Breaking news for the full foodservice equipment and supplies distribution channel. Includes information on dealers, distributors, design consultants and multi-unit operators spanning leadership changes, mergers and acquisitions, trends, data and much more.
The NRA's Restaurant Performance Index posted a solid 1.1 percent increase in December, indicating a positive outlook among foodservice operators based on improving business conditions.
For the first time in four years, the restaurant industry will experience real growth, according to the National Restaurant Association's 2011 Forecast.
Although the business climate seems to be improving, relief appears to be a ways off for foodservice operators.
A group of seasoned foodservice professionals have joined forces to join Culinary Equipment Group, a multiple-line manufacturers' rep group.
According to Technomic's Generational Consumer Trend Report, the Millennial generation, aged 18 to 33, rivals the Baby Boomer generation in size. As a result, restaurant chains are adjusting their tactics to make their foodservice operations more appealing to this sizable demographic.