March 27, 2013
Largest Chains Up More Than $12 Billion in 2012
The 500 largest U.S. restaurant chains registered a 4.9 percent annual sales increase in 2012, a marked improvement over 3.5 percent the prior year. According to data released by Technomic Inc. in its annual reporting on the top U.S. restaurant organizations, the foodservice consultancy found that U.S. system wide sales for the Top 500 chains grew to an estimated $254 billion in 2012, up more than $12 billion over 2011.
Southbend Partners with JFA
Southbend, a division of the Middleby Corporation, has entered into a partnership with J. Frishman Associates (JFA).
Homer Laughlin Names New President
The role of president passes from brother to sister in the family-owned company. Elizabeth McIlvain assumed the role of president at Homer Laughlin China Company.
The Digital Kitchen
The New X*PERT™ Series APW Wyott Digital Roller Grill is Simple to use with one button control and automatic pre-sets. Heats & Holds Links, Taquitos & other Roller Grill Food.
SPG Names New Controller
Dervin Taylor is the new corporate controller for SPG International, a manufacturer of foodservice equipment and supplies.
Ace Mart Announces Pair of Promotions
Ace Mart Restaurant Supply has promoted Eddie Sigh to regional manager of the company’s Houston market and Sandra Zouzalik to manager of the dealer’s Gulf Freeway superstore.
Market Forge Updates Management Team
Market Forge industries promoted Jeff Leckel to interim president and chief executive officer from operations manager. In addition, Mark Whalen has accepted a special assignment to serve as Market Forge’s executive vice president for business development.
Food Trucks 2.0
These days it’s all in — the right way — or bust. A few years after the food truck boom swept the industry and the nation, the segment shows no signs of stalling or slowing, but the competition is a survival of the fittest. Those who planned their concepts, menus, operations and mobile kitchens well from the get-go and adapted along the way now operate in the fast lane. The rest have suffered — or shuttered.
Insinger Adds Three Rep Groups to Roster
Insinger Machine Company added three rep groups to its roster: Preferred Marketing Group, Heartland Group LLC and The Redstone Group.
This Week in Foodservice: Mega Distributor Sysco is on the Prowl for Acquisitions
Mergers and acquisitions activities start to show signs of life for suppliers and chains alike as the economy slowly and steadily heads in the right direction.