Global Foodservice and Equipment Newsletter – January 15, 2018 Edition

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Red Robin Restaurants Eliminate All Busboys The national restaurant chain Red Robin announced it would eliminate busboys at all of its 570 restaurants, as the company expects it will save $8 million in 2018 by doing so. Red Robin’s chief financial officer Guy Constant told attendees at the ICR retail conference, “We need to do that… read more

Global Foodservice and Equipment Newsletter – December 1, 2017 Edition

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Arby’s to Acquire Buffalo Wild Wings for $2.8B in Restaurant Shakeup Wings. Beer. And Arby’s. Fast-food chain Arby’s Restaurant Group said that it reached a deal to acquire Buffalo Wild Wings, which promotes the slogan “wings, beer, sports” in its advertisements, for $2.8 billion in cash. The deal comes as the casual dining sector is ailing as… read more

Global Foodservice Newsletter – November 15, 2017 Edition

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Edward Don & Company Has Acquired Atlanta-Based Atlanta Fixture and Sales Company Inc. Edward Don & Company, a nationwide distributor of foodservice equipment and supplies, announced today the acquisition of certain assets of Atlanta Fixture and Sales Company, Inc., located in Atlanta, Georgia. Since 1927, Atlanta Fixture has been a leading foodservice equipment and supplies distributor… 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

Global Foodservice and Equipment Newsletter – October 15,2017 Edition

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To Our Loyal Followers, Here it is the middle of October and my World Series Champion Cubs (never gets old until they are dethroned) are still in the running for a 2peat!! What a fall!! In real news, according to the Institute for Supply Management, factory expansion had the highest increase since 2004. New orders… read more

Global Foodservice News – October 1, 2017 Edition

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Singer Buys Ashland Equipment Singer Equipment Co. has acquired the business of Ashland Equipment, the Belcamp, Md., dealer. Ashland has a large contract equipment presence in its home state, Delaware, Virginia, and Washington, D.C., markets, serving healthcare, higher education, K-12, business and industry, and restaurant segments. Rod White will continue leading the new division, which… read more

Global Foodservice Newsletter – September 1, 2017 Edition

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The Middleby Corporation Acquires QualServ Solutions, LLC The Middleby Corporation announced the acquisition of QualServ Solutions, LLC, a global commercial kitchen design, manufacturing, engineering, project management and equipment solutions provider. QualServ, based in Fort Smith, Ark., has annual revenues of $100 million. “QualServ is a respected industry leader providing a unique set of services and… read more

Global Foodservice and Equipment Newsletter – August 15, 2017 Edition

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Potbelly Mulls Sale amid Disappointing Earnings The Chicago-based sandwich maker reported second-quarter earnings that missed expectations. The company is “undertaking a comprehensive review of our business strategy,” interim CEO Michael Coyne said in a statement. Coyne said Potbelly tapped J.P. Morgan Securities “as our financial advisor to assist with this review and development of strategic… read more

Global Foodservice and Equipment Newsletter 8.1.17

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Corrie Byron has been appointed President of Franke Coffee Systems North America Byron will be responsible for accelerating sales and growth of the Smyrna, Tenn.-based Franke Coffee Systems business in the U.S. and Canada. Byron will report to Thomas Patrick Meier, CEO of the global Coffee Systems Division headquartered in Aarburg, Switzerland. “Corrie will leverage… read more