Restaurant performance was fairly steady in December according to the NRA. Foodservice operators continued to add help in January. Papa John’s appears to be off the sales block, at least temporarily. Subway closes 1,000 stores. McDonald’s financial performance exceeds forecasts. These stories and a whole lot more.
AB Electrolux, a global manufacturer of household and commercial appliances, is preparing for the separation of its Professional Products business area. The expected net result will be two publicly traded companies: Electrolux for household appliances and Electrolux Professional for products such as commercial foodservice equipment.