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January 3, 2011
As Worldwide Sales Stay Strong, Domino’s Opens For Business In Romania
Maybe it’s the new sauce, but Domino’s Pizza sales and store growth are on an upward curve. The chain just opened its first store in Romania, and under its agreement with its master franchisee there, has plans to move beyond the capital of Bucharest. New master franchise agreements also were signed this year for Bulgaria,…
January 3, 2011
Nine Products Are “Best In Show” At N.Y. Hotel Show
An Italian manufacturer’s unique heated food processor won the top award at the 95th annual International Hotel, Motel + Restaurant Show on Nov. 14 at New York City’s Jacob K. Javits Convention Center. Judges reviewed nearly 100 submissions of new, cutting-edge products within the categories of E&S, design, guest amenities, linens and technology, as well…
January 3, 2011
Food Prices Down, Menu Prices Flat, Gas Prices Up A Bit
Wholesale food prices fell for the second consecutive month in May, easing concerns that the run-up in the key cost component for most operators other than labor would begin to crimp operators’ ability to discount while sales remain sluggish, and undermine margins. At the finished foods level, prices were off 0.6%, following a 0.2% drop…
January 3, 2011
Employment Numbers A Bit Better Than Expected In August
The American economy shed another 54,000 non-farm payroll jobs in August as the federal government continued to lay off census workers, the U.S. Department of Labor reported last Friday. The U.S. economy added 67,000 private sector jobs during the month. Both numbers were a bit better than many economists had expected. The revision of July’s…
January 3, 2011
Foodservice Outlook Improved Worldwide In Second Quarter; China Booms
While most major global foodservice markets continued to experience negative traffic trends, increased spending per visit had some markets returning to positive sales growth, according to second-quarter data from NPD Group. In several countries tracked by NPD’s CREST research, increased check average overcame fewer visits. In the U.S. market, traffic declined 1.5%, but average checks…
January 3, 2011
E&S Public Companies Report Second Consecutive Quarter Of Sales Growth
Blended sales of seven large publicly traded foodservice equipment and supplies companies rose 6.7% in the third quarter versus the third quarter in 2009. It was the second consecutive quarter of growth following six quarters of falling blended sales. The sales rebound was once again led by the more chain- oriented conglomerates, Manitowoc Foodservice and…
January 3, 2011
Fuming About Ventilation Litigation In D.C.
Who is to blame and who is to pay for a restaurant ventilation system that is not doing its job? That’s the decision facing a judge in Washington, D.C. this week in the case of the burger joint vs. the law firm. Steptoe & Johnson says that Rogue States, A Burger Grilling Co., is causing…
January 3, 2011
Dubai, Abu Dhabi Debut Food Safety Rules
Dubai already has the world’s tallest building. Now, on a more human scale, it plans to address food safety. After nearly 20% of the food imported to Dubai last year had to be destroyed for not meeting food-safety requirements, the country’s foodservice kitchens and food imports will be subject to new regulations. The new “Person…
January 3, 2011
Shat-R-Shield
SHAT-R-SHIELD has added a new manufacturer’s rep agency to its roster. Syn-Tech., based in Metairie, La., has been named to represent the shatter-resistant lamp manufacturer’s sales activities in Louisiana and Southern Mississippi. Shat-R-Shield is headquartered in Salisbury, N.C.
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