Sales of foodservice equipment and supplies came in at -1.0% in the second quarter of 2024, per the Manufacturers’ Agents Association for the Foodservice Industry. Reps project sales of foodservice equipment and supplies will shrink by 1.6% in the third quarter of 2024, per the MAFSI Business Barometer. In comparison, foodservice equipment and supplies sales… read more
– by Daryn Edelman – Daryn Edelman, CPRW, is American Recruiters’ Resume Specialist. He has been creating ‘results-getting’ resumes for nearly 20 years for interns to C-levels and board members of Fortune 100 corporations. He began resume writing as a side hustle (before “side hustle” was a thing), eventually starting his own company, and has… read more
– by Ainsley Lawrence – Ainsley Lawrence is a freelance writer with an interest in the way business, technology, and education intersect with the personal. She loves traveling to beautiful places and is frequently lost in a good book. The remote work industry boomed during the pandemic when many employees were forced to… read more
Foodservice Equipment Hussmann Beefs Up Foodservice Team Led by Kasey Klingensmith, the team will grow the manufacturer’s reach into the foodservice segment. Hussmann has created a business development team focused on foodservice. Traditionally, the manufacturer, which is part Panasonic, has concentrated on grocers and convenience stores, offering everything from display cases to entire refrigeration… read more
Stalking-horse bidder Main Street Capital has made a $27 million credit bid for the casual-dining chain’s assets. Bankrupt Italian chain Buca di Beppo has a potential buyer. The Orlando-based casual-dining brand has selected an existing lender, private-equity firm Main Street Capital, as the stalking-horse bidder in its Chapter 11 bankruptcy proceedings, meaning Main Street was… read more
The departure of CEO Brian Niccol is speeding previously announced C-suite moves. The planned retirement of CFO Jack Hartung is now on hold indefinitely. With Chipotle’s CEO off to a new job at Starbucks, the fast-casual chain is awarding big retention bonuses to keep top executives at the helm. The company on Wednesday said CFO… read more
Mina Haque steps up from her role as interim CEO at the full-service brand. This week, casual dining concept Tony Roma’s announced the appointment of its first female CEO, Mohaimina “Mina” Haque. Haque has served as interim CEO and under her leadership, the brand says in a release it has embraced a renewed focus and… read more
The Chicago-based fast-casual Mediterranean chain, which has been closing locations in recent years, says it will use the process to find new investors or a buyer. Roti, the Mediterranean fast-casual chain, on Friday said it had declared Chapter 11 bankruptcy, joining a parade of summertime restaurant chain restructurings. The Chicago-based chain said it plans to… read more
The building features a kitchen on the second floor, with a conveyor belt that delivers orders to team members on the ground. Chick-fil-A is taking its drive-thru to new heights with its latest digital-focused concept. The company is set to open its first two-story, four-lane “elevated drive-thru” on Thursday in McDonough, Georgia, near its home… read more
Alimentation Couche-Tard has made an offer to buy Seven & i Holdings, the owner of 7-Eleven, in a deal that would merge the two largest convenience store chains in the country. Alimentation Couche-Tard Inc., (ACT), the parent company of the Circle K convenience-store brand, has submitted a “friendly,” nonbinding proposal to Seven & i Holdings… read more