Foodservice Equip & Supplies News
McDonald’s Sales Rebound to pre-COVID Levels in Q1, Earnings top Wall Street Estimates
McDonald’s reported fiscal first-quarter earnings that topped Wall Street’s expectations, with the fast food giant posting sales that rebounded to pre-COVID levels amid the battle of chicken sandwiches, and the industry’s growing digital shift. Here’s what the Golden Arches reported, compared to Wall Street’s expectations, according to a Bloomberg consensus estimate: Revenue: $5.12 billion versus $5.03…
Read MoreEquipment Giant Middleby to Buy Welbilt for 2.9B
Foodservice equipment manufacturer Middleby Corp. is acquiring smaller competitor Welbilt for $2.9 billion, adding to its wide array of equipment and technology for commercial kitchens. The deal will combine the companies’ “distinct but complementary portfolios” and help expand Middleby’s global footprint, the companies said in a statement. It also advances Middleby’s investments in newer technologies…
Read MoreAutomation Can Offer Cost, Time and Labor Savings
Incorporating automated and robotic systems into meat and poultry processing operations is a growing trend in the industry, but that doesn’t mean every plant should necessarily make the switch. There are a number of things to be considered when automating operations, many of which were shared during the North American Meat Institute’s virtual Meat Industry…
Read MoreTOCK Latest Hires in a Rapidly Growing Company
The Chicago-based company is tuning in from their apartments. He’s logging in from a house in Lake Tahoe that he’s rented for a few weeks in January in an attempt to take a vacation after an extraordinarily busy year. The plan is to welcome his employees to the company with an introductory pep talk. He’ll…
Read MoreStarbucks Tests out Reusable Cup Rental Service at Select Seattle Stores
Starbucks announced that they will be scaling up single-store tests of their reusable cup rental service, Borrow a Cup, at five stores in Seattle this spring, from March 30 through May 31, coinciding with Earth Day. In partnership with Go Box — which has worked with other smaller chains like Dig on returnable, reusable food,…
Read MoreHow to Maximize Outside Legal Counsel to Drive Post-Pandemic Growth
Now is a perfect time for industry players to reevaluate and reconsider. Using the right outside counsel can provide the extra edge in both “on-the-ground” contract negotiations and the overall programmatic approach to successfully realize growth plans. Everyone loves to complain about lawyers. They like to talk (and talk). They relish in completely rewriting contracts.…
Read MoreAshley Agnew promoted to Customer Success Manager at Chrane Foodservice
Customer Success Manager at Chrane Foodservice Solutions Mrs. Ashley Agnew has been promoted to the newly created role of Customer Success Manager at Chrane Foodservice Solutions. From a long career in the foodservice industry, including almost nine years as a Chraniac, Ashley joined the Chrane leadership team as of March 3, 2021. Per Meredith Mulliken, Chrane’s…
Read MoreCOVID’s Impact on Processed Meat, Prepared Foods Safety
CHICAGO – Buffets shuttered. Salad bars got covered. Deli-counter workers were reassigned jobs in the supermarket until protocol was in place to safely slice and scoop fresh foods portioned for customers’ in-person orders. These are some of the changes that occurred at the onset of the COVID-19 pandemic to ensure food safety. Further, ingredient technology…
Read MoreEnsuring Food Safety when Cleaning Conveyors
Production room sanitation is not as simple as pulling out a water hose. Food safety requires well-thought-out procedures that are understood and followed by the cleaning team. “In the food production environment, we often see dry cleaning with compressed air, sweeping up heavy debris, and then completing a full wet clean with sanitizers and rinse,”…
Read More3 Reasons Businesses Should Be Starting Now
The COVID-19 pandemic has not only changed the trajectory of people’s livelihoods and businesses’ bottom lines but society in general. As a result, many normalities from employment to public health to how we communicate, have been changed forever. Looking ahead, research unsurprisingly suggests that 2021 will be a year of transition. Apart from any catastrophes…
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