The Middleby Corporation announced the acquisition of Firex Srl. The company is a leading manufacturer of steam cooking equipment for the commercial foodservice industry. Based in Sedico, Italy, Firex has approximately $20 million USD in annual revenues. …
Imagine being a college student so focused on preparing great meals that you choose to attend one of the most prestigious chef schools in the land. You find that it takes much more than following recipes or even creating your own – you have to know where food comes from. …
Despite the overall weakness in the U.S. restaurant industry, foodservice delivery posted sizable gains in both visits and sales over the last five years, reports The NPD Group, a leading global information company. The 20 percent increase in delivery sales and 10 percent gain in delivery foodservice visits were supported in large part by the growth of digital ordering, which now represent over half of all delivery visits. …
Millennials. Every business is focused on how to tap into their emerging buying power and identify their needs and wants. When it comes to foodservice at retail, we’re no different. In many ways, millennials are driving the trend of foodservice at retail, so understanding this shopper segment is critical. …
Visa announced the 50 winners of the Visa Cashless Challenge. The contest asked small businesses in the food-service category to explain how the cashless movement could benefit their business for a chance to win a monetary prize. Each winning business received $10,000 they can use to assist in their plans for digital commerce enhancements, point-of-sale upgrades, marketing efforts and other business improvements. …
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