December 17, 2014
This Week in Foodservice: November Sales Strong, Minimum Wage Debate Still Raging, Sysco Merger Carries Steep Penalty and More
November retail sales were stronger than anticipated while restaurant sales performed well, too. A study of minimum wage increase produces negative results. Sysco’s proposed merger with US Foods carries a steep penalty. This and more in This Week In Foodservice.
Bob Evans Farms to look for new CEO
Steve Davis has stepped down from his role as CEO of Bob Evans Farms, Inc. Mark Hood and Mike Townsley, the company's CFO and president of the Bob Evans Foods business unit, will fill the role of Bob Evans Farms' CEO on an interim basis until Davis' permanent successor has been identified.
Restaurant Brands International Names Tim Hortons and Burger King Executive Teams
Restaurant Brands International Inc., the organization that came about as a result of the merger of Tim Horton’s and Burger King, has announced its new executive leadership team. Daniel Schwartz will serve as chief executive officer for Restaurant Brands International, with responsibility for leading the company’s day-to-day business and overall business strategy.
Garbanzo Mediterranean Grill Announces Leadership Changes
Garbanzo Mediterranean Grill, a Denver-based fast-casual restaurant concept, appointed Bob Bafundo president. His appointment comes days after the company announced the departure of CEO Alon Mor on December 10, 2014.
Remembering Robert Perlick
Perlick Corporation’s Robert Perlick passed away on November 29, 2014. He was 92 years old.
MAFSI Reports Foodservice Equipment and Supplies Sales Increased 3.8 Percent
Third quarter sales of foodservice equipment and supplies increased 3.8 percent, up from 3.1 percent and 3.3 percent in the second and third quarters of 2014, according to the Manufacturers’ Agents Association for the Foodservice Industry’s Business Barometer for the third quarter of 2014.