Panera’s CEO is Stepping Down

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Shaich wants more time to debate Wall Street’s obsession with short-term growth. Short term-ism stops innovation and “makes us less competitive as an economy,” Shaich told Business Insider. Panera’s founder and CEO is stepping down but he isn’t shutting up. On Wednesday, Ron Shaich told Business Insider that he is stepping down as CEO at the end of the year… read more

Famous Dave’s Names New CEO

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Famous Dave’s of America Inc. has named Jeffery Crivello as CEO to succeed Mike Lister, the company said as it reported narrowing its loss in the third quarter. Crivello’s appointment was announced along with a $1.5 private placement of 418,169 shares of Famous Dave’s common stock at $3.50 per share with PW Partners LLC. Crivello… read more

New Technology Enhances Guest Experience and Drive Sales

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Restaurants are facing increasing financial strain as states and municipalities pass more legislation around wage and labor practices, healthcare costs grow, and the hospitality labor pool shrinks. At the same time, customers are also becoming more demanding. Not only do they want better service, but diners are also not always willing to pay more to… read more

Global Foodservice and Equipment Newsletter – November 1, 2017 Edition

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Globe Food Equipment Now Part of the Middleby Corporation The Middleby Corporation announced the acquisition of Globe Food Equipment Company, a leading brand in slicers and mixers for the commercial foodservice industry. Based in Dayton, Ohio, the company has approximately $50 million in annual sales.  “Globe is a trusted leader in food preparation products known… read more

Top Tech Tips from the Restaurant Innovation Summit

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Restaurant operators and technology experts shared their advice for choosing, rolling out and expanding upon tech solutions for foodservice at the National Restaurant Association’s Restaurant Innovation Summit. Here are some key takeaways from the three-day event held last week in Austin, Texas. Seek out tech that simplifies, solves problems. Four in five restaurant operators agree that… read more

In Memoriam: Rational AG Founder Siegfried Meister

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Siegfried Meister, a pioneer in combi-steamer ovens and founder, majority shareholder, and chairman of Rational AG, died July 28 at the age of 78 after a brief illness. Meister’s guiding company principle was not sales or profit but providing the greatest possible customer benefits. When he started producing convection ovens in Landsberg, Germany, more than… read more

Globe Food Equipment Now Part of the Middleby Corporation

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The Middleby Corporation announced the acquisition of Globe Food Equipment Company, a leading brand in slicers and mixers for the commercial foodservice industry. Based in Dayton, Ohio, the company has approximately $50 million in annual sales.  “Globe is a trusted leader in food preparation products known for performance, reliability, value, and reducing operator’s costs. The… read more

Buffett Bets Big on Pilot Flying J Truck Stops, Buys Majority Stake

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Warren Buffett’s company is acquiring a major stake in Pilot Flying J truck stops and it will become a majority owner within about five years. The ubiquitous truck stops, 750 of them in 44 states and Canada, make up the 15th largest private company in the U.S., according to Forbes, with revenue of more than… read more

Catering Equipment Center Opens In UK

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The National Catering Equipment Centre in Bristol debuted in September as a showcase for a broad spectrum of catering equipment and products from more than 40 suppliers. The specialized facility welcomes industry professionals and catering enthusiasts to come and share ideas, learn more about the products, and get advice from the center’s on-hand team of… read more

Jackson Add Director of Consultant Services, Sheila Palinkas, to Sales Team

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As Director of Consultant Services, Sheila will focus on the Foodservice Consultant community to increase awareness and gain acceptance of Jackson Warewashing products. She will work with Foodservice Consultants, coordinating and collaborating with Consultants to ensure confidence in products, service and operation. Sheila brings a wealth of experience from her tenure working on the foodservice… read more