Which way is the construction market heading in the coming year, and what are the chief economic factors that might affect mechanical contractors? As we head into 2025, it is with a greater sense of confidence than at the start of 2024. Inflation seems under control, and interest rates are in decline. The economy appears… read more
GLENDALE, Calif. — ServiceTitan Inc., which offers software to support trades businesses, became a publicly traded company last month. The 8.8 million shares in ServiceTitan’s initial public offering (IPO) were priced at $71 each, above the anticipated range, according to news reports. The stock price was just over $101 a share on Tuesday. ServiceTitan trades… read more
In a nation that’s enduring its own sour patch, the pickle dominated 2024. SHARPSBURG, Pa. (AP) — When did we know for sure? Was it April, when Nature Made introduced its pickle-flavored gummy vitamins? Was it November, when Petco’s “Pickle Mania” promotion offered 26 different pickle-themed toys for dogs and cats? Maybe it was the… read more
Insiders bet on the impact of Gen Z disruption and Gen X nostalgia, while umami and spicy flavors continue their reign. Food innovators predict that snacks, beverages, and main dishes will feature bold umami and spicy flavors in 2025. As consumers increasingly seek Asian-inspired and maximalist flavor profiles across various categories there will also be… read more
Producers such as Heineken, Giesen 0% wines and Free Spirits are promoting their alcohol-free beverages as more consumers moderate their drinking. Heinekin sees the future including more non-alcoholic products A leading beer brand is turning to data to address the hurdles that are hindering wider acceptance of nonalcoholic drinks. Heineken discovered that while stigma still… read more
As the restaurant industry moves into 2025, design is taking center stage as a key driver of guest experience, operational efficiency and brand storytelling. Today’s diners expect more than just good food—they seek environments that captivate, connect and surprise. Mintel’s 2024 Global Consumer Trend ‘Relationship Renaissance’ revealed that coming out of the pandemic, consumers expressed… read more
Opening a restaurant in competitive markets like South Florida is no easy task. Nearly 49 percent of restaurants fail within their first five years, and the 10-year survival rate is less than 35 percent, according to the U.S. Bureau of Labor Statistics. High rents, competition, and fees make it tough for new restaurants to stay… read more
As physical and mental wellness takes center stage, progressive restaurants are stepping up to define the movement. January is not just a time for fresh starts and reinvigorated goals; The new calendar year often coincides with an increased focus on healthy eating. A 2024 study by Circana places wellness at the forefront of U.S. consumer… read more
Sustainable buffet products, including induction systems and beverage dispensers, now join the manufacturer’s portfolio. Miami-based FOH Worldwide has added to its array of buffet offerings with the acquisition of Smart Buffet Ware. Smart Buffet Ware, founded in 2009 by David Moreland, has offered eco-conscious buffet solutions in partnership with Tiger Company LTD—a South Korean manufacturer… read more
The newly appointed individual takes the reins from a 40-year veteran who will retire this spring. SESCO is kicking off the new year with several new appointments. For one, industry veteran Dan Farmer took over as president of the manufacturers’ rep on Jan. 1. Farmer has 30 years of cross-segment experience, from leadership roles at… read more