January 8, 2014
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Middleby Buys Market Forge
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The multi-line foodservice equipment manufacturer adds a maker of steam cooking equipment to its portfolio.
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This Week in Foodservice: Some Key Economic Indicators Looking Up for 2014
The National Restaurant Association kicks off 2014 with positive industry news, the Wall Street Journal looks for an improving jobs picture in the new year, white tablecloth restaurants hire only the best for wait staff and much more in This Week in Foodservice.
Anderson Joins Pitco Team
Pitco Frialator, Inc., a Middleby Corp. company, named Eric Anderson vice president of international sales.
Genovese Joins First Watch
Joe Genovese is the new vice president, franchise development for First Watch, a breakfast, brunch and lunch concept. In his new role, Genovese will lead the franchising efforts, including sales and development for First Watch, which operates 115 locations.
Five Foodservice Trends for 2014
In addition to forecasting a 5.9 percent sales increase in 2014, Mintel analyst Julia Gallo-Torres has come up with five trends that will affect the foodservice industry during the next 12 months. Here’s a quick overview of each trend along with Gallo-Torres’ observations.
Smallcakes Names Saqr CEO
Smallcakes: A Cupcakery named Nadia Saqr its chief executive officer for the chain’s U.S. franchises. In her new role as CEO, Saqr is responsible for overseeing the opening of new franchises and operations of existing franchises. Saqr will also assist founder Jeff Martin with brand development.
Restaurant Industry Performance Inches Forward
The National Restaurant Association’s Restaurant Performance Index (RPI) hit 101.2 in November, a 5-month high for the monthly composite index. The NRA cited improving customer traffic levels and same-store sales as factors driving the 0.3 percent increase from October.
Gersten Replaces Hanson as
BR Guest CEO
James Gersten is the new president and chief executive officer for BR Guest Hospitality, a multi-concept operator with a portfolio of 25 restaurants and bars. Gersten replaces Stephen Hanson, who, after founding and guiding BR Guest over the past 26 years, is stepping down from his role to pursue other opportunities.
O’Charley’s Cooks Up New Director of Culinary
David Powell was named senior director of culinary for O’Charley’s, a Nashville-based casual dining chain owned by American Blue Ribbon Holdings.