants 2010 conference, Paul Kasriel, chief economist for Northern Trust (and whose family owned a foodservice equipment dealership) offered some hope. "The economy has begun to hit on all cylinders," he joked, "but without much compression. Still, there is every reason to believe that the U.S. economy will…
January 3, 2011
MAFSI Barometer “Less Bad” In Second Quarter
Sales of equipment, supplies and furnishings declined 3.3% in the second quarter 2010, according to reps reporting for the Business Barometer fielded by the Manufacturers’ Agents Association for the Foodservice Industry. While sales as tracked by the MAFSI Barometer were negative for the 10th consecutive quarter, it was the “least bad” decline since the second…
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