February 27, 2013
MAFSI Business Baromter Forecasts Steady Growth for Q1 2013
The MAFSI Business Barometer forecasts growth of 3.6 percent for the first quarter of 2013. This comes after the independent reps reported a 3.8 percent sales increase for the fourth quarter of 2012.
This Week in Foodservice: Consumers Prepare to Alter Spending Patterns
While the sequester gobbles up all of the headlines, consumers continue to come to terms with the impact the newly enacted payroll tax is having on their disposable income, including their purchases of food prepared outside of the home. As a result, expect consumers to cut back and return to their value-conscious ways.
Ingram Promoted to President of White Castle
Lisa Ingram was promoted to president of White Castle System, Inc. She takes over the role from her father Bill Ingram, who will continue to serve as chairman and CEO.
National Restaurant Association, Educational Foundation Elect New Officers, Board Members
The National Restaurant Association and the National Restaurant Association Educational Foundation announced elected new officers to its Board of Directors and Board of Trustees, respectively, effective January 1, 2013. In addition, the Association and the Educational Foundation have named several industry leaders to join their respective boards.
Chain Profile: Joe’s American Bar and Grill
A commitment to treat patrons like “guests in your own home” and scratch cooking of classic comfort foods defines this New England-based upscale casual chain.
Blendtec Appoints New CEO
Blendtec named Reed Beus its chairman and CEO. Beus replaces company founder Tom Dickson, who becomes a member of Blendtec’s board of directors.
National Restaurant Association Announces 2013 Kitchen Innovations Awards Recipients
The National Restaurant Association announced the 21 recipients of the 2013 Kitchen Innovations (KI) Awards, which recognizes technological advancements in the foodservice equipment industry.
COEX Innovation Awards Recognize Foodservice Operators
The International Foodservice Manufacturers Association (IFMA) recognized four restaurant chains through its COEX Innovation Awards.
Logan’s Roadhouse Names New CEO
Mike Andres was named president, CEO and chairman of the board of Logan’s Roadhouse.
Xanterra Parks & Resorts Completes Series of Acquisitions
Xanterra Parks & Resorts completed a series of acquisitions, including VBT Bicycling and Walking Vacations, The Grand Hotel in Tusayan, Ariz., and three all-suite luxury cruise ships purchased from Seabourn Ships that will become part of Windstar Cruises.
Ignite Restaurant Group Announces Series of Promotions
Ignite Restaurant Group announced several executive promotions, including new presidents for the multi-concept operator’s Joe’s Crab Shack and Brick House Tavern + Tap chains.
NAFEM Names New Board Members
The North American Association of Food Equipment Manufacturers announced the results from its annual board of directors elections, including three incumbents earning an additional three year-term. In addition, Teri Brewer, THERMO-KOOL/Mid-South Industries, Inc., was newly elected to the NAFEM board.