February 24, 2016
Cameron Mitchell Restaurants Updates its Leadership Team
David Miller was promoted to the newly created position of president and chief operating officer for Cameron Mitchell Restaurants, an Ohio-based multiconcept operator. A 20-year veteran of the company, Miller most recently served as executive vice president of Cameron Mitchell Restaurants.
Kappitt Becomes President of Carrabba’s Italian Grill
Bloomin’ Brands promoted Mike Kappitt to president of its Carrabba’s Italian Grill concept. Kappitt most recently served as senior vice president and chief marketing officer of Bloomin’ Brands.
Restaurant Industry To Navigate Continued Challenges In 2016
The National Restaurant Association projects that restaurants will post sales of $782.7 billion and employ 14.4 million people in more than 1 million locations during 2016. The National Restaurant Association also released a list of seven key trends that will impact the industry throughout this year.
Solid Year-End Performance for Foodservice Equipment and Supplies Sales
MAFSI members forecast a 4.3 percent sales increase in Q1 2016.
Sales of foodservice equipment and supplies increased 4.9 percent in the fourth quarter of 2015, per the Manufacturers’ Agents Association for the Foodservice Industry. This exceeded projected sales levels by .6 percent. According to the MAFSI Business Barometer, independent manufacturers’ reps project a 4.3 percent sales increase for the first quarter of 2016.
PT Holdings Acquires Whaley Foodservice Repairs
PT Holdings, LLC, the parent company of Parts Town, LLC has acquired Whaley Foodservice Repairs, Inc. Whaley Foodservice will continue to operate independently under its existing brand name and leadership, according to a release announcing the deal.
Unified Brands Names New Sales Manager for Restaurant Chains
Multiline foodservice equipment manufacturer Unified Brands promoted Jim Wernette to chain account sales manager.
Comparing Industry Forecasts, Two New
C-Store Prototypes and More!
Forecasts predict moderate restaurant industry sales increases for 2016. Jack in the Box says competitive activity hurt its financial results. Sysco makes a major acquisition overseas. These stories and a whole lot more This Week in Foodservice.