Foodservice Equip & Supplies News
Is a recession looming? Customer loyalty is key to Making it Through
Restaurant Meals are Frequently Among the First Things Consumers Cut Recessions can make any business — large or small — uneasy about potential drops in sales from the decline in economic activity. With inflation and ongoing supply chain issues, experts predict a 70% likelihood of a U.S. recession in 2023, with at least 41% of…
Read More$1 Trillion Infrastructure Law Ends Employee Retention Tax Credit
President Joe Biden signed a $1 trillion infrastructure bill into law Monday that ends the employee retention tax credit retroactive to after September 30. The ERTC provides a tax credit equal to 50 percent of qualified wages paid, up to $10,000 per employee, after March 12, 2020, and before January 1, 2021. The National Restaurant…
Read MoreWill the Pandemic Kill Dine-in As we Know it? The Answer Isn’t so Simple
In the current day and age, how do we define what is or isn’t a restaurant? It is a straightforward question, yet difficult to answer. Industry professionals and consumers alike could debate this for days and never arrive at a consensus; a point proven by looking at definitions from several dictionaries. When I turn to…
Read MoreRecord Growth as the Foodservice Industry Recovers
KCL, the industry leader in foodservice design technologies, announces 22 new manufacturing partners who now host their equipment content– PDFs, CAD blocks, Revit families, and supporting images, and documents– on KCL software. Designers, consultants, and dealers around the world appreciate the convenience of KCL’s best-in-class design tools. KCL software is used in 174 countries and…
Read MoreMcDonald’s Partners with IBM to Expand Voice-Ordering Technology
The technology has been tested at multiple restaurants with positive results. McDonald’s revealed Wednesday that it’s turning to IBM to accelerate the growth of its automated voice-ordering technology. As part of the agreement, IBM will acquire McD Tech Labs, which was formed following the burger chain’s 2019 acquisition of Apprente, a leader in voice-based, conversational…
Read MoreCisco Getting into the Hologram Business
Cisco will announce on Tuesday that it’s getting into the hologram business. At its WebexOne customer conference, it’ll describe a new service called Webex Hologram, which enables virtual meetings in augmented reality—with the participants represented as photorealistic holograms instead of cartoon-like avatars. I got an early look at the new service and spoke to two…
Read MorePentair Acquires Beverage Equipment Firm Ken’s Beverage Inc. for $80m
Headquartered in Montgomery, Illinois, KBI has provided beverage equipment such as fountain dispensers, brewers, and water filters to commercial customers for over 35 years. The company also specializes in equipment services such as installation and preventive maintenance. KBI has over 30 branches and over 300 trained technicians across the US, with offices located in Michigan,…
Read MoreMcDonald’s Targets Net Zero Emissions by 2050, From Meat to Energy
McDonald’s Corp. set a new target to cut global greenhouse gas emissions to net-zero by 2050, from the beef in its burgers to the light bulbs in its restaurants. The burger chain also said it was working with the nonprofit Science Based Targets initiative (SBTi) to revamp its existing climate change targets. It aims to…
Read MoreRobots Now Deliver Food, Bus Tables at Sawatdee
The Thai restaurant is using robots to run between the dining room and kitchen at its locations in Minneapolis and Maple Grove. Sawatdee, the Upper Midwest’s first Thai restaurant that’s now in its second generation of family ownership, now appears to be the first restaurant in Minnesota to put robots in the dining room. And…
Read MoreElectrolux Professional to Acquire Unified Brands
Electrolux Professional has entered into an agreement to acquire Unified Brands Inc and related assets, a leading US-based manufacturer of foodservice equipment. The acquisition will significantly strengthen Electrolux Professional’s presence in the US and supports Electrolux Professional’s focus on growth with the foodservice chains. Electrolux Professional will acquire Unified Brands for approximately SEK 2,140m (USD…
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